Sri Lanka arrests over 230 Chinese in cybercrime raids
The cyber criminals have mainly targeted foreign banks and financial institutions, a senior official said.
Big Picture
Poorest countries face highest debt burden for 18 years: World Bank
Government debt in these countries, which are home to around 40 percent of the world's population, now stands at an average of 72 percent of GDP.
Thailand 28th in ‘best countries in the world’ ranking
Among the ASEAN countries, Singapore is ranked 14th, Malaysia 38th, Indonesia 41st, Vietnam 44th, the Philippines 45th, Cambodia 68th, and Myanmar 73rd.
Bhutan Innovation Forum to launch world’s first mindfulness city
The Gelephu Mindfulness City will blend civil infrastructure, green technologies, and mindful innovation.
Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
Talk resumed less than a year before Japan could unilaterally terminate agreement on undersea resource exploration.
Asia’s super rich prefer single-family offices to multi-family ones for tighter control of wealth
Family offices have been slower to catch on in Asia than in Europe and North America, where wealth has been inherited for many generations, the study said. An estimated US$5.8…
Singapore the top start-up investment destination in Southeast Asia
The report from Enterprise Singapore and DealStreetAsia found that start-ups based in the country accounted for 63.7 percent of all equity deals in the ASEAN-6 in 2023.
Southeast Asia needs to accelerate renewable energy transition: Experts
McKinsey & Company senior partner Vishal Agarwal suggested at an event that project developers have to build local ecosystems and work with stakeholders to find innovative…
South Korea’s beauty exports hit all-time high of US$2.3 billion in Q1
South Korea's customs agency said the increasing popularity of Korean culture around the world has helped the country’s beauty products increase their sales overseas.
India rises as new economic powerhouse under PM Modi
The Indian prime minister, seeking a third term, has expressed confidence that the country will be the third-largest economy in the world in the coming years.