China’s Travel Warning Hits Japan’s Tourism and Economy Hard
Within days of China advising its citizens against travelling to Japan amid a diplomatic dispute, Tokyo-based tour operator East Japan International Travel Service reported an 80% decline in bookings for the rest of the year. The small firm, specialising in group tours mostly for Chinese clients, faces severe repercussions from
Indonesia’s 6.7GW Coal Phase-Out Plan Faces Funding Crisis
Indonesia’s ambitious plan to retire 6.7 gigawatts of coal-fired power capacity by 2030 faces significant hurdles due to the lack of funding from wealthy nations, according to the country’s top official overseeing the initiative. A coalition of ten donor countries, known as the Just Energy Transition Partnership (JETP), pledged in
China Services Activity Hits 3-Month Low in October
According to a private survey released on Wednesday, Chinese service activity appears to slow down over the next three months, as a decline in overseas orders is offset by improved domestic demand. Recent data shows a slowdown in growth. The RatingDog China General Services PMI, compiled by S&P Global, decreased
China Products Ready to Re-enter the Indian Market
After a four-year hiatus, India has approved Chinese exports to re-enter the Indian market. The government is working diligently to process pending applications from local companies that want to import electronics components, footwear, everyday household items, steel products, raw materials, and other finished goods. These imports need certification of the
Indonesia Grants TikTok License Renewal After Protests
Indonesia has reinstated TikTok’s local operating license after it shared data requested by the government that was linked to the nationwide protests between late August and September. TikTok provided the requested data on “traffic escalation and TikTok Live monetisation activities” from August 25 to August 30, via an official letter
Fibre-Optic Shutdown Triggers Afghan Connectivity Crisis
A severe communications blackout has struck Afghanistan following the Taliban’s decision to cut fibre-optic connections across several provinces, citing efforts to prevent “vice” as the rationale. According to Netblocks, a cybersecurity and internet governance watchdog, the country’s connectivity has plummeted to just 14% of normal levels, indicating an “intentional disconnection
Vietnam Moves for Trade Deals to Counter US Tariffs
Vietnam’s Prime Minister, Pham Minh Chinh, announced that Hanoi is actively pursuing new trade agreements in 2023 to offset the adverse effects of U.S. tariffs on its exports. This effort comes amid concerns that U.S. duties could slash Vietnam’s exports to America by up to 20%, according to the United
Japan PM Announces Exit as Rivals Push for New Leadership
The decision for leadership change within Japan’s Liberal Democratic Party (LDP) comes less than a year after 68-year-old Ishiba took charge of the long-dominant party. Recently, he lost his majority in both houses of parliament, prompting discussions about his future as party leader. According to NHK, Ishiba decided to step
What Does GTS Mean on Snapchat: Dive Into the Meaning
Do you use Snapchat for texting, sharing media, and watching short videos? If so, you may come across slang, especially GTS, used by your cousins or friends during conversations. But what does GTS mean on Snapchat? The meaning of GTS may vary depending on the context of the conversation. Don’t
How the next generation of daughters is redefining Asia’s business heritage.
Across Asia, a fresh era of leadership is emerging, one that is courageous, visionary, ambitious, and, most remarkably, female. These women are not merely successors to their family heirlooms, but they are transforming the trajectory of their family businesses. A new wave of female leaders is steering towards redefining legacy,
