Indonesian Minister of Investment Bahlil Lahadalia suggested that Indonesia is looking into forming an OPEC-style cartel for nickel and other inputs used in battery production. Nickel is becoming a hot commodity as it is a key input in the manufacture of lithium-ion batteries needed for electric vehicles (EVs) — and Indonesia has the world’s largest nickel ore […]Continue Reading
Detroit? Nope. Germany? Nein. Elon Musk sees the toughest competition for Tesla in China, home of the company he expects “most likely to be second” in electric vehicles. China is Tesla’s second-largest market – accounting for about two-thirds of all electric vehicles sales globally in 2022 – and the homeContinue Reading
The Commerce Ministry’s Intellectual Property Department has announced the registration of Nam Dok Mai Si Thong mangoes from Phitsanulok as a new geographical indication (GI) product.Continue Reading
The Ukrainian president, Volodymyr Zelensky, has announced a sweeping clear-out of senior national and regional government officials and the appointment of a new supervisory board for the state-owned natural gas giant, Naftogaz. This is a move to reassure both the Ukrainian public and the country’s Western allies that the fight against corruption remains a priority, […]Continue Reading
TOKYO – In a year littered with economic and geopolitical landmines, China has at least one reason for optimism: Kevin McCarthy. Observers are plenty busy detailing why the US House of Representatives swinging to Republican control adds to Xi Jinping’s long list of headaches. Among the biggest: the risk has never been higher that Washington […]Continue Reading
Aims to further develop its cybersecurity insurtech platformÂ
Funds will go towards expanding services, deepen presence in Asia  Singapore-based cybersecurity firm Blackpanda has raised US$15 million (RM64.6 mil) in its Series A funding round co-led by Primavera Venture Partners and Gaw Capital Partners. San Francisco based WI Harper, also participated in this…Continue Reading
For 2022 as a whole, core inflation averaged 4.1 per cent, higher than the 0.9 per cent recorded in 2021.Continue Reading
Huawei Technologies, a Shenzhen-based telecommunication equipment maker, has successfully achieved zero carbon emissions in a Tianjin port with the use of its 5G technology and the BeiDou navigation satellite system. The company said it had turned the Section C Terminal in the Beijiang Port Area of the Port of Tianjin into the world’s first zero-carbon […]Continue Reading
Electric vehicles are finally going mainstream. After decades of waiting for the EV revolution, more and more people worldwide are finally driving them. Driven by strong growth in China and Europe, EV sales crossed a critical milestone in 2022 with 10% of the global vehicle market share. As more governments, large and small, look to promote electric-vehicle […]Continue Reading
Food waste makes up 30 per cent of Hong Kong’s total municipal solid waste and cannot break down well in landfills.Continue Reading