Showing 1 - 5 of 5
Malaysia backtracks on Huawei AI deal
Bloomberg News, Published on 20/05/2025
» Malaysia declared it would build a first-of-its-kind artificial intelligence (AI) system powered by Huawei Technologies chips, only to distance itself from that statement a day later, underscoring the country’s delicate position in the US-Chinese AI race.
3 Cambodians arrested for illegal awning work
News, Puriward Sinthopnumchai, Published on 20/05/2025
» Three Cambodians have been arrested in the border district of Aranyaprathet in Sa Kaeo province for illegally working as awning installation contractors without proper permits, immigration police said on Tuesday.
Honda to scale back on EVs, Nissan plans workforce reduction
Reuters, Published on 20/05/2025
» TOKYO — Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.
Firms wary of debt amid US tariff woes
Business, Somruedi Banchongduang, Published on 20/05/2025
» Companies have postponed the drawing down of new credit lines as they await clarity on US tariffs following the announcement of the 90-day suspension period, according to a Bank of Ayudhya (Krungsri) executive.
Asean countries are facing their own 'China shock'
News, Manishi Raychaudhuri, Published on 20/05/2025
» As the United States and Europe have sought to loosen their economic ties with China in recent years, Beijing has focused on expanding its export markets across the "Global South", particularly in Southeast Asia. But this could create significant economic risks as the region's manufacturers struggle to compete. Regardless of the contours of any eventual US-China trade deal, Beijing's exports to America seem destined to continue falling, as do those to the European Union. The bloc has been seeking to "de-risk" from Chinese imports and supply chains, particularly when it comes to electric vehicles, batteries and solar power equipment.