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Johan Chairil

Indian Digital Payments Firm Eyes IPO Amid Fintech Boom

PhonePe's IPO aspirations mirror its ambitious diversification strategy. Beyond its core payments business, the company is venturing into an array of financial services

Elite Tech, apple

Apple Removes WhatsApp and Threads from Chinese App Store: A National Security Move

The stated reason for the removal of WhatsApp: national security. While the specifics of these concerns remain undisclosed, it is evident that the Chinese authorities view these apps as potential threats.

Singapore’s Non-Oil Domestic Exports: A Steep Decline in Q1 2024

Non-electronic exports fared no better, declining by 23.2% year-on-year in March. This extends the 1.7% drop observed in February. Notable declines occurred in pharmaceuticals, structures of ships and boats, and non-monetary gold, which fell by 70.3%, 99.8%, and 49.1%, respectively.

BYD’s Electrifying Rise: A Race Against Titans in China’s EV Market

BYD’s Electrifying Rise: A Race Against Titans in China’s EV Market

In the dynamic realm of electric vehicles (EVs), BYD (Build Your Dreams) has emerged as a formidable challenger, pitting itself against industry behemoths such as Tesla and Jeep.

Elite Economy Featured

Yellen’s Recent China Visit: Navigating Trade Tensions and Clean Energy Talks

As Yellen wraps up her trip, the verdict remains nuanced. While her efforts to soothe strained relations are commendable, uncertainty still looms. The delicate dance between economic cooperation and geopolitical tensions persists.

Mitsubishi Pencil’s Strategic Move: Acquiring LAMY to Expand Global Reach

Mitsubishi Pencil, with a storied history dating back to 1887, has long been synonymous with excellence. From humble pencils to sophisticated ballpoint pens, marker pens, and mechanical pencils

Record-Breaking Bitcoin Laundering Case Unveiled in London

Unsuspecting investors were left reeling as a staggering 40 billion yuan (approximately S$7.5 billion) vanished into the murky depths of the digital realm.

Uber Eats Debuts Delivery Robots in Tokyo Amid Labor Shortage

As Japan grapples with an aging population and a shrinking workforce, the logistics industry faces a significant challenge.

Japan’s First “Ride-Sharing” Service Debuts in Tokyo to Tackle Taxi Shortages

Customers cannot hail a ride-sharing vehicle on the street as they would with regular taxis. Instead, they use designated taxi dispatch apps like “Go” and “S.Ride.”

Nippon Steel’s Bold Move: Acquiring U.S. Steel for $14.9 Billion

Nippon Steel’s move is more than a financial transaction; it’s a strategic chess move. By acquiring U.S. Steel, the Japanese giant gains access to the vast North American market.

elite politics Featured

Market Jitters as China's Premier Li Qiang Sets Ambitious 5% Growth Target

China's economy, ranked as the world's second-largest, has undergone a tumultuous journey in recent years and the government wants to repeat the robust 5.2% annual growth rate achieved in 2023

Elite Investment

Elite Investment

KWAP Launches RM500 Million Dana Perintis For Growth of Venture, Startups

KWAP wasted no time in putting its vision into action. Under the Dana Perintis strategy, KWAP recently announced its first batch of investments, totaling RM100 million. These investments include:

Southeast Asia’s Booming Smartphone Market: A Resilient Surge Amidst Global Challenges

However, Chinese competitors are nipping at Samsung’s heels. Xiaomi, the second-largest smartphone brand in Southeast Asia, witnessed a staggering 128% year-on-year growth.

Electric Vehicles

electric vehicles

BYD Expands into Emerging Markets: A Strategic Move Amidst Policy Uncertainty

Now, BYD is taking its expansion plans to the next level, focusing on regions perceived as more friendly and less politically contentious.

GoTo Group Achieves Milestone Profitability Amid Strategic Shifts

This success is a testament to GoTo's focused efforts to streamline operations, optimize costs, and enhance operational efficiency to drive bottom-line performance.

Bank of Japan Ends Negative Rates Era: A Pivotal Move in Economic Policy

The central bank's decision to guide the overnight interest rate to remain in a range of about zero to 0.1 per cent effectively brings an end to an era of unconventional monetary policy

Singapore’s Ambitious AI Investment Plan: Pioneering the Future

Singapore’s investment in AI is not merely a financial commitment; it’s a visionary leap. The city-state recognizes that AI is the cornerstone of the Fourth Industrial Revolution

The Current Status and Pros and Cons of Investing in Bitcoin ETFs

Lack of Ownership: When investing in a Bitcoin ETF, investors are purchasing shares in a fund that holds Bitcoin, rather than holding direct ownership of Bitcoin itself.

Australia's $2 Billion Investment Boost for ASEAN

Simultaneously, the SME Conference and Marketplace, which catered to 165 Australian SMEs, played a pivotal role in disseminating insights from industry experts pertaining to investment and trade opportunities within the ASEAN region.

Health and Wellness

Health and Wellness

AstraZeneca's Investment in Liverpool: A Beacon of Hope for UK's Healthcare Sector

AstraZeneca's proposed investment in Liverpool is poised to have far-reaching implications, not only in terms of economic growth and job creation but also in enhancing the country's pandemic preparedness

Superdry Engages in Strategic Discussions with Hilco for Financial Support

Superdry, known for its distinctive urban clothing and focus on quality craftsmanship, has been navigating a competitive market landscape marked by changing consumer behaviors and economic uncertainties.

Cybersecurity Jobs in Thailand: A Growing Frontier

The revenue in the cybersecurity market is projected to reach US$377.30 million by 2024. This growth is driven by increased awareness and the escalating frequency of cyber incidents.

Congressional Decisions: A New Challenge for Wall Street’s Dealmakers

Analysts caution that budget reductions within the plan could adversely impact merger and acquisition activities on Wall Street, dampening hopes for a resurgence in dealmaking.

Nintendo’s Iconic Plumber to Star in New Animated Film

The collaboration between Nintendo and Illumination has been a fruitful one, blending Nintendo’s rich storytelling heritage with Illumination’s expertise in animation.

Elite Business - Energy

Coro Energy’s Strategic Expansion in the Philippines

Coro Energy’s application is more than just a business maneuver; it is a commitment to sustainable development.