{
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asia economic summit addresses business challenges and collaboration opportunities

Tech in Asia and The Business Times are hosting the inaugural Asia Economic Summit, uniting leaders from various sectors to address business challenges in the region. The event features prominent figures like Andre Djokosoetono and Jixun Foo, with early bird tickets available until April 14.Cinch, a Singapore startup, is revolutionizing gadget access through a device-as-a-service model, allowing businesses to rent devices and reduce upfront costs. Meanwhile, Ant International has expanded its payment services in Sri Lanka, partnering with LankaPay to facilitate cross-border mobile payments, enhancing local merchant opportunities and tourist experiences.
Tech in Asia
United States Dollar Samsung Biologics Co.,Ltd. PT Blue Bird Tbk Kakao Corp. IDN PHL MYS SGP USA LKA KOR Melissa Joan Hart Adrianto Djokosoetono Show more
Business & Industry, Blog Post
09:00 09.04.2025

asia economic summit explores digital future and investment opportunities

The inaugural Asia Economic Summit aims to address the complexities of doing business in Asia, featuring leaders from various sectors, including Grab's return to the taxi market after securing a license. Meanwhile, Japan's Nikkei index hits an eight-month low due to US tariffs, and Gulf Development debuts on Thailand's stock exchange amid mixed market reactions. Baidu faces declining market share and revenue challenges despite efforts to enhance its search capabilities with AI.
Tech in Asia
Thai Baht Indonesian Rupiah Japanese Yen United States Dollar Grab2Go AS JPN SGP IDN THA Adrianto Djokosoetono Show more
Business & Industry, Market Report
09:00 07.04.2025

China steps up climate leadership as US retreats from global talks

The trend of "greenhushing" is emerging among US companies, leading them to downplay their climate initiatives, which may discourage smaller firms in Asia from pursuing climate change efforts. Meanwhile, significant investments in climate tech are being made in Asia, with China taking a lead in renewable energy advancements. As the US retreats from climate discussions, Asian markets are increasingly embracing green investments, signaling a shift in the region's approach to sustainability.
Tech in Asia
Japanese Yen Chinese Yuan United States Dollar Oji Holdings Corp Clime Capital Ltd Mitsubishi Corporation JPN CHN IND PHL USA VNM Liu Zhenmin Adrianto Djokosoetono Show more
Environment & Sustainability, News Article
09:00 04.04.2025

microdramas surge in popularity as southeast asia embraces mobile video trend

Microdramas, short vertical videos designed for smartphones, have surged in popularity in China, generating more revenue than box office films last year. This trend is now expanding into Southeast Asia, where local companies are beginning to produce original content, though they may face stiff competition from established Chinese firms.In other news, Microsoft has closed its AI lab in Shanghai, significantly reducing its operations in China after five years of supporting numerous projects and training thousands of professionals. Meanwhile, South Korean AI startup Wrtn has raised US$73.5 million in funding, and Foxconn plans to double its iPhone production in India to 30 million units by year-end.
Tech in Asia
United States Dollar Foxconn Technology Co., Ltd. Microsoft Corp KOR CHN IND Adrianto Djokosoetono Show more
Business & Industry, News Article
11:30 02.04.2025

southeast asia's dynamic growth and investment opportunities in technology and sustainability

NXP Semiconductors is collaborating with Vanguard International Semiconductor Corporation to establish a wafer manufacturing facility in Singapore. Southeast Asia faces significant climate challenges but also has immense potential for renewable energy, requiring an estimated US$1.5 trillion by 2030 for green investments, which have only reached US$45 billion since 2021. The region's dynamic economy, driven by e-commerce, fintech, and AI, is projected to grow by 4.6% in 2025, outpacing major economies like China.
Tech in Asia
United States Dollar AnyMind Group Inc. Google Inc. NXP Semiconductors N.V. NVIDIA Corporation Bain & Company Inc. Vanguard International Semiconductor Corporation THA SGP CHN MYS IDN Adrianto Djokosoetono Tessa Wijaya Aaron Tanti Show more
Business & Industry, Market Report
04:30 28.03.2025

navigating investor relations in venture capital and recent industry highlights

Venture capitalists face the challenge of managing relationships with numerous limited partners (LPs), often juggling between 25 to 49 LPs for funds of US$1 million to US$10 million. Effective communication strategies and delivering value beyond financial returns are crucial for maintaining these investor relationships.In other news, Samsung has been ordered to pay US$601 million in back taxes in India due to alleged tariff violations, while BMW partners with Alibaba to develop an AI engine for future vehicles. Additionally, several startups have secured significant funding, including Apna Mart with US$25 million and TARS with US$120 million.
Tech in Asia
United States Dollar Indian Rupee Chinese Yuan PT XL Axiata TBK Samsung Biologics Co.,Ltd. Adrianto Djokosoetono Kevin Brockland Roy Zur Show more
Business & Industry, News Article
10:30 27.03.2025

jollibee expands coffee business amid competition from emerging startups

Jollibee Foods Corporation is expanding its coffee and tea business, which includes brands like Compose Coffee and Coffee Bean & Tea Leaf, to strengthen its position in the competitive F&B market in the Philippines. This move may lead to a clash with VC-backed startups like Pickup Coffee and Zus Coffee, which are targeting younger consumers.In other news, Swiggy has launched a new B2B platform, Assure, to provide locally sourced fresh ingredients, while the IndiaAI Mission and the Gates Foundation are collaborating to enhance AI solutions across various sectors.
Tech in Asia
Indian Rupee United States Dollar Chinese Yuan New Taiwan Dollar Jollibee Foods Corporation SGP CHN TWN IND PHL Adrianto Djokosoetono Show more
Business & Industry, Blog Post
10:30 24.03.2025

fore coffee plans ipo amid market volatility and expansion efforts

Fore Coffee has filed for an IPO amid a temporary trading halt on the local exchange due to a market dip. The company plans to use the funds for expansion, targeting 60 new stores this year, including a second location in Singapore.In other news, Grab is expanding its grocery segment in Malaysia, which has outpaced its food delivery growth for two consecutive quarters. The company is acquiring Everrise to enhance its presence in the grocery market, despite challenges in profit margins.
Tech in Asia
Indonesian Rupiah Hong Kong Dollar United States Dollar Indian Rupee Singapore Dollar Grab2Go AS SGP IDN SAU MYS USA Adrianto Djokosoetono Show more
Business & Industry, Market Report
08:00 24.03.2025
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