Yimie Yong

BYD is also accelerating its overseas footprint by setting up production facilities in Brazil and Thailand (with an annual production capacity of 150,000 units each) and expanding its sales network in Europe, according to DBS Group Research.

Besides BYD, several Chinese car makers such as Great Wall Motor, SAIC Motor and Geely have been expanding their footprint in Southeast Asia.

The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.

Started in 2018, the firm selling kids’ smartwatches and other wearables are available in 36 countries with Japan being its largest market, followed by Singapore and South American market.

“So in the end, my dream is when I retire, five listed companies, one in America and four in other parts of Asean,” Tony Fernandes said.

The new reorganisation plan will be announced by Jan 15, sources said.

Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.

As we usher into 2024, with the hope for a better year, here are some of the top tech news in 2023.

The four EV producers have also expressed their readiness to follow the regulations in Indonesia, including complying with the 40 percent domestic component level rule.

“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.