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In recent years, many nations have pursued partnerships with the purpose of advancing alliances on emerging and critical technologies. For instance, the Quadrilateral Security Dialogue between the United States, Japan, India and Australia has a working group on critical and emerging technology, which looks into technical standards, 5G diversification and deployment, horizon scanning and technologyRead more

Surging cross-border data flows require a balanced global governance approach that maximizes development gains, spreads the benefits equitably and minimizes the risks and harms. “Governance is what will determine the outcome of digital transformation,” UNCTAD Secretary-General Rebeca Grynspan said on 25 April at a high-level session of the organization’s eCommerce Week 2022. The event thatRead more

Google on Thursday signed a Memorandum of Understanding with the Telangana government to bring benefits of digital economy to youth and women entrepreneurs, and also kicked off the ground-up development of its three million square foot building in the city. The MoU was exchanged in the presence of Telangana IT and Industries Minister K TRead more

Web 3.0 is the next generation of internet architecture. Make sure your business is ready for the changes this era might bring. Web 3.0 is the third generation of the World Wide Web. It is a network that provides a decentralized, distributed and global control of information. Web 3.0 is the next generation of internetRead more

The emphasis of the new Dubai is on creating a knowledge-based economy. To this end, it has ushered in many reforms, including issuing long-term visas to attract global talent. In fact, the Golden Visa program has become a hit with many young tech-savvy people aspiring to become entrepreneurs. So what attracts them to Dubai? “DigitalRead more

Anyone seeking to manage China’s regional economic integration must proceed with caution, but not without hope. Influencing Asia’s largest economy and political player is not going to be easy, especially given the growth and nature of China–US tensions. Past thinking assumed Asian economic integration could be neatly ordered, as described by the metaphor of ‘flyingRead more

The AsiaForward Startup Day: Exchanging Asia’s brightest ideas organised by Alibaba partner, Handsprofit Sdn Bhd, aims to accelerate digital transformation for local small and medium enterprises (SMEs) and startups in growing their businesses via cloud infrastructure on March 24. According to Tham Lih Chung, executive director of Handsprofit Sdn Bhd, the pandemic has accelerated digitalRead more

The Digital Penang Fintech Hackathon, a collaborative initiative of Digital Penang with its partners Finexus and Touch ‘n Go Digital, was a success. In a statement, the Penang-based government agency said the hackathon was held virtually for two months from November to December 2021 with 35 teams across Malaysia creating a fintech digital product onRead more

The digital economy is influencing the global economy. According to IDC, the output value of the digital economy will account for 62% of the global GDP by 2023, when the world will enter a new era of digital economy in an accelerated way. China’s 14th Five-Year Plan (2021-2025) clearly proposes to “strengthen overall planning forRead more

Malaysia Digital Economy Corporation (MDEC) and Malaysian Technology Development Corporation (MTDC) have partnered to further catalyse the growth of Malaysian tech companies. Both parties plan to co-develop technology-based entrepreneur development programmes as well as in the promotion of digital technologies and their adoption among startups and MSMEs and SMEs. They also seek to open upRead more