Ecosystem Roundup: Indonesia blocks Temu | WhiteCoat acquires Good Doctor | ByteDance lays off around 500 staff in Malaysia

Ava Lee, a seasoned advertising professional, has spearheaded the success of Society in Hong Kong since its inception in 2017, securing major clients like Pizza Hut and BMW and earning accolades like "The Best Newcomers" and "Integrated Agency of the Year." Through innovative media planning strategies and a focus on fostering a transparent and inclusive agency culture, Lee has driven sustained business growth and high levels of employee satisfaction, while also championing community engagement initiatives...

Intel named Lip-Bu Tan, a former board member and chip industry veteran, as its CEO, signaling the company's commitment to keeping its chip-design and manufacturing operations together. Tan, known for his experience in the industry and as a technology investor, aims to restore Intel's position as a world-class products company and foundry. The announcement led to a 12% surge in Intel shares, providing hope for stability as the company navigates a significant transition. Full Article

On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...

Parents facing limited parental leave and work responsibilities often turn to group childcare for their newborns, with a recent study by Tohoku University in Japan revealing that kids in center-based childcare show advanced overall development compared to those raised at home. The researchers utilized data from the Japan Environment and Children’s Study to analyze the impact of early childcare enrollment on children between six months and three years, finding that toddlers in daycare exhibited improvements...

The Dalai Lama declared that his successor would be born in the "free world" outside China, prompting Beijing to assert control over the selection process in Tibetan Buddhism. China's occupation of Tibet since 1950 has led to tension and resistance, with the Dalai Lama fleeing to India in 1959. Despite China's claims, the Dalai Lama vows that any successor chosen by China will not be respected and continues to advocate for Tibetan rights amid accusations...

Former Philippine President Rodrigo R. Duterte has been arrested and taken to The Hague to stand trial for alleged crimes against humanity related to his war on drugs. The arrest was carried out with the help of Interpol, despite current President Ferdinand R. Marcos Jr's initial reluctance to cooperate with the International Criminal Court. Duterte, known as "the punisher," may argue that his actions were aimed at protecting the Filipino people, given his strong anti-drug...