Explained - page 50

Globe Telecom CEO Says About Prospects of Philippines as Data Center Hub
News

Globe Telecom CEO Says About Prospects of Philippines as Data Center Hub

Ernest Cu, President and CEO of Globe Telecom, a telecommunications company based in the Philippines, says that in two years the largest data processing center of this brand will start operating.

Foxconn Wants to Cooperate With STMicro to Build India Chip Plant
News

Foxconn Wants to Cooperate With STMicro to Build India Chip Plant

Foxconn Technology Group is teaming up with STMicroelectronics NV to jointly participate in a tender for the construction of a semiconductor plant in India.

Venture Investor 500 Global Raises $143 Million
Finance & Economics

Venture Investor 500 Global Raises $143 Million

One of the most active early-stage venture investors in Southeast Asia, 500 Global, announced that he managed to raise funds in the amount of $143 million, which will be used to increase the volume of investments in the mentioned region.

International Grocery Chain Aldi Invests in Bigger Stores
News

International Grocery Chain Aldi Invests in Bigger Stores

The business of the international grocery store chain Aldi is in a state of growth in several directions.

HDFC Bank and Marriott Bonvoy Launch Travel Card
News

HDFC Bank and Marriott Bonvoy Launch Travel Card

Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product
News

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

Microchip Giant Arm Files for IPO
News

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

Tourism to Become $15.5 Trillion Industry by 2033
News

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Expert Says Banks Need Data Providers
Fintech & Ecommerce

Expert Says Banks Need Data Providers

Charles Zhu, Enigma’s vice president of products, said during a conversation with the media that the Know Your Business (KYB) requirements can become a heavy burden for financial institutions that form the internal process of meeting the criteria.

AI Reduces Burden on Supply Chains
News

AI Reduces Burden on Supply Chains

Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.

Disney Introduces New Subscription Solutions
News

Disney Introduces New Subscription Solutions

Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
Finance & Economics

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects

The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt
Finance & Economics

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt

The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.

Chinese Export Declines Most in Last Three Years
Finance & Economics

Chinese Export Declines Most in Last Three Years

By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.

India Postpones Laptop Import Restrictions
Science & Technology

India Postpones Laptop Import Restrictions

India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.

Petal to Expand Credit Card Program
News

Petal to Expand Credit Card Program

Petal announced intention to expand its credit card program.