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Vietnam taxed cross-border platforms like Google and Facebook some VND5 trillion ($218.53 million) in 2008-2021, Finance Minister Ho Duc Phoc informed lawmakers Wednesday. During the four-year period, Facebook was taxed VND1.69 trillion, Google, VND1.62…
The tech-enabled coffee chain, Flash Coffee, is accelerating its Asian expansion plan, making its Hong Kong debut this month and committing to opening its first stores in Japan and South Korea later this year. Launched last year, Flash Coffee already operates…
DBS continues to add tech talent with plans to hire around 150 related positions via a virtual hackathon. DBS will hire for around 150 technology positions through a virtual hackathon, Hack2Hire, an annual program in its fourth edition, according to a…
UBS’s $10 billion China Opportunity fund caught in the downdraft of the country’s harsh tech crackdown. It was only last April that Bin Shi gave a fireside chat on a UBS asset management hosted website. The bank’s head of China equities appeared optimistic…
Indonesia headquartered on-demand multi-service platform and digital payment technology group Gojek and e-commerce platform Tokopedia have completed Indonesia’s largest-ever deal to create GoTo, Southeast Asia’s largest privately held technology firm. Amid…
Technology continues to play a dominant role in the development of financial services in Singapore with related functions accounting for more than a quarter of job opportunities in the sector. Technology will continue to lead hiring demand in 2021, according…
India’s HCL Technologies, set to enter Vietnam next month, plans to hire more than 3,000 people for its operations in the country. HCL Vietnam will deploy advanced technology solutions for multinational businesses in a number of line departments in sectors…
Deutsche Bank is reportedly in advanced talks to sell its technology services unit to India’s Tata Consultancy Services. Tata Consultancy Services – Asia’s biggest software exporter and the tech subsidiary of Indian conglomerate Tata group – could take over…
Financial technology, alongside other developments, helped boost Hong Kong’s ranking as a tech innovation hub to tenth place worldwide in the latest KPMG survey. Hong Kong’s ranking improved from 12th place last year, according to the KPMG report which…
A judge has ruled against a lawsuit filed by Huawei in the US relating to a ban on government personnel using the company’s devices. Huawei filed the lawsuit on the basis that the ban was “unconstitutional” back in 2018. Since then, Huawei has faced increased…
The soon-to-be-launched Hyundai Creta will now come with the company’s Blue Link connected car technology. Slated to be launched on March 17, the second-gen Creta will be the third Hyundai car to get the Blue Link system, after the Venue and Elantra facelift.…
Malaysia’s AirAsia Group says it will co-found a tech-training facility with Silicon Valley giant Google, as Southeast Asia’s biggest budget carrier by fleet continues its push to become a technology-led company. AirAsia Group President Aireen Omar told the…
DHL Express recently unveiled its Strategy 2025 putting digitalization, e-commerce and sustainability in focus as it aims to further expand sustainably. John Pearson, CEO DHL Express, made the announcement at the opening of DHL’s €123 million (US$135 million)…
Despite a slowdown in hiring for trading and equity-related jobs, talent related to the burgeoning field financial technology has kept the financial sector an active recruiter in the Greater China region. Talent demand is high for both executive and operation…
Fashion-tech brand Pomelo plans to launch 100 additional Pomelo Partner stores by December on the back of a US$52 million Series C fundraising. The brand is intending to solidify its omnichannel retail presence in Asia, starting with Thailand. Pomelo Partner…
DBS has established a partnership with tech business incubator Social Alpha to mentor enterprises that focus on socially impactful deliverables such as inclusion, healthcare or environmental solutions. As part of the partnership, DBS will mentor and support…
