How a celebrity CEO’s rule of fear helped bring down hot Singapore start-up Zilingo
The company’s turmoils highlights an apparent lax internal corporate governance culture that is not uncommon in the start-up industry.
Corporate Buzz
Will Samsung make cars again?
Despite repeated denials by the top brass, speculation has resurfaced about Samsung’s car business, given the demand for electric vehicles.
Starbucks Korea admits giveaway bags had cancer-causing chemicals
Suspicions arose of toxic substances on the merchandise after multiple online posts claimed early last month that the bags had an odor.
South Korean PM to recommend pardon for Samsung’s Lee
Jay Y Lee, heir to the world's second-largest contract chip maker, was convicted of bribery and embezzlement in Jan 2021 but got parole in August, after serving 18 months of a…
Alibaba seeks dual-primary listing to foster more diversified investors
The primary listing process, which is stricter than the secondary listing process, is expected to be completed before the end of this year.
Google, world’s biggest seller of online ads, may withstand global recession
Overall, Alphabet reported second-quarter revenue of $69.69 billion, 81 per cent coming from Google's ad business.
China’s drone market set to hit $15 billion this year
Since 2020, China's drone market bucked the trend and maintained a 30 per cent growth thanks to contactless delivery and smart applications.
Food companies accelerating move away from plastic packaging
Amid the rising cost of various goods, including the price of crude oil, reducing the use of plastic is expected to lower material costs.
Streaming platforms fight for market share in Korea
While Netflix remains on top, second place is likely to change in the second half of the year.
Indonesia’s pottery industry finally gets its moment
After being mostly thought of as a hobby, pottery is starting to become a real commercial force in Indonesia.