Business
Chinese carmakers shift to ‘asset-light’ models in overseas expansion
CHINESE carmaker Geely is betting that an “asset-light” investment model will accelerate its overseas expansion, as competition among…
Tag
expansion
Business
MetaOptics jumps as much as 5.5% on tailwinds of proposed Nasdaq listing, US expansion
Shares of semiconductor optics company MetaOptics rose as much as 5.5 per cent in early trading after the market opened on Thursday (Nov…
Business
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities Didi Global reported an…
Business
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via…
Business
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million Vietnam’s VinFast reported a sharp rise in…
Business
Samsung plans US$310 billion investment to power AI expansion
Five-year investment package includes plans to build a new semiconductor facility designed to meet the needs of memory-chip demands South…
Business
Ulta Beauty Makes Middle East Debut With Kuwait Store, Plans Expansion in Dubai and Saudi Arabia
Ulta Beauty has landed in the Middle East. After debuting internationally in Mexico earlier this year, the Bolingbrook, Ill.-based beauty…
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Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors Sunway Healthcare Group is…
Business
KKR plans investment expansion for insurance unit in India
The investment firm insurance business is anchored through Global Atlantic Financial Group KKR is planning a bigger role for its India…
Business
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as…
Business
iX Biopharma proposes placement to raise gross proceeds of at least $5 million as it eyes US expansion
The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share Mainboard-listed iX…
Business
iX Biopharma proposes placement to raise gross proceeds of at least S$5 million as it eyes US expansion
The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share Mainboard-listed iX…
News
China Launches 600th Long March Rocket as Guowang Constellation Expansion Continues
China successfully launched its 600th Long March rocket with the lift-off of its Long March 8A on Oct. 15. With it, the rocket took the…
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Chinese food and beverage firms flock to Singapore as first step in expansion drive
Weak demand has stifled growth in China since the end of Covid-19 lockdown almost three years ago A record number of Chinese restaurants…
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China food and beverage firms flock to Singapore as first step in expansion drive
Weak demand has stifled growth in China since the end of Covid-19 lockdown almost three years ago A record number of Chinese restaurants…
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Airbus walks political tightrope with US, China expansion
Airbus is set to inaugurate a second US assembly line on Oct 13, followed by expansion of a similar facility in China several days later,…
Business
Nubank applies for US bank charter in global expansion push
Most of the biggest Brazilian traditional banks have operations in the America, mainly aimed at Brazilian companies and individuals with…
Business
Ahmed Seddiqi Opens First Flagship in Saudi Arabia, Marking Major Regional Expansion
RIYADH — Ahmed Seddiqi is stepping beyond its UAE home base for the first time in its 75-year history, opening a flagship boutique in…
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Baidu eyes Australia, South-east Asia for next robotaxi expansion
BAIDU is exploring new markets including Australia for its robotaxis as its expanding fleet hits operational profitability targets in…
Business
EXCLUSIVE: OSEA Secures Investment from General Atlantic to Fuel Global Expansion
OSEA has a new investor. The seaweed-infused skin care brand has entered into a definitive agreement to receive a strategic growth…
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Sydney Airport unveils terminal expansion to meet passenger jump
Sydney Airport, Australia biggest aviation hub, proposed a long-term overhaul of domestic and international terminal operations to cope…
Business
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth slowed from…
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Johor fastest-growing South-east Asian data centre hub; Singapore expansion remains ‘constrained’
The city-state’s ‘strict planning controls’ are leading global tech firms to look north: Knight Frank report Johor is the fastest-growing…
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Qatar Airways plans expansion of China passenger, cargo flights
Qatar Airways QCSC will expand passenger flights and beef up its air cargo business in China as it looks to deepen ties to one of the…