TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said …
The Saudi Pro League, known for its significant spending, has set its sights on expanding its global broadcasting reach and becoming one of the top 10 soccer leagues in the world, according to Carlo Nohra, the league’s chief operating officer. In a conversation with CNBC, Nohra highlighted the league’s massive spending spree over the summer, …
VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electric vehicle maker VinFast’s plan to deliver 50,000 vehicles this year is being called “unrealistic” by analysts. VinFast expects to deliver 40,000 to 50,000 vehicles in 2023, despite the weak …
Indonesia’s Ministry of Trade announced on Tuesday its plans to further regulate e-commerce, specifically mentioning that the country does not permit transactions on social media platforms. In an official release, the ministry stated, “One of the things that is regulated is that the government only allows social media to be used to facilitate promotions, not …
A broken window is seen after Russia launched 33 drones into the direction of Kyiv region, Ukraine on September 10, 2023. In a separate statement, the Ukrainian Air Force said that Russia sent 33 Shahed unmanned aerial vehicles (UAVs) toward Kyiv and Ukrainian forces shot down 26 of them. Anadolu Agency | Anadolu Agency | …
China’s urbanization drive may be reaching its conclusion, which could further harm the struggling property sector, as noted by China economist Hao Hong. “Fixing the property sector may require several years, or even a decade, of work. This is because we have constructed an excessive amount of housing for the Chinese population,” stated the chief …
China’s homegrown C919 passenger jet departs Shanghai Hongqiao International Airport for Beijing Capital International Airport during its maiden commercial flight in Shanghai on May 28, 2023. VCG | Getty Images Outbound travel from China is experiencing a surge ahead of the first “Golden Week” holiday period since international travel resumed, despite China’s slowed economic growth. …
Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have attracted global investors to the country, and experts suggest they could also drive investments in Southeast Asia’s automotive industry as …
Tourist sitting on a swing at a beach in Thailand. © Marco Bottigelli | Moment | Getty Images Thailand’s tourism recovery is on the rise as diplomatic relations with Saudi Arabia normalize and Chinese tourists return, says American-born hotel tycoon William Heinecke. “We have witnessed the revival of Saudi tourism in Thailand, with two daily …
India suspended visa applications in Canada on Thursday due to unspecified security threats, escalating the diplomatic crisis between the two countries. The Canadian government accused the Indian government of orchestrating the extra-judicial killing of a Sikh separatist in Canada. However, New Delhi denies these allegations and accuses Ottawa of being sympathetic to anti-India causes. The …