The Rise and Rise of China's Digital Economy
The digital economy’s share in China's GDP rose from 21.6% to 39.8% between 2012 and 2021, the Ministry of Industry and Information Technology data states, as per state media resources.
Digital Government APAC
Ride-Hailing Firm DiDi Global Fined $1.2 billion for Data Security Lapses
As part of the country’s cybersecurity tightening, the Cyberspace Administration of China (CAC) has fined DiDi Global Inc $1.2 billion, ending a probe that saw the ride-hailing leader being delisted from the New York Stock Exchange since its IPO in June last year.
Etisalat’s new eWallet partnership to enable real-time international money transfers
A joint venture between Etisalat and Noor Bank, Digital Financial Services LLC, has partnered with MoneyGram, a global leader in cross-border P2P payments and money transfers, to offer international remittance services in the UAE.
Shenzhen, Singapore boost SME support in APAC with new smart city initiative
Singapore and the city of Shenzhen have signed eight memoranda of understandings (MoU) pertaining to ensuring greater access to market opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Southeast Asia (SEA).
Japan joins race towards 6G rollout
The government of Japan has started to draw up its 6G strategy and to set up a panel which will be dedicated to the technology.
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