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…
Universal Music Group Warns To Remove Songs From TikTok Once Deal Ends
Universal Music Group (UMG), one of the world’s leading music companies, has issued a warning that it may remove its extensive song catalog from TikTok once their existing deal concludes.…
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…
US consumer confidence reaches its peak since late 2021
As of January 30, 2023, the United States has witnessed a notable rise in consumer confidence, reaching its zenith since the close of 2021. This uptick is attributed to Americans’…
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…
Fed anticipated to maintain stable interest rates while beginning to evaluate potential reductions
As we approach the conclusion of the Federal Reserve‘s two-day policy meeting this Wednesday, the financial world watches closely. With interest rates at a 22-year peak of 5.25% to 5.5%…
Elon Musk’s Tesla Pay Package Overturned by Delaware Court
The Delaware Chancery Court has made a landmark decision that overturns Elon Musk’s Tesla pay package, valued at $56 billion. This ruling by Chancellor Kathaleen McCormick represents a significant legal…
Peugeot Embraces ChatGPT for Seamless Driving Experience
Stellantis’ Peugeot brand is embarking on an innovative journey by integrating the advanced AI chatbot ChatGPT into its range of vehicles, marking a significant step in the automotive industry’s embrace…
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…
Salesforce and Sprout Social Extend Partnership to Strengthen Social Media Strategy in B2B Marketing
Salesforce is taking a proactive step in strengthening B2B marketing strategies through an extended partnership with Sprout Social. Traditionally seen as a consumer-centric platform, social media has evolved to become…
HSBC Incurs £57 Million Fine in the UK for Incorrectly Classifying Deposits
HSBC Holdings Plc has been subjected to a significant fine of £57.4 million (equivalent to $73 million) by UK regulatory authorities due to deficiencies related to how it classified deposits…
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…
UK Retail Price Inflation Plummets to Its Lowest in Nearly Two Years
January witnessed a notable slowdown in the pace of growth in the UK, as retailers offered substantial discounts in an effort to stimulate sales during a sluggish period. This development…
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…
Google and Yahoo’s Joint Initiative to Combat Spam
Google and Yahoo are set to implement stringent measures against bulk email spam, aiming to enhance email security and user experience. These changes are in response to evolving email-based threats…