The EU is committed to ensuring that all European citizens and businesses are well protected Today, the Commission has adopted a proposal for the EU Cyber Solidarity Act to strengthen cybersecurity capacities in the EU. It will support detection and awareness of cybersecurity threats and incidents, bolster preparedness of critical entities, as…
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Hong Kong government announces CITID
Members of the CITID are representatives and experts from many industries The Government promulgated the Hong Kong Innovation and Technology Development Blueprint (the Blueprint) on December 22, 2022, and announced that the CITID would be set up to enhance the co-operation among stakeholders and help drive the development of innovation…
Read MoreGenerative AI set to change the way Australians live and work
One million Australians were already using ChatGPT in January 2023 Australians are showing strong interest and rapidly adopting new Generative AI applications such as Open AI’s ChatGPT, according to new research from the Australian emerging technology analyst firm, Telsyte. One in five Australians aged 16 and older were already aware…
Read MoreHugoBank appoints Atyab Tahir as CEO
In efforts to build a digital bank in Pakistan HugoBank, Pakistan’s latest digital bank led by a Singapore Consortium, today announced the proposed appointment of Atyab Tahir as Chief Executive Officer, subject to the State Bank of Pakistan’s fit and proper assessment. Following the company’s incorporation, Atyab will set-up and lead HugoBank in Pakistan to offer…
Read MoreFusion Bank launches Business Banking
Business operations and expectations for financial services are also evolving Fusion Bank, a virtual bank strategically invested by Tencent Holdings Limited, today announces the launch of Business Banking Services to provide flexible and convenient Internet Banking services to local small and medium-sized enterprises (SMEs), empowering them to expand their businesses. SMEs can…
Read MoreNew initiatives to back more women business leaders
Boosting women’s entrepreneurship in Australia is important to the economy Westpac has today announced new measures to help more female-led small businesses to get started or to grow with dedicated start-up and scale-up loans. These support measures are part of a total $US500 million commitment to back more women in…
Read MoreAIIA welcomes changes to international student visas
The IT sector is now Australia’s third largest economic sector Australia’s peak body for innovation technology, the Australian Information Industry Association (AIIA), welcomes the changes announced by The Hon. Minister Jason Clare and The Hon. Minister Clare O’Neil to extend post-study work rights for international students in Australia to help…
Read MoreBahrain assumes the presidency of the DCO
Bahrain is ready to share its expertise and best practices with the DCO The Kingdom of Bahrain has officially been appointed to the Presidency of the Digital Cooperation Organization (DCO), the global, multilateral organization dedicated to accelerating the inclusive growth of the digital economy to create digital prosperity for all. His Excellency…
Read MoreChina tackles tech bottleneck featured
China has made solid progress in fostering a new development pattern Days after the China ushered in the Year of the Rabbit with a particularly festive Spring Festival, President Xi Jinping rallied the nation for one of the most pressing tasks: Tackling the technological “bottleneck” to secure long-term high-quality development. While presiding…
Read MoreIndia security and risk management spending
Security services to remain a key spending priority End-user spending on security and risk management in India is forecast to total $US2.65 billion in 2023, an increase of 8.3 per cent from 2022, according to Gartner, Inc. “The increase in adoption of digitalization, cloud applications and the rise in remote workers exposes…
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