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WORLD

Zelensky huddles with European leaders as Trump looms

AFP, Published on 18/12/2024

» BRUSSELS (BELGIUM) - Ukrainian President Volodymyr Zelensky meets NATO chief Mark Rutte and key European leaders in Brussels Wednesday to strategise over Russia's war ahead of Donald Trump's return to power in the United States.

BUSINESS

US Fed expected to cut interest rate again

AFP, Published on 18/12/2024

» WASHINGTON - The US Federal Reserve is expected to cut interest rates by a quarter point later on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's path and Donald Trump's economic proposals.

WORLD

Serbian capital to make all public transport free

AFP, Published on 18/12/2024

» BELGRADE - All public transport in Serbia’s capital Belgrade will be free from next month — the latest European city to adopt the radical measure to counter gridlocked roads.

WORLD

Russia detains suspect in killing of general

Bloomberg News, Published on 18/12/2024

» Russian authorities have detained an Uzbekistan national on suspicion of killing a top general in a Moscow bomb attack, saying he had been recruited by Ukrainian security services.

WORLD

Wary Israel ‘not fooled’ by new Syrian leaders

Bloomberg News, Published on 18/12/2024

» Israel’s deputy foreign minister says Syria’s new leaders are “wolves in clothes of sheep” who are trying to persuade the world they are not radical Islamists — but her government isn’t convinced.

BUSINESS

Honda-Nissan merger talks gain momentum

Bloomberg and Reuters, Published on 18/12/2024

» TOKYO - Nissan Motor Co is in talks with its Japanese rival Honda Motor Co to merge, in a deal that would help the ailing company survive, while also creating the world’s third-largest automaker with a better chance of withstanding the industry’s challenges.

THAILAND

Leading with Purpose: Kumar Mangalam Birla Wins ET Award

Published on 18/12/2024

» Mr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, has been honoured with the Economic Times (ET) Business Leader of the Year 2024 award at the prestigious ET Awards for Corporate Excellence. Notably, he is the only business leader to have received this accolade three times, solidifying his position as one of India’s foremost corporate leaders. The award underscores the consistent impact of the Aditya Birla Group, recognised as a global powerhouse with a $100 billion market capitalisation.

THAILAND

Kuehne+Nagel to Manage Schaeffler's Asia Pacific Logistics Hub

Published on 18/12/2024

» Schaeffler Vehicle Lifetime Solutions Asia Pacific has appointed Kuehne+Nagel to operate its new Central Logistics Center in Thailand, marking a significant milestone in logistics optimisation and customer service across the Asia Pacific region.

THAILAND

AIT Hosts Inaugural Business Incubation Conclave to Drive Innovation

Published on 18/12/2024

» The Asian Institute of Technology (AIT) hosted the inaugural Industry-Academia International Business Incubation Conclave (IAIBIC 2024) on November 28, 2024. Themed “Inspire ~ Ideate ~ Incubate,” the event aimed to bridge the gap between academia, industry, and policy-making, fostering innovation, collaboration, and business incubation. It served as a platform to inspire startups, entrepreneurs, and innovators to establish ventures at AIT’s Science and Technology Park with support from leading stakeholders. 

BUSINESS

Toyota ‘to expand hybrid output in Thailand’

Post Reporters, Published on 18/12/2024

» Toyota Motor Corp chairman Akio Toyoda has pledged to invest 55 billion baht in Thailand to expand production of hybrid cars, according to the government.