Leadership
Volkswagen to face investors sceptical of China turnaround plan
VOLKSWAGEN (VW) faces an uphill battle to convince investors it can turn around its business in China.After being leapfrogged by China’s BYD as the nation’s top carmaker, Volkswagen said...
Malaysia plans South-east Asia’s largest integrated circuit design park
MALAYSIA plans to build South-east Asia’s largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and...
Malaysia to build region’s largest chip design park in bid for top startup-hub status
[KUALA LUMPUR] With a 13 per cent market share in the global chip industry, Malaysia is set to up the ante by constructing the region’s largest integrated circuit (IC)...
Thailand says China’s Chery Automobile to set up manufacturing plant
CHINA’S Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, Thailand’s...
Raimondo says Huawei’s chip breakthrough is years behind US tech
UNITED States Commerce Secretary Gina Raimondo said Huawei Technologies’s latest phone shows that China remains behind on cutting-edge chip technology.In an interview with CBS News’ 60 Minutes, Raimondo downplayed...
BNP Paribas hires 30 to build up new China securities unit
BNP Paribas has hired close to 30 people to launch its securities operation in China, re-entering the market after exiting a local joint venture 17 years ago, sources familiar...
Parental fury after stem cell bank ruins thousands of samples in Singapore
THOUSANDS of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through...
Hong Kong bankers face more job cuts on China slowdown, high pay
HONG Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.An estimated...
