Technological innovation at Asia new vision forum Tang Jiacai, Chief Information Officer of Ping An Bank, a subsidiary of Ping An Insurance (Group) Company of China, Ltd., took the stage at the prestigious Asia New Vision Forum, hosted by Caixin Global, to discuss the bank’s application of technology in supporting…
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APAC electrified vehicle market is projected to reach 23.8 million units by 2026 The Asia-Pacific (APAC) region is set to experience a significant surge in the adoption of electric vehicles (EVs) over the coming years, driven by advancements in battery technology, the expansion of charging infrastructure, favorable government policies, increasing…
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Reshaping the digital landscape in Southeast Asia PeaCom, an AI-powered start-up specializing in multi-channel communication and customer engagement solutions, has announced its official launch in Southeast Asia, beginning with Singapore, Vietnam, Myanmar, and Laos. The company aims to revolutionize the digital landscape by equipping businesses with innovative communication tools that…
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Expected to recover in coming years Global shipments of smart home devices experienced a setback in the first quarter of 2023, declining by 5.6 per cent compared to the previous year, according to the latest report from the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. The report…
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Tesla’s entry will compel existing EV manufacturers to re-evaluate their vehicle offerings GlobalData, a leading data and analytics company, states that Tesla’s long-awaited entry into the Indian automotive market is gaining momentum. Elon Musk’s recent statement following his meeting with Indian Prime Minister Narendra Modi during the latter’s US visit…
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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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Pioneering API prototypes for Central Bank digital currencies In a significant stride towards the future of digital currencies, UST, a leading digital transformation solutions company, has emerged as a key innovation vendor for Project Rosalind. This ground-breaking experiment, initiated by the Bank for International Settlements (BIS) and the Bank of…
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The collab will leverage their data science resources Visa, a global leader in digital payments, and Hyundai Card, a prominent credit card company based in Korea, have announced a strategic business partnership aimed at exploring collaboration opportunities in utilizing payments data to develop insights and drive value. The partnership was…
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The rebound in wearable device shipments underscores the resilience of the market After experiencing its first-ever decline in 2022, the worldwide shipments of wearable devices are projected to bounce back in 2023, reaching a total of 504.1 million units, according to the latest data from the International Data Corporation (IDC)…
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Despite the decline China VC remains a force in global market The China venture capital (VC) funding landscape experienced a decline in both deal volume and value during January to May 2023 compared to the previous year, attributed to geopolitical tensions and recession concerns. However, China remains a dominant player…
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