AsiaBusinessOutlook >> Hydrogen Economy: Paving the Way for a Sustainable Future

Hydrogen is very abundant in nature in a compound state(water). Its plentiful nature has presented itself as an alternative fuel, and this has been noticed by governments, investors and industries looking at this element as a viable solution..., Hydrogen Economy: Paving the Way for a Sustainable Future

AsiaBusinessOutlook >> China Overtakes USA as India's Largest Trade Partner

China has regained its status as India's primary trading ally, outpacing the United States for the first time in two years, as per the most recent data unveiled by the Global Trade Research Initiative (GTRI). In the fiscal year 2024, bilateral tra..., China Overtakes USA as India's Largest Trade Partner

AsiaBusinessOutlook >> Indian Battery Maker Altmin Seeking to Secure Lithium from Australia

Indian battery materials producer Altmin is in discussions with the Australian government to secure lithium supplies, as part of its expansion strategy to address the growing demand for this critical mineral. Anjani Sri Mourya Sunkavalli, the comp..., Indian Battery Maker Altmin Seeking to Secure Lithium from Australia

AsiaBusinessOutlook >> USAID to Supply LiDAR Units to Kyrgyzstan through Power Central Asia initiative

The U.S. Agency for International Development (USAID), through its Power Central Asia initiative, has supplied Kyrgyzstan's Ministry of Energy with a Light Detection and Ranging (LiDAR) unit. According to the U.S. Embassy in Kyrgyzstan, the precis..., USAID to Supply LiDAR Units to Kyrgyzstan through Power Central Asia initiative

AsiaBusinessOutlook >> EU Member Nations to Vote on Increasing Tariffs on Chinese EVs

The European Union (EU) and China have agreed to continue discussions regarding the EU's proposal to impose additional tariffs of up to 36.3% on imported Chinese electric vehicles (EVs). This decision comes amid deteriorating relations between the..., EU Member Nations to Vote on Increasing Tariffs on Chinese EVs

AsiaBusinessOutlook >> Malaysia based KHPT Holdings Bhd rises 45% on ACE Market debut

The shares of KHPT Holdings Bhd, a manufacturer of automotive parts and components, surged by 45% on its first day of trading on the ACE Market of Bursa Malaysia after its RM21.73mil initial public offering (IPO). The company entered the market..., Malaysia based KHPT Holdings Bhd rises 45% on ACE Market debut

AsiaBusinessOutlook >> Dassault, MARii and Feiran Partner to Make Malaysia ASEAN Automotive Hub

Dassault Systèmes, the Malaysia Automotive, Robotics and IoT Institute (MARii), and Feiran Technology have announced a strategic partnership aimed at transforming Malaysia into a leading automotive hub in the ASEAN region. The three parties signed..., Dassault, MARii and Feiran Partner to Make Malaysia ASEAN Automotive Hub

AsiaBusinessOutlook >> Saudi Aramco CEO Optimistic About China's Oil Demand

The head of the state-owned oil giant, Saudi Aramco, stated that the company is "fairly bullish" on China's oil demand, particularly in view of the government's stimulus package, which aims to increase GDP. , Saudi Aramco CEO Optimistic About China's Oil Demand

AsiaBusinessOutlook >> China Halts EV Makers from Looking for Production Sites in EU

China is urging its automakers to hold off on expanding into the European Union (EU) due to growing trade tensions surrounding electric vehicles (EVs). According to sources, Chinese officials have advised manufacturers to temporarily pause their s..., China Halts EV Makers from Looking for Production Sites in EU

AsiaBusinessOutlook >> China Continues Pause on EV Investments in EU

Two people briefed on the matter said China has told its automakers to halt major investments in European countries that support extra tariffs on Chinese-built electric vehicles, a move likely to further divide Europe. The new European Union tar...., China Continues Pause on EV Investments in EU