China and Kazakhstan strengthen cooperation for mutual growth
China and Kazakhstan pledge to deepen pragmatic cooperation across trade, investment, infrastructure, energy, and security.
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FAW-Volkswagen expands SUV Production in Tianjin with $324 million investment
The investment will enable FAW-Volkswagen to introduce three new SUV models to its production line in Tianjin, catering to the evolving preferences of Chinese consumers and capitalizing on the robust demand for SUVs in the country's automotive market.
Amazon’s strategic investments in Singapore’s cloud computing Sector: Impact and implications
Amazon Web Services (AWS) has announced plans to invest $9 billion in Singapore to boost its cloud computing infrastructure, marking a significant milestone in the country's digital transformation journey.
Saudi Arabia’s ambitious drive in artificial intelligence (AI) and beyond: A vision for the future
Saudi Arabia's bold push into artificial intelligence (AI) is not just about embracing cutting-edge technology; it's a strategic move to transform its economy and secure a leading position in the global tech landscape.
Saudi Trade delegation’s visit to Pakistan: A boost for economic growth and bilateral relations
A high-ranking Saudi trade delegation, led by the deputy minister of investment, arrived in Pakistan to sign several bilateral economic and investment agreements. This visit highlights Saudi Arabia's commitment to accelerating a package of projects worth $50 billion in Pakistan.
Bridging the gap: Bangladesh seeks Chinese bank to boost trade
Bangladesh has requested the establishment of a Chinese bank within its borders. This strategic initiative, announced by State Minister of Commerce Ahsanul Islam, seeks to facilitate transactions in yuan, China's currency, and potentially unlock new avenues for economic growth.
Toyota joins TSMC for 2nd Kumamoto chip plant investment in Japan
Under the partnership agreement, TSMC will maintain an 86.5% stake in the venture, known as Japan Advanced Semiconductor Manufacturing, with Sony holding 6%, Denso 5.5%, and Toyota 2%.
South Korea allocates $74.9 million to boost reshoring efforts in 2024
South Korea's Ministry of Trade, Industry and Energy announced plans to allocate 100 billion won ($74.9 million) in 2024 to support local businesses in reshoring their production from overseas.
Amazon announces ¥2 trillion investment in Japan’s cloud business amid AI boom
Amazon.com Inc's cloud computing service unit, Amazon Web Services Inc., revealed on Friday its ambitious plan to invest approximately 2 trillion yen in Japan by 2027.
Double boost for Malaysian unit trusts: Capital gains tax and foreign income exemptions
The exemption on foreign-sourced income is effective immediately and will last until December 31, 2026.
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