Japan’s core machinery orders dropped in April at their quickest pace since September 2018 as the hit to business spending from the coronavirus pandemic deepened. By Daniel Leussink TOKYO, June 10 …
Japanese carmaker Honda hit by cyberattack
Japanese carmaker Honda said Tuesday that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained. Production in Japan …
ADB signs $17.7m deal to invest in solar photovoltaic plant in Bangladesh
The solar park is one of the first private sector solar plants in Bangladesh to be financed by multilateral institutions, and will support the country’s efforts to attain long-term energy security and …
Japan’s Fujifilm to Spend $928 Million to Double Capacity of Danish Drug Facility
The investment in Fujifilm Diosynth Biotechnologies will expand production lines for bulk drug substances and cultivate cells for producing viral vaccines, Fujifilm announced on Tuesday. It bought the …
Covid-19 has punctured the growth of smartphone sales in India
The Covid-19 pandemic has punctured the growth of smartphone sales in India. The world’s second-largest smartphone market is estimated to clock sales of 127 million units in 2020, as against an …
COVID-19 magnifies challenges to business in China: European business group
The COVID-19 epidemic has exacerbated already worrisome trends to doing business in China amid slowing revenue growth, regulatory obstacles and the clout of the state-owned sector, a European business …
Singapore Changi Airport’s New Liquor Retailer Takes Online Route To Market
With passengers thin on the ground, Lotte Duty Free is launching its liquor and tobacco concession through e-commerce first, not brick-and-mortar.
Birthright Excel launched first virtual business internship in Israel
Traditionally, Birthright Israel Excel is a 10-week summer internship in Israel open to Jewish North American top university students. This summer, it is being done via Zoom.
A governor, a pharmacist and a nun: How South Korea’s coronavirus stimulus money wound through a city
Choi Moon-soon fanned out his wad of coronavirus stimulus money for the cameras like a gambler flaunting hundred-dollar bills. He navigated the narrow aisles of a market in Gangwon province, walking …
NBP looks to raise capital in Bangladesh operations
The government is likely to allow National Bank of Pakistan (NBP) to increase its capital in Bangladesh operations by remitting $10.9 million with the conditional plan of partially closing its …