Tightened controls against cheap E-Commerce platforms
BERLIN – The German government has adopted an E-Commerce Action Plan that enforces stricter controls on international online platforms such as Temu and Shein. The goal is to secure fair competition and protect domestic retailers from unfair business practices. Additionally, … Continue reading Tightened controls against cheap E-Commerce platforms
Vietnamese Tech specialists for Germany: Roadshow
HO CHI MINH CITY – German companies are facing challenges in retaining IT and engineering professionals due to an aging population and increasing demand, particularly in the field of artificial intelligence (AI). Outsourcing certain tasks and processes to other countries … Continue reading Vietnamese Tech specialists for Germany: Roadshow
Singapore: A Resurgent Economic Powerhouse
SINGAPORE – Singapore has successfully rebounded from the challenges of recent years and is once again on a growth trajectory. The Southeast Asian city-state recorded a remarkable economic growth of 5.4% in the third quarter of 2024 compared to the … Continue reading Singapore: A Resurgent Economic Powerhouse
BYD Vice President: E-mobility in Germany is at risk
SHENZHEN – In an interview with the Italian media outlet “Motor 1,” Stella Li, Vice President of the Chinese electric car manufacturer BYD, sharply criticized the current conditions for electric mobility in Germany. Rising electricity prices and political uncertainty were … Continue reading BYD Vice President: E-mobility in Germany is at risk
Lufthansa reports operating profit of 1.3 billion euros
FRANKFURT – Lufthansa Group reports an operating profit of 1.3 billion euros for the third quarter following a strong summer travel season. Carsten Spohr, Chairman of the Executive Board and CEO of Deutsche Lufthansa AG points out: “Today, we are … Continue reading Lufthansa reports operating profit of 1.3 billion euros