Hover Bike: Market entry planned for 2022
Tokyo – A.L.I. Technologies Inc., a Tokyo-based venture company, aims to release a mass-market flying motorcycle by 2022. The company, which mainly develops small drones, hopes to sell the product, called a “hover bike,” in emerging economies in Africa, the … Continue reading Hover Bike: Market entry planned for 2022
China cuts banks’ reserve ratios as economy slows
Beijing – China’s central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan ($126.35 billion) in liquidity to shore up the flagging … Continue reading China cuts banks’ reserve ratios as economy slows
ITB ASIA: Revolutionizing the future of travel
Singapore – ITB Asia, ‘Asia’s Leading Travel Trade Show’, is set to deliver another year of thought-provoking and inspiring content to industry practitioners as part of its conference program. Themed ‘Bold Thoughts, Bold Moves’, the conference will bring together thought … Continue reading ITB ASIA: Revolutionizing the future of travel
ASIA to reach 50 percent of global GDP by 2040
New York – For years, Western observers and media have been talking about the rise of Asia in terms of its massive future potential. But the time has come for the rest of the world to update its thinking—because the future … Continue reading ASIA to reach 50 percent of global GDP by 2040
Asia to top 50 percent of global GDP by 2040
New York – For years, Western observers and media have been talking about the rise of Asia in terms of its massive future potential. But the time has come for the rest of the world to update its thinking—because the future … Continue reading Asia to top 50 percent of global GDP by 2040
Shell enters Japan’s renewable energy market
Tokyo — Royal Dutch Shell has begun selling electricity procured from the wholesale market to businesses in Japan and is considering residential sales in the future. The oil and gas company is looking into potential options in renewable energy. … Continue reading Shell enters Japan’s renewable energy market
EVA Air strike with hundreds of flights cancelled
Taipeh – The strike by Taiwan’s EVA Air cabin crew is set to continue, with 550 more flights cancelled through to mid-July after negotiations on work conditions and wages broke down this week. Flight attendants at the airline have been … Continue reading EVA Air strike with hundreds of flights cancelled
Indonesia: President vows to invest in tech skills
Jakarta — Indonesian President Joko Widodo appeared at ease as he rode Jakarta’s new MRT alongside the Japanese ambassador on June 25, stopping to pose for selfies with passengers. Riding the MRT has become a signature publicity stunt for “Jokowi,” … Continue reading Indonesia: President vows to invest in tech skills
China opens industries to foreign investment
Beijing – China’s state planning agency on Sunday said it had cut the number of sectors subject to foreign investment restrictions, as Beijing moved to fulfil its promise to open major industries. The loosening in curbs, though widely anticipated, comes … Continue reading China opens industries to foreign investment
Beijing: New int’l airport completes construction
Beijing — Construction of the Beijing Daxing International Airport was completed as scheduled on Sunday, and preparations have started for the operation of what is expected to be one of the world’s busiest air traffic hubs. In the first half … Continue reading Beijing: New int’l airport completes construction