JULYASIA BUSINESS OUTLOOK8NEWSROOMSINGAPORE'S DTCPAY EXPANDS APAC REACH THROUGH TP PARTNERSHIP SUPPORTSingapore-based digital payments company dtcpay has partnered with TP APAC to strengthen its customer support operations as it expands across the Asia-Pacific region. The partnership is aimed at improving service quality for businesses using dtcpay's payment platform while supporting the company's growing customer base.As digital payments become more common across the region, businesses are looking for providers that offer not only secure transactions but also dependable customer service. By working with TP APAC, dtcpay hopes to deliver faster responses, better multilingual support, and a smoother experience for its enterprise clients. Chinese automaker Chery has taken over a former Nissan manufacturing plant in South Africa, marking a major step in its plans to grow across Africa. The company will convert the Rosslyn facility into its regional vehicle manufacturing hub, helping it produce vehicles closer to customers while strengthening its position in one of the continent's largest automotive markets. The acquisition comes as Chinese automakers continue to expand overseas in search of new growth opportunities. With competition intensifying in China, companies are increasingly investing in international manufacturing bases. Chery's latest move is expected to boost local vehicle production, create jobs, and support the development of South Africa's automotive industry. Sony is preparing to make one of the biggest changes in PlayStation history by ending physical game discs for new titles from January 2028. The decision reflects a growing shift in the gaming industry, where digital downloads have become the preferred way for players to buy and access games. The company said the move is driven by changing consumer habits, with more gamers choosing the convenience of digital purchases over boxed copies. As online gaming, cloud services, and digital distribution continue to expand, Sony believes the future of gaming is increasingly digital. CHERY EXPANDS AFRICA FOOTPRINT WITH SOUTH AFRICA FACTORY ACQUISITIONSONY TO END PLAYSTATION GAME DISCS BY 2028, EMBRACING DIGITAL FUTUREBYD BETS ON HYBRID GROWTH AS SOUTH KOREA ENDS EV SUBSIDIESSouth Korea's decision to remove Chinese automaker BYD from its electric vehicle (EV) subsidy program is expected to push the company to focus more on plug-in hybrid electric vehicles (PHEVs) as it works to strengthen its position in one of Asia's most competitive automotive markets.The policy change, which came into effect on July 1, means BYD's battery electric vehicles no longer qualify for government purchase incentives after the company failed to meet South Korea's updated subsidy requirements. The announcement came just days after BYD introduced its first plug-in hybrid model in the country, highlighting a shift in strategy that could help the automaker maintain its momentum despite the loss of subsidies.
< Page 7 | Page 9 >