Robots can now assemble IKEA’s furniture

Researchers at Singapire’s Nanyang Technological University (NTU) have programmed two robotic arms that can automatically assemble an IKEA chair. This opens up a new possibilities as well as improved cost savings for the Swedish company. In a significant milestone IKEA disclosed, it has installed robots in its Singapore plant which can assemble flat-packed furniture. As…

Credit Suisse gets license to operate wealth management services in the Philippines

The Southeast Asian country has seen a 10.7% growth in total household wealth and this set to continue to grow by 10% in the next 5 years. On Thursday, Zurich-based Credit Suisse Group AG stated, it has received the green signal to launch its wealth management business in the Philippines. The move will allow it…

Amazon.com launches international shopping feature in its Android and iOS mobile app

Amazon.com’s updated mobile app allows customers to browse, purchase and have their items delivered to their home country. Online shopping is now just a tap away! In a move that ups the ante against its peers, Amazon.com, the world’s biggest online retailer, has launched an international shopping feature that will enable customers across the world…