Unveiling new investment initiatives for sustainable growth The tenth Mongolia Economic Forum (MEF) is in full swing, attracting 2,200 global guests including business leaders, representatives from multilateral organizations, and members of the third sector. Held from July 9-10, the event aims to explore collaborative opportunities with the Mongolian Government to…
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Private LTE/5G infrastructure revenues to reach $US5.2 billion worldwide In a recent forecast released by International Data Corporation (IDC), it was projected that global revenues for private LTE/5G infrastructure would surge to $US5.2 billion by 2027. This robust growth reflects a compound annual growth rate (CAGR) of 21 per cent…
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The UK’s trade prospects remain lackluster due to slow economies in major trading partners GlobalData, a leading data and analytics company, predicts that the United Kingdom’s economy is set to experience a marginal growth of 0.1 per cent in 2023. This upturn is attributed to several factors, including lower energy…
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Modernizing decision support systems is key to achieving data-driven decision-making The IDC MarketScape: Asia/Pacific excluding Japan (APeJ) Analytic Data Platforms for Decision Support 2023 Vendor Assessment has identified AWS, Google, Microsoft, and Oracle as the “Leaders” in the software category for Analytic Data Platforms for Decision Support. They are closely…
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The forum emphasized the importance of an integrated policy framework Leading central bankers and economists gathered at the Asian Monetary Policy Forum to discuss the challenges of achieving both price stability and financial stability in today’s complex economic landscape. The forum, held in Singapore, featured prominent figures such as Professor…
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Assessing the Impact: How ChatGPT Influences Industries and Labor Force Innovation and technology have become the driving forces behind high-quality economic development in Hong Kong. With the rise of artificial intelligence (AI) and its impact on various industries, the recent success of ChatGPT, an AI chatbot, has caught the attention…
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Driven by the remote monitoring opportunity The smart home healthcare market is experiencing steady growth, but there is still significant untapped potential. In 2022, global smart home healthcare shipment and service revenues reached $US22.9 billion, growing by 25 per cent compared to the previous year. However, sustaining such a high…
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Increasing economic inclusion and educational opportunities in Indonesia The Internet Society Foundation has launched a new round of its grant program that expands economic growth and increases educational opportunities by supporting individuals and communities to use the Internet more knowledgeably and skillfully. The Strengthening Communities, Improving Lives and Livelihoods (SCILLS) program is now…
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As economic headwinds persist, weak end-market electronics demand is spreading Global semiconductor revenue is projected to decline 11.2 per cent in 2023, according to the latest forecast from Gartner, Inc. In 2022, the market totalled $US599.6 billion, which was marginal growth of 0.2 per cent from 2021. The short-term outlook…
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The largest early-stage Fintech fund dedicated to women Anthemis, a specialist asset manager that creates value from driving financial systems change, today announced additional investments from institutions including Visa and BMO for its Female Innovators Lab (FIL) Fund. Anchored by Barclays, with investment from Aviva, the fund now totals $US50 million, making it the largest early-stage fintech…
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