Top 10 Chinese metaverse firms with greatest potential
To make the list, a firm is required to be valued at over $1 billion. Among them, 16 percent are State-owned enterprises; 84 percent are private enterprises.
Business
Macau shuts most businesses amid Covid-19 outbreak, casinos stay open
Macau’s government relies on casinos for over 80 per cent of its income, with most of the population employed directly or indirectly by the casino industry.
Japan’s video game giants profit from back catalogs
A major reason for older titles’ continuous good sales is the shift from brick-and-mortar retail to downloading.
Mainland pop culture gains traction among HK youth
A growing number of mainland brands have started branches in the city, while many mainland trends, like online shopping, also impact the lives of Hong Kong residents.
Shanghai fire sparks safety campaign in China
The focus of the campaign will include aspects such as improving safety at chemical industrial parks; safety risk management and control of large oil and gas storage facilities.
Big reset for Singapore hotel industry as it welcomes post-Covid-19 recovery
Since the launch of the vaccinated travel framework in April, Singapore has seen an uptick in visitor arrivals and hotel occupancy rates. Figures from Singapore Tourism Board…
Multinationals summit to promote further opening-up
A total of 313 foreign multinational companies from 31 countries and regions have signed up for the summit's offline events to date.
NTT Group introduces remote-first policy
The new teleworking system will be introduced in July and apply to approximately 30,000 employees at major NTT Group companies.
China’s restaurants adapt to open new revenue stream amid virus outbreaks
After the monthlong suspension of dine-in operations, restaurants are embracing online takeout and delivery services that have proved effective for many businesses to stay afloat.
60% of CEOs worldwide expect recession: Survey
Fifteen percent of the CEOs surveyed think the region where their company operates has already been in a recession.