Country: Singapore
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Asian Ride-Hailing Grab and Chinese EV BYD to Deploy 50,000 EVs Across SE Asia
In a move that could reshape Southeast Asia’s electric vehicle (EV) landscape, ride-hailing giant Grab has teamed up with China’s BYD to deploy up to 50,000 EVs across six countries. The partnership, announced on Wednesday, targets the financial and logistical ...
Thailand’s Record Investment Boom: How China and Tech are Shaping the Future
Thailand reached a significant milestone in 2024, attracting $33 billion in investment applications, the highest in a decade. China played a key role in this growth, supporting 810 projects worth $5 billion and strengthening its presence in Southeast Asia’s evolving economy.
‘Once-in-a-Lifetime’: Fans Revel China-India Chess Showdown
By Martin Abbugao In a large room separated from spectators by a one-way glass panel, two chess combatants Wednesday faced each other in a silent battle of cunning, calculation and patience. World chess champion Ding ...
Singapore State Investor Temasek Focuses on U.S. After China ‘Underperformance’
Singapore state investor Temasek, one of the world's top funds, said on Tuesday it would prioritize investments in the United States after the "underperformance" of Chinese capital markets over the past year. Temasek said its net portfolio value rose 1.8% in ...
U.S., Chinese Defense Chiefs Meet in Singapore
By Jing Xuan Teng and Martin Abbugao The U.S. and Chinese defense chiefs held rare direct talks in Singapore on Friday, offering hopes for more military dialogue that could help prevent disputes over Taiwan and other flashpoint issues from spinning out ...
Singapore FM Warns of ‘Bleak’ Future if Conflict Erupts in South China Sea
Singaporean Foreign Minister Vivian Balakrishnan issued a sober warning in Manila Tuesday about the devastating consequences that a war in the South China Sea between the Philippines and China would have on Southeast Asia and across Asia. “The moment you have ...
Survey: China Passes the U.S. for the First Time as the Preferred Partner of Choice in Southeast Asia
For the first time, more people in Southeast Asia prefer that their countries align with China over the U.S., according to findings of an influential new survey published by ISEAS-Yusof Ishak Institute in Singapore. China's favorability rating in the region jumped more ...
The First Made-in-China Jetliner Arrives in Vietnam
China's first domestically-made commercial airliner arrived in Vietnam on Tuesday, its second overseas stop after it made its public debut at the Singapore Air Show last weekend. The plane's manufacturer, COMAC, is eying Southeast Asia as a primary market for the ...
Southeast Asia: Best Place To Celebrate Chinese New Year Outside China
Chinese migration is one of the oldest and largest movements of people in the world. The latest tide lasted for over 300 years, which intensified in the sixteenth century and again in the nineteenth century due to the Opium Wars. As a result, there are about ...
China’s Huawei Sets up Commodities Hedging Team in Singapore, Hong Kong
Huawei Technologies (HWT.UL) is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company's job posts on professional social network LinkedIn. The company was looking for a commodity trader and a commodity market ...
Why Boosting Africa-Southeast Asian Trade & Investment Makes So Much Sense
There's been a surge of activity in Africa-ASEAN relations in recent weeks highlighted by Indonesian President Joko Widodo's recent African tour and the Singapore-Africa Business Forum that took place earlier this month in the Lion City. Closer trade and investment ties ...
Q&A: China’s Transsion’s Little-Known Phone Repair Business Thrives in Global South, Offers Clues To Sustainable Hardware Services
Carlcare, a post-sales repair service provider, is a little-known unit of Transsion Holdings, a Chinese maker of mobile phones beloved across Africa, India, and Southeast Asia. Like its parent company, Carlcare’s business is thriving in developing countries thanks to its adept localizing; in this case, tapping into ...