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BUSINESSSep 5China’s billion-dollar pet funeral industry stays largely unregulated without public oversightIn May, at a pet funeral home in Dalian, northeastern Liaoning province, a grieving couple wept as they tenderly combed the fur of their deceased pet cat, a Silver British Shorthair, bidding farewell to their beloved “fur kid.” The feline, cherished by the couple for eight years, succumbed to heart disease. “Pidan (the cat’s nickname), you will no longer feel pain in that world. Please visit us in our dreams to share your news. I hope we will be a family again in the next life,” said the...South China Morning Post
BUSINESSSep 5Philippine concert culture boosts local economy , says Live Nation Philippines headThe head of Live Nation Philippines stated that the concert culture in the Philippines is positively impacting the local economy. This highlights the economic benefits derived from the entertainment industry.philstar.com · Philippines
BUSINESSSep 5China will buy less food from the world, but more from Brazil and ArgentinaThe Asian giant knows that agri-food dependency puts national security at stake. The lack of adequate land prevents it from becoming self-sufficient in the production of beef, soybeans, and corn.Clarín
BUSINESSSep 5Rich Dad, Poor Dad author’s vast debts spark awe – and some bitterness – in ChinaThe revelation that Rich Dad, Poor Dad author Robert Kiyosaki has amassed a staggering debt pile has sparked heated discussion in China, where property investors have suffered painful losses in recent years amid a deep market downturn. The 79-year-old Japanese-American author, who inspired generations of investors to take on leverage to scale up their investments, claimed in a series of podcast interviews over the summer that he owed US$1.2 billion. His ex-wife and long-term business partner Kim...South China Morning Post
BUSINESSSep 5Macao offers Malaysian companies a bridge to China - MCBC chairmanMacao is positioned to provide a link for Malaysian companies seeking access to the Chinese market. This highlights a development in international business and trade relations.thestar.com.my · Malaysia
BUSINESSSep 5China expands currency swap with Egypt as trade ties reach new heightsEgypt’s expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry. Chinese President Xi Jinping and his Egyptian counterpart Abdel-Fattah el-Sisi this week backed greater use of their currencies, while linking closer financial ties to plans for new factories, energy projects and digital infrastructure. A joint statement released on Wednesday during Xi’s state visit to Cairo...South China Morning Post
BUSINESSSep 5Japan, US to advance cooperation on US$550 billion trade dealJapan and the United States have confirmed they will advance cooperation on investing in strategic sectors and honour the other terms of a trade deal they reached last year, even though President Donald Trump’s tariff policies have changed significantly over time. “We reaffirmed that last year’s agreement remains unchanged,” Japan’s Trade and Industry Minister Ryosei Akazawa told reporters in Washington on Friday, after meeting Commerce Secretary Howard Lutnick and US Trade Representative...South China Morning Post
BUSINESSSep 5After 66 years, Kau Kee’s first shop offers fish balls ‘every Hongkonger has eaten’Anita Lee Yan-kwan grew up around a traditional business that supplied fish balls to Hong Kong’s street food stalls and eateries. But for decades, Kau Kee Food Factory’s signature product was known only among industry operators until Lee, a second-generation owner, opened the company’s first retail store late last year. Kau Kee has operated as a silent giant in the food industry for 66 years, supplying its fish balls to nearly 1,000 eateries and snack stalls across the city. But it finally...South China Morning Post
BUSINESSSep 5Hưng Yên longan finds new digital marketsLongan fruit from Hưng Yên is reportedly accessing new digital markets. This indicates an expansion of agricultural product distribution through online platforms.vietnamnews.vn · Vietnam
BUSINESSSep 5India and Japan swap young workers for expertise to meet each other needsIndia and Japan are reportedly exchanging young workers to share expertise and address mutual needs. This initiative represents an international collaboration for skill development and labor exchange.scmp.com · China
BUSINESSSep 5India and Japan swap young workers for expertise to meet each other’s needsIndia’s largest-ever business delegation, 200 executives strong, touched down in Japan late last month in search of money, machinery and manufacturing know-how. At its head was Commerce Minister Piyush Goyal, whose four-day tour from August 24 to 27 not only laid the groundwork for next year’s 75th anniversary of diplomatic ties but also worked to solidify an economic partnership now expanding into shipbuilding and defence. “We believe in the principle of continuous improvement and we are...South China Morning Post
BUSINESSSep 5Chinese food delivery platform sparks buzz after rider flies to Singapore for curry puff runA Chinese man dressed in a food delivery uniform has sparked widespread curiosity online after he was seen in Singapore buying curry puffs for a customer in China to fulfil a “cross-border food order.” On August 31, Chloe, a Chinese woman living in Singapore, shared a video depicting the man in a Meituan uniform waiting at Hong Lim Curry Puff, a snack shop located in PLQ Mall, about a 17-minute drive from Changi Airport. Meituan is among China’s largest food delivery platforms. Chloe informed...South China Morning Post
BUSINESSSep 5Malaysia Next Automotive Chapter : From Assembly Lines to Global Value CreationMalaysia's automotive sector is looking to transition beyond assembly lines towards creating global value. This indicates a strategic shift in the country's industrial development.whatech.com · United States
BUSINESSSep 5Silver linings: in Southeast Asia, ageing is big businessHelen Fung’s home felt empty. After her husband died last October, she found herself rattling around a house in Singapore with only a domestic helper she could not get along with for company. She turned down her children’s invitations to move to England, put off by London’s grey winters, and instead checked herself into an assisted living facility. On a recent Monday afternoon in St Bernadette Lifestyle Village at Trevose Crescent, tucked away in the leafy residential estate of Bukit Timah, Fung...South China Morning Post
BUSINESSSep 4U.S. Gulf-to-China VLCC shipping rate reportedly hits record highThe shipping rate for Very Large Crude Carriers (VLCC) from the U.S. Gulf to China has reportedly reached a record high. This development indicates significant movement in global oil trade and shipping costs.Seeking Alpha Tech
BUSINESSSep 4South Korea says Air Products, three other U.S. firms pledge $2B in chip, energy projectsSouth Korea has announced that four U.S. firms, including Air Products, have pledged $2 billion in investments for chip and energy projects. This signifies substantial international economic cooperation and investment in key technological and industrial sectors.Seeking Alpha Tech
BUSINESSSep 4Why Nio Stock Dropped This WeekThis article explores the reasons behind the decline in Nio stock this week. It provides analysis on recent market performance for the company.Yahoo Finance
BUSINESSSep 4Italy is participating to the 26th China International Fair for Investment and Trade ( CIFIT ) which opens in Xiamen from 8 - 11 Sept . Italy is participating in the 26th China International Fair for Investment and Trade (CIFIT) held in Xiamen from September 8-11. This event fosters international trade and investment opportunities between the two nations.vietnamtribune.com · Vietnam
BUSINESSSep 4Dairy Queen to make Hong Kong comeback with 4 stores. Is it scooping up cheap rents?American ice cream chain Dairy Queen will open four Hong Kong outlets in the fourth quarter of this year, as part of an ambitious expansion plan amid a wave of food and retail shop closures across the city. Dairy Queen, an 85-year-old brand, said on Friday that it would launch its flagship store at One Causeway Bay shopping centre on Hong Kong Island in November, followed by three other outlets in Kowloon, the New Territories and the outlying islands before the end of the year. “Following...South China Morning Post
BUSINESSSep 4Hong Kong Disneyland Hotel to close from October 12 for major renovationHong Kong Disneyland Hotel will temporarily close from October 12 for a comprehensive renovation and upgrade, with no completion date announced, as the resort shifts focus to seasonal culinary offerings and immersive storytelling. Hong Kong Disneyland announced on Friday that the Victorian-style property, open since 2005, will be revamped with Disney movie-themed rooms, while retaining the hotel’s classic charm. “As the world’s only Disney resort backed by mountains and facing the sea, this...South China Morning Post
BUSINESSSep 45 ParknShop and contractor staff who forged pay claims plead guilty to fraudFive former employees of Hong Kong supermarket chain ParknShop and its contractors have pleaded guilty to conspiracy to defraud by falsifying workers’ attendance records to cheat the retail giant of HK$3.2 million (US$408,000). The Independent Commission Against Corruption (ICAC) said on Friday that an investigation revealed that the former supermarket employees colluded with contractor staff over two years to deceive ParknShop by falsifying attendance records for 13 warehouse workers who were...South China Morning Post
BUSINESSSep 4Beijing moves to rein in solar price warchinaeconomicreview.com · China
BUSINESSSep 4Taiwan aiming to become key Asian asset management hub : PresidentTaiwan's President has stated the nation's goal to establish itself as a prominent asset management hub in Asia. This indicates a strategic economic focus for the region.focustaiwan.tw · Taiwan
BUSINESSSep 4Malaysian prince ‘more than happy’ to pay US$1.6 billion levy linked to Singapore land dealThe son of Malaysia’s king has dismissed a report that a potential tax bill of more than S$2 billion (US$1.6 billion) is complicating his plans to sell 16.6 hectares (41 acres) of land in Singapore, saying he was “more than happy” to absorb levies on both sides of the causeway. “As a regular taxpayer, this is normal. No complication and more than happy to contribute to both countries. Should make it double,” Tunku Ismail Sultan Ibrahim posted on social media on Thursday, hours after the...South China Morning Post
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