CNBC InternationalYou may have heard about "quiet quitting" this summer. The term, which means doing what's required at work and no more, went viral on the TikTok app after a New York software engineer posted a video on the trend.
Yet the rejection of hustle culture started in China long before it was popularized in the West.
"I talk with my friends, and they often use that term like 'tang ping,' I really want to lie down and I don't want to do my job and don't want to achieve something," said Dian Gu, who works as a content specialist for an internet company in China.
Since 2021, the internet in China has been awash with the phrases tang ping, which means "lying flat" in Mandarin, and more recently bai lan, which means "let it rot." This has coincided with many young people in China becoming increasingly frustrated with both their personal and professional lives.
Unlike most countries, China has continued to pursue a zero-Covid strategy, which requires strict and sudden lockdowns and extensive testing for cities experiencing outbreaks, confining hundreds of millions of Chinese people to their homes.
As a result, the economy has slowed and unemployment is rising. The labor market has shrunk since 2019, and there is fierce competition for white-collar jobs.
"We could definitely link this wave of quiet quitting and rethinking work, to an inherent lack of satisfaction with what is out there in terms of job availability," said Maria Kordowicz, an associate professor in organizational behavior at the University of Nottingham.
So is China's hard-working culture about to change? Watch our video above to find out more.
Quiet quitting was happening in China before the rest of the world caught onCNBC International2022-10-10 | You may have heard about "quiet quitting" this summer. The term, which means doing what's required at work and no more, went viral on the TikTok app after a New York software engineer posted a video on the trend.
Yet the rejection of hustle culture started in China long before it was popularized in the West.
"I talk with my friends, and they often use that term like 'tang ping,' I really want to lie down and I don't want to do my job and don't want to achieve something," said Dian Gu, who works as a content specialist for an internet company in China.
Since 2021, the internet in China has been awash with the phrases tang ping, which means "lying flat" in Mandarin, and more recently bai lan, which means "let it rot." This has coincided with many young people in China becoming increasingly frustrated with both their personal and professional lives.
Unlike most countries, China has continued to pursue a zero-Covid strategy, which requires strict and sudden lockdowns and extensive testing for cities experiencing outbreaks, confining hundreds of millions of Chinese people to their homes.
As a result, the economy has slowed and unemployment is rising. The labor market has shrunk since 2019, and there is fierce competition for white-collar jobs.
"We could definitely link this wave of quiet quitting and rethinking work, to an inherent lack of satisfaction with what is out there in terms of job availability," said Maria Kordowicz, an associate professor in organizational behavior at the University of Nottingham.
So is China's hard-working culture about to change? Watch our video above to find out more.
Twitter: twitter.com/CNBCiA hot lap with F1s Max VerstappenCNBC International2024-10-18 | Just one more day until 'Inside Track: The Business of Formula 1' premieres on CNBC.
Here is some bonus content to tide you over until then. Watch the show's executive producer Jen Northam attempt to grill driver Max Verstappen in the midst of a hot lap.
Watch episode one 'The Dealmakers' on Saturday, 6 pm local in Singapore, Australia (SYD), Europe (CET), and Mexico.
WhatsApp: bit.ly/CNBCiWhatsAppThe worlds most advanced humanoid robotCNBC International2024-10-17 | Ameca is the latest and most advanced iteration of two-decades of robot development from Engineered Arts, a humanoid manufacturer based in Cornwall, England.
WhatsApp: bit.ly/CNBCiWhatsAppMeet the worlds most advanced humanoid robotCNBC International2024-10-17 | Standing in the office of Will Jackson, founder of Engineered Arts, is Ameca, a robot that can talk and move like a human.
It is the latest and most advanced iteration of two-decades of robot development from Engineered Arts, a humanoid manufacturer based in Cornwall, England.
Ameca is an advanced piece of machinery, designed to interact with humans for entertainment and social purposes.
Its head alone contains 27 motors that help it replicate human facial movements. It has cameras in each of the eyes to allow Ameca to "see" the world around it.
The robot also has the ability to understand and respond to questions posed by humans. How? Ameca can run large artificial intelligence models, the kind that underpin ChatGPT. Currently, Engineered Arts is trialing GPT 4, the latest AI model from OpenAI.
Ameca can also tell jokes, respond in voices of celebrities or famous TV characters, and even dance. She even addressed concerns about whether robots pose a threat to humanity.
The robot cannot yet walk, but Engineered Arts is working on technology to allow Ameca to do so.
Watch CNBC Tech: The Edge's visit to Engineered Arts' headquarters in Falmouth, U.K., and even a short interview with Ameca, in the video above.
WhatsApp: bit.ly/CNBCiWhatsAppFrom guns to politics: See which factors are deterring Southeast Asians from visiting the U.S.CNBC International2024-10-15 | More than 90% of travelers from Southeast Asia say that gun prevalence in the United States influences whether they will visit, according to a new survey.
CNBC’s Monica Pitrelli discusses the factors shaping their perceptions of visiting the United States. -----
WhatsApp: bit.ly/CNBCiWhatsAppInside Track: The Business of Formula 1CNBC International2024-10-14 | High speed, high tech and filled with high-flyers – Formula 1 is the world’s most elite motorsports league and, in recent years, has experienced rapid growth in attendance, viewership and market value.
CNBC’s new season of “Inside Track: The Business of Formula 1” takes a look at the business to find out what is fueling its popularity and who is profiting.
Tune in on Saturdays at 6 p.m. local time in Singapore, Australia (SYD), Europe (CET), and Mexico on CNBC.
WhatsApp: bit.ly/CNBCiWhatsAppMeet the Singapore-based telco disruptor with the knack for a viral campaignCNBC International2024-10-13 | Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match.
"For the longest time, the telco industry has been talking about the same challenge, but not doing much,” Circle co-founder and CEO Rameez Ansar told CNBC’s Marketing.Media.Money.
Based in Singapore, Circles was founded in 2014 with the goal of revolutionizing the customer experience. Its business is divided into two key units – a mobile network and a software-as-a-service department.
“We made people understand that if you want to transform an industry, it goes down to changing your entire way you think about your technology,” Ansar added.
Since its inception, the company’s tongue-in-cheek and sometimes provocative marketing campaigns have become synonymous with the brand.
“We cannot please everybody. If you're putting out something that has to please everyone, we'll only have vanilla in the world, and vanilla is a boring flavour,” said Ajay Sampath, the group head of brand and marketing for Circles.Life.
Learn more about Circle’s marketing strategies by watching the video above.
WhatsApp: bit.ly/CNBCiWhatsAppiPhone Maker Foxconn wants to make EVs for car companiesCNBC International2024-10-11 | The world’s largest contract manufacturer of electronics, Hon Hai Technology Group has pivoted into the electric vehicle space in recent years.
CNBC’s Emily Tan delves into Hon Hai Technology Group's EV ambitions in an exclusive interview with Chairman Young Liu. -----
WhatsApp: bit.ly/CNBCiWhatsAppInside the factory where robots could eventually build themselvesCNBC International2024-10-10 | Agility Robotics is the creator of Digit, a humanoid robot that is being tested by the likes of Amazon and GXO Logistics. The robot is currently being made and tested at its "RoboFab" facility.
WhatsApp: bit.ly/CNBCiWhatsAppInside the worlds first humanoid factory, where robots could eventually build themselvesCNBC International2024-10-10 | About 30 miles from the company's headquarters in Oregon, Agility Robotics has built "RoboFab," a facility designed to scale up the production of its bipedal robot, Digit.
It is the first factory dedicated to building humanoid robots, according to the privately held company, which has already begun testing Digit with high-profile clients like Amazon and GXO Logistics.
"It's been in production for about a year. The capacity of this 70,000 square foot facility is 10,000 units a year. We will roll up to that over the next couple of years," said Peggy Johnson, CEO of Agility Robotics, in an interview with CNBC Tech: The Edge.
Digit was designed to take up repetitive and mundane manufacturing tasks, helping to close the labor gap in the logistics sector.
"There's over a million jobs in the logistics area alone that are going unfilled. Robots like Digit can step in and take those tasks off their hands," Johnson said.
"What we're seeing is this is typically a part of the job that they don't like. We can offload that, free up that human to have more cycles in their day, to learn new skills," she added.
Agility has raised $190 million since it was first founded in 2015. It launched the fourth version of Digit in October 2024 and is already working on the next iteration.
"In the next generation, we will incorporate what's known as collaborative safety, where you can have humanoids working alongside humans. We'll have incorporated AI more fully, and of course, we'll have the ability to have Digit recharge itself through our stand," Johnson said.
Embedded with artificial intelligence, as well as large language and robotics foundation models, Digit's fifth generation will be trained in new skills, such as following commands throughout the day and performing tasks without human interference.
The end goal, according to Johnson, is for the robots to be able to build future versions of themselves.
Watch the video above for an up-close look at Digit and the RoboFab factory.
WhatsApp: bit.ly/CNBCiWhatsAppCould Apple be launching a smart ring by 2026?CNBC International2024-10-09 | Apple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant’s focus on health.
Samsung launched the $399 Galaxy Ring this year adding to the tech giant’s portfolio of products from smartphones to smartwatches as it looks to keep users locked into its world of devices.
CCS Insight Chief Analyst Ben Wood said a ring launch fits in with Apple CEO Tim Cook’s focus on health. -----
WhatsApp: bit.ly/CNBCiWhatsAppEver wanted a personal assistant? An AI one could be around the cornerCNBC International2024-10-08 | AI personal assistants have been spotted in movies and other pop culture. Now tech giants are trying to bring those to your phones. Ben Wood, chief analyst at CCS Insights, talks to CNBC's Tom Chitty and Arjun Kharpal about his firm's annual predictions report and why he thinks that we could have an AI model trained on our own personal data by 2025.
00:00 - Introduction 00:30 - Welcome 01:45 - How to make tech predictions 03:21 - Stat of the week 04:06 - The thesis behind the prediction 07:48 - How would it work? 09:21 - Why Apple? 11:32 - How other companies could compete 13:31 - Will people want it? 15:15 - The impact of software fragmentation 17:40 - How will this work across devices? 19:32 - The intersection with health 22:10 - Apple and personal health 24:34 - Other predictions 26:40 - How past predictions have fared 32:40 - Stat of the week revealThe Rise of Grab: How I built a $2 billion a year super appCNBC International2024-10-07 | Anthony Tan is the co-founder and CEO of Grab, a "super app" that has built itself into the very infrastructure of eight major Southeast Asian countries.
Grab provides day-to-day services, such as ride-hailing, payments and food delivery, to over 35 million users. It is also a source of income for more than 13 million drivers and merchants.
The company went public on the Nasdaq in 2021 and brought in $2.36 billion in revenue in 2023, according to documents reviewed by CNBC Make It.
Yet, despite coming from a wealthy Malaysian family and attending Harvard Business School, Tan said his journey to success has been far from easy.
"My father used to remind me, 'Your grandfather beat this into our heads, and now it's our turn to beat it into yours. You can sleep all you want when you're dead,'" Tan said.
Fierce competition from Uber and family turmoil were just some of the barriers he had to overcome over the years.
"In a weird kind of way, I'm grateful because it helped me realize I had no other option but to make it work," Tan said.
"Those pushed me to say, 'Look, I can create something that solves real societal problems,'" he added.
Watch the video above to learn more about Grab's rise, as well as what the company hopes to accomplish next.
WhatsApp: bit.ly/CNBCiWhatsAppJapan’s largest rice shortage in years is exacerbated by sushi-hungry tourists, weatherCNBC International2024-10-04 | Sushi, onigiri and yakitori don — Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall in decades.
CNBC’s Lee Ying Shan delves into the factors behind this crisis and its effect on the economy. Tap the link in our bio to read the full story. -----
Despite it being more difficult and expensive, there are a number of benefits to making our machines more like us - from making them more practical for a human-designed world to lending them greater credibility.
CNBC's Arjun Kharpal finds out more in the latest episode of CNBC Tech: The Edge.
WhatsApp: bit.ly/CNBCiWhatsAppWhy are we so obsessed with making human-like robots?CNBC International2024-10-03 | Once the stuff of science fiction, robots that move and look like humans are becoming a reality.
So-called humanoid robots are often designed to walk and talk, and makers of the machines tout a range of possible uses, including filling jobs in factories and even hospitals.
In 2024, there has been record levels of funding into companies developing humanoid robots, according to CB Insights.
Tesla is among some of the high-profile companies developing humanoids.
And with the growing capabilities of artificial intelligence, robot makers are finding ways to enhance their machines, including with the ability to respond to a human's questions.
So, why are humanoid robots being developed and how do they work? Watch the video above to learn more.
WhatsApp: bit.ly/CNBCiWhatsAppReal threat of oil supply disruptions after latest Iran-Israel escalationCNBC International2024-10-02 | Israel has vowed retaliation after Iran fired nearly 200 ballistic missiles in response to Israel's devastating attacks on Hezbollah in Lebanon.
Iran on Tuesday launched the strike on Israel in retaliation for its recent killing of Hezbollah leader Hassan Nasrallah and an Iranian commander in Lebanon. Most of the missiles launched were intercepted by Israeli and U.S. defenses, and there were no reported fatalities in Israel as a result of the attack.
WhatsApp: bit.ly/CNBCiWhatsAppWhats China doing in AI?CNBC International2024-09-30 | American companies including Nvidia, Google and OpenAI are leading the artificial intelligence boom, but Chinese companies are developing their own products and services in a bid to catch up.
CNBC's Tom Chitty and Arjun Kharpal discuss the state of China's AI landscape and if the country's tech firms can compete with the U.S.
WhatsApp: bit.ly/CNBCiWhatsAppChina’s economy shows mixed signals amid struggles and emerging opportunitiesCNBC International2024-09-29 | It’s getting late into 2024 and the world is still worried about China.
The country is still reeling from the effects of widespread lockdowns since 2020, showcased through weaker GDP, a struggling stock market, and high unemployment — dashing hopes of a quick post-pandemic rebound.
CNBC’s Zahra Tayeb delves into the ongoing economic challenges facing China and what it means for the global economy.
WhatsApp: bit.ly/CNBCiWhatsAppJapan’s ruling party picks Shigeru Ishiba as next PMCNBC International2024-09-27 | Former defense minister Shigeru Ishiba has won his fifth bid to become the leader of Japan’s ruling party on Friday, lining him up to become the country’s next prime minister.
Ishiba defeated economic security minister Sanae Takaichi, who was vying to become Japan’s first female prime minister, in a runoff after the two won the most votes in the first round in a crowded field of nine candidates.
The 67-year-old veteran politician will succeed outgoing Prime Minister Fumio Kishida, who threw the Liberal Democratic Party for a loop when he announced in August that he would not be running for its top office, effectively ending his three-year term.
WhatsApp: bit.ly/CNBCiWhatsAppDutch neobank Bunq goes on hiring spree, targeting digital nomads, as other fintechs slash jobsCNBC International2024-09-26 | While most fintechs are cutting jobs amid decreased consumer confidence and higher interest rates, Dutch fintech Bunq is on a hiring spree — why is this company bucking the trend?
CNBC’s Ryan Browne delves into Bunq’s bold hiring strategy and ambitious plans for global growth.
WhatsApp: bit.ly/CNBCiWhatsAppWhy the UAE needs the U.S. on side for its AI ambitionsCNBC International2024-09-25 | United States President Joe Biden met with United Arab Emirates President Sheikh Mohammed Bin Zayed met in Washington this week, and one of the big topics on their agenda was the future of AI.
• The UAE aims to become an AI testing ground, with support from leaders like OpenAI’s Sam Altman.
• Last year, the U.S. curbed chip exports to some Gulf states, which limited their access to certain American-made chips.
• However, this month, Microsoft signed a $1.5 billion deal with Abu Dhabi’s A-I and cloud computing company, G42.
• Abu Dhabi’s state-backed firm MGX also announced it will partner with Blackrock and Microsoft for a $100 billion AI infrastructure initiative.
WhatsApp: bit.ly/CNBCiWhatsAppU.S. firms like Nvidia get the attention. But whats China doing in AI?CNBC International2024-09-25 | While American companies including Nvidia, Google and OpenAI have been benificiaries of the artificial intelligence boom, Chinese companies have been developing this own products and services. CNBC's Tom Chitty and Arjun Kharpal discuss the state of China's AI landscape and if the country's tech firms can compete with the U.S.
WhatsApp: bit.ly/CNBCiWhatsAppHidden gems to check out in EnfieldCNBC International2024-09-22 | Fast-rising comedian Emmanuel Sonubi returns home to the London borough of Enfield for the final leg of his comedy tour – and gives CNBC Travel a tour of his favorite places to unwind when he’s in town.
WhatsApp: bit.ly/CNBCiWhatsAppIs hydrogen the aviation fuel of the future?CNBC International2024-09-22 | Bertrand Piccard is the visionary behind Climate Impulse, the very first hydrogen-powered aircraft capable of flying around the world.
But his end goal is to lower aviation's carbon emissions by proving that hydrogen is a viable fuel for air travel.
Listen to one man’s mission to change the way we fly, from this week’s Beyond The Valley podcast. -----
WhatsApp: bit.ly/CNBCiWhatsAppWhy Playstation 5 sold out in China last monthCNBC International2024-09-21 | One reason lies with a Chinese blockbuster game called Black Myth: Wukong.
China’s first attempt at a top-tier video game smashed world records, bolstering the industry’s global ambitions just a few years after Beijing’s gaming crackdown. -----
WhatsApp: bit.ly/CNBCiWhatsAppWhere florist Kaiva Kaimins unwinds in Dalston | Downtime LondonCNBC International2024-09-21 | Florist Kaiva Kaimins may have been born in Australia, but Dalston is home.
Kaimins lives and works in the East London enclave, where she set up her floral studio, My Lady Garden, in 2020.
It is the physical manifestation of her Instagram account by the same name, which she started during flower school in 2016. It now has more than 50,000 followers.
“I eventually wanted to work for myself full time,” Kaimins told CNBC Travel. “I had booked a few events for the summer, so took the leap to start my own studio.”
Covid-19 lockdowns expedited the process. As in-person events were canceled, Kaimins focused on weekly flower deliveries and walk-in flower sales until she could build up her wedding and events business again.
Many of Kaimins’ neighbors have similar stories of pandemic-era side hustles that evolved into full-time careers.
In the latest episode of CNBC’s travel series Downtime, Kaimins gave us a tour of some of her favorites, including:
- Papo’s Bagels, a homage to the New York bagel shop, serving seven varieties including the famous “Everything” bagel. - Dead Good Coffee, a café that turns into a bar by night, with a disco ball and music to match. - Oeno Maris, a fishmonger with a wine bar in the back that hosts regular sashimi nights. - Broadway market, a hub for independent shops and restaurants, perfect for a Sunday stroll. - Dan’s wine shop, a laid-back bar that specializes in natural wines.
Watch the video above for an insider’s look at how to enjoy your downtime in Dalston.
WhatsApp: bit.ly/CNBCiWhatsAppIndia can achieve growth of up to 8%, central bank chief saysCNBC International2024-09-19 | India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. Reserve Bank of India (RBI) Governor Shaktikanta Das spoke exclusively with CNBC's Tanvir Gill. These are her main takeaways.
The RBI is closely watching food inflation and a rise in bank deposit withdrawals. India’s rupee is not ready for full capital account convertibility. -----
WhatsApp: bit.ly/CNBCiWhatsAppWill Taobao in English be a hit in the West?CNBC International2024-09-18 | Chinese e-commerce giant Alibaba’s Taobao shopping app topped the Apple App Store charts in Singapore after releasing an English version on Tuesday — thanks to translations powered by artificial intelligence.
CNBC’s Sonia Heng covers this strategic move as Chinese companies seek to connect with the global markets.
WhatsApp: bit.ly/CNBCiWhatsAppExploding pagers target Hezbollah across Lebanon and SyriaCNBC International2024-09-18 | Exploding pagers target militant group Hezbollah across Lebanon and Syria, killing at least 9 people and injuring thousands more.
➡️ Hezbollah has called the act an "Israeli aggression," Israel has declined to comment on the blasts
➡️ Iran's ambassador to Lebanon was injured, and the son of a Hezbollah member of parliament was killed in the attack.
WhatsApp: bit.ly/CNBCiWhatsAppAre hydrogen planes the future? Behind one man’s mission to change the way we flyCNBC International2024-09-18 | Bertrand Piccard will attempt to fly non-stop around the world in a hydrogen-powered aircraft. But his bigger goal is to help the climate by convincing commercial planes to use hydrogen fuel. CNBC’s Tom Chitty and Arjun Kharpal talk to the Swiss explorer.
00:00 - Introduction 03:30 - Stat of the week 04:00 - What is the aim of the Climate Impulse Project? 05:21 - Why hydrogen? 07:44 - Inspiring clean flying 08:44 - What does it take to build a hydrogen plane? 11:33 - How important is international collaboration 13:42 - How do you transform hydrogen into fuel? 15:39 - Temperature of hydrogen 16:25 - Challenges of storing hydrogen on plane 17:19 - How safe is a hydrogen plane? 18:54 - Solutions to cost of renewable hydrogen 21:10 - Is hydrogen a viable alternative for cars? 23:06: Q&A about the flight - how do you go to the loo? 25:36- Stat of the week revealCommonwealth Secretary-General Patricia Scotland: The CNBC ConversationCNBC International2024-09-17 | Commonwealth Secretary-General Patricia Scotland sits down with Tania Bryer to talk about the organization’s importance, the upcoming Commonwealth Heads of Government meeting and the reign of King Charles III.
WhatsApp: bit.ly/CNBCiWhatsAppWe need to work together to tackle climate change, says Commonwealth Secretary-GeneralCNBC International2024-09-17 | Climate is the top of the agenda at the upcoming Commonwealth leaders' meeting, says Commonwealth Secretary-General Patricia Scotland, in an interview with CNBC's Tania Bryer.
The Commonwealth is a voluntary association of 56 independent countries. The Commonwealth Heads of Government Meeting 2024 (CHOGM) will take place in Apia, Samoa from 21-26 October 2024. Leaders of Commonwealth countries meet every two years to discuss global economic, environmental and security challenges. Watch the full interview on The CNBC Conversation here: cnbc.com/video/2024/09/12/the-commonwealthas-secretary-general-in-conversation.html -----
WhatsApp: bit.ly/CNBCiWhatsAppCommerzbank shares up after UniCredit buys stakeCNBC International2024-09-13 | Commerzbank shares jumped on market open on Wednesday, after Italian bank UniCredit acquired a 4.5% stake in the Frankfurt-based lender from the German government.
The stake acquisition marks the first step in Berlin’s exit from its position in the German lender. -----
WhatsApp: bit.ly/CNBCiWhatsAppAt what age should kids be allowed smartphones? The debate is ragingCNBC International2024-09-13 | As an increasing number of parents become concerned about the negative effects of social media and smartphones, the debate is raging over when kids should be allowed to have a device. Joe Ryrie, the co-founder of Smartphone Free Childhood, a movement that began over WhatsApp, discusses the topic with CNBC's Tom Chitty and Arjun Kharpal.
00:00 - Introduction 00:59 - Stat of the week 01:27 - What is Smartphone Free Childhood? 04:27 - What is the goal? 06:30 - How to reach a consensus among parents 08:14 - Smartphones in school 10:19 - What age should children get smartphones? 11:33 - How to foster a healthy relationship for kids with tech 16:43 - Smartphones vs Social media 19:09 - Addressing the criticism of bans 21:43 - China's tech bans 24:09 - Reactions from around the world 26:51 - Why now? 28:45 - Should tech companies be worried? 32:14 - Stat of the week revealWill the U.S. allow Nvidia chip exports to Saudi Arabia?CNBC International2024-09-12 | #CNBC -----
WhatsApp: bit.ly/CNBCiWhatsAppHow an ‘accidental businesswoman’ transformed one of Singapore’s oldest companiesCNBC International2024-09-12 | Chew Gek Khim has been running Straits Trading since 2008, after her family’s investment company, Tecity Group, took control following a highly public bidding war.
Since then, she’s taken the tin legacy smelting business founded in 1887, and transformed it to focus more on becoming a major player in real estate and hospitality.
“My ultimate ambition is to build businesses that are stable, that are sustainable. They give returns, and that it constitutes a company that people can trust in and invest in,” Chew told CNBC’s Christine Tan in the most recent episode of Managing Asia.
The billionaire’s business is currently constructing its most ambitious project to date: Straits City, an integrated development in the Malaysian state of Penang.
It sits across the water from the popular tourist destination, Penang Island.
“I'm optimistic it’s a game changer for Penang because this whole area, which was at one time looked at as the poorer cousin of Penang Island, is now coming up,” Chew said.
“My vision is for this to be an alternative CBD (central business district) to the island and it's logical because the island is far too congested. It's a UNESCO World Heritage site, which is attractive, but at the same time, that restricts the changes you can make. Whereas down here it's really a white site,” she added.
Learn more about Chew Gek Khim’s leadership style, and how she used it to transform one of Singapore’s oldest companies into a real estate powerhouse in the video.
WhatsApp: bit.ly/CNBCiWhatsAppWhy are so many data centers popping up in Malaysia?CNBC International2024-09-10 | Why are so many data centers popping up in Malaysia? As a part of CNBC's 'Access ASEAN' special report, Southeast Asia reporter JP Ong delves into some key drivers behind this trend.
➡️ Malaysia is seeing billions of dollars in investment – making Malaysia one of Asia’s fastest-growing data center markets.
➡️ Microsoft, Nvidia and TikTok are just some of the tech giants moving in.
➡️ Data centers store the machines and equipment that power the digital economy.
WhatsApp: bit.ly/CNBCiWhatsAppWhy this company is building hydrogen-electric engines for planesCNBC International2024-09-09 | Aviation makes up 3% of global emissions, but it's one of the hardest sectors to decarbonize. British-American company ZeroAvia is developing engines that run on hydrogen to generate electricity and power aircraft without emissions.
➡️ ZeroAvia is going through a certification process with both the FAA in the U.S. and CAA in the U.K.
➡️ Although the switch to hydrogen has a large initial cost, it could make flying cheaper in the long run.
➡️ The company aims to have its first commercial products available in 2025.
WhatsApp: bit.ly/CNBCiWhatsAppThese companies are teaming up to create hydrogen on the moonCNBC International2024-09-09 | Two companies are on a mission to see if they can separate moon water into hydrogen and oxygen on the lunar surface.
Takasago Thermal Engineering and ispace have teamed up to test a mini electrolyzer that could lead to a hydrogen "gas station," which could allow humans to get to Mars and beyond.
WhatsApp: bit.ly/CNBCiWhatsAppA tale of two travel recoveries: Japan soars, while China struggles to lure travelers backCNBC International2024-09-06 | #CNBC ----- With a plum position atop many “Best Places to Travel” lists, Japan is on track to welcome a record-breaking number of travelers in 2024. But China faces a different reality: a far slower return of international visitors.
CNBC’s Monica Pitrelli delves into the factors contributing to this sluggish recovery.
WhatsApp: bit.ly/CNBCiWhatsAppIndia and Singapore agree to cooperate during Modi visitCNBC International2024-09-05 | Indian Prime Minister Narendra Modi met his Singapore counterpart Lawrence Wong this week, marking his first trip to the city-state since he won a historic third term in office in June.
Singapore is India’s sixth-largest trading partner and the top source of foreign direct investment.
The two countries have common interests in chip cooperation, India’s Indo-Pacific strategy and maritime security. -----
WhatsApp: bit.ly/CNBCiWhatsAppLebanon’s former Central Bank Governor Riad Salameh arrested over alleged financial crimesCNBC International2024-09-04 | #CNBC ----- Lebanon's former Central Bank Governor Riad Salameh was arrested in Beirut over alleged financial crimes, CNBC's Emma Graham dives in to the charges, and his tenure after three decades at the helm of Banque Du Liban.
WhatsApp: bit.ly/CNBCiWhatsAppWhy Serbias White Gold is so controversialCNBC International2024-09-03 | Why is Serbia's 'white gold' so controversial? The EU and Serbia have signed a 'historic' deal establishing a strategic partnership, as the former Yugoslav country pushes ahead with a controversial lithium mine project. CNBC's Gaelle Legrand looks at the reasons behind this deal.
➡️ The $2.4 billion Jadar lithium mine would be led by Australian mining company Rio Tinto.
➡️ Thousands of protesters have taken to the streets, worried about environmental damage.
➡️ Global lithium demand is expected to rise sharply by 500% by 2030, driven by the need for batteries for electric vehicles.
WhatsApp: bit.ly/CNBCiWhatsAppWhere comedian Emmanuel Sonubi unwinds in Enfield | Downtime LondonCNBC International2024-09-03 | It was only a few years ago that London-based comedian Emmanuel Sonubi was doing open mic nights at a pub in his home borough of Enfield.
Now, following the conclusion of his latest tour, Sonubi fills his local theater as a headline act. Before his show, he invited CNBC Travel along for a tour of his favorite hometown haunts.
"Enfield isn't your typical tourist destination. But if you want the flavor of a typical British town, filled with locals and a great sense of humor, this is the place," Sonubi shared in the latest episode of Downtime London.
While many London neighborhoods face swift gentrification, Sonubi appreciates that his hometown has stayed consistent over the years.
"Enfield, the good places haven't changed. That's how I describe it," he said.
Watch the video above for a tour of Sonubi's favorite places to spend his downtime, including: - Olive Tree Cafe, a no-frills eatery that serves up a mean English breakfast - Lux Fitness, an independently owned gym that focuses on bodybuilders and fitness fanatics - Dugdale Arts Centre, a recently refurbished venue offering theater, workshops and of course comedy - The Kings Head, a local pub that serves excellent chicken wings and pints of Guinness
WhatsApp: bit.ly/CNBCiWhatsAppWhy injuries can end Olympic careersCNBC International2024-09-01 | Retired British sprinter, Andrew Steele, won a bronze medal at the Beijing Olympics, but he narrowly missed out on the London Summer Games due to an injury at the start of the year.
"Missing out on London in 2012 was almost like a death of a close family member. It was so traumatic, because my entire identity was tied to the fact that I was an Olympic athlete," Steele told CNBC Sport in in the third and final episode of 'The Business of Elite Athletes.'
However, that difficult period spurred on a whole new career as an entrepreneur.-----
WhatsApp: bit.ly/CNBCiWhatsAppXpeng releases mass-market EV with basic driver-assist for less than $20,000CNBC International2024-08-30 | #CNBC ----- Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000.
➡️ In comparison, Tesla’s cheapest car — the Model 3 — costs 231,900 yuan in China, after a price cut in April.
➡️ The basic version of the Mona M03 electric coupe will be listed at 119,800 yuan ($16,812), with a driving range of 515 kilometers (320 miles) and some parking assist features.