Practice and policy ensure a safer digital economy

Ranking of the world’s 20 largest and most digitally forward economies Produced by MIT Technology Review Insights in association with Code42, the Cyber Defence Index 2022/23 (CDI) is the first annual comparative ranking of the world’s 20 largest and most digitally forward economies on their preparation against, and response and…

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Digital economy becomes new growth engine for China

China led the formulation and release of the G20 Digital Economy Development Three years into the COVID pandemic, the world economy, while facing mounting uncertainties and challenges, has undergone profound changes, with the digital evolution accelerated and the digital economy emerging as a new engine for economic recovery and growth.…

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Hong Kong speeds up Asia talent race

Hong Kong is lowering property taxes and relaxing visa requirements Hong Kong is expected to roll out more schemes on talent attraction to stay competitive in Asia, industry experts said during a Fintech Week satellite event discussion hosted by Payment Asia. Hong Kong Fintech Week has successfully kicked off on October 31 at the…

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Service robotics industry to reach $US216bn

Advances in AI will also improve robotic intelligence The service robotics industry is set to register a compound annual growth rate (CAGR) of 21.5 per cent to reach $US216 billion in 2030, driven by investments across consumer facing industries, including travel and tourism. The overall robotics industry is set to…

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China-Pakistan ironclad ties consolidated

The two sides held in-depth exchange of views on the bilateral relations Chinese President Xi Jinping on Wednesday held talks with visiting Pakistani Prime Minister Muhammad Shehbaz Sharif at the Great Hall of the People in Beijing, and Sharif is one of the world leaders that has visited China right after the conclusion of the…

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Toll Group launches $US20 million Global Innovation Centre

The centre will lead the development of new technologies Toll Group, one of Asia Pacific’s leading supply chain and logistics companies, today launched the global Toll Innovation Centre in Singapore, representing a $US20 million investment over the next five years. The Toll Innovation Centre brings together business, leading start-ups, and academia…

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Mastercard to expand farm pass program

Digitally connecting 15 million people in remote communities Employing more than a quarter of the global workforce, agriculture accounts for 4 per cent of global GDP, totalling nearly $US4.5 trillion. At the heart of this value chain are more than 608 million smallholder farmers who produce around a third of the…

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Hong Kong and Singapore lead green fintech development

Financial institutions should utilise their unique positions GoImpact, an ESG and Sustainability education firm, together with The Chinese University of Hong Kong’s Business School (“CUHK Business School”) released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC. This study finds that government support plays a…

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Southeast Asia’s $US300 billion digital economy

Southeast Asia is full of exciting promise as its digital economy continues to soar With Southeast Asia’s booming digital economy projected to surpass the $US300 billion mark by 2026, digital payments continue to present tremendous growth opportunities for businesses, according to a new IDC report commissioned by global payments platform 2C2P and global membership association for payments…

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