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Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

ASEAN QR Code System Goes Live: Indonesia and Malaysia Lead the Way in QR Payments

By Katherine S
June 6, 2023
in :  Business, Economy, Indonesia, Malaysia
asean qr code system goes live indonesia and malaysia lead the way in qr payments

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 …

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SM Entertainment Releases Statement on Contract Termination of Chen, Baekhyun, and Xiumin

By Jasmine C.
June 2, 2023
in :  Business, Entertainment, Philippines, South Korea
sm entertainment releases statement on contract termination of chen, baekhyun, and xiumin

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 …

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Where to Next? Eat Bulaga Leaves Tape Inc.

By Jasmine C.
June 1, 2023
in :  Business, Entertainment, Philippines
where to next eat bulaga leaves tape inc.

In a significant development in the Philippine entertainment industry, the iconic television show Eat Bulaga has bid farewell to Tape Inc., the production company it has been associated with for many years. This departure marks the beginning of a new chapter for the beloved show, leaving viewers intrigued and curious about what lies ahead. Eat Bulaga has been a staple …

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Singapore Airlines CEO Reflects on Lessons Learned from Food Paper Boxes Incident

By Burapha
May 31, 2023
in :  Business, Singapore
singapore airlines ceo reflects on lessons learned from food paper boxes incident

Singapore Airlines (SIA) CEO Goh Choon Phong recently addressed the food paper boxes incident and shared valuable insights and lessons learned from the incident. Emphasizing the airline’s commitment to delivering a high-quality passenger experience, Phong outlined the steps taken to address the issue and improve service standards. The incident involving food being served in paper boxes instead of the usual …

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Binance Secures First Southeast Asian License from Thailand

By Noto
May 27, 2023
in :  Business, Thailand
binance secures first southeast asian license from thailand

Binance, one of the world’s largest cryptocurrency exchanges, has achieved a significant milestone by obtaining its first regulatory license in Southeast Asia from Thailand. This development marks an important step forward for Binance’s expansion plans and signifies the growing acceptance and recognition of cryptocurrencies in the region. Let’s delve into the details and understand the implications of this groundbreaking announcement. …

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ABS-CBN Shuts Down Teleradyo, Enters Partnership with Romualdez Firm

By Jasmine C.
May 24, 2023
in :  Business, Entertainment, Philippines
abs cbn shuts down teleradyo, enters partnership with romualdez firm

ABS-CBN, one of the largest media networks in the Philippines, has recently announced significant changes to its operations. As part of its strategic restructuring, ABS-CBN has made the decision to shut down its popular Teleradyo channel while simultaneously entering into a deal with Prime Media Holdings Incorporated, a firm owned by the Romualdez family. The closure of Teleradyo, a 24-hour …

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Malaysian Regulator Cracks Down on Huobi’s Alleged Illegal Activities

By Noto
May 23, 2023
in :  Business, Criminal, Malaysia
malaysian regulator cracks down on huobi's alleged illegal activities

In a recent development, the regulatory authority in Malaysia has reportedly issued an order to cryptocurrency exchange Huobi, directing it to halt its alleged illegal operations within the country. The move highlights the ongoing efforts by regulators to ensure compliance and protect investors in the rapidly evolving cryptocurrency market. The Malaysian regulatory body, whose name has not been disclosed, has …

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Tea Retailer Tea Chai Te Embraces a New Identity as Portal Tea

By Katherine S
May 20, 2023
in :  Business, Thailand
tea retailer tea chai te embraces a new identity as portal tea

Tea Chai Te, a well-known tea retailer based in Portland, has made an exciting announcement regarding its brand evolution. The company will be rebranding itself as Portal Tea, signaling a fresh chapter in its journey to deliver exceptional teas and elevate the tea-drinking experience. The decision to rebrand comes as the company seeks to expand its reach and resonate with …

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Singapore Airlines Surprises Employees with Unprecedented Eight-Month Salary Bonus

By Noto
May 18, 2023
in :  Business, Singapore
singapore airlines surprises employees with unprecedented eight month salary bonus

Singapore Airlines (SIA), one of the world’s leading airlines, has announced an unprecedented gesture of gratitude to its staff by granting them an extraordinary eight-month salary bonus. This move comes on the heels of the airline’s outstanding financial results, reflecting a strong recovery from the challenges posed by the global pandemic. The bonus payout serves as a testament to SIA’s …

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Cybersecurity Alert: GCash Teams Up with NPC and BSP to Combat Phishing Threats

By Jasmine C.
May 15, 2023
in :  Business, Philippines, Technology
cybersecurity alert gcash teams up with npc and bsp to combat phishing threats

Following a recent phishing effort, GCash, the popular mobile payment service in the Philippines, is partnering with the National Privacy Commission (NPC) and the Bangko Sentral ng Pilipinas (BSP). The incident has brought to light the importance of cybersecurity and the need for preventative steps to protect user data and financial transactions. With its vast user base, GCash has become …

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