Startups restructure bespoke clothing sector in India
Experts believe mass customization and personalized production will grow.
Business
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.
Thai Cabinet gives green light to EV promotion package
The Cabinet has approved subsidies of Bt70,000 -Bt150,000 on purchases of electric vehicles to promote Thailand’s EV manufacturing industry.
Ginger farmers face hard times after market crashes
Production has plunged by 95 percent in Palpa district of Nepal, which is famed for the spice.
Japan firms expand retail facilities in Southeast Asia
The new trend for Japan’s retailers operating in Southeast Asia is to promote aspects of affluent lifestyles, with the aim of showing middle-class consumers there that they are…
i-City Malaysia to invest millions to enhance theme park with 3D metaverse
i-City’s head of Leisure, Tang Soke Cheng said the project will be implemented together with China Mobile International (CMIM)