Hokkaido to become Japan’s new silicon island

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In: Asia, Business, Technology

Rapidus, Japan’s advanced logic foundry venture company, has chosen Chitose as the site for a new 5 trillion yen (US$37 billion) semiconductor production facility, a move that will pull the island nation’s northernmost region more firmly into its technology supply chain. Chitose, located 40 kilometers and 30 minutes by express train southeast of Sapporo on […]Continue Reading

Study finds eating out cheapest in Toa Payoh, most expensive in Bishan; many food stalls didn’t raise prices following GST hike

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In: South-East Asia

SINGAPORE: Despite the rising costs of operating a food stall in hawker centres, food courts and kopitiams, many stall owners did not increase prices between late last year and early this year, a study has found. Of those who did, the majority increased prices only by a small margin – not exceedingContinue Reading

US business investment a needed inducement in IPEF 

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In: Asia

Trade negotiators from 14 countries convene in Bali this week to talk about a Framework for Prosperity in the Indo-Pacific. How much the Indo-Pacific Economic Framework (IPEF) secures the interest of businesses and attracts foreign direct investment (FDI) will be a key question on the minds of non-US negotiators. FDI becomes a “carrot” in signing […]Continue Reading