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Showing 1-10 of 24 results

  • BUSINESS

    The race to space heats up

    Asia focus, Suwatchai Songwanich, Published on 13/01/2020

    » As the last decade ended, China successfully launched Long March 5, its largest carrier rocket and a key milestone for its planned mission to Mars later this year. This followed the achievement of being the first country to land a spacecraft on the far side of the moon, cementing China's place as a serious contender in 21st century space exploration -- a race that is certainly heating up.

  • BUSINESS

    Food delivery needs to get greener

    Asia focus, Suwatchai Songwanich, Published on 06/01/2020

    » China is home to the world's largest online food delivery market, estimated to be worth US$37 billion in 2019, with rapid growth at 35% year-on-year in the third quarter alone. An online poll by National Business Daily found almost 23% of respondents ordered takeaway food every day, with nearly 52% saying they ordered it one to five times a week.

  • BUSINESS

    A lift in the trade war gloom

    Asia focus, Suwatchai Songwanich, Published on 23/12/2019

    » The news of a trade deal between China and the United States last week cheered markets and lifted the economic gloom -- even though it is only tentative and limited.

  • BUSINESS

    China's cryptocurrency crackdown

    Asia focus, Suwatchai Songwanich, Published on 16/12/2019

    » Weibo, China's largest microblogging service, has banned the cryptocurrency exchange giants Binance and Tron from its platform amid what appears to be a fresh crackdown on digital currency trading in China. At the same time, watchdogs in Shanghai issued notices calling for a cleanup of companies involved in cryptocurrency trading, while Beijing's regulator warned against illegal exchange operations.

  • BUSINESS

    The new face of shopping: Live streaming

    Asia focus, Suwatchai Songwanich, Published on 09/12/2019

    » Live streaming is taking China by storm, becoming one of the key e-commerce platforms during the Singles Day sales that broke records once again last month.

  • BUSINESS

    Future still bright for China's book industry

    Asia focus, Suwatchai Songwanich, Published on 02/12/2019

    » Reading remains a favourite pastime for people of all ages around the world, including in China. The country's book industry has recorded strong growth over the past few years, with sales value rising by almost 11% in the first half of this year, according to a report by Open Book, a Beijing-based research firm.

  • BUSINESS

    Linking the EEC and the Greater Bay Area

    Asia focus, Suwatchai Songwanich, Published on 25/11/2019

    » Despite the ongoing protests in Hong Kong, the vision to develop the Greater Bay Area (GBA) in China continues to gain momentum. The plan, which was unveiled in February this year, is to build a cluster of world-class cities for work, life and leisure. At the centre would be Hong Kong, which together with 10 cities around the Pearl River Delta would form a thriving global hub of technology, innovation and economic vibrancy.

  • BUSINESS

    China's medical apps eye Asean

    Asia focus, Suwatchai Songwanich, Published on 18/11/2019

    » China's largest online healthcare platform, Ping An Good Doctor, is setting its sights on Southeast Asian expansion to tap growing regional demand for healthcare services and cater to the increasing number of middle-class mainland Chinese who are travelling to the region for medical treatment.

  • BUSINESS

    Moving away from meat

    Asia focus, Suwatchai Songwanich, Published on 11/11/2019

    » A recent report identified food security as the main driver for the adoption of alternative and plant-based meat products in China, where the population of 1.4 billion consumes 86 million tonnes of meat annually -- more than double the amount eaten in the United States.

  • BUSINESS

    What's next for China's EV market?

    Asia focus, Suwatchai Songwanich, Published on 04/11/2019

    » China has driven the global electric vehicle revolution over the past few years, with its electric car market growing twice as fast as that in the United States to become the world's largest. China also has eight times more public charging stations than the US, with almost as many locations to charge electric vehicles in Beijing as in all of America.

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