Nikkei ScoutAsia

In her 2024-25 Interim Budget speech, Finance Minister Nirmala Sitharaman announced a significant push to promote electric vehicle (EV) adoption in India. The government plans to support EV manufacturing, establish charging infrastructure, and introduce electric buses for public transport. However, the EV industry's expectations were tempered by a substantial 55.58% cut in the FAME scheme allocation, raising concerns about funding distribution. To find out more, check out https://www.scout.asia/ #India #ElectricVehicle #Budget #Government

Would next unicorn in Indonesia emerge from Agrifood sector? Well, VCs are increasingly paying attention to agrifood tech start-ups and with agriculture and related industries emerging as promising investment opportunities, there's a growing push to innovate and secure the nation's food production capabilities amidst global uncertainties. To find out more, check out https://www.scout.asia/ #agrifood #agritech #indonesia #vc #startup #climate

Amid concerns over food security and the impacts of the El Niño weather phenomenon, Indonesia is facing pivotal challenges in its agricultural sector. As the government bolsters rice reserves and procurement efforts, Indonesian venture capital is increasingly turning its focus towards agrifood tech start-ups. With agriculture and related industries emerging as promising investment opportunities, there's a growing push to innovate and secure the nation's food production capabilities amidst global uncertainties. To find out more, check out https://www.scout.asia/ #Indonesia #ClimateChange #Agriculture #FoodSecurity

Nikkei in partnership with Ireland Japan Chamber of Commerce will be hosting “Japan's Tourist Industry: Change in the Last 10 Years and What’s Beyond” on July 9th. We will discuss Japan’s tourism boom and unique chances it offers for growth and development on multiple industries nationwide. Networking session will also be held after the presentation. Free registration: https://lnkd.in/gmB2WVPk

Nikkei in partnership with Ireland Japan Chamber of Commerce will be hosting “Japan's Tourist Industry: Change in the Last 10 Years and What’s Beyond” on July 9th. We will discuss Japan’s tourism boom and unique chances it offers for growth and development on multiple industries nationwide. Networking session will also be held after the presentation. Free registration: https://lnkd.in/gmB2WVPk

The fruit and vegetable export industry in Vietnam is poised for a record-breaking year in 2024, potentially surpassing the $6 billion USD turnover goal and nearing the $7 billion USD milestone. This optimistic forecast is driven by proactive measures from the Ministry of Agriculture and Rural Development (MARD), which is intensifying efforts to boost the sector's growth. Concurrently, Vietnam’s bubble milk tea market is experiencing robust expansion, with an impressive compound annual growth rate of 9%. To find out more, check out https://www.scout.asia/ #Vietnam #Agriculture #Export #FoodIndustry

U.S. Secretary of State Antony Blinken extended congratulations to President-elect Lai Ching-te, stressing the global importance of maintaining peace in the Taiwan Strait given Taiwan's pivotal role in the semiconductor industry and critical shipping routes. Furthermore, plans are underway for a strategic security dialogue involving lawmakers from the U.S., Japan, and Taiwan. To find out more, check out https://www.scout.asia/ #Taiwan #US #Japan #internationalrelations #elections

The recent Taiwan presidential election, won by Lai Ching-te, marks a pivotal moment in global politics, intensifying the strategic rivalry between China and the US. As China's Xi Jinping views Taiwan's democracy as a direct challenge, his administration ramps up military activities, raising regional tensions and impacting US military strategy in the western Pacific. Additionally, diplomatic friction between China and the Philippines, following Manila's congratulations to Lai, highlights the growing geopolitical complexities in the South China Sea. To find out more, check out https://www.scout.asia/ #China #Taiwan #geopolitics #diplomacy #democracy

Big problem seeks new technology to solve that headache, and "fraud" is definitely one of the big problems in financial sector. The situation in Vietnam is interesting case study. To discover more, check out https://www.scout.asia/ and sign up here to receive this newsletter today! https://lnkd.in/grxfHRGh #Vietnam #fintech #banking #fraud #internationaltrade #technology

In Vietnam, banking data was exploited in 91% of financial fraud cases reported this year, necessitating updates to Vietnam's legal framework to combat fraud effectively. Enhancing these regulations will support fintech innovation, reducing traditional barriers and fostering international trade. To find out more, sign up here to receive this newsletter today! https://lnkd.in/grxfHRGh #Vietnam #fintech #banking #fraud #internationaltrade