South Korea’s education success falters in evolving economy
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SOUTH KOREA’s education system, a key driver of the nation’s economic success, is facing increased criticism ranging from failing to meet the…
Unilever leads pack on price rises as consumer goods industry squeezed
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REUTERS LONDON — Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a…
Germany’s BioNTech says to set up mRNA vaccine facility in Singapore
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BIONTECH SE, the German biotech that developed a widely used COVID-19 vaccine with Pfizer Inc PFE.N, acquired a manufacturing facility in Singapore,…
Macau casinos expected to invest around $12B over next 10 years — media
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Brenden Brain/CC BY-SA 3.0/Wikimedia Commons HONG KONG — Macau casino operators, vying for a license in the world’s biggest gambling hub, are…
Indonesia, ADB launch first coal power plant retirement deal
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CIREBON POWER NUSA DUA, Indonesia — Indonesia, the Asian Development Bank (ADB), and a private power firm are teaming up to refinance…
As world population hits 8 billion, China frets over too few babies
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TOM BOOTH/FLICKR BEIJING/HONG KONG — Chinese software developer Tang Huajun loves playing with his two-year-old in their apartment on the outskirts of…
IMF says global economic outlook getting ‘gloomier,’ risks abound
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UNSPLASH WASHINGTON — The global economic outlook is even gloomier than projected last month, the International Monetary Fund (IMF) said on Sunday,…
FTX collapse being scrutinized by Bahamas authorities
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REUTERS NASSAU, Bahamas — The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who…
[B-SIDE PODCAST] Rehabilitating the Cultural Center of the Philippines
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Follow us on Spotify BusinessWorld B-Side Designed by National Artist for Architecture Leandro V. Locsin, the Cultural Center of the Philippines (CCP) will…
Nonprofit group I am M.A.D. stages grandest convention on volunteerism, mental health
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The volunteers of I am M.A.D. (Making A Difference) pose for a souvenir photo. Nonprofit organization and volunteer-powered I am M.A.D. (Making…