The burgeoning digital economy sees growing international cooperation The Infocomm Media Development Authority (IMDA) and Australian Communications and Media Authority (ACMA) have signed an MOU to enhance cooperation between both counties to combat scam and spam. The MOU was signed on 18 July 2022 by the Chief Executive of IMDA,…
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Leaders in the payments industry
The payments industry is continuing its march towards further digitization Disruptive solutions such as blockchain, artificial intelligence (AI) and cloud technology are creating new growth opportunities in the payments industry for companies that can capitalize on these trends. However, current economic market conditions such as inflation, high interest rate and…
Read MoreCDAOs must deliver tangible business outcomes
Bridging the digital economic divide The Digital Cooperation Organization (DCO) today launched the Bridging the Gap Report at the World Economic Forum in Davos, highlighting the critical need for greater international, multilateral cooperation to close the digital divide and ensure all nations can benefit from digital economies. The report draws on an extensive…
Read More5G set to propel India’s economic growth
5G is expected to create avenues of collaboration With the advent of 5G and the potential to boost innovation across the globe, Deloitte India and CII in a report released today have projected the Indian telecom industry to grow by $US12.5 billion every three years. India is all set to…
Read MoreIdentity and an accessible society for all children
Developing countries require thoughtful planning The United Nations (UN) expressed its aim to “provide legal identity to all, including birth registration” by 2030 as part of the Sustainable Development Goals (SDGs). A key motivator for achieving this goal is the reduction of mortality among children younger than 5 years old. Vaccine-preventable…
Read MoreKorea-Singapore digital partnership agreement
Commitment towards integrating both countries’ digital ecosystems The Korea-Singapore Digital Partnership Agreement (KSDPA) will enter into force on 14 January 2023. The KSDPA was signed by Second Minister for Trade and Industry Tan See Leng and the Republic of Korea (ROK) Minister for Trade Dukgeun Ahn in Singapore on 21…
Read MoreThe deglobalizing of the sustainability agenda
Compared with COP26, COP27 was a disappointment The war in Ukraine, the global cost of living crisis, and the rise of trade wars are deglobalizing the sustainability agenda, according to GlobalData, a leading data and analytics company. Robert Pritchard, Senior Analyst for Enterprise Technology and Services at GlobalData, said: “Compared with…
Read MoreSurge in fraud as digital transactions dominate
Digital fraud has grown as economies around the world re-opened in 2022 LexisNexis Risk Solutions released the results of its first Global State of Fraud and Identity Report, exploring research and insights from industry experts on recent statistics and trends from our industry-recognized studies on the Global True Cost of Fraud…
Read MoreIMDA and ACMA sign memorandum of understanding
Parties have agreed to mutual exchanges of knowledge and expertise The Infocomm Media Development Authority (IMDA) and Australian Communications and Media Authority (ACMA) have signed an MOU to enhance cooperation between both counties to combat scam and spam. The MOU was signed on 18 July 2022 by the Chief Executive…
Read MoreChengdu promotes digital transformation
Manufacturing industry in Xinjin is undergoing a digital transformation The district has set up an industrial functional zone called Tianfu Mushan Digital New City along the axis of Chengdu Metro Line 10. Focusing on digital twin technology and artificial intelligence, it aims to cultivate an industrial cluster revolving around digital…
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