INA

Oct 07 2024BUSINESS

Innovative Transport for Southeast Asia: A New Partnership

Asia Mobiliti, a top Malaysian mobility company, has teamed up with Unitsky String Technologies from Belarus. Their goal? To bring an exciting new transit solution to Southeast Asia – the Suspended String Transport Technology. This technology is not just about moving people but also minimizing costs

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Oct 07 2024BUSINESS

Bentley's Green Initiatives: Eco-Friendly Paint and Collaboration within Volkswagen Group

Bentley is taking significant steps towards sustainability, aiming to reduce emissions in its paint shop and exploring the use of recycled materials for car paints. The luxury automaker shares these strategies with sister companies Audi and Lamborghini under the Volkswagen Group umbrella. Regular me

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Oct 07 2024BUSINESS

Samsung's 3nm Tech Struggles: What Went Wrong?

Samsung has been having a tough time in the semiconductor market, especially with its new 3nm GAA technology. This tech is supposed to be super advanced, but it’s not working as well as they hoped. In fact, it's causing them to lose customers and money. Industry experts think Samsung might lose arou

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Oct 07 2024FINANCE

Janet Yellen: AI in Finance Can Be a Mixed Bag

Finance is getting smarter. Treasury Secretary Janet Yellen recently talked about this at a financial stability conference. She said artificial intelligence (AI) could make things better or worse for the finance world. That's why regulators are paying close attention. Yellen mentioned how AI can he

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Oct 07 2024FINANCE

Gulf Banks Have More Cash: What's Next?

In a surprising turn of events, banks in the Gulf Cooperation Council (GCC) countries are sitting on more liquid cash than many of their global counterparts. This shift is largely due to the high interest rates in Europe and other regions, according to an executive from Qatar National Bank. Speaking

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Oct 07 2024POLITICS

Senators Back African Trade Deal as China Competition Heats Up

The Senate Finance Committee met recently to discuss extending two important trade programs: the African Growth and Opportunity Act (AGOA) and the Generalized System of Preferences (GSP). These programs help remove trade barriers for African goods coming into the U.S. AGOA is due to expire next year

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Oct 07 2024BUSINESS

Boosting Access: A New Bank for Malaysia’s Underserved

Imagine a bank that reaches out to those who often get left behind. That's what Boost Bank is doing! Created by Axiata Group Berhad and Boost, this digital bank has teamed up with RHB Banking Group to make financial services more accessible. They’re focusing on safety measures against unauthorized a

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Oct 07 2024BUSINESS

Southeast Asia's Rise as a Manufacturing Hub: A Look at the SEA 500 List

The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener

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Oct 07 2024POLITICS

Campaign Finance Case: Charges Dropped for Defendant

On Tuesday, one of the six people accused in a campaign finance scheme involving Mayor Eric Adams's contributors had their charges dismissed. Ronald Peek, 66, was part of a group indicted last July for allegedly funneling money to Adams's campaign through straw donors between 2020 and 2021. Manhatta

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Oct 07 2024BUSINESS

A Big Shift: Nvidia’s Finance Head Joins a Startup

Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr

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