economic downturn

New Business

Chinese AI firm SenseTime downsizes Singapore office amid post-ChatGPT competition

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to…

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New Business

Hong Kong’s Community Chest feels the pinch as cracks in economy, markets hit donations

It is the season to give as the year-end festivities approach. But cracks in the economy in recent years have…

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Tech

Hong Kong electronics firm PC Partner eyes new home base, secondary listing in Singapore

Hong Kong computer electronics manufacturer PC Partner Group, which assembles video graphics cards based on Nvidia’s processors, will move its…

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New Business

China’s embattled restaurants, embroiled in price war, struggle to stay afloat

In Beijing, profits of the catering companies with annual revenues exceeding 2 million yuan (US$280,750) fell to 180 million yuan…

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