Huawei sees big potential in ASEAN’s shift to digital economy
“Many countries in the region, like Thailand, Singapore, Indonesia and Malaysia, are introducing national AI strategies and action plans for a digital and intelligent future,”…
Business
President Yoon’s office to set up task force to keep growth momentum
The presidential office will also set its sights on decelerating consumer price inflation with a new presidential body to keep the growth of the consumer price index below 3…
Bhutan’s trade deficit narrows by 12.8 per cent
Bhutan’s main source of export revenue, from electricity, saw a significant increase in imports impacting the country’s balance of trade in the first quarter. Bhutan usually…
China’s medical aesthetics market reaches breakout point
When China rolled out its reform and opening-up policies in the late 1970s, the domestic medical aesthetics industry sprouted to ride the era of liberalisation, gradually evolving…
Malaysia aims to double global market share of overall chip trade by 2029 amid US-China rivalry
The Malaysian government is offering a slew of incentives, such as tax breaks, subsidies and visa exemption fees, to attract big tech companies, unicorns and investors, with the…
Tokyo Redevelopment Project’s businesses intend to make Tsukiji new base for int’l interactions
The project will be realized to create moving experience and communication by a multipurpose stadium with a capacity of about 50,000 people, innovate technologies in the life…
Japan’s top currency diplomat: No comment on exchange rate fluctuations
Earlier in the day, the yen weakened to ¥160 against the dollar, before recovering to around ¥154. This prompted growing speculation in the market that the Japanese government…
Asia’s first spot crypto exchange-traded funds to debut in Hong Kong
Six spot bitcoin and ether ETFs will begin trading on the Hong Kong Stock Exchange on Tuesday, as the international financial hub takes steps to enhance its digital-asset…
Philippine economy seen to accelerate in 2024 but faces high inflation, El Nino-driven risks
The biggest risk to growth is still inflation, which is at risk of breaching the state’s 2 to 4 percent target anew amid an ongoing dry spell that’s wreaking havoc on farms.
China outpaces Korea in smaller OLED shipments for the first time
China's OLED shipments for IT gadgets including smartphones and tablet PCs accounted for 53.4 per cent of the total in the January-March period, ahead of Korea’s 46.6 per cent.…