Category: Business

(Oct. 26) Manila, Philippines - Transportation Secretary Jaime Bautista reveals Incheon International Airport Corp.'s interest in NAIA operations and maintenance contract worth P170.6 Billion ($3 billion). (Photo: FIle | Manila Times)
Estimated read time 3 min read
Business Philippines South Korea

Incheon airport operator joins bid to transform Manila’s international airport

  • Post Date 10/26/2023

The competition for the highly-anticipated contract to operate and maintain the Ninoy Aquino International Airport (NAIA) has intensified as Incheon International Airport Corp., the operator [more…]

Stellantis and Leapmotor have jointly revealed that Stellantis intends to make a substantial investment resulting in the acquisition of approximately 20% of Leapmotor. (Photo: Stellantis)
Estimated read time 4 min read
Business China Netherlands

Stellantis invests €1.5 Billion ($1.6 billion) in Leapmotor to compete in China’s EV market

  • Post Date 10/26/2023

Stellantis, the multinational automotive company that owns brands such as Chrysler and Maserati, has announced a significant investment in the Chinese electric vehicle (EV) startup [more…]

Ellabell, GA - South Korea's Hyundai is swiftly constructing its inaugural electric vehicle (EV) manufacturing facility and it remains on schedule to commence production in 2025. (Photo: Hyundai)
Estimated read time 3 min read
Business South Korea U.S.

Hyundai’s sprawling EV factory in Georgia nears completion

  • Post Date 10/25/2023

In a remarkable display of progress and innovation, Hyundai Motor Group is rapidly transforming a vast expanse of Georgia’s landscape into a state-of-the-art vehicle and [more…]

President Yoon Suk Yeol's inaugural state visit to Doha sees Qatar and South Korea cement collaborative ties with MOUs. (Photo: Amiri Diwan)
Estimated read time 3 min read
Business Qatar South Korea

South Korean and Qatari companies ink $4.6 billion worth of deals during President Yoon’s state visit

  • Post Date 10/25/2023

In a significant development bolstering economic ties between South Korea and Qatar, a contract worth $3.9 billion and 11 memorandums of understanding (MOUs) valued at [more…]

In the previous year, a store worker enthusiastically advertised Singles' Day price reductions in Shanghai. (Photo: EPA-EFE)
Estimated read time 3 min read
Business China

JD.com’s Singles’ Day sales skyrocket amidst fierce price war

  • Post Date 10/24/2023

JD.com, one of China’s e-commerce giants, has fired the first salvo in this year’s Singles’ Day campaign, the world’s largest shopping festival. The initiative comes [more…]

Saudi Arabia's $500 billion NEOM project is a futuristic city designed to diversify the country's economy away from oil dependency. (Photo: NEOM)
Estimated read time 3 min read
Business Denmark Saudi Arabia

Saudi Arabia’s $500 billion NEOM project partners with Denmark’s DSV in a $10 billion joint venture

  • Post Date 10/24/2023

Saudi Arabia’s ambitious NEOM project, a central component of Crown Prince Mohammed bin Salman’s Vision 2030 reform plan, is set to take a significant step [more…]