Real Estate
Boustead unit partners Evotion Labs to deploy Singapore’s first EV motorcycle battery swop stations
A UNIT of engineering and technology group Boustead Singapore has signed a memorandum of understanding (MOU) with local electric vehicle (EV) solutions provider Evotion Labs to deploy Singapore’s first...
Indonesia launches first EV battery plant
Indonesia launched its first electric vehicle battery plant on Wednesday (Jul 3), President Joko Widodo said, as South-east Asian countries move to gain a foothold in the emerging industry.The...
World Bank backs Thai central bank in keeping rate steady
The World Bank said Thailand should wait for a clearer picture of the economy before easing monetary conditions, effectively backing the central bank’s interest-rate policy against the government’s calls...
Amazon counts on ‘grit and innovation’ to meet AI surge
THE artificial intelligence (AI) revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT.To satisfy their generative AI urge,...
Asia: Markets track Wall Street records as Powell revives rate hopes
ASIAN stocks rose on Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against...
BYD plays winning hand in China EV market with hybrid models
A YAWNING gap has opened up among China’s electric-vehicle (EV) stocks with BYD beating all comers due to its latest technological rollout.The carmaker’s shares have defied heavy losses in...
Japan’s first new banknotes in 20 years use holograms to defeat counterfeits
JAPAN began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and female education institutions in an attempt to frustrate...
Stablecoin issuer Paxos names Jeannie Lim as executive director in Singapore
PAXOS Trust named Jeannie Lim, who was most recently head of messaging payments at Meta Platforms in Singapore, as the stablecoin issuer’s executive director at Paxos Singapore.
“Jeannie will be...