Shenzhen gives $4.5 million in e-CNY to boost consumption
Giving out coupons, including e-CNY red envelopes, has become an effective measure for multiple regions in China to boost online and offline consumption.
Business
Tourism firms say left out of $150 million loan scheme
The scheme, purportedly prioritising tourism-related businesses have been affected by the Covid-19 crisis, raised concern regarding firms’ financial statement requirements.
Remote work tests South Korea’s corporate hierarchy, culture
Once unthinkable, working from home in high demand by younger workforce that values performance over loyalty.
The Great Renegotiation: S’pore workers want more flexibility, training and pay – or they will quit
Surveys out this year show that a majority of workers intend to quit if their demands are not met. How are workers and bosses navigating this 'new normal'?
Indian start-ups creating wealth and value: PM
He highlighted that the average annual growth rate of Indian Unicorns is more than those of the US, UK, and many other countries.
Indonesia raises US$3.25 billion in its biggest global sukuk sale
The 5-year notes carry a coupon of 4.40%, while the 10-year notes have a 4.70% coupon, below the sovereign's initial price guidance, it said in a statement by the finance ministry.
Pfizer to sell patented drugs at not-for-profit prices to 45 low-income countries
Pfizer said its plan includes 23 wholly-owned, patented medicines and vaccines that treat infectious diseases, certain cancers, and rare and inflammatory diseases.
Thailand’s business opportunities amid Russia-Ukraine crisis
Russia’s trade minister said the West’s economic boycott would prompt his country to expand markets in Asia and give Thailand the opportunity to bag a bigger share in Russia.
Apple production in India can cause “geopolitical risks”: Apple analyst
A recent report states that Apple has been looking to move production from China for quite some time, likely due to disagreements between the US and the Chinese government.
Ukraine crisis moves geopolitics to front of business agenda: Edelman survey
95 per cent of respondents said they expected businesses to act in response to an unprovoked invasion.