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Southeast Asia faces significant economic challenges following the new trade tariffs imposed by the US, with analysts predicting a sharp decline in exports and reduced attractiveness for global businesses. Countries like Vietnam and Thailand, which exported over US$70 billion in tech products to the US, are particularly affected, as higher tariffs diminish their appeal as manufacturing alternatives for Chinese companies. Meanwhile, the Indian government is scrutinizing Ola Electric Mobility's sales figures, highlighting discrepancies in reported orders versus registered units.
LG CNS has entered into an $88.8 million agreement with Mirae Asset Life Insurance to enhance the insurer's AI capabilities and upgrade its core systems over the next two years. The project will focus on developing a generative AI platform and a multi-hybrid cloud environment, targeting improvements in product development, contract management, payments, accounting, and sales operations. Additionally, LG CNS will utilize Mirae Asset Life’s data to train large language models for an internal AI platform.
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impact of us tariffs on southeast asia's economy and trade dynamics
11:30 09.04.2025
lg cns partners with mirae asset life for 88 million ai project
03:45 08.04.2025
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