Tony Fernandes has now deleted the LinkedIn post, which said: “Got to love Indonesia and AirAsia culture.”
China posts 4.9% growth in the third quarter, stronger than expected
China’s third-quarter economic growth came in stronger than expected, boosting hopes that the world’s second-largest economy will meet Beijing’s annual target this year.
Southeast Asia looks to renewable power for energy security
As energy demand grows, Southeast Asia turns to renewable energy to safeguard its energy security.
China consumer prices were unexpectedly flat, as economic recovery remains fragile
China’s consumer price index came in at zero in September, while factory gate prices saw annual declines slow for a third month.
Is India still a bright spot? IMF upgrades growth, but economists say it will be a bumpy ride
The International Monetary Fund raised its forecast for India, saying that the country’s growth will remain strong in 2023 and 2024.
Samsung Electronics expects third quarter profit to plunge 78% but shares surge
The company expects revenue of about 67 trillion South Korean won for the third quarter, while operating profit will stand at about 2.4 trillion won.
What Thailand’s new coalition government means for the cannabis market
Thailand is the first country in Asia to decriminalize marijuana, allowing it to be grown and consumed freely but turning the weed market into a free-for-all.
Japan’s property sector sees ‘golden period’ as foreign investments surge 45%
Foreign investments into Japan’s real estate sector have been burgeoning in the past year, buoyed by a weak Japanese yen.
Bank of Japan hikes bond buying as benchmark yields hit decade peak
Hawkish comments contained in the minutes of BOJ’s September meeting released Monday reignited expectations it’s slowly laying the groundwork to end negative interest rates.
India’s elderly population will double and overtake the number of children by 2050
India’s elderly population is predicted to double by 2050 and overtake the number of children in the country, according to the United Nations Population Fund.