Press Releases -> Business / Economy Syndicate content

Jul 11, 2020

From eggs to cookies, from feed to vaccines, from livestock to schnitzel - the business of Taiwan’s DaChan Great Wall Business Group spans the entire supply chain from producing livestock to processing foods and bringing them to restaurants and dinner tables. What started out as a small processor of soybean oils in...

Jul 02, 2020

The global COVID-19 pandemic has forced Taiwanese to travel more at home. Can Taiwan harness this opportunity to go higher end and create experiences that will have consumers coming back for more rather than heading abroad?

Mr. Wu, a tech executive who retired just last year, headed to Chiayi County on June...

Jul 02, 2020

FTA between Hong Kong and ASEAN’s largest member takes effect.

Indonesia – a massive archipelago linking the Pacific Ocean and Indian Ocean – has long been known as the source of a wide range of spices and original home of at least three global food products – cane sugar, bananas and domestic chickens.

Jun 29, 2020

Connecting suppliers with global buyers in challenging times

28 June 2020 – Although there are signs that the COVID-19 outbreak is stabilising in some parts of the world, the demand for online sourcing continues to grow as physical trade fairs are still unable to be staged. To help companies rise to the...

Jun 28, 2020

The set-up of automatic dispensing machine providing free rice in Vietnam – originally a measure to help jobless people during the Covid-19 crisis – is now going to become a permanent instalment in the country to make life easier for the poor.

The so-called “rice ATMs” have been installed starting in April...

Jun 20, 2020

18 June 2020, Bangkok: TCEB, in collaboration with Department of Health (DOH) and Thai MICE venue operators, is exhibiting the readiness of Thai MICE industry to host ‘new normal’ events under strict hygiene and safety criteria of the Ministry of Public Health. To ensure clients of safety and road to recovery of...

Jun 20, 2020

The popular chain is expected to ride the country’s rapid shift to modern retail

7-Eleven Cambodia is finally setting up shop. The renowned brand hopes to open its first branch in Phnom Penh by 2021. The Cambodian franchise will be administered by CP All Public Co. Ltd, the conglomerate that also operates...

Jun 18, 2020

The willingness among Chinese investors to invest in the housing market of Thailand has shown no signs of abating despite the global economic slowdown due to the onset of the coronavirus pandemic. Chinese tourists love Thailand, and more and more turn into investors in putting their money on Thai residential...

Jun 07, 2020

Taiwan Power Company has partnered with Delta Electronics to build its largest energy storage system as part of a smart grid project on Kinmen Island.

Delta will provide a 1MWh lithium-ion battery energy storage system, a 2MW capacity power conditioning system, an energy management platform and environment...

Jun 07, 2020

Malaysia’s Prime Minister Muhyiddin Yassin on June 7 said in a televised address that the country would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed nearly three months ago, local media reported.

Yassin said that the disease was...

Jun 02, 2020

Export-focused wholesalers adopt virtual sales pitches to woo domestic buyers.

With many traders and manufacturers in Guangdong’s key apparel hub finding themselves with huge amounts of surplus stock and nowhere to export it to amid the COVID-19 lockdown, targeting the domestic market via live video-...

Jun 02, 2020

BEIJING, June 2, 2020 -- Chinese authorities on Monday released a master plan for the Hainan free trade port, aiming to build the southern island province into a globally-influential high-level free trade port by the middle of the century.

A free trade port system focusing on trade and investment...

Jun 02, 2020

Ho Chi Minh City’s local government is planning to develop three eastern districts of the city into an “innovative urban area” that would resemble California’s Silicon Valley, local news outlet VnExpress International reported.

The 22,000-hectare area will see the integration of an existing hi-tech park in...

May 30, 2020

The coronavirus disease (COVID-19) pandemic has threatened health, livelihoods, and social wellbeing across much of Asia and the Pacific. The Asian Development Bank (ADB) has been responding to the crisis from its early stages, focusing on a broad set of challenges related to the public health emergency, its...

May 29, 2020

Malaysia plans to boost digital connectivity country-wide as the government acknowledges that improved digitisation has become “a vital aspect” in the daily lives of the people, even more so in times when the country is dealing with the Covid-19 pandemic, Malaysia’s state news agency Bernama cited communications...

May 26, 2020

A Hong Kong-based green-energy innovator heads Down Under, paving the way to go global.

Relocating operations has been a perennial theme for businesses in Hong Kong. From the 1950s to 1970s manufacturers flocked to the city, turning it into the factory of the world for everything from textiles and toys to...

May 25, 2020

MANILA, PHILIPPINES (15 May 2020) — The global economy could suffer between $5.8 trillion and $8.8 trillion in losses—equivalent to 6.4% to 9.7% of global gross domestic product (GDP)—as a result of the novel coronavirus disease (COVID-19) pandemic, says a new report released by the Asian Development Bank (ADB)...

May 24, 2020

The most eye-catching category in this year’s Top 50 Performers survey is none other than “IC Design”. Beset on both sides by the trade war and the COVID-19 pandemic, how was this bunch of IC Design companies able to beat the odds and continue to shine throughout the year?

May 17, 2020

On January 23, one day before Lunar New Year’s Eve, China announced its first lockdown in the city of Wuhan, the epicenter of the COVID-19-pandemic. Within a week, nearly ten Chinese cities were locked down as well.

Yet as cities were locked down and transport came to a halt, farm products already sown,...

May 15, 2020

Cambodia shows confidence in a revival of international tourism after the coronavirus pandemic subsides and sticks to plans to open a new airport, the largest in the country so far.

The airport is currently being built for $880 million near the historical site of Angkor Wat in the country’s northwestern...

May 15, 2020

Bangkok, Thailand ─ Climate change could push 62 million people into extreme poverty in South Asia. Those who are living on the edge and above the poverty line are also likely to be affected by extreme weather, floods, heatwaves, and other climate-induced hazards. A World Bank study has concluded that, without...

May 15, 2020

On May 6, Taiwan’s Bureau of Standards, Metrology and Inspection (BSMI) announced the parameters of the country’s first renewable energy projects under which solar power producers can directly distribute electricity to an end user outside the established grid.