INTERNATIONAL BUSINESS NEWS
Chinese social media apps held to same standards as e-commerce platforms under new draft regulation
Social media apps such as Douyin, WeChat and Kuaishou may be subject...
Tokyo raises its COVID-19 virus alert to the highest level amid a record increase in cases
Amid a resurgence of the COVID-19 virus across Japan...
Chinese President X Jinping calls for international cooperation on COVID-19 vaccine
BEIJING — Chinese President Xi Jinping has made a call for clos...
Taiwan fast tracks green power
Since 2016, as part of a bid to meet rising demand from local and overseas invested businesses...
Korean Air buy’s Asiana Airlines, Air Busan and Air Seoul for $1.6 billion USD
South Korea’s flag carrier, Korean Air announced that it will buy out its smaller rival...
Facial verification enhances Singaporean government's digital identity program
Four million Singaporeans can now access digital government services online, using facial verification implemented...
Green car race in top gear
In a remote address to the United Nations, President Xi Jinping pledged to make Mainland China produce zero net emissions of carbon dioxide by 2060...
CapitaLand and Shopee to teach e-commerce strategies to retailers in six malls in Singapore
Singapore-based real estate group CapitaLand, and e-commerce platform Shopee have come together to create an omnichannel....
Alibaba 2020 Global Shopping Festival generates more than $74.1 billion USD
Alibaba Group announced that its “2020 11.11 Global Shopping Festival” generated a total of $74.1 billion USD...
Starbucks targets Laos as its newest market
Starbucks announced today that it plans to expand its network of more than 10,000 stores in Asian countries with the opening of an outlet in Vientiane, Laos...
Singapore halts use of South Korean flu vaccines after 48 people die
Following the deaths of 48 people in South Korea who died after receiving seasonal flu shots...
Investigators question Dentsu’s involvement in the bid for the Tokyo Olympic Games
According to reports from Reuters and Japanese media, Dentsu, the Japanese advertising giant...
Can Facebook reenter China?
One of the unique features of the Chinese digital marketing landscape, when compared to the rest of the world...
Foreign investment in Myanmar’s energy, manufacturing and real estate sectors continues
According to a report by Myanmar’s Directorate of Investment and Company Administration (DICA), the country has gained $5.52 billion USD...
Japan’s NTT Data partners with the Bank of Ayudhya to enable QR code payments
Japan’s NTT Data Corporation announced that is will partner with Thailand’s Bank of Ayudhya...
Japan's All Nippon Airways records $4.8 billion USD in losses and will shrink its fleet
Japan's All Nippon Airways (ANA) has announced that it will retire more than 10% of its aircraft fleet and will delay two aircraft orders in order to limit expenses...
Cathay Dragon ordered to immediately end its operations
Cathay Pacific has confirmed that it will reduce its workforce by approximately 8,500 employees and shutdown Cathay Dragon as part of a major restructure....
Why Singapore is a Good Base for Establishing Financial Treasury Centers
Singapore’s investor-friendly tax and legal regimes as well as its integrated financial system make the country an ideal destination to...
The Post-Pandemic World: Digital Adoption and Market Diversification
As governments around the world try to contain the spread of coronavirus by closing their borders, implementing social distancing...
New Marketing Strategies in China: Big Data's Social Media Sales Boost
In recent years, emerging local brands have been developing fast in mainland China, propelling exponential growth in the domestic market.
AirAsia Japan flies away
Amid the shutting down of borders and increasing border restrictions that continue to hit travel, low-cost carrier AirAsia Japan has now announced that it has ceased operations.
Malaysia Airlines will shut down if restructuring fails
KUALA LUMPUR (Reuters) - Malaysia Airlines will have to shut down if its lessors decide not to back its latest restructuring plan...
Vietnam’s banks are worried about data sharing and security
At a recent conference held by the Banking Strategy Institute and the Banking Academy, on the subject of “Data Management in Banking and Finance”...
Thailand’s SHREIT wants to sell its two Ho Chi Minh City hotels for $38 million USD
SHREIT, the Thai hospitality real estate investment trust, has announced that it plans to sell its two hotel properties in Ho Chi Minh City, the IBIS Saigon Hotel...
The Way Forward – Key Tips to Reimagine Your Business in Southeast Asia
Thriving in the post-COVID-19 future will ultimately require changes in how companies think about staying relevant to consumers...
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