Tag: Asia Economy
Analysts bullish on construction, engineering
The Indian government announced during the annual budget on Feb. 1 that the country will increase infrastructure spending by 33% to 10 trillion rupees [...]
How this millennial CEO steered Serum Institute of India during Covid
Adar Poonawalla became the CEO of the world's largest vaccine manufacturer, Serum Institute of India, when he was 30 years old.| Bloomberg | Getty Ima [...]
China’s reopening brings both risks and opportunities: ADB
China's reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC. Alt [...]
Who had it good — and who had it bad — in 2022
Police officers step into the vandalized gateway to Sri Lanka's presidential palace in July. The country has been hit hard by an economic crisis.Abhis [...]
Morgan Stanley upgrades its 2023 growth outlook for China
Employees working on the production line of carbon fiber badminton rackets at a factory in Sihong County, in China's Jiangsu province. China reported [...]
Inflation peaked but will remain above pre-Covid levels: Mastercard
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and Af [...]
SM Entertainment founder Lee Soo-man on K-pop future, running business
It's been more than 3 decades since Soo-man Lee founded SM Entertainment, one of South Korea's music agencies known for bringing K-pop to the world.Th [...]
SM Entertainment to set up Southeast Asia HQ in Singapore
SM Entertainment's SMTown entertainment complex in Seoul, South Korea, in 2015. SM Entertainment declined to say how much the company is investing int [...]
China’s zero-Covid has shaken confidence in supply chains
While Chinese authorities could gradually unwind restrictions in March, zero-Covid policies are starting to hurt global confidence in the country's in [...]
Domestic and international tourist crowds traveling in Japan
I thought I managed to beat the tourist crowds on my recent trip to Japan.On my first night in Osaka, I managed to get a picture with the famed Glico [...]
Toyota unveils new Prius hybrids amid skepticism of its EV strategy
2023 Toyota Prius Prime plug-in hybrid electric vehicleToyotaToyota Motor is not giving up on its flagship Prius hybrid anytime soon, despite investin [...]
Covid outbreak worsens in southern Chinese city of Guangzhou
Guangzhou city in the southern province of Guangdong is the hardest hit in the latest Covid outbreak. Pictured here are closed stores in part of the c [...]
K-pop ETF creator says Korean content is at an ‘inflection point’
K-pop girl group BlackPink performed at The Late Late Show with James Corden airing Thursday, April 18, 2019. (Photo by Terence Patrick/CBS via Getty [...]
Hong Kong Rugby Sevens back, but Covid rules remain
The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit.While the city's pandemic regulations remain strict, Chri [...]
Capital A to benefit from tightened economy: CEO Tony Fernandes
Tony Fernandes, chief executive officer of Capital A.Chris Ratcliffe | Bloomberg | Getty ImagesDespite soaring oil prices and weakening currencies, th [...]