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Alibaba, the Chinese tech behemoth, has announced that its projected artificial intelligence (AI) investment over the next triennium will surpass the initial estimation of 380 billion yuan (US$55.96 billion). This decision has been driven by promising…
Despite experiencing a slight dip in interest income, Singapore’s OCBC managed to maintain a relatively static profit, thanks to diverse revenue sources. Financial Performance OCBC recorded a net profit of S$7.4 billion ($5.9 billion) in 2025, marking a 2…
OCBC, the Singapore-based banking corporation, has reported that its profits remained stable in the third quarter of 2025. The bank’s net earnings for the period matched the previous year’s figures, standing at approximately S$2 billion ($1.5 billion). Income…
DBS bank reported a record-breaking income for the third quarter of 2025, largely due to strong fee income from wealth management. However, the bank’s net profit experienced a slight dip of 2 percent year-on-year, almost S$3 billion ($2.3 billion). This was a…
Ho Chi Minh City is setting ambitious goals for its economic landscape, aiming to boost its per capita income by 3.7% this year. The targeted income for 2025 is set at VND204.3 million, roughly translating to over US$7,850 at current exchange rates. This…
A recent survey by French market research firm Ipsos has found 61 percent of respondents expecting their earnings to improve in the next six months. However, the survey also found 15 percent fearing a further decline in their incomes during the same period.…
Global online shopping platform Amazon reported growth in both net sales and profit for the fourth-quarter 2018 and full-year, adding its Alexa use and Prime membership continues to thrive, particular in the all-important holiday season. For the fourth…
Cargill Joy Poultry Meat Production Inc. opened on Tuesday, giving chicken farmers in Batangas and nearby provinces new income opportunities, Jollibee Foods said Wednesday. A joint venture between Jollibee Foods and Minneapolis, USA-based Cargill , the…
Internet commercials are starting to take over the advertisement business from print and electronic media, especially television. Wide accessibility and ease of use are the internet’s main points of attraction. However, this poses new problems, as online…
