INDONESIA: Bukit Algoritma To Become Silicon Valley
JAKARTA – The government will build a special economic area (KEK) in Sukabumi, West Java. The project, named Bukit Algoritma, will become a technology and research center such as Silicon Valley in the United States (USA). Silicon Valley itself is … Continue reading INDONESIA: Bukit Algoritma To Become Silicon Valley
Trains collide in Kuala Lumpur: 200 injured
KUALA LUMPUR – More than 200 people were injured in Malaysia on Monday when two trains collided in the capital Kuala Lumpur, the state-run Bernama news agency reported. The accident occurred at 8:45 p.m. local time when one of the trains, … Continue reading Trains collide in Kuala Lumpur: 200 injured
Forkast Ltd. raises $1.7 million seed money
HONG KONG – Forkast Ltd., a blockchain-focused multimedia platform, has successfully completed its seed funding round of US$1.7 million, which was oversubscribed. A group of global institutional investors and leading blockchain players participated, including Asia-based AMTD Group, Fenbushi Capital, Alibaba … Continue reading Forkast Ltd. raises $1.7 million seed money
AGODA: Asia must prepare for quarantine options
BANGKOK – Confidence in the vaccine rollouts, discussions around COVID-19 passports and alternative state quarantine announcements have triggered an increase in international travel searches, according to digital travel platform Agoda.com. Agoda’s search data highlights green shoots of recovery and a … Continue reading AGODA: Asia must prepare for quarantine options
Virtual PATA Annual Summit 2021 on April 27-29
BANGKOK –The Pacific Asia Travel Association (PATA) today announced that the PATA Annual Summit (PAS) 2021 will take place online from April 27-29. The three-day virtual event, organised with the support of Platinum Sponsor, the Ras Al Khaimah Tourism Development … Continue reading Virtual PATA Annual Summit 2021 on April 27-29
Baidu Plans to Raise Capital in Hong Kong
BEIJING/HONG KONG – Baidu, Chinese search engine and AI giant, is planning to raise at least HK$28 billion ($3.6 billion) by selling 95 million shares in a secondary listing on the Hong Kong stock exchange, the latest US-traded Chinese tech … Continue reading Baidu Plans to Raise Capital in Hong Kong
Quad leaders define the Indo-Pacific century
TOKYO – “Namaste. Good morning. Konnichiwa. And from Australia, g’day.” So spoke Australian Prime Minister Scott Morrison from Sydney, a short while after midnight Saturday, as he joined via videoconference the first-ever leaders’ meeting of the Quadrilateral Security Dialogue. “It’s … Continue reading Quad leaders define the Indo-Pacific century
China sets growth target of more than 6 percent
SHANGHAI – China set an economic growth target of more than 6% this year, but warned of uncertainties over the global recovery from the COVID-19 pandemic as it set out a plan to achieve its long-term goal of becoming a … Continue reading China sets growth target of more than 6 percent
Japan: Government strategy to fight loneliness
TOKYO — With the first uptick in suicides nationwide in 11 years amid pandemic-linked restrictions, Prime Minister Yoshihide Suga has created a cabinet post to alleviate social isolation. Older Japanese unaccustomed to communicating online have become more isolated from the … Continue reading Japan: Government strategy to fight loneliness
ASEAN and EU’s new online Customs Transit System
JAKARTA – The private sector in ASEAN now has access to a powerful new online system, the ASEAN Customs Transit System (ACTS), which will reduce intra-ASEAN trading challenges and enable companies to benefit fully from the ASEAN Economic Community (AEC) … Continue reading ASEAN and EU’s new online Customs Transit System