China to set up new department to regulate tutoring
The Ministry of Education has established a new department to regulate extracurricular tutoring schools, reduce the excessive academic burden on students.
Business
Malaysia’s FDI slips to lowest since 2009 due to pandemic
oreign direct investment (FDI) into Malaysia recorded a net inflow of RM14.6 billion in 2020, down 54.8 per cent from RM32.4 billion in 2019, the lowest since 2009.
Japan’s tourism industry sees recovery on horizon
There are signs of a recovery in demand among major tourist companies.
Malaysia, Singapore regional hubs for green financing, says HSBC
Malaysia and Singapore have intensified their longer-term positioning as regional hubs for green and sustainable finance, making the issuing of sustainability bonds in Asean more…
China to shorten negative list for investors
China's efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors.
Singapore loses its top spot in global competitiveness study, now ranks 5th
Singapore has tumbled from its top spot as the world's most competitive economy to fifth place, but remains Asia's top performing economy.
Kakao to launch new subscription-based content platform in South Korea
The platform will allow producers to create, edit and publish various forms of content including news, videos, music and texts.
Volume of online shopping up 3 trillion won in a year
The active shopping via the internet of households is likely to contribute much to the gross domestic product of South Korea.
Xiaomi seeking autonomous driving engineers
Chinese smartphone maker Xiaomi plans to hire 20 engineers for autonomous driving, to work in Beijing's Haidian district, according to posts on its official website.
Grab technology boosts economic opportunities, financial access in Kalimantan
When digital platform Grab first entered Tarakan in 2017, it brought benefits for both businesses and consumers alike. Now that is set to increase even more.