AsiaConnect Team

Driven by contrarian bets, 3one4 Capital launches a $200 million new fund.

An Indian venture capital firm called 3one4 Capital recently sent its partners on a road trip to solicit money for…

Education in the metaverse is booming in South Korea, Japan, and Taiwan.

While widespread acceptance of future technology is still uncertain, teaching uses VR. While new technology in this area struggles to…

The IMF projects that China and India will account for half of global economic growth in 2023.

The International Monetary Fund expects that China and India will provide more than half of this year’s global growth, highlighting…

The first complete Canton Fair after the epidemic saw a decline in export orders in China.

The value of signed export orders decreased from pre-pandemic levels at the first full return of China’s largest trade fair,…

Small-group tours transport foreign visitors to rare places in Japan.

A Tokyo-based small group tour firm is dedicated to serving the demands of international tourists, many of whom choose to…

Praktis receives $20 million to support the supply chains of Indonesian D2C brands.

In Indonesia, small and medium-sized businesses account for 60% of the GDP. However, D2C businesses still find it difficult to…

Meesho of India eliminates 251 positions to “accelerate the timeline to profitability.”

Meesho reduced its personnel by 15%, or 251 positions, on Friday as the Indian social commerce company trimmed costs to…

While hosting SCO foreign ministers, India talks tough on terrorism.

An indirect jab at Pakistan was made by India’s foreign minister when he said that avenues for funding terrorists “must…

Ajay Banga, who was nominated by the United States, has been elected as the President of the World Bank by its board

On Wednesday, the World Bank’s board of governors announced the election of Ajay Banga, a former CEO of Mastercard, as…

The Adani Group of India has divested its Myanmar port, incurring a loss of $30 million.

Adani Ports and Special Economic Zone, a subsidiary of the Adani Group in India, has finalized the sale of its…