Nepal India Franchise Expo: 100+ Indian and Nepalese Brands To Converge and To Plan For Expansion

The Embassy of India in collaboration with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) organized the Nepal-India franchise and investment, Expo, Summit and Awards in order to connect Indian and Nepalese brands and businesses aiming expansion. The virtual event, which will be conducted on a 3-D technology-enabled virtual platform by nepalfranchise.com, will held from 16 to 18 October 2020. The goal is to […]
From AI To Facial Recognition: China Sets The Rules In New Tech

According to Yang Guang, a Beijing-based senior analyst at Strategy Analytics, China has been planning all along to raise the profile of its technology standards for crucial next-generation technologies. This is in accordance with the Chinese government’s standard master plan – China Standards 2035 – and in a bid to strengthen China’s role in standards organizations. Imperative to the goal of setting some of the rules shaping the modern […]
Vietnam’s Northern Province Intends To Make Processing-Manufacturing A Key Industrial Sector

Quang Ninh, Vietnam’s northern port province, aims to make processing-manufacturing one of the three key pillars in its industry sector, along with mining and power and gas production and distribution. According to the Secretary of the Quang Ninh Party Committee, Nguyen Xuan Ky, new policies were introduced in early October at the first meeting of the 15th provincial […]
Sales of 5G-Compatible Smartphones Will Exceed 1 Billion Worldwide By 2025

Global sales of 5G smartphones this year is just 10 percent, but Strategy Analytics projected around a billion shipments for the same 5G devices in 2025. China, a pioneer in terms of 5G networks, should be one of the key markets. However, only high-end devices will initially be 5G compatible. Samsung, Huawei and lower-end manufacturers will progressively roll out […]
NITI Aayog CEO: India Poised to be Artificial Intelligence (AI) Laboratory of The World

At a press conference to unveil the upcoming global virtual summit on Artificial Intelligence (AI) – ‘RAISE 2020’ – NITI Aayog CEO Amitabh Kant said that India’s data and innovation capabilities can make it the world’s AI laboratory. “India is developing AI-based solutions for social empowerment across spheres like healthcare, education, finance, agriculture and governance. […]
Malaysian Banks offering targeted no-penalty repayment assistance to individuals and SMEs

The Department of Labor and Employment (DOLE) in the Philippines said that while the pandemic resulted in unemployment, it has also brought attention to several “resilient” jobs in the National Capital Region. They are referred to as “resilient” jobs because they endured the impacts of the coronavirus outbreak. The jobs identified are in the sectors […]
Philippine DoLE reveals resilient jobs in Metro Manila

The Department of Labor and Employment (DOLE) in the Philippines said that while the pandemic resulted in unemployment, it has also brought attention to several “resilient” jobs in the National Capital Region. They are referred to as “resilient” jobs because they endured the impacts of the coronavirus outbreak. The jobs identified are in the sectors […]
Philippine economy faces slower recovery versus most peers – World Bank

The Philippines will have a much slower economic recovery compared to neighbor countries as the pandemic remains uncontrolled, said the World Bank. It estimates that the country will contract 6.9% in 2020. This is one of the sharpest downturns in developing East Asia and the Pacific. In a worst-case scenario, it may drop to as […]
Vietnam, the other major Asian economy besides China set for growth in 2020

Vietnam’s gross domestic product (GDP) increased by 2.62% in the third quarter. The growth is attributed to the gains in its manufacturing and export industries. This speeds up the country’s economic recovery from the decline experienced in the first half of the year caused by the pandemic. Exports rise to 11% in the third quarter, […]
Singapore to release plans for Phase 3 reopening in coming weeks, says minister

The Singapore government may release details of plans on how to take the country to the third phase of reopening its economy. This was announced in a press briefing by Education Minister Lawrence Wong, one of the co-chairs of the governmental task force fighting COVID-19. The plan includes relaxing border control measures, and the allowed […]