Honda, Nissan partnership has potential to change market share amid competition from China
Japan’s second and third-largest automakers, Honda and Nissan, aim to be more competitive when it comes to costs by standardizing core components for EVs.
Business
People’s love for four-legged friends turns into big money for pet products industry
Now that pets have become family members, the trend has given rise to a new industry – pet celebrities and influencers. Here the owners promote their pets’ peculiarities to…
Finance ministry, IMF begin second review of Pakistan’s standby arrangement
The last review, if successful, will release a tranche of around $1.1 billion, the ministry had said. Islamabad had secured the last-gasped rescue package last summer to avert a…
Meta’s refusal to pay for news in Australia prompts calls for government to fund media
On March 14, Meta defended its decision to end the payments, saying in a blog post that “global tech companies cannot solve the longstanding issues facing the news industry”.
Vietnam’s GDP reaches over $430 billion in 2023, fifth most in Southeast Asia
With this forecast, Vietnam's economy in 2023 ranked equal to Malaysia ($433.35 billion) and above Myanmar ($74.9 billion), Cambodia ($30.9 billion), Brunei ($15.1 billion), Laos…
Alibaba pledges $1.1 billion investment for South Korea expansion
The investment plan includes a new distribution centre worth about $200 million on a 180,000-square-meter site, and will become the largest of its kind in South Korea if the plan…
US commerce secretary promises investments in Thailand to make semiconductors
Secretary Gina Raimondo said Thailand stood to gain from a move by the United States to diversify semiconductor production, adding that American firms were ready to…
Korea central bank report sparks controversy over foreign care worker wages
“The bank’s suggestions of paying migrant workers cheaper than the minimum wage are discriminatory and anti-human rights ideas,” according to a major coalition comprised of…
‘Make your voices heard,’ TikTok CEO Chew Shou Zi tells US users after House vote
The legislation is a major setback for the video-sharing app, which has surged in popularity across the world while causing nervousness about its Chinese ownership and its…
Successs of Godzilla Minus One likely to spur Japanese firms to go overseas
The release of “Godzilla Minus One” in the United States was the first of a series of projects by Toho Global, and the Toho group was solely responsible for distribution,…