Chinese tea brands widen their reach, placing Southeast Asia high on the agenda
Southeast Asia has been their first option as they see market potential due to its large number of young customers.
Business
Mayo Clinic opens first Southeast Asia office in Jakarta
According to the executive medical director, Indonesia was an important market as it had a good stream of patients coming from the country.
TSMC founder says he supports US move to slow China’s chip development
This is the first time that the founder of the world’s largest semiconductor manufacturer has openly expressed his support for the move by the United States to slow China’s…
Jokowi wants local governments to ditch Visa, Mastercard
The President has recommended that people start using credit cards issued by domestic banks to shield transactions from possible geopolitical fallout.
Japan’s big firms offer largest pay rises in decades
This came despite many unions making ambitious pay-scale hike demands of levels unseen in recent years.
Korea to build world’s largest system chip cluster
Samsung will lead investment in the new non-memory chip cluster in Yongin that could create 1.6m jobs
‘Game changer’: India allows entry of foreign law firms
The foreign law firms will be allowed to offer corporate law and M&A services to clients.
Taiwan shipping giant Evergreen to give staff 11-month mid-year bonus after massive year-end payout
The company made headlines last December for rewarding employees with massive year-end bonuses worth up to 52 months’ pay.
Chaos at Delhi airport: Passengers complain of prolonged wait
“Three-hour-long queues for immigration and security check. People are fainting, fighting,” tweeted a passenger.
Samsung Pay boosts ties with Naver, Kakao to cement payment leadership
Samsung Electronics has been in discussion with Kakao Pay over a potential partnership deal, seeking synergy between the two payment services.