Technological advancements and innovations are having a profound impact on the way people live, interact and do business. They bring opportunities — not only for enhanced productivity, but also new products and services. Mobile apps have vastly improved people’s daily lives and are transforming entire economies.
Swedish manufacturer Volvo Cars, owned by Chinese group Geely, said on Wednesday it was recalling 167,000 cars worldwide because of a problem with the power-operated tailgate.
The rivalry between homegrown ride-hailing company Go-Jek and Singapore-based Grab has reached the next level, with the former having received its latest round of funding for its regional expansion from global tech giants.
Lusia Arumingtyas, 26, is one of a growing number of young middle-income Indonesians who have decided to invest money in the stock market, a trend expected to continue in Southeast Asia’s largest economy, where the number of individual investors remains small.
US officials are fanning out across Europe to warn about the security risks of allowing Chinese telecoms giant Huawei to help build 5G mobile networks, a US diplomat said Tuesday.
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State electricity firm PLN hopes its customers will use more electricity this year through incentive measures amid the ongoing construction of mega power plant projects, which have been criticized as unnecessary as consumption growth has been slowing.
Nissan Motor Co plans to freeze remuneration payments to its former Chairman Carlos Ghosn totaling 9 billion yen ($82 million) which the automaker alleges are illegal, a source close to the matter said Tuesday.
Indonesia’s gross domestic product (GDP) expanded by 5.18 percent year-on-year (yoy) in the fourth quarter of last year, Statistics Indonesia (BPS) announced on Monday, bringing the overall growth for last year to 5.17 percent, the highest annual expansion since 2013, when the economy grew by 5.56 percent.
Japan will likely allow pharmacists to consult online with patients about their medications from April 2020, reflecting the rising demand for in-home medical care among the country's rapidly aging populace, officials said Tuesday.
Well-known taxi company Blue Bird has expanded its business to include postal and courier services, as its core business has faced a tough challenge from ride hailing apps.