Telecom Malaysia to build new SEA-ME-Europe submarine cable system
The system would connect Malaysia with multiple countries namely Singapore, Bangladesh, India, Sri Lanka, the Maldives, Pakistan, Oman, Djibouti, Saudi Arabia, Egypt and France.
Business
Thailand’s first international air show cleared for take-off
It will be held at U-Tapao International Airport in Rayong in 2027 to promote the country as an Asean aviation hub and provide the Eastern Economic Corridor with a fillip.
Home grown businesses redraw Viet Nam’s retail map
In 2016, more than 50 per cent of Viet Nam's retail market share belonged to foreign enterprises but now it is about 70-80 per cent across the country.
Thai Minister rules out ending 300 baht landing fee for foreigners
The fee would be used to buy insurance for foreign travellers and contribute to the tourism development fund, he said.
Startups restructure bespoke clothing sector in India
Experts believe mass customization and personalized production will grow.
China’s digital currency push faces uphill battle
China is trying to show that the country’s digital currency is in the stage of practical use, but private smartphone payment systems are widespread in the country.
Flurry of asset sales in Japan as firms hit by Covid-19 shore up books
This trend has been particularly acute in sectors that are the hardest hit in the prolonged Covid-19 pandemic, such as transport.
Rush to design chips in China
Chinese carmakers, cloud computing companies and smartphone vendors are branching out into chip design
Thailand launches new elite card that gives holders right to work
The move is aimed at attracting foreigners who will need to invest 30 million baht to get a work permit.
Yuan rising in global payments
The renminbi saw its share of global payments by value hit a record high of 3.2 percent in January, up from 2.7 percent in December.