Companies across the globe are progressively employing the Chinese yuan in an array of contexts, as noted in a recent study by Standard Chartered. These contexts range from settling trade transactions to financing supply chains. A growing number of…
Yili Group, a leading dairy company based in New Zealand, is predicting a steady increase in revenue for the upcoming year, following impressive growth during the first half of the current year. The company’s subsidiaries, Westland Milk Products and Oceania…
According to a comprehensive 2025 survey conducted by HSBC, over a third of Asian companies are shifting their trade focus towards South Asia and Europe, while more than a quarter are scaling back their dealings with North America. The poll, encompassing over…
Sygnum Bank has emerged as a beacon of resilience in the Swiss financial landscape, successfully securing $58 million in an oversubscribed funding round, and achieving a valuation exceeding $1 billion. This milestone reflects the bank’s determination to…
Delivery companies are unable to capitalize on rising demand since drivers are not keen amid mobility restrictions and delayed vaccination. Hung, a shipper in Hanoi, has shut down his driver’s app for over a week now after the city imposed travel…
Are you aware of the fact that Asia is home to some of the biggest companies in the world? Over the years, Asia has managed to build and attract many successful businessmen and women. These individuals have gone on to create many profitable businesses. There…
The collection and use of personal data for commercial purposes are on the rise, but concerns over privacy and cyber-security breaches are causing concern among consumers, companies and regulators alike. The report, The transparent business barometer:…
There were 61,276 newly-established enterprises in Vietnam in the first half of this year with total capital of VND596.196 trillion ($26.22 billion), according to the Ministry of Planning and Investment (MPI). Numbers were up 12.4 per cent year-on-year while…
More than 14,450 enterprises were set up in the first two months of this year, with a total registered capital of over VND152.5 trillion (US$6.71 billion), up 3.9% in terms of number of enterprises and 35% in terms of registered capital over the same period…
A strong start for the economy in the new year after a record high number of new openings in 2016. Vietnam’s business community has hit the grounds running in the new year. Official reports showed that 8,990 companies opened in January, up 8 percent from last…
Seventy companies were honoured today (December 13) at the 2016 Hong Kong Awards for Industries (HKAI) presentation ceremony, at which the Chief Executive, Mr C Y Leung, officiated. The Grand Award winners were WowWee Group Limited (consumer product design),…