Philippine Economy Achieves the Highest Growth Rate in Southeast Asia
The Philippines emerged as Southeast Asia’s fastest-growing economy in 2023, outpacing both Vietnam and Malaysia. Gross domestic product (GDP) expanded by 5.6%, exceeding the median growth rate of 5.5% predicted…
IMF Anticipates Global ‘Soft Landing’ on Horizon, Revises Upward 2024 Economic Growth Forecast
On Tuesday, the International Monetary Fund (IMF) slightly raised its global economic growth forecast, enhancing the projections for the United States and China, the globe’s primary economic powerhouses. This revision…
Canon aims to empower businesses through innovative Smart Technology and sustainable practices in 2024.
Canon Singapore Unveils New Strategies to Lead Consumer and Enterprise Markets In an insightful interview with the Asian Business Review, Andrew Koh, the head of operations for Canon Singapore, delved…
Digital Transformation Success in the Oil and Gas Sector: Revolutionising the Industry through Cutting-edge Technology
Embracing Digitalization: A Path to Efficiency and Sustainability in the Oil and Gas Sector In the rapidly evolving landscape of global business and industry, the ability to effectively harness technological…
Leaders should embody good digital thinking, integrate digital methods, and upskill their teams, says EY’s Jason Seng 2024.
In the contemporary business landscape, marked by its fast pace and ever-evolving challenges, the paradigm of leadership has undergone a significant transformation. Today, a more empathetic, adaptive, and people-centered approach…
Telecommunications powerhouse evolves into technology company, targeting digital supremacy in Indonesia
Following the strategic merger, Indosat Ooredoo Hutchison (IOH) has emerged as a formidable player in the telecommunications sector, boasting a customer base exceeding 100 million. This milestone marks a significant…
What Evergrande’s Collapse Might Mean for Global Business
The recent order by a Hong Kong court to liquidate Evergrande, the heavily indebted Chinese property giant, marks a significant turning point two years after the company’s default. This decision…
Microsoft and ASEAN Foundation Initiate Interesting AI TEACH Program to Mold Tech Future in the ASEAN Region
The advent of Artificial Intelligence (AI) in the Association of Southeast Asian Nations (ASEAN) region marks a transformative era. It’s anticipated to add a staggering USD 1 trillion to the…
AC Ventures Secures $210 Million for Newly Closed Fund Focused on Indonesia
AC Ventures’ Recent Achievement In the face of a prolonged period of limited funding, AC Ventures, a prominent venture firm based in Jakarta, Indonesia, has brought a wave of optimism…
Chinese Markets Indicate Increasing Need for More Action from Beijing
China’s stock and bond markets are sending a clear message to policymakers: further actions are necessary to restore investor confidence. Tuesday saw a continued decline in stocks, diminishing the gains…
Aniai Raises $12 Million to Introduce IntelligentBurger-Cooking Robots in Restaurants
Founded in 2020, Aniai, a pioneering startup in the field of culinary automation, has recently achieved a significant milestone in its journey towards revolutionizing the restaurant industry. Known for developing…
Asian Shares Decline Amid Worries About China’s Real Estate Market
Tuesday witnessed a decline in Asian shares, primarily influenced by the court-ordered liquidation of China’s property giant, Evergrande Group. This development, coupled with escalating geopolitical tensions, bolstered oil prices while…
Motorist Company Secures Series A Funding at a Valuation of $60 Million USD
Singapore-based startup Motorist, renowned for its innovative digital tools designed to simplify vehicle ownership, has recently announced a significant milestone in its journey towards revolutionizing the automotive sector. With a…
China’s Decade-Long Bond Yield Drops to 20-Year Low Amid Anticipated Monetary Easing
(Jan 30): China’s benchmark government bond yield dropped to its lowest in nearly 22 years, hitting 2.48%, a level not seen since 2002. This decline reflects growing expectations for additional…
Arkadiah Technology, a nature-focused tech startup, completes seed funding round with leadership from Golden Gate Ventures
Arkadiah Technology, a trailblazer in the nature tech sector, recently announced a substantial seed funding round, marking a significant milestone in its journey. The specifics of the investment, orchestrated by…
China Reduces Bank Reserve Requirements to Enhance Economic Stimulus Amid Slowing Growth
HONG KONG — In a significant move to stimulate its slowing economy, China’s central bank, the People’s Bank of China (PBOC), announced a reduction in the reserve requirement ratio (RRR)…
AC Ventures Secures $210 Million to Support Entrepreneurs in Indonesia and Southeast Asia
AC Ventures (ACV), a prominent venture capital firm based in Indonesia, recently achieved a significant milestone in its journey of fostering innovation and entrepreneurship. Last week, the firm announced the…
Malaysia launches grants for small businesses to combat unemployment and income inequality.
Ahmad Iskandar, a dynamic entrepreneur, embarked on a unique journey in the world of coffee by launching a modest grab-and-go coffee stall at the National University of Malaysia (UKM) earlier…
Tech giants Tencent and Alibaba acquire mainland properties amidst real estate slump 2024.
In recent years, China’s tech behemoths like Tencent Holdings and Alibaba Group Holding have pivoted towards significant investments in mainland real estate. This trend emerges amidst challenging economic conditions and…
Mediacorp Initiates ‘The Big Spark,’ a Platform Linking Aspiring Entrepreneurs in Southeast Asia with Investors
On Thursday, November 16, during the Singapore FinTech Festival, Mediacorp unveiled a groundbreaking initiative designed to transform the entrepreneurial landscape in Southeast Asia. This ambitious project, named “The Big Spark,”…