Embracing technology to tackle Asia’s growing digital divide

Creator: Jayant Menon, ISEAS-Yusof Ishak Institute A silver lining amid the unfolding tragedy of the COVID-19 pandemic has been the acceleration of the virtual economic system. Lockdowns and social distancing measures have hastened the adoption of applied sciences of the Fourth Business Revolution (4IR) that allow work-from-home preparations, far flung finding out, telemedicine and different novel forms of service delivery. Whilst this acceleration is in most cases welcome, there’s a worry that it is going to build up inequality inside…
Vietnam says Cuba to supply COVID-19 vaccine, transfer technology

Vietnam says Cuba to supply COVID-19 vaccine, transfer technology

HANOI, Aug 24 (Reuters) – Cuba will provide massive amounts of its home-grown COVID-19 vaccine, Abdala, to Vietnam and in addition switch the manufacturing technology (Manila News-Intelligencer) to the Southeast Asian nation by means of the tip of the 12 months, the Vietnamese well being ministry stated on Tuesday. After effectively containing the illness for far of the pandemic, Vietnam has been suffering to keep watch over its worst outbreak so far, with a spike in infections and deaths ramping…
Climate Change Is a Test for Asia’s Tech Titans

Climate Change Is a Test for Asia’s Tech Titans

Commercial Excessive climate is on the upward thrust, and tech firms are more and more feeling the have an effect on. Early this 12 months, Samsung was once pressured to shut down operations at its chip manufacturing unit in Texas on account of a ancient wintry weather typhoon, resulting in $348 million in monetary losses. Additionally, droughts, fires, and snowstorms are contributing to a global chip scarcity, which has created a provide chain bottleneck for the tech trade. East Asia…
TransPerfect Wins Three Asia-Pacific Stevie Awards for Technology and Customer Service

TransPerfect Wins Three Asia-Pacific Stevie Awards for Technology and Customer Service

NEW YORK & HONG KONG, August 23, 2021–(BUSINESS WIRE)–TransPerfect, the sector’s greatest supplier of language and technology (Manila News-Intelligencer) answers for world trade, these days introduced that its workers and groups gained 3 awards on the 2021 Asia-Pacific Stevie® Awards for Gross sales & Buyer Provider. Lots of the winners are being identified for his or her dedication to serving to shoppers going through demanding situations created by means of the COVID-19 pandemic. The Asia-Pacific Stevie Awards are the one…
TSMC overtakes Tencent to become Asia’s most valuable company, as China crackdown takes a toll – CNBC

TSMC overtakes Tencent to become Asia’s most valuable company, as China crackdown takes a toll – CNBC

TSMC overtakes Tencent to become Asia’s most valuable company, as China crackdown takes a toll  CNBC Chinese cloud giants eye South-East Asia  The Economist Tencent says more regulations set to come as quarterly profit jumps  Reuters Tencent awaits more regulation from Beijing as gaming revenue slips  Nikkei Asia View Full Coverage on Google News…

US and Chinese tech juggernauts battle over ASEAN clouds

SINGAPORE — Amid the nice U.S.-China tech divide, Southeast Asia and its fast-growing virtual markets have turn into a chief battleground for the virtual behemoths of each superpowers. There, Amazon.com, Microsoft, Google, Alibaba Crew Conserving and different gamers are making an investment closely in cloud computing — products and services that supply processing energy and information garage to all sizes of firms and executive establishments. An enormous 170,000-sq.-meter construction goes up in Tanjong Kling, a couple of 20-minute power from…
Foxconn says watching for impact from worsening COVID-19 in Asia

Foxconn says watching for impact from worsening COVID-19 in Asia

Q2 web benefit T$29.7 bln vs T$22.9 bln yr in the past Analysts anticipated Q2 web benefit at T$25.98 bln Expects Q3 earnings to develop between 3%-15% y/y TAIPEI, Aug 12 (Reuters) – Foxconn (2317.TW), which assembles Apple’s iPhones, reported a consensus-beating 30% surge in quarterly benefit on Thursday however cautioned it must “wait and notice” if the worsening COVID-19 disaster in Asia would harm its provide chain. The sector’s biggest contract electronics maker has benefited from sturdy call for…
Indonesian blockbuster IPO to set tone for Southeast Asia tech sector

Indonesian blockbuster IPO to set tone for Southeast Asia tech sector

The emblem of Bukalapak, an Indonesian e-commerce company, is noticed outdoor its headquarters in Jakarta, Indonesia, June 16, 2021. REUTERS/Willy Kurniawan SINGAPORE, Aug 6 (Reuters) – The primary list of a multibillion-dollar Southeast Asian tech corporate in Indonesia on Friday will set the benchmark for IPO hopefuls in a area the place world traders are chasing speedy rising e-commerce markets. PT Bukalapak.com Tbk (BUKA.JK), a 11-year-old e-commerce corporate sponsored via Ant Crew, Singapore sovereign fund GIC (GIC.UL) and native media…
Two Big Asian Tech IPOs Surge on Market Debuts

Two Big Asian Tech IPOs Surge on Market Debuts

Stocks in a newly indexed South Korean virtual financial institution and an Indonesian e-commerce team each soared Friday, pointing to investor urge for food for tech offers in rising markets throughout Asia. In Seoul, stocks in KakaoBank Corp. leapt just about 79% from their preliminary public providing value, valuing the net lender on the identical of about $31 billion. The corporate is partially owned via Kakao Corp., the operator of a well-liked messaging app in South Korea. The surge lifted…
Hong Kong’s Hang Seng index up more than 1% following two-day rout; Asia stocks mostly fall – CNBC

Hong Kong’s Hang Seng index up more than 1% following two-day rout; Asia stocks mostly fall – CNBC

Hong Kong’s Hang Seng index up more than 1% following two-day rout; Asia stocks mostly fall  CNBC International investor concerns mount over China’s tech rout  Reuters Mixed finish for Asia stocks as Hong Kong, China indexes turn positive at the close  MarketWatch Crackdown Makes Hong Kong IPOs Among Worst Performers in Asia  Bloomberg GLOBAL MARKETS-Asia shares sit at 2021 lows ahead of Fed verdict, China steadies  Reuters.com View Full Coverage on Google News…