Nestle’s (NESN.S) Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant’s metal ones, which despite being recyclable often end up in landfill. Nespresso CEO Guillaume Le Cunff told Reuters that not all...
Australia’s Qantas Airways Ltd (QAN.AX) raised its first-half pre-tax profit outlook on Wednesday on strong travel demand, with limits on international capacity helping boost domestic tourism, sending its shares to more than a two-year high. In its second profit upgrade in six...
Singapore on Wednesday forecast its economic growth would slow in 2023 amid persistent inflation and global pressures that would hit demand for the city-state’s outward-oriented industries like trade and finance. Gross domestic product (GDP) is expected to rise by 0.5%...
Japan’s Mazda Motor Corp (7261.T) on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery production. The company also raised its sales target for electric vehicles (EVs) to up to 40%...
Updated COVID-19 boosters offer increased protection against new coronavirus subvariants in people who have previously received up to four doses of the older vaccine, based on data from the first study to assess how the retooled shots are faring in...
Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protege of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy and opposition leader. Anwar, 75, vowed to fight corruption and...
An earthquake that struck Indonesia’s West Java killed at least 268 people, many of them children, with 151 still missing, disaster relief officials said on Tuesday, as rescuers searched the rubble of destroyed buildings for survivors. The shallow 5.6-magnitude quake...
ADB study favors limiting the use of gasoline motorcycles for specific zones over subsidizing electric-powered units. Indonesia, Southeast Asia’s largest economy, is decarbonizing the transport sector by shifting to electric vehicles, including e-motorcycles. More than 120 million motorcycles are currently...
Good news to fans of the luxury SUV, Range Rover Sport. Indera Motors, the sole distributor of Jaguar Land Rover (JLR) is introducing the Range Rover Sport into the Bruneian market. First introduced in 2005, the Range Rover Sport sets...
In the months of September and October 2022, three local companies were ordered to settle fines at the Magistrate’s Court for failing to comply with Section 52(1) of Income Tax Act (Section 35), which is failing to submit Income Tax...
