China’s Tourism Industry Faces Harsh Reality Despite Optimistic Travel Data

China’s Tourism Industry Faces Harsh Reality Despite Optimistic Travel Data

Over the summer and Mid-Autumn Festival peak travel seasons, China’s bustling cities were teeming with tourists, according to official travel data, painting an image of vibrant economic recovery and a resurgence in domestic travel. However, for many in the tourism...
Thai Airways

Thai Airways: Spin-Off Plan for Business Growth and Competitiveness

Thai Airways International (THAI) is setting its sights on a transformative business strategy aimed at spurring growth and boosting profitability. The national airline, under the leadership of President Chai Eamsiri, is preparing to spin off key business units into standalone...
Colombo main port

Sri Lanka’s New Government Endorses Controversial Debt Restructuring Plan Amid Political Uncertainty

Sri Lanka’s newly-elected government has approved a contentious restructuring deal for US$14.7 billion (RM62 billion) in foreign commercial credit, a plan tentatively agreed upon by the previous administration led by former President Ranil Wickremesinghe. The move has sparked widespread discussion...
Saudi Arabia-China

China Seeks Stronger Partnership with Saudi Arabia: Focus on Electric Vehicles, Energy

China’s ambassador to Saudi Arabia, Chang Hua, emphasized Beijing's commitment to deepening its strategic partnership with the Kingdom of Saudi Arabia. The ambassador highlighted that China is particularly keen on expanding cooperation in electric vehicle production and various other industries....
Shigeru Ishiba

“Ishiba Shock” – Could a Skyrocketing Yen Shake Global Markets?

Stock investors in Japan have already felt the sting of what’s being called the “Ishiba shock.” However, the turmoil shaking the markets may only just be beginning for currency traders. With the yen seemingly set to surge, the election of...
Japanese Yen (JPY)

Yen Czar: How Masato Kanda Took on Speculators and Shaped Japan’s Economic

For several years, Masato Kanda hardly slept. "Three hours a night is an exaggeration," Kanda chuckles as he recalls his grueling schedule from his office in Tokyo. "I slept for three hours consecutively before being woken up, but I then...
Apple Intelligence

Apple’s Underwhelming AI Announcement: A Missed Opportunity or an Overhyped Fad?

Apple made its highly anticipated announcement of the new iPhone line, a tradition that draws the attention of millions of tech enthusiasts and consumers alike. As expected, the centerpiece of this year’s product reveal was the incorporation of AI –...
China's Diplomacy

“To Get Rich Is Glorious”: China’s Billionaires and the Complex Path to Wealth

In the 1980s, as China began to open up after decades of Maoist rule, a striking phrase echoed across the country: "To get rich is glorious." This saying, though unofficial, became emblematic of the changing economic ethos under Deng Xiaoping,...
Chinese

China’s Sputtering Economy: Leadership Races to Reignite Growth Amid Rising Pessimism

China’s leadership has embarked on a flurry of measures aimed at counteracting a slowing economy. The government has unveiled a series of stimulus measures, distributed rare cash handouts, held an impromptu meeting to revive growth, and made a concerted push...
China Clean Energy

China Leads Global Clean Energy Race: How Strategic Investments are Driving a Renewable Revolution

China is rapidly emerging as the undisputed leader in the global clean energy race, having invested an extraordinary amount in renewable energy development over the past decade. This isn't just a temporary trend — it’s a strategic move aimed at...
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