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Ping An expands digital personal care in China

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17-Jul-18 Chinese healthcare platform, Ping An Healthcare & Technology, is rolling out its "One-Minute Consultation + One-Hour Drug Delivery" service in over 80 cities throughout the nation. [image: CosmeticsDesign-Asia]

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Apple launches USD300 mn clean energy fund in China

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13-Jul-18 Apple has launched a new clean energy fund in China, aimed at providing enough energy to power almost one million homes. The tech giant and 10 partners will jointly invest USD300 mn to connect suppliers with renewable energy sources. [image: Apple Newsroom]

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WeChat Pay to keep overseas focus on outbound tourism

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11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]

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Singapore's Esco Group to open innovation centre in China

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02-Jul-18 Singapore-based life sciences tech company Esco Group will be investing RMB100 mn (USD15 mn) into opening an innovation centre in Jiangsu, China, to capture China’s healthcare sector boom. The new unit is scheduled to be completed by late 2019. [image: Esco Group]

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India boosts Asian growth, as Latam and the Middle East look positive

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Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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