Business

In quite an unexpected twist, Toyota is stepping into the business of battery supply. The company will soon provide hybrid batteries to Honda in the U.S., a big shift in its strategy. Toyota’s North Carolina Battery Plant Open for Business The new battery plant of Toyota in North Carolina with investments worth $14 billion is gearing up for production. Come …

Through bold strokes of leadership change, Intel has appointed the veteran of the semiconductor industry, Lip-Bu Tan, as the new Chief Executive Officer. This decision comes as the American chip giant struggles to regain footing after a turbulent phase. Tan, previously a board member at Intel, is to assume the office on March 18. He has been one of the …

Since 2017 Samsung Electronics succeeded in winning the Advertiser of the Year award from Spikes Asia for 2025. The award honors Samsung’s leadership in developing the greatest marketing solutions within Asia-Pacific. Samsung Electronics Named 2025 Advertiser of the Year by Spikes Asiahttps://t.co/BcuznAMplV— Samsung Electronics (@Samsung) March 6, 2025 Company representative Stephanie Choi of Samsung Mobile Experience Business will receive the …

In the most recent announcement, AirlineRatings.com declared the Airasian as the top airline for 2025 as the World’s Best Low-Cost Airline. The recognition signifies AirAsia’s commitment to superior service delivery through a well-developed route network and strict safety measures including seven-star safety ratings. AirAsia began in 2001 with two planes but now over 800 million guests have been carried since …

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has released an analysis that highlighted Dubai’s strong appeal among Indian investors and entrepreneurs. During the first nine months of this year, Indian businesses continued to top the list of fresh non-Emirati companies joining Dubai Chamber of Commerce. This underscores the importance of the …

Many consider Asian Paints to be a must-have stock in the portfolio of any serious long-term investor who follows the buy and forget strategy, but the stock has been the worst performing Nifty stock over the last three years.Hit hard by an industry-wide downturn due to weak consumption, margin headwinds and increasing competition from deep-pocketed companies such as Birla Opus, …

As a consequence of its rapidly aging population, Japan is facing a demographic crisis, which has resulted in a labor shortage in a range of sectors. To meet the labor need, the government has begun to accept foreign workers. The question is, will they answer the call? As a result of the country’s aging population, Japan’s workforce has diminished, resulting …

aCommerce, a prominent eCommerce enabler based in Thailand, has announced a significant reduction in its workforce as it adapts to market challenges and undergoes strategic realignment. The company, which provides end-to-end eCommerce solutions to brands and retailers, cited the need to streamline operations and optimize resources in response to changing market dynamics. The eCommerce industry in Southeast Asia has experienced …

Indonesia and Malaysia have taken a significant step forward in enhancing their digital payment capabilities by initiating the implementation of QR code payments under the ASEAN system. This move aims to promote greater interoperability and seamless cross-border transactions within the region. The adoption of QR code payments is part of the broader efforts by the Association of Southeast Asian Nations …

In a groundbreaking move, SM Entertainment, one of South Korea’s leading entertainment agencies, has released an official statement regarding the contract termination of K-Pop idols Chen, Baekhyun, and Xiumin. This announcement signifies a turning point in the careers of these beloved artists and holds broader implications for the K-Pop industry. Chen, Baekhyun, and Xiumin have gained international fame as members …