Globe Business has forged a groundbreaking alliance with global cybersecurity powerhouse, Cyble, to launch an innovative AI-focused threat intelligence platform in the Philippines. This collaboration is designed to fortify enterprise cybersecurity and arm…
Indonesia’s Telkom has confirmed that it will undertake a phased transfer of its fiber assets. The transaction, viewed as a significant and affiliated party transaction under Indonesian regulations, is expected to have a minimal impact on Telkom’s financial…
Standard Chartered, a London-based financial institution, has recently entered into strategic agreements intended to increase its reach within Singapore’s business networks and boost the growth of its global India operations. These partnerships are with the…
Kao Corporation, a Tokyo-based company specializing in chemicals and cosmetics, has recently revealed plans to revamp its cosmetics business. The strategy will focus on the growth and expansion of its six core brands. The New Strategy Kao’s primary goal is to…
In the rapidly evolving commercial landscape of the Asia-Pacific (APAC) region, businesses are making significant investments in agentic AI in a bid to maintain their competitive edge. According to IDC, a striking 70 percent of APAC companies anticipate that…
U Mobile, Malaysia’s cutting-edge 5G network provider, has unveiled the ULTRA5G experience in partnership with EDOTCO, the country’s leading digital infrastructure partner. This launch took place at the prestigious Mandarin Oriental, Kuala Lumpur (MO) and…
Alibaba, the Chinese multinational, has highlighted the significance of artificial intelligence (AI) in its plans to broaden its cloud computing business. This comes as the company experienced robust quarterly development in the sector, although its broader…
Ho Chi Minh City is laying the groundwork for ambitious double-digit growth during the period of 2026 to 2030, setting an energetic tone for the business landscape. As the city charts its course for the remainder of 2025, each department has received specific…
Fonterra, a leading dairy company, has announced it is selling its global Consumer and associated businesses to French dairy enterprise, Lactalis. The transaction is valued at NZ$3.845 billion ($3.48 billion). Details of the Sale The sale incorporates…
Starbucks has requested a select group of potential bidders to prepare non-binding bids for a share in its China operations within the next fortnight, according to two sources familiar with the situation. The American coffeehouse corporation has extended…
Starbucks has recently disclosed a drop in its global comparable store sales for its fiscal third quarter, which underscores the persisting challenges in its primary US market. This comes even as its China operations begin to show some promising signs of…
Thailand could face a staggering loss of up to 200 billion baht (approximately US$6.14 billion) in export revenue this year if the United States moves forward with proposed tariffs ranging from 25% to 36% on Thai goods, warns a forecast from the University of…
Vietnam’s export landscape has painted a promising picture, showcasing a remarkable 14.4% rise in export earnings, while imports surged by 17.9%, culminating in a notable trade surplus of $7.63 billion, according to the National Statistics Office (NSO) under…
Indonesia’s fixed communication services market is poised for steady growth over the next five years, with projections indicating a rise to USD 3.7 billion by 2029, up from USD 3 billion in 2024, according to recent analysis by GlobalData. This anticipated…
The Seoul Bankruptcy Court has given the green light to the sale of South Korean grocery retailer, Homeplus. The decision was driven by a need to generate capital for debt repayment and to safeguard jobs within the company. Earlier this year, MBK Partners,…
Samsung Electronics announced sharply lower earnings for the fourth quarter, an earnings “shock” that suggested that the “supercycle” in the global semiconductor market is nearing an end. Preliminary 2018 performance numbers released Tuesday predicted the…