Global News


08 September 2020 - Global economy seeing sharper V recovery, raising case for inflation — Morgan Stanley
  1. More ​The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said
04 September 2020 - APAC CEOs' confidence on global economy growth prospect shaken -- KPMG
  1. More ​Asia Pacific (APAC) business leaders' confidence on growth prospects of the global economy over the next three years has dropped, according to the 2020 KPMG Global Chief Executive Officers (CEOs) Outlook report
03 September 2020 - Efficient globalization to save world's economy
  1. More Roberto Azevedo stepped down as director-general of the World Trade Organization on Monday, becoming the first WTO chief to leave office ahead of time
03 September 2020 - Global semiconductor sales up 4.9% y-o-y in July to US$35.2b, says SIA
  1. More ​Global sales of semiconductors rose 4.9% year-on-year in July to US$35.2 billion from US$33.5 billion a year earlier, said the US-based Semiconductor Industry Association (SIA)
03 September 2020 - UK has ‘huge’ interest in Southeast Asia, trade official says
  1. More The UK government and businesses already were focused on deepening partnerships in the Asia-Pacific region before the coronavirus pandemic, and now are doubling down on promoting free trade and digital partnerships there, the country’s trade commissioner for Asia-Pacific said in a Bloomberg Television interview
03 September 2020 - CEOs in Asia Pacific turn more pessimistic on global economic growth prospects: KPMG survey
  1. More ​Only 22% of chief executive officers (CEOs) in Asia Pacific remain confident on the global economy’s growth prospects over the next three years, a significant drop from 67% reported in January, according to the 2020 KPMG Global CEO Outlook report
01 September 2020 - AI quality inspection robots playing bigger role at factories in Japan
  1. More ​At a factory south of Toyota City in Aichi Prefecture, robots have started sharing the work of quality-control inspectors, as the pandemic accelerates a shift from Toyota's vaunted "go and see" system which helped revolutionize mass production in the 20th century
01 September 2020 - Global trade seen rebounding faster now than post-Lehman
  1. More ​Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany's Kiel Institute for the World Economy
31 August 2020 - ASEAN states must invest in next generation to overcome disparity in digital skills
  1. More ​ASEAN member states must invest in the next generation as the potential of the region has always been limited by the disparity in digital skills among the countries, prominent Malaysian entrepreneur Datuk Seri Vijay Eswaran said
30 August 2020 - ASEAN to share data to support COVID-19 vaccine development - MITI
  1. More ​Malaysia, together with ASEAN member countries, will collaborate and support ASEAN’s external partners’ COVID-19 vaccine development through sharing of key clinical data and reports, said the Ministry of International Trade and Industry (MITI)
27 August 2020 - ASEAN, partners recognise RCEP's importance amid COVID-19 uncertainties
  1. More ​The Economic Ministers of the ASEAN Member States, Australia, China, Japan, South Korea, and New Zealand have recognised the critical importance of the Regional Comprehensive Economic Partnership (RCEP) Agreement in light of ongoing uncertainties brought about by the COVID-19 pandemic
26 August 2020 - Open world economy key to recovery amid pandemic
  1. More ​For many foreigners living in China's capital city, the Sanyuanli Market is a unique cure for their homesickness
25 August 2020 - ASEAN must push RCEP signing to expedite regional economy's recovery
  1. More ​ASEAN and its partners of the Regional Comprehensive Economic Partnership (RCEP) should push for the signing of the RCEP agreement to combat the threat of COVID-19 pandemic on the economy
17 August 2020 - IBM rolls out newest processor chip, taps Samsung for manufacturing
  1. More ​International Business Machines Corp announced on Monday a new processor chip for data centers that it says will be able to handle three times the workload of its predecessor
16 August 2020 - World’s Biggest Free-Trade Pact Targets First Deal in 2021
  1. More ​The first commercial deal under an Africa-wide free trade zone will take place on Jan. 1 as outstanding talks are set to move online, the African Union said
12 August 2020 - Wind and solar produced 10% of global electricity in first half of 2020: report
  1. More ​Wind turbines and solar panels produced a record 10% of the world’s electricity in the first half of 2020 as coal-power declined, but steeper change is needed to meet targets set under the 2015 Paris climate agreement, a report said
12 August 2020 - China leads peers in 5G investments
  1. More Telecom companies bank on cost-effective infrastructure to speed up the use of superfast tech in more industries
11 August 2020 - Covid-19 creating online travel boom in Japan
  1. More ​Online travel is starting to boom in Japan, where the novel coronavirus is spreading at an alarming pace, with some tour products allowing participants to view countryside scenery and interact with local people, and others offering virtual travel experience and local specialties
07 August 2020 - Japan push to cut China reliance may be boost for Southeast Asia
  1. More ​Japan’s quiet push to protect its supply chains in the era of Covid-19 may prove a boon to Southeast Asian nations looking to gain from the growing backlash against China
06 August 2020 - TPP members agree to bolster digital rules and supply chains amid virus
  1. More ​The 11 members of the Trans-Pacific Partnership free trade pact agreed Thursday to take the lead in global rule-making for the digital economy and bolster efforts to make resilient supply chains amid the novel coronavirus pandemic
06 August 2020 - World’s fastest growing fortune is a Chinese pharma tycoon
  1. More ​In the fight against the coronavirus, a vaccine trial is almost always a boost for pharma stocks
05 August 2020 - CPTPP bloc says to ensure food, medicine supplies amid pandemic
  1. More Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic, they said in a joint statement published on Wednesday
05 August 2020 - Johnson Matthey technology selected for world's largest single train methanol plant
  1. More ​Johnson Matthey (JM) has been selected by China’s Ningxia Baofeng Energy Group as licensor for the third methanol synthesis plant at its coal to olefins complex near Yinchuan in Ningxia Province PRC
04 August 2020 - Global semicon sales up 5.1% y-o-y in June to US$34.5b, says SIA
  1. More ​Global sales of semiconductors rose 5.1% year-on-year in June to US$34.5 billion from US$32.9 billion a year earlier, said the U.S.-based Semiconductor Industry Association (SIA)
04 August 2020 - Asean must work together to curb COVID-19, minimise socio-economic impact - Dr Noor Hisham
  1. More ​Asean members including Malaysia must work hand-in-hand to curb the spread of the COVID-19 pandemic and minimise the socio-economic impact to countries, said Health director-general Datuk Dr Noor Hisham Abdullah
01 August 2020 - Apple briefly overtakes Saudi Aramco to become the world's largest company
  1. More ​Apple Inc's stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's most valuable publicly listed company
28 July 2020 - Japanese automakers eye e-fuel as alternative to EVs
  1. More ​As the world shifts to more environmentally friendly ways to power cars and trucks, electric vehicles and fuel cell vehicles have grabbed much of the spotlight. But perhaps another type of fuel should be added to that list as a green alternative to gasoline: e-fuel
23 July 2020 - Microsoft sees growth amid pandemic computing demands
  1. More ​Microsoft yesterday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations
22 July 2020 - EU mobilises over US$900m to help Asean battle Covid-19
  1. More ​The European Union (EU) has mobilised a “Team Europe” package of over €800 million (US$920 million or RM3.92 billion) to support Asean nations in the fight against Covid-19, the Vietnam News Agency (VNA) reported
21 July 2020 - Global economy on track to recover by 4Q20, barring Covid-19 spike before flu season — Morgan Stanley
  1. More ​The global economy is expected to return to pre-Covid-19 levels by 4Q2020, with developed markets (DMs) recovering by 4Q2021, say Morgan Stanley analysts in a July 15 report
21 July 2020 - TSMC overtakes Samsung as world's largest chip company
  1. More ​Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has become the world's largest chip company by market capitalisation, according to a list produced by Yonhap News Agency
21 July 2020 - SEMI: Chip manufacturing equipment spending to hit record US$70b in 2021 after strong 2020
  1. More Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to log a record high revenue of US$70 billion in 2021 on the strength of double-digit growth, said the US-based Semiconductor Equipment & Materials International (SEMI)
21 July 2020 - Bosch creates single unit to oversee software, systems development
  1. More ​Germany’s Robert Bosch GmbH, the world’s largest auto parts supplier, said on Tuesday it is consolidating its software and electronics expertise in a single division, in order to get new digitalized vehicle functions on the road significantly faster
15 July 2020 - Digitalization makes manufacturing smarter
  1. More ​Unmanned traveling cranes unloading steel coils at midnight – which is a normal scene at a hot galvanizing workshop of a cold rolling mill of Baoshan Iron & Steel Co Ltd (Baosteel), Shanghai
15 July 2020 - Over 75% of Southeast Asia companies intend to divest in repositioning for growth — EY
  1. More ​A large proportion of companies in Asia Pacific say they are planning to divest to reposition for growth, according to the EY 2020 Global Corporate Divestment Study
14 July 2020 - S. Korea to spend US$95b on green projects to boost economy
  1. More South Korea’s government launched a plan on Tuesday to spend 114.1 trillion won (US$94.6 billion) on a “Green New Deal” to create jobs and help its economy recover from the impact of the coronavirus, President Moon Jae-in said
14 July 2020 - Samsung Electronics remains Asia's Top Brand for 9th consecutive year
  1. More Samsung Electronics has been named the best brand in Asia in 2020 for the ninth year in a row, according to results from ‘Asia’s Top 1000 Brands’ annual survey conducted by Campaign Asia-Pacific in collaboration with Nielsen
13 July 2020 - Global economy expected to recover in H2 2020 as lockdowns ease
  1. More ​The global economy is expected to recover in the second half of 2020 (H2 2020) as more countries began to ease restrictions and lockdowns that were in place to control the spread of COVID-19, said MIDF Research
08 July 2020 - The US-China rivalry is broadening from trade to everything
  1. More ​The US-China rivalry is shifting into new and unpredictable areas, engulfing everything from a popular video app to Hong Kong's status as a global financial hub
08 July 2020 - APAC companies prioritise cultural change, technology modernisation to accelerate digital transformation
  1. More ​Red Hat Inc, the world's leading provider of open source solutions has announced a commissioned study results by Harvard Business Review Analytic Services, on behalf of Red Hat, exploring Asia Pacific’s (APAC) transformation and innovation trajectory against a global backdrop
06 July 2020 - Global semicon sales forecast to rise 3.3% y-o-y in 2020 to US$426b, says SIA
  1. More Global semiconductor sales are forecast to increase 3.3% year-on –year in 2020 to US$426 bilion from US$412.3 billion a year, according to the World Semiconductor Trade Statistics (WSTS)
06 July 2020 - Samsung Earnings Buoyed by Chip Demand From Cloud Services
  1. More ​Samsung Electronics Co. reported better-than-expected profits after surging internet traffic propelled chip demand and gadget sales started recovering from the Covid-19 slump
03 July 2020 - Time to speed up digitalization process
  1. More ​A recent top-level meeting on deepening reform stressed on China advancing the integrated development of new-generation information technology and manufacturing, and accelerating the development of industrial internet and the fundamental transformation of the mode of manufacturing to promote the sector's digitalized, network-oriented and intelligent development
03 July 2020 - Private sector investment in supply chain restoration can deepen economic integration, says AEC
  1. More ​Private sector players operating in Asean can help further drive economic integration within the region, which has been impacted by the pandemic outbreak, by investing to restore supply chain connectivity
03 July 2020 - Modernise market and realise greater intra-regional trade, Asean told
  1. More ​The Covid-19 crisis is a reminder for Asean member states to modernise their economy and fully realise the potential of the intra-Asean market, said Asean secretary-general Datuk Lim Jock Hoi
03 July 2020 - Asean sec-gen stresses importance of digital technology in regional post-pandemic recovery
  1. More ​The digital economy will be a vital part of Southeast Asia's recovery plan from Covid-19, said the Association of Southeast Asian Nations (Asean) secretary-general Datuk Lim Jock Hoi
03 July 2020 - AI could contribute over US$15 trillion to global economy by 2030 — analyst
  1. More ​Artificial intelligence (AI) has the potential of contributing as much as US$15.7 trillion to the global economy by 2030, an analyst said today
03 July 2020 - ASEAN post-pandemic recovery an opportunity to recalibrate economy
  1. More ASEAN post-pandemic recovery is an opportunity for the region to recalibrate its growth trajectory to become more resilient, digitally-enabled, inclusive, and sustainable, said the regional grouping's secretary-general Datuk Lim Jock Hoi
01 July 2020 - Asia’s factory pain eases as region emerges from pandemic
  1. More Asia's factory pain showed signs of easing in June, as a rebound in China's activity offered some hope the region may have passed the worst of the devastation caused by the coronavirus pandemic
29 June 2020 - Moody's: Covid-19 to drive funding diversity for APAC infrastructure projects
  1. More ​Funding for Asia-Pacific (APAC) infrastructure projects will become increasingly diversified in the "new normal" following the Covid-19 pandemic, according to a report by Moody's Investors Service
26 June 2020 - Post COVID-19: Reviving the Asean economy with digital transformation
  1. More ​Today we face one of the largest global challenges of our generation. The impact of Covid-19 is undeniable and its test of our perseverance, unmatched. We must all work together to ensure the personal and financial safety of everyone while also minimising global economic damage
26 June 2020 - COVID-19 hastens automation, new APEC report finds
  1. More ​The COVID-19 pandemic will accelerate the adoption of automation by firms and organisations across the region, according to a new policy brief by the APEC Policy Support Unit and The Asia Foundation titled “COVID-19, 4IR and the future of work.”
26 June 2020 - COVID-19 a wake-up call for ASEAN to foster greater regional integration – CARI
  1. More Middle-powers like the European Union (EU) and ASEAN should heed the lessons learned from COVID-19 about the importance of continued relevance of global openness and free trade, says the CIMB ASEAN Research Institute (CARI)
26 June 2020 - ASEAN needs cohesive plan to shore up investments, create jobs, says Muhyiddin
  1. More ASEAN governments must materialise cohesive plans to quickly implement measures or “travel bubbles” between "green" member states amid the Covid-19 pandemic to shore up investments and create job opportunities, Prime Minister Tan Sri Muhyiddin Yassin said
25 June 2020 - Airbus COO says aircraft maker reaches new production ‘sweet spot’
  1. More ​Airbus has reached a crucial jetliner production target and smoothed recent industrial problems as it embarks on a new phase in its response to the coronavirus crisis, the planemaker's chief operating officer said
25 June 2020 - No danger of glove oversupply as Covid-19 demand outpaces capacity: Maybank IB
  1. More As the novel coronavirus (Covid-19) pandemic continues to infect and claim lives, there is no danger of an oversupply of gloves just yet
24 June 2020 - China opens more industries to foreign investment
  1. More ​China announced today it was expanding the number of sectors open to foreign investment, relaxing international ownership caps on brokerages, futures companies and life insurance firms
21 June 2020 - Air conditioner giant Daikin gets lift from coronavirus and climate change in Japan
  1. More ​Companies worldwide are beset by the very near-term threat of the coronavirus and the long-term specter of climate change. Air conditioning giant Daikin Industries Ltd. might be one of the few companies that stands to benefit from both
18 June 2020 - APEC needs to create a more resilient region to overcome pandemic - CTI
  1. More The Asia-Pacific Economic Cooperation (APEC) needs to create a more resilient APEC region that can overcome the COVID-19 pandemic, speed up the economic recovery and be better prepared for future emergency situations
16 June 2020 - Blue Ocean Robotics among world's top 50 most influential robotics company
  1. More ​Blue Ocean Robotics has been recognised as one of the top 50 most influential robotics companies in the world (RBR50) for its UVD Robots in Robotics Business Review
16 June 2020 - ASEAN should be a unified entity to gain more from China's economy -- CARI
  1. More ​Supply chain diversification has put ASEAN in a sweet spot, but the real test is if the bloc is unified, opines the CIMB ASEAN Research Institute (CARI)
16 June 2020 - The gloves kingdom has been minting new billionaires
  1. More ​It’s been a good year for glove companies and their founders
14 June 2020 - We tested 5G networks across Asian cities. The verdict: Patchy
  1. More ​Fifth-generation networking hype has been in full force since Qualcomm Inc. declared “5G is here, and it’s time to celebrate” in February of last year. The reality, however, has required patience from consumers due to the time needed to roll out the new networks and the dearth of applications to put additional speed to compelling use
13 June 2020 - China, ASEAN to boost digital economy cooperation in 2020
  1. More ​China and the Association of Southeast Asian Nations (ASEAN) will carry out cooperation in digital economy this year, according to the opening ceremony for the China-ASEAN digital economy cooperation year held on Friday
11 June 2020 - Renewables booming but not enough to meet climate targets, U.N. says
  1. More The world added 12 percent more clean power capacity in 2019 than the year before, but new renewable energy planned over the next decade falls far short of what is needed to forestall dangerous global warming, the U.N. warned
11 June 2020 - Despite pandemic, new U.S. solar capacity will grow 33% in 2020
  1. More ​New U.S. solar installations will increase by a third this year, a report published on Thursday showed, as soaring demand by utilities for carbon-free power more than outweighs a dramatic decline in rooftop system orders for homes and businesses due to the coronavirus pandemic
09 June 2020 - Thailand proposes to tax foreign internet companies
  1. More ​Thailand on Tuesday approved a draft bill requiring foreign digital service providers to pay a value-added tax (VAT), becoming the latest country in Southeast Asia to seek to boost tax revenues from international tech companies
09 June 2020 - Japan wants manufacturing back from China, but breaking up supply chains hard to do
  1. More ​When Japanese firm Iris Ohyama agreed in April to begin producing much-needed face masks in Japan, it marked a win for Prime Minister Shinzo Abe who wants to bring manufacturing back from China
08 June 2020 - A US-China cold war could be good for investors, after all
  1. More ​A stock analyst who gained attention for emphasizing the theme of inequality a decade-and-a-half ago is now promoting the idea that U.S.-China showdown for economic supremacy could prove a boon for investors
05 June 2020 - Global semicon manufacturing equipment billings up 13% y-o-y in 1Q2020, says SEMI
  1. More ​Global semiconductor manufacturing equipment billings rose 13% year-on-year in the first quarter of 2020 to US$15.57 billion, said the U.S.-based Semiconductor Equipment & Materials International (SEMI)
05 June 2020 - Digital economy a new growth engine
  1. More The digital economy now accounts for one-third of China's total economic aggregate. And its further development will help the country seize the opportunities created by the Fourth Industrial Revolution and gain comparative advantages in international competition
02 June 2020 - Plunging cost of wind and solar marks turning point in energy transition: IRENA
  1. More ​Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms increasingly cheaper to build than running existing coal plants, according to a report published
02 June 2020 - Asia called on to coordinate policies to avert global slump
  1. More ​Coordination among Asian nations is key to steering the global economy toward recovery from the coronavirus crisis, according to former senior government officials and academics in the region
02 June 2020 - Global semicon sales rose 6.1% y-o-y in April to US$34.4b, says SIA
  1. More ​Worldwide sales of semiconductors rose 6.1% year-on-year in April to US$34.4 billion from US$32.4 billion a year earlier, said the U.S.-based Semiconductor Industry Association (SIA)
31 May 2020 - Hyundai Motor, Hanwha Q Cells join hands for ESS development
  1. More ​Hyundai Motor Group, South Korea's leading carmaker, said Sunday that it has joined hands with local solar cells and modules manufacturer Hanwha Q Cells to develop energy storage system (ESS) with used electric vehicle (EV) batteries, Yonhap News Agency reported
28 May 2020 - South Korea to promote open trade to overcome pandemic
  1. More ​South Korea's trade minister said yesterday the country will continue to promote open trade amid growing protectionism in the aftermath of the new Covid-19 pandemic, calling for major trade partners to join efforts to normalise the virus-hit global supply chain, the Yonhap news agency reported
21 May 2020 - Samsung Electronics builds sixth domestic contract chip-making line
  1. More ​Samsung Electronics Co Ltd has begun work on a sixth domestic contract chip production line, the company said on Thursday, to make logic chips for mobile phones and computers as it looks to cut reliance on the volatile memory chip sector
20 May 2020 - COVID-19 period offers opportunity to enhance global supply chain - Sta Maria
  1. More ​This period of uncertainty brought on by the COVID-19 pandemic should be viewed as an opportunity to strengthen the global supply chain systems which the world has relied on so much, said Asia-Pacific Economic Cooperation (APEC) Secretariat executive director Tan Sri Dr Rebecca Sta Maria
19 May 2020 - U.S. overtakes China as most attractive country for renewables investment: research
  1. More ​The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed
15 May 2020 - Global industrial and supply chains set to change
  1. More The novel coronavirus pandemic has not only undermined economic globalization but also dragged the global economy into the worst recession since the Great Depression. In addition, it has also intensified structural reshuffling between countries and accelerated the trend toward localization and decentralization of the global supply and industrial chains. Which would lead to restructuring of the global industrial and supply chains, including those of China and the United States, in the post-epidemic era
12 May 2020 - EU still pursuing FTAs with Asean
  1. More The EU is also looking to continuously share its input in areas such as data protection, tourism and the environment
12 May 2020 - COVID-19 poses short-term challenge to e-commerce but long-term benefit
  1. More ​The COVID-19 pandemic and lockdown are posing short-term challenges to the e-commerce sector in China, however, the sector will likely benefit in the long-term
09 May 2020 - APEC trade ministers commit to mitigating Covid-19 economic impact
  1. More ​The Asia-Pacific Economic Cooperation (APEC) ministers responsible for trade (MRTs) have issued a statement calling for APEC economies to hasten the fight against Covid-19 while undertaking the necessary steps to remedy the health and economic impact of the pandemic
07 May 2020 - Adapting to digital world a matter of survival for small businesses
  1. More ​The need for a stronger concerted effort among APEC economies and a more focused strategy for structural reforms, especially in harnessing modern digital technology to address economic challenges, has become more critical than ever amid the adverse impact of the COVID-19 pandemic
06 May 2020 - Global fab equipment spending to rebound in 2H2020, set record in 2021, SEMI says
  1. More ​Worldwide fab equipment spending for power and compound devices is expected to rebound in the second half of 2020 to meet resurgent end-product demand and jump 59% to a segment record US$6.9 billion in 2021, according to U.S.-based Semiconductor Equipment & Materials International (SEMI)
05 May 2020 - Global semicon sales up 6.9% y-o-y in 1Q2020 to US$104.6b, SIA says
  1. More ​Global sales of semiconductors rose 6.9% year-on-year in the first quarter of 2020 to US$104.6 billion, said the U.S.-based Semiconductor Industry Association (SIA)
05 May 2020 - World’s economists agree economic stimulus ought to be green
  1. More ​The world appears to have reached the limit of its tolerance for economic disruption. Even as the novel virus continues to put lives at risk, governments around the world are beginning the process of reopening. More than $7 trillion has been committed to relief efforts just in the past three months, and many more trillions will need to be injected into the global economy in the coming months to help it recover
04 May 2020 - Samsung Electronics invests over RM18b in R&D in 1Q
  1. More ​Samsung Electronics Co Ltd, the world's largest memory chip maker, said today that it spent 5.36 trillion won (RM18.75 billion) on research and development (R&D) activities in the first quarter of the year (1Q20)
28 April 2020 - Thai capital plans to reopen some businesses as coronavirus cases slow
  1. More ​Authorities in Thailand's capital plan to lift coronavirus curbs over the next few days or weeks for some businesses, ranging from restaurants and hair salons to pet groomers, a city official said on Tuesday, as the pace of new infections slows
28 April 2020 - China's April factory activity seen expanding as lockdowns ease: Reuters poll
  1. More China’s factory activity likely rose for a second straight month in April as more businesses re-opened from strict lockdowns implemented to contain the coronavirus outbreak, which has now paralysed the global economy
28 April 2020 - South Korea to invest US$896m in self-driving car technologies by 2027
  1. More ​South Korea said today it will spend some 1.1 trillion won (US$896 million or RM3.92 billion) on developing technologies for "high automation" vehicles that can lead growth in the automobile market, Yonhap News Agency reported
27 April 2020 - VW re-starts Europe's largest car factory after coronavirus shutdown
  1. More ​Volkswagen the world's largest carmaker by sales, said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygiene measures to combat the coronavirus
27 April 2020 - Thailand sees GDP, investment boost if joins CPTPP trade pact
  1. More Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic, if it participates in an Asia-Pacific trade agreement, the commerce ministry said
24 April 2020 - Pharma fuels unexpected jump in Singapore manufacturing in March
  1. More Singapore's factory output in March rose at its fastest pace in more than nine years, surging past expectations, as pharmaceutical manufacturing more than doubled, data showed
23 April 2020 - 2019 a solid year for hotel investment in Asia-Pacific
  1. More ​Asia-Pacific hotel investment activity picked up in the second half of last year after a sluggish 1H, says CBRE in its report titled “Marketview: Asia Pacific Hotels 2H2019”. In 2019, transaction volumes were up by 10% year-on-year, recording US$15.8 billion
21 April 2020 - Daimler, Volvo in €1.2b deal to make hydrogen batteries, says statement
  1. More ​German automobile group Daimler said today it was partnering with Sweden’s Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels
21 April 2020 - ASEAN's stimulus measures must go beyond short term — Kearney Singapore partner
  1. More ​Stimulus measures announced by several ASEAN governments were timely, but the assistance provided to the small and medium enterprises (SMEs) is limited and targeted at providing support and relief in the short term, according to panellists at a web seminar
20 April 2020 - Alibaba to invest $28 billion over three years in cloud
  1. More ​Alibaba Group Holding Ltd. will invest 200 billion yuan ($28 billion) on cloud infrastructure such as datacenters over the next three years, a major effort to extend one of its fastest-growing business segments to more countries
20 April 2020 - IMF, World Bank urge countries to keep trade open amid COVID-19 pandemic
  1. More ​IMF Chief Economist Gita Gopinath said that this is not a time to restrict the trade of medical supplies and essential equipment around the world
20 April 2020 - Global semicon equipment sales fell 7% y-o-y in 2019 to US$59.8 billion, says SEMI
  1. More ​Global semiconductor equipment sales fell 7% year-on-year in 2019 to US$59.8 billion from the all-time high of $64.5 billion in 2018, said the U.S.-based Semiconductor Equipment and Materials International (SEMI)

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Last Updated : Wednesday 30th September 2020