Once home to tens of thousands of electronics companies, Huaqiangbei saw annual turnover top 120 billion yuan (US$17.4 billion) at its peak, between 2009 and 2011, the Shenzhen Economic Daily reported. In May 2010, monthly rental for a ground-floor shop in Huaqiangbei could cost more than 3,000 yuan per sqContinue Reading
Endeavor to provide mentorship, intro to global network of investors
To increase number of home-grown tech firms to unicorn status by 2025 Endeavor Malaysia supports Malaysia Digital Economy Corporation (MDEC) as they prime for the launch the Founders Centre of Excellence (FOX) programme, a new initiative guided by the goals set in…Continue Reading
A Chinese cybersecurity watchdog has launched an investigation into the products of Micron Technology, an American memory chip maker – timing the announcement of the probe to come right after Japan joined hands with the United States and the Netherlands to tighten export bans on chip-making tools to China. On Friday, the Japanese government unveiled […]Continue Reading
Four out of the top 10 most downloaded free mobile apps in the US and UK are Chinese-owned.Continue Reading
More than 100,000 workers sent overseas by the Ministry of Labour last year and early this year sent back 299 billion baht in foreign currency to the local economy, according to the Department of Employment.Continue Reading
Fund aims for companies that embrace sustainability values in business
Target fund is a qualified Sustainable and Responsible Investment fund Principal Malaysia has introduced the Principal Islamic Global Responsible Equity Fund, a Shariah-compliant investment fund that provides investors with an opportunity to invest across a diversified portfolio of equities while considering sustainability…Continue Reading
Singapore’s well-established advantages, ranging from political and economic stability to developed infrastructure, will continue to give it an edge, but the country needs to be “nimble” to ward off rising competition for investments, experts say.
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The conclusion of talks for an upgraded free trade agreement was announced a day after China and Singapore said they were upgrading bilateral ties. Continue Reading
According to World Bank data, only a handful of economies have risen from middle- to high-income status since 1960, when economic catch-up growth in many developing economies took off. Examples include South Korea, Singapore, Israel and Ireland. Some countries that were high income in 1960 remain so today, such as Denmark and Japan. Others, like Myanmar […]Continue Reading
However, the World Bank warned that regional economies must now navigate a changing global landscape, including rising trade tensions, rapidly ageing populations and climate risks.Continue Reading