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The Latest Breaking News on Asian tech

Reliance retail arm to acquire controlling stake in Lotus Chocolate

NEW DELHI: The retail arm of Reliance Industries has acquired 51% controlling stake in Lotus Chocolate Company, RIL said in an official release on Thursday.

The Times of India

Chip Inventories Swell as Consumers Buy Fewer Gadgets

The world is now awash in chips. The oversupply marks a sharp turnaround from a global shortage during two years of supercharged demand. Consumer appetite for electronics has weakened against a backdrop of rising interest rates, a falling stock market and recession fears.

Bangkok Post

'Govt's manufacturing push not yielding results; FDI continues to chase less-complicated services sector'

MUMBAI: Despite the Narendra Modi government's high-octane push to boost manufacturing through the 'Make in India' initiative, foreign investors continue to chase bets in the services sector, a domestic rating agency said on Wednesday.

The Times of India

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AMD, NVDA and 1 Other Semiconductor Stock to Sell Before 2023

The semiconductor industry has been under pressure due to concerns over shrinking demand and increased government restrictions. Amid this backdrop, fundamentally weak semiconductor stocks NVIDIA Corporation (NVDA), Advanced Micro Devices, Inc. (AMD), and Wolfspeed, Inc. (WOLF) could be best sold off. Read more….

StockNews.com

3 Chip Stocks That Should Be on Your Radar Today

With the Biden administration ramping up investment in the semiconductor industry, it is well-positioned to grow. Given the industry’s long-term growth prospects, it could be wise to buy fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM), Broadcom (AVGO), and Xperi (XPER).

StockNews.com

2 Chip Stocks to Buy Before 2022 Ends and 1 to Sell

The semiconductor industry is poised for rapid growth in the foreseeable future, thanks to increasing chip usage across various sectors and growing corporate and government investments to ramp up production. Hence, adding fundamentally strong chip stocks Taiwan Semiconductor (TSM) and MaxLinear (MXL) to your portfolio this month could be wise.…

StockNews.com

BTS fandom tech firm Weverse reaches beyond K-Pop

SEOUL: When Jin became the first member of the K-Pop supergroup BTS to enlist for South Korea's mandatory military service this month, he had a special message to fans on Weverse, a fan platform app that commands more than 8 million active users.

Bangkok Post

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Warrix outlines B1bn expansion drive after IPO

Sportswear manufacturer Warrix Sport Plc aims to use more than 1 billion baht from its initial public offering (IPO) to expand the company's sport, health and lifestyle brand in Thailand and overseas.

Bangkok Post

Commerce ministry to come up with advanced version of GeM portal

NEW DELHI: The commerce ministry will come up with a more dynamic Government e-Market (GeM) portal for public procurement purposes by upgrading the existing software of the platform.

The Times of India

True Digital Park unveils immersive art show in three phases

True Digital Park reveals four artworks at the Gate Immersive Theatre exhibition, being held on the first floor at True Digital Park West until March 15.

Bangkok Post

Thai firms focus on new businesses

Thailand is following an emerging trend seen across Southeast Asia where companies prioritise the building of new businesses, with strong interest in those relating to sustainability, according to a recent study.

Bangkok Post

Can floating cities save us?

A brief history of floating city experiments, and what makes the United Nations-backed ‘Oceanix’ different

Salon

Digital city planned for EEC next year

Construction of a 5-billion-baht Silicon Tech Park, expected to be a model for Thai digital cities, is set to start next year in the Eastern Economic Corridor (EEC) through a public-private partnership.

Bangkok Post

BJC targets 30,000 stores for Donjai

Berli Jucker, the SET-listed consumer goods maker and owner of Big C Supercenter, looks set to convert 30,000 mom-and-pop shops across the country to the Donjai model over five years as part of BJC's new retail partnership scheme.

Bangkok Post

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StockNews.com

3 Stocks It's Time to Pull the Trigger on if You Haven't Already

In an increasing interest rate environment, fundamentally strong stocks Taiwan Semiconductor Manufacturing (TSM), Mastercraft Boat Holdings (MCFT), and Mistras (MG) look set to generate stellar long-term returns. Continue reading….

StockNews.com

4 Semiconductor Stocks to Buy Hand Over Fist Before 2023

Despite the continued supply chain disruptions due to U.S.-China tensions, the semiconductor industry is poised to expand significantly due to its increasing demand and usage across all sectors. Furthermore, federal investments are boosting the industry’s growth. Hence, it could be wise to add fundamentally strong and quality semiconductor stocks STMicroelectronics…

Bangkok Post

Gulf, SCG urge government to assist Thai firms globally

Gulf Energy Development and Siam Cement Group (SCG) are urging the government to improve Thai companies so they can stand out in the global business arena.

Bangkok Post

Tech consultancy competition heats up

Competition in technology consulting services in Thailand is expected to intensify as players ramp up investment and raise funds in the stock market.

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Bangkok Post

FN Factory scales down, includes anchors

SET-listed FN Factory Outlet, the operator of FN outlets, has transformed from a retail factory outlet to a retail developer, planning to build more consumer product brands as a new source of income.

Tribune News Service

Editorial: The US can’t afford to lose skilled immigrants

A wave of layoffs at U.S. technology companies has forced scores of skilled immigrants on temporary visas to find new jobs within 60 days or leave the country. Their predicament underscores how a flawed system is jeopardizing America’s ability to attract and retain the foreign-born talent it needs.

The Guardian - US

What does military service mean for members of BTS – and their fans?

Jin is the first member of the K-pop supergroup to enlist, as fans hope to see ‘busking’ and await his ‘return from war’

ABC News

Murray River Council's 'cavalier' dealings with ethanol company slammed by NSW watchdog

A NSW council is under fire over its "cavalier" handling of a multi-million-dollar deal with a Korean-backed ethanol company, including paying $100,000 into an unknown bank account.

The Times of India

Govt to sell up to 5% stake in IRCTC on Thursday; floor price at Rs 680 a piece

NEW DELHI: The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share.

The Independent UK

Creating green buildings that work for people and the planet

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Times of India

Billionaire Agarwal struggles to get backers for $19 billion chip unit

NEW DELHI: Billionaire Anil Agarwal is struggling to find financial backers for a planned semiconductor factory in India with an investment of as much as 1.54 trillion rupees ($18.6 billion), according to people familiar with the matter.

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