Press Releases -> Business / Economy Syndicate content

Aug 18, 2017

Asia's technology boom - Financial Times

Aug 17, 2017

Japan’s longest growth streak in over a decade - Financial Times

Aug 10, 2017

Approved in 2014, Special Economic Zones are now considered pivotal to Thailand’s structural renaissance.

When it comes to developing Special Economic Zones (SEZs), Thailand was something of a late starter. Since approving its first five pilot locations in 2014, Thailand has made considerable efforts to...

Aug 07, 2017

(Shanghai, August 4, 2017) DB Schenker, one of the leading global logistics service providers, and Sichuan JiuYe Export Ltd., a China-based B2B food trading company, have signed a strategic partnership agreement at the A20 New Agriculture Fair in Hangzhou, China, on August 4, 2017. The agreement between the two...

Aug 05, 2017

APIA, SAMOA (28 July 2017) — The Government of Australia has provided AU$1 million ($750,000) in additional financing to the ongoing Samoa Agribusiness Support Project designed to boost the south Pacific nation’s economic performance by addressing challenges hindering increased trade and export.

The project...

Aug 05, 2017

The metropolitan administration of Vietnam’s capital Hanoi proposed to the government to build new metro lines at an investment of $40 billion up to 2050 to ease the notorious traffic congestion in the city.

About $15 billion have been earmarked for three metro lines for the period up to 2025 of which two...

Jul 28, 2017

In Southeast Asia, the deafening sound of road construction work reflects the fierce competition among China, Japan and South Korea for lucrative infrastructure projects. But in stores and shopping malls, the sound of Alipay transactions indicates China’s even-greater ambition to establish its home-grown mobile...

Jul 27, 2017

China has witnessed a bike-sharing boom in the past two years. Colorful shared bikes on the streets, linking users with the public transit networks, have contributed a lot to solving the "last mile" problem.

Given the massive growth in usage, Chinese bike-sharing operators represented by Mobike and ofo have...

Jul 20, 2017

Belt and Road investment priorities and boosting the northern states are fuelling expansion of the country’s Special Economic Zones.

The development of Malaysia's growing number of Special Economic Zones (SEZs) is being shaped by several investment requirements related to the Belt and Road Initiative, as...

Jul 19, 2017

Thailand, which has one of the highest mobile Internet usage rates in Southeast Asia, is set to to reach $37 billion in revenues within a decade, making it rich in digital opportunities, according to a new study released by Google and Singapore’s state investment fund Temasek entitled “e-conomy SEA: Unlocking the $...

Jul 19, 2017

Chinese e-commerce giant Alibaba will invest an additional $1 billion into online shopping portal Lazada which operates in six countries in Southeast Asian, namely Thailand, Indonesia, Malaysia, Singapore, Philippines and Vietnam. With the deal, Alibaba will increase its stake from 51 per cent to 83 per cent, the...

Jul 12, 2017

JULY 11, 2017, HONG KONG: More than 300 delegates from around the world attended the China Daily Asia Leadership Roundtable panel on “The Prospects of the East Asian Market In the New Global Economy” today at Hong Kong Summit.

China Daily is delighted to work with The Chinese General Chamber of Commerce...

Jul 01, 2017

When starting a business, or looking to transition into a new market, it’s important to plan for as many of the potential issues and pitfalls as you can. This can be difficult, however, as unfamiliar business landscapes come with a myriad of considerations that can be difficult to adapt to all at once.

Jun 25, 2017

While the Chinese mainland and Southeast Asia have embraced mobile payment, Taiwanese consumers remain unconvinced.

A recent survey by the Institute for Information Industry (III), a non-governmental organisation reporting to Taiwan's Ministry of Economic Affairs, found that mobile payments are still far...

Jun 23, 2017

Taiwan has been a major industrial powerhouse and technological innovator for a few decades. In recent years, Taiwan has embarked on a new mission that is to lead the world in the development of information technology. High-tech products provided by Taiwanese manufacturers cover across sectors and have attained the...

Jun 22, 2017

Indonesia is a country that has been implementing a lot of reforms with a view to improving the investment environment and promoting growth. The forecast for Indonesia's growth is extremely positive at the moment, with The World Bank anticipating GDP growth of 5.1% in 2017, and 5.3% the following year. There are a...

Jun 12, 2017

Vietnamese real estate, investment and business service conglomerate FLC Group, based in Hanoi, will launch a new domestic carrier called Bamboo Airways which could take off early next year. This would bring the total number of Vietnamese airlines in the country to five, together with flagship carrier Vietnam...

May 19, 2017

There has been some heated controversy going on amid the successful start of Amazon in India. The marketplace giant launched with better than expected numbers coming in, but Flipkart, Amazon’s major rival in India, has made an amazing turnaround and so the race is on. For the past several years the economy in India...

May 17, 2017

Q1 economic growth in China was forecast at 6.8%, but the actual figure came in at 6.9% on April 17, 2017. For the quarter ending in March, Chinese GDP grew at a year-on-year rate of 6.9%, up 0.1% from Q4, 2016. Those GDP growth...

May 11, 2017

In the third batch of Free Trade Zones (FTZ) announced by vice minister of Commerce, Wang Shouwen seven more will be added to bring the number to thirteen. This time the provinces included are mainly located in the inland region.

The provinces selected are Liaoning, Zhejiang, Henan, Hubei, Sichuan and...

May 10, 2017

Tourism Authority of Thailand (TAT) pleases both Thai and foreign tourists who are enchanted with the Thai tradition to prepare for backpacking all year round. Lately, more than 20 superb tourist activities are arranged throughout June and July in order to create a flow of Thailand festival experience by grouping...

May 06, 2017

Warning that despite a broadly positive economic outlook for 2017, Asia-Pacific economies are vulnerable to rising global uncertainty and trade protectionism, the United Nations social and economic development arm in the region has called for better governance and stronger fiscal management to sustain and improve...