AsiaBusinessOutlook >> MAS Announces 500 Million for Green Projects

Singapore has finally publicized the updates on its Financing Asia’s Transition partnership also known as FAST-P. Managing director of the Monetary Authority of Singapore (MAS) Chia Der Jiun announced on May 7, that in the upcoming months US..., MAS Announces 500 Million for Green Projects

AsiaBusinessOutlook >> CALT: EVs Will Make Up Half of China's Heavy Truck Sales by 2028

According to a media report, the chairman of battery maker CATL stated on Sunday (May 18) that electric vehicles could account for half of China's heavy truck sales by 2028, up from 10% in 2024., CALT: EVs Will Make Up Half of China's Heavy Truck Sales by 2028

AsiaBusinessOutlook >> Foxconn and NVIDIA to Construct AI Supercomputer in Taiwan

Foxconn, Taiwan technology giant Hon Hai company, has announced a collaboration with NVIDIA to build an AI supercomputing center of excellence in Taiwan. The partnership will help spur artificial intelligence research and development a..., Foxconn and NVIDIA to Construct AI Supercomputer in Taiwan

AsiaBusinessOutlook >> Xiaomi Commits to Long Term Chip Development with Major Investment

China’s tech giant Xiaomi is investing 50 billion Yuan (USD 6 billion) in manufacturing its high-end smartphone chips. Xiaomi is known for its high-tech goods like smartphones, vacuum cleaners and electric vehicles. This new step from t..., Xiaomi Commits to Long Term Chip Development with Major Investment

AsiaBusinessOutlook >> India Clears Rs. 4,594 Cr Semiconductor Projects in 3 States

India approves ₹4,594 crore semiconductor projects in Odisha, Andhra Pradesh, and Punjab, backed by global partnerships to boost chip manufacturing and create 2,000 skilled jobs., India Clears Rs. 4,594 Cr Semiconductor Projects in 3 States

AsiaBusinessOutlook >> China Exits $60B CPEC Project, Pakistan Seeks ADB Funding

China has walked away from the most ambitious China-Pakistan Economic Corridor (CPEC) project, the Main Line-1 (ML-1) railway upgrade in one of the most significant geopolitical realignments. , China Exits $60B CPEC Project, Pakistan Seeks ADB Funding

AsiaBusinessOutlook >> Kaynes & UST Join Hands for Major Semiconductor Plant

Kaynes Semicon Private Limited on Monday said it has formed a strategic tie-up with UST, a leading global AI and technology transformation solutions company, to establish a Rs.3,330 crore Outsourced Semiconductor Assembly and... , Kaynes & UST Join Hands for Major Semiconductor Plant

AsiaBusinessOutlook >> Taiwan Says China's Rare Earth Curbs Won't Hit Chip Sector

Taiwan says China’s new rare earth export curbs won’t affect its semiconductor industry, though EVs and drones could face some supply chain impact., Taiwan Says China's Rare Earth Curbs Won't Hit Chip Sector

AsiaBusinessOutlook >> Baidu & PostBus to Launch Autonomous Rides in Switzerland

Baidu’s Apollo Go and PostBus will launch AmiGo, an autonomous EV ride-hailing service in Switzerland, marking a milestone in European smart mobility., Baidu & PostBus to Launch Autonomous Rides in Switzerland

AsiaBusinessOutlook >> NavPrakriti Launches Eastern India's First Lithium Battery Plant

NavPrakriti launches Eastern India’s first lithium-ion battery recycling plant, driving green innovation and sustainable energy growth., NavPrakriti Launches Eastern India's First Lithium Battery Plant