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Search Result for “$3 million”

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BUSINESS

We may have already passed 'peak petrol'

Asia focus, Suwatchai Songwanich, Published on 05/04/2021

» Last year saw an 11% drop in global petrol consumption, marking the beginning of a historical shift after more than a century of continuous growth in demand. The International Energy Agency (IEA) is now predicting that we will probably never see pre-Covid levels of petrol use again.

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BUSINESS

Banking on the unbanked

Asia focus, Suwatchai Songwanich, Published on 22/02/2021

» Southeast Asia's fintech scene is going from strength to strength, with the regional industry valued at up to US$100 billion at the end of last year. Yet it has so far only produced a handful of unicorns -- startups valued at more than $1 billion.

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BUSINESS

Genetics the next frontier of healthcare

Asia focus, Suwatchai Songwanich, Published on 08/02/2021

» China is banking on genetics as the next frontier of modern healthcare. From genetic testing and sequencing to gene therapy and precision medicine, this range of transformative technologies and services can underpin medical treatments and inform lifestyle choices.

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BUSINESS

Big ideas will define a post-Covid world

Asia focus, Suwatchai Songwanich, Published on 04/01/2021

» The rollout of Covid-19 vaccinations in a number of countries provides light at the end of the coronavirus tunnel, even if it doesn't spell the end of the crisis. When we finally make the transition from the current state to the next normal, we may not be sure what the world will look like, but we do know there are a few big ideas in play that could shape the near future.

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BUSINESS

China conquers the gaming universe

Asia focus, Suwatchai Songwanich, Published on 07/12/2020

» Tencent's flagship video game Honour of Kings has become the first online game ever to average more than 100 million daily active users. It was also the world's most lucrative mobile game in September with approximately US$240 million in sales.

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BUSINESS

China's e-commerce evolution

Asia focus, Suwatchai Songwanich, Published on 28/09/2020

» China's government is preparing to accelerate the growth of its already rapidly expanding e-commerce sector by establishing 15 new national e-commerce demonstration bases. These are industry clusters for e-commerce companies and the incubation platforms needed to foster the sector's development.

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BUSINESS

China's electric vehicle showdown

Asia focus, Suwatchai Songwanich, Published on 27/07/2020

» Nissan recently unveiled the Ariya, a new all-electric sport utility vehicle (SUV), the first of a new generation of electric vehicles intended to improve the performance of the struggling Japanese carmaker.

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BUSINESS

China 'faces up' to payment tech

Asia focus, Suwatchai Songwanich, Published on 10/02/2020

» About half of China's population is expected to adopt payment by facial recognition, the next technological stage in a country where mobile payments are already the most advanced and ubiquitous in the world, within this year. About 118 million Chinese signed up for facial recognition payment last year, compared with 61 million in 2018.

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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.

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BUSINESS

'Netflix of China' makes its mark

Asia focus, Suwatchai Songwanich, Published on 23/09/2019

» Entertainment is big business in China. iQiyi, China's largest video streaming service, is breaking new ground in this area. The company has been dubbed "the Netflix of China" for adapting the model of the popular US-based streaming service to suit the Chinese market.