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Singaporean households that meet the eligibility criteria can now submit their applications for public transport vouchers valued at S$60 (equivalent to US$46). These vouchers are intended to alleviate the increased cost of commuting. Details of the Voucher…
The public cloud services market in Asia Pacific, excluding Japan, will reach US$165.2 billion in 2026, according to IDC. The PCS market is to grow at a higher year-over-year (YoY) rate in 2022 at 31.4% in comparison to 30.0% in 2021, as cloud migration…
Hanoi plans to ban motorbikes in core districts after 2025, five years earlier than an earlier plan, in order to reduce traffic congestion and emissions. The ban will apply to all districts within the third ring road and on three major roads: Truong Sa, Hoang…
Spending on global public cloud services is projected to reach $332.3 billion in 2021, increasing by 23.1% from $270 billion in 2020. According to Gartner, growth in cloud spending can be attributed to increased adoption in technologies such as…
Nokia has today announced the deployment of its cloud-native convergent charging solution on Amazon Web Services (AWS) to accelerate communications service providers (CSPs) migration of business-critical, high-frequency charging applications to the public…
Facebook is making it easier for users to see and control the data that apps and websites share with the social network by launching a new tool called Off-Facebook Activity. The new feature will be gradually rolled out to Facebook users in Ireland, South…
Google Maps is a staple not only for Android users but for many iPhone and PC users as well. Its rich functionality is just as helpful when you’re on the go as it is when you’re relaxing at home and want to explore another city, whether that’ll be through…
Thai restaurant operator Zen Corporation secured THB975 million (US$31.35 million) via an IPO issued last Wednesday. The firm sold all 75 million shares on offer, representing 25 per cent of its registered capital, at THB13 each. Its stock price grew 17.69…
PV Power, the country’s second largest power producer, will list on the Ho Chi Minh bourse this month with a market capitalization of $1.5 billion. The Ho Chi Minh Stock Exchange (HoSE) has approved that the firm lists 2.34 billion shares (trading code POW)…
Malaysian home improvement brand Mr DIY is considering an IPO to raise about MYR1.5 billion (US$362 million). An industry source has revealed that the firm intends to list its domestic operations later this year on either the Malaysian or Hong Kong exchange…
Vietnam surpassed Singapore and Thailand to top Southeast Asia in initial public offerings (IPOs) last year, raising $2.6 billion. This figure was 3.7 times that of 2017, according to consultancy Ernst & Young. Two of three largest IPOs in Southeast Asia last…
HKBN Enterprise Solutions (HKBNES) has formally launched a free high-speed public Wi-Fi network on tram shelters across Hong Kong in association with Hong Kong Tramways and Cody Out of Home (Cody OOH). The HEREWIFIFREE service provides public free Wi-Fi with…
Synergy Research Group (SRG) revealed that over the last 24 months, quarterly spend on data center hardware and software has grown by 28%, driven by burgeoning demand for cloud services and increased prices for more fully featured servers. The main…
Jewellery retailer Hong Kong Fook Tai Holdings is seeking an IPO on the growth enterprises market board with the aim of opening more retail stores and improving brand recognition. Fook Tai runs seven retail shops under the Fook Tai Jewellery brand in Hong…
The use of public cloud is increasing globally, with many organizations seeing substantial process and financial benefits, according to a new report conducted by Vanson Bourne for Barracuda Networks. On average, organizations have nearly 40% of their…
Orange Business Services, a subsidiary of French multinational telecoms operator Orange, has launched its suite of global public cloud services in Asia Pacific. The new suite consists of three pillars – the Flexible Engine IaaS/PaaS public cloud platform…
