Press Releases -> Business / Economy Syndicate content

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.

May 14, 2020

As the COVID-19 pandemic reshapes the way in which we work, keep in touch, go to school and shop for essentials – across the world – it has never been more important to bridge the digital divide for the 3.6 billion people who remain off-line.

That’s according to top experts from the International...

May 11, 2020

Singapore, May 11, 2020 23 – ( ASIA TODAY ) -- Singapore Changi Airport was voted by customers as the World's Best Airport for the eighth consecutive time at the 2020 World Airport Awards. Singapore Changi Airport also took the awards for the World’s Best Airport Leisure Amenities and the Best Airport in Asia.

May 06, 2020

While the majority of businesses suffer from severe economic disruption caused by the coronavirus pandemic, there are still the lucky ones for whom the crisis turns out to be advantageous.

Singapore-based e-commerce delivery firm Ninja Van is one of them. The company on May 5 announced that it raised $279...

May 02, 2020

JAKARTA, Indonesia, May 2, 2020 -- ASEAN member countries agreed seven cooperation efforts on tourism sector as a mitigation measure towards the tourism sector which is considered as the hardest sector hit by the COVID-19 pandemic.

The Vice Minister of Tourism and Creative Economy Angela Tanoesoedibjo...

Apr 26, 2020

Shenzhen, China --( ASIA TODAY )-- Since the outbreak of COVID-19, infrared technologies have played a more pivotal role for China and around the world to combat the pandemic to which fever is a common symptom of coronavirus infection. Therefore, the main entrances of railway stations, airports, office buildings,...

Apr 25, 2020

The coronavirus pandemic has had an unprecedented impact on all aspects of life around the world, and Taiwan's manufacturing industry is no exception. Based on the Industrial Technology Research Institute’s statistics, regarding the structure of Taiwan's manufacturing industry, it is composed of machinery,...

Apr 20, 2020

Next-generation ICT firms operate in almost every sector but share one attribute – all create a flood of information which calls for nimble hardware and software.

Apr 20, 2020

BANGKOK, April 20, 2020 -- Thailand Convention and Exhibition Bureau or TCEB has announced two projects focusing on digital-based MICE services and health safety standard.

Apr 20, 2020

HONG KONG, April 20, 2020 -- The Smart City in the 5G era is on the way, as the satellite industry pioneer, Hong Kong Aerospace Technology Group, Ltd. (HKATG), has launched its first starlink project, the Guangdong-Hong Kong-Macao Greater Bay Area Golden Bauhinia Satellite Constellation. The project is also the...

Apr 18, 2020

Hong Kong is a land of opportunities to start the business or to get more exposure in the region. To develop their business in Asia, many western brands will first open a branch in Hong Kong because the international city has plenty of advantages. Thanks to its proximity with China, the largest B2C market and “...