U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
The Beauty Beneath the Expressway: A Journey from Self to Service 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Debate over H-1B visas shines spotlight on US tech worker shortages 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Vietnam’s Mobile World Group (MWG) has invested US$7.3 million in a joint venture that opened its first brick-and-mortar location in Indonesia, under the name Era Blue Elektronic.
MWG holds a 45 percent stake in the joint venture with local distributor PT Erafone Artha Retailindo, a subsidiary of Erajaya Group.
MWG’s first overseas market in Southeast Asia is Phnom Penh, Cambodia, which it opened in 2017 under the name BigPhone, later renamed Bluetronics.
Indonesia is the group’s second overseas market in Southeast Asia.
MWG hopes to have five stores in Indonesia by the end of this year.
Doan Van Hieu Em, CEO of Mobile World chain, said the company decided to enter Indonesia because it lacked a leading retailer, providing good customer service to encourage shopping needs and experiences in consumers.
He added that with the presence of Era Blue, the Indonesian market can grow two to three times in the next five years.”
Erafone is one of Indonesia’s largest retailers of technological items, with a network of more than 1200 outlets specializing in offering telecom equipment, tablets, laptops, and other products.
