Samsung C&T Snags 56% Net Quarterly Profit Due to Equity Gains, Overseas Projects

Apr 26, 2020 05:39 am UTC| Economy Technology

Samsung CT attributed its first-quarter net profit surge of 55.8 percent to equity gains from its affiliate Samsung Biologics and profitable overseas projects. The company, a construction affiliate of the Samsung Group,...

Electronics Industry Expects "Explosive" Surge in Demand for Chips, LCD After Pandemic

Apr 26, 2020 05:39 am UTC| Economy Business

There will be an explosive surge in demand for chips and liquid crystal displays as early as the second half of the year, according to South Koreas electronics industry. Skyrocketing demand for IT devices would trigger...

Energy efficiency could help avoid the need to build up to 50 power plants in Indonesia

Apr 26, 2020 05:28 am UTC| Economy

Indonesias electricity demand is growing rapidly. Robust economic growth combined with unprecedented urbanisation and industrialisation are driving this demand. Based on the Ministry of Energy and Mineral Resources...

Price controls don't work – but mask rationing is the exception that proves the rule

Apr 26, 2020 05:24 am UTC| Economy

The Centers for Disease Control and Prevention recommends that people wear a cloth face covering for their nose and mouth to protect others from the spread of the coronavirus. Research shows masks lead to a more than...

EU is gridlocked over €1 trillion coronavirus fund – here's a way forward

Apr 26, 2020 05:19 am UTC| Economy

An EU leaders summit has produced no definitive progress on saving Europes southern nations from the greatest slump in living memory. There is talk of a recovery fund of at least 1 trillion (873 billion), now that EU...

Cities are at centre of coronavirus pandemic – understanding this can help build a sustainable, equal future

Apr 24, 2020 05:09 am UTC| Insights & Views Economy

From its origin in Wuhan, China, COVID-19 has spread to become a predominantly urban-focused pandemic. Although much data on the pandemic is still unavailable, it is clear that urban areas have been at the epicentre. We...

Why there isn’t a one-size-fits-all plan for states to reopen their economies

Apr 24, 2020 05:08 am UTC| Economy

Editors Note: How and when states reopen their economies will look different from one state to the next state depending, in part, on where that state is in the trajectory of its coronavirus illnesses. In this QA, Hilary...