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Beijing Diary: China’s cashless transactions impressive

Beijing Diary: China’s cashless transactions impressive

By Amirul Mohd Sajadi Bernama reporter Amirul Mohd Sajadi is currently participating in a 10-month programme in Beijing organised by the China International Press Communications Centre. Beijing: Since my arrival in the Chinese capital in February, I have hardly ever carried cash in my wallet. Sometimes I even forget to take my wallet with me […]

Samsung’s global brand value exceeds $60 billion

Samsung’s global brand value exceeds $60 billion

Seoul: Samsung Electronics Co., the world’s leading maker of smartphones and chips, said Thursday that its global brand value has exceeded US$60 billion this year, citing an annual survey of brand management firm Interbrand. Samsung remained the sixth most-valuable global brand this year with a value of $61.1 billion, up 2 percent from last year’s $59.9 […]

99% of Bahrain residents use the Internet

99% of Bahrain residents use the Internet

Manama: The number of Internet users has reached 99% of the population in Bahrain, a Telecommunications Services Residential Market Survey report showed. The figure, the highest in the world, is a clear indication of the increasing affordability of Internet services in Bahrain, the report published by Bahrain’s Telecommunications Regulatory Authority (TRA) said. The results of […]

Hyundai, Aptiv to form $4 billion JV for self-driving platform

Hyundai, Aptiv to form $4 billion JV for self-driving platform

Seoul: Hyundai Motor Group said Monday it will set up a $4 billion joint venture (JV) with Ireland-based autonomous vehicle startup Aptiv next year to develop a self-driving platform. Faced with the spread of protectionism and tougher competition with rivals, the South Korean carmaker has been aggressive in investing in overseas startups with advanced future […]

South Korea to spend over $841 million to nurture content creators

South Korea to spend over $841 million to nurture content creators

Seoul: South Korea announced plans Tuesday to help raise the global competitiveness of the country’s entertainment and content industry via an investment-loan guarantee project worth more than 1 trillion won ($841 million). The government will spend 450 billion won by 2022 in a “content venture investment fund” aimed at offering financial support in the planning […]

Kyrgyzstan discusses new digitalization opportunities for citizens, businesses

Kyrgyzstan discusses new digitalization opportunities for citizens, businesses

Bishkek: The creation of a public platform where the government, business and civil society will be able to discuss new opportunities offered by digital transformation for citizens and businesses is being held in Bishkek. The forum, devoted to digitalization, will also address the realization of the people’s rights through digital tools as well as the […]

AJA, JAK forum to debate “how we should face the third decade of the 21st century”

AJA, JAK forum to debate “how we should face the third decade of the 21st century”

Seoul: Diplomacy, national security, the unification of Korea, multiculturalism, conflicts, the environment, and religion will be among the topics to be debated in depth at a forum to be hosted by the Asia Journalist Association (Director Lee Hyung Kyun, President Ashraf Dali) next week. The two-part forum, “How we should face 2020-2029, the third decade […]

Bloomberg New Economy Forum announces preliminary speaker and participant line-up for Beijing event

Bloomberg New Economy Forum announces preliminary speaker and participant line-up for Beijing event

New York, Beijing: Bloomberg and the China Center for International Economic Exchanges (CCIEE) have released a preliminary speaker and participant list for the 2019 New Economy Forum, to be held in Beijing on November 20 – 22. Nearly 500 of the world’s most influential business executives, technology innovators, government officials, experts and academics from more […]

U.S. sanctions three state-sponsored North Korean hacking groups

U.S. sanctions three state-sponsored North Korean hacking groups

Washington: The United States has sanctioned three entities it accused of conducting cyberattacks on behalf of the North Korean government to generate revenue for the regime’s nuclear and missile programs. The Department of the Treasury said the new measures target Lazarus Group, Bluenoroff, and Andariel, all of which are controlled by the Reconnaissance General Bureau, […]

Bahrain bank launches Fatema, the world’s first Digital DNA Human

Bahrain bank launches Fatema, the world’s first Digital DNA Human

Manama: Bahrain-based Bank ABC and Soul Machines, a New Zealand based deep science & technology company, announced that “Fatema,” a fully autonomous, AI-driven Digital Human, would be an integral part of the Bank’s customer experience. The ‘digital employee’ accumulates experiences, learns, and responds to customers individually through experiential learning, adding human-like intelligence to AI. Fatema […]

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