Author: Business News Asia

BusinessNewsAsia.com's Editorial team is composed of experienced professional journalist and financial professionals who have an average of 10 years of experience in financial and breaking news reportage.

A new study of the online content viewing behaviour of Vietnamese consumers has found that 60% access streaming piracy websites or torrent sites. The levels of piracy went as high as 65% within the 18-24 age demographic. The survey, commissioned by the Asia Video Industry Association’s Coalition Against Piracy (CAP) and conducted by YouGov, found that 59% of consumers who accessed piracy sites cancelled their subscriptions to both local and international content services. The levels of piracy in Vietnam now dwarfs neighbouring Malaysia and Indonesia, which have both seen substantial reductions in online piracy in the last 18 months. In…

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Taking place on 24 May 2021 in Africa, the 10th global edition of World Cyber Security Summit will focus on topics such as Cyber Security framework and strategies for the African Government Authorities; National security, Cyber Threats and Governance: The Rise of Security Culture in Africa; Zero Trust Networks & Resilient ICT Re-Budgeting for Corporate sectors; Cyber Security trends and crucial security strategies for sectors and enterprises and much more. The African Prospect The Africa cyber security market size is anticipated to witness strong growth over the coming years on account of rapid growth in internet users combined with growing…

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The Board of Directors (the “Board”) of NutryFarm International Limited (the “Company’, and together with its subsidiaries, the “Group”) wishes to announce that Global Agricapital Holdings Pte. Ltd. (“Global Agricapital”), a wholly-owned subsidiary of the Company, had on 11 May 2021 entered into a memorandum of understanding with EBuy Pte Ltd (“Ebuy”) to expand its durian business activities in Singapore (the “MOU”). Under the MOU, Ebuy will import and distribute pre-packaged durians into Singapore from Malaysia and Thailand on behalf of Global Agricapital, and from the suppliers of Global Agricapital. Global Agricapital will ensure the consistent supply, quality and authenticity…

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The 7th edition of the Solar & Storage Finance Asia, hosted by Solar Media is designed to propel energy projects, innovation and investment in South East Asia. Under the three themes “finance, technology and off-taker deployment”, Solar & Storage Finance Asia will be held from 6-8 July virtually, to help you engage with proven investors, technology providers and business partners. Some Key Speakers Isabel Chatterton, Director & Regional Head of Industry, Asia Pacific, Infrastructure, International Finance Corporation (IFC) Vikram Raju, Head of EM & Climate Impact – AIP Private Markets, Morgan Stanley Adhi Laksmanaputra, VP Commercial, Xurya Daya Indonesia Prabaljit Sarkar, Director Business…

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Safekeeping of cryptocurrencies presents a challenge for institutions holding cryptocurrencies on their clients’ behalf. Cryptocurrency transactions are irreversible and anyone with full access to a wallet’s private key controls the cryptocurrencies that reside within it. Frighteningly, a number of institutional participants and even some large cryptocurrency exchanges rely on subpar custody approaches, leading Opimas to estimate that over US$190 billion worth of Bitcoin is currently at risk due to subpar safekeeping. Figure 1: Custody Methods Utilized by Institutional Investors Figure 2: A Comparison of HSM and MPC Technology Providers Figure 3: The Market for Crypto Custody & Prime Brokerage Services…

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Broadcast live from Washington DC, June 18-19, 2021, with contributions from chapters around the globe, GBA will virtually present its annual state of the union to the world. The GBA global leadership team will present their blockchain results so far and discuss where we are headed for the next decade. The featured Keynote speaker, Dr. Robert Brown will share his wisdom gained from decades of working with world leaders, industry titans, and civil rights leaders. The Washington Post called him a “World Class Power Broker”. Just some of his many accomplishments include: – Key advisor to the late Dr. Martin…

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Butterfly Protocol (www.butterflyprotocol.io), the blockchain-based web naming system built for the decentralized internet, today announced that it is opening up additional sponsorship options for top-level domains (TLDs), allowing anyone to create and totally control their own decentralized, token-powered ecosystem. This move compliments the original sponsorship option where TLDs can be sponsored and are controlled by the common governance contract. The movement to a decentralized web has been accelerating recently due to highly visible censoring such as Facebook’s ban on allowing Donald Trump access to posting, the takedown of the Parler social media app and the continuing restrictions on free speech…

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Global Internet of People, Inc. (NASDAQ:SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, is one of the few knowledge-sharing platform companies that has reported robust business performance in the past year. The company has posted strong growth and generated $23.18 million revenue in 2020, representing a 29.28% increase from the same period of 2019. Its net income was $11.96 million in 2020, also growing by 27.51% from the same period of 2019. These were all driven by strong corporate client demand for gaining an insight into how to…

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On March 28, FMC-Film Music Contest 2021 the unique international music competition and awards and one of the largest competitions of its kind in Europe expanding into Asia, has opened online registration for the regular and new competition categories. 1. Films, TV series, videos with original music Film and TV creators, production companies, national and private television stations, independent creators and audio-visual content producers may also participate in the new year of the unique international competition and awards FMC-Film Music Contest 2021. You may submit films, videos and TV series of any genre without regard to the date of their…

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The Place Holdings Limited (“The Place Holdings”, the “Company” and together with its subsidiaries, the “Group”), an SGX mainboard-listed company with a primary focus on integrating traditional businesses and new growth opportunities in the digital economy, is pleased to announce that the land site, held by its subsidiary Tianjie Yuntai Wanrun (Xiuwu) Property Development Co., Ltd. (“Tianjie Yuntai Wanrun”), has been assessed and revalued at RMB 481 million by one of China’s leading valuation companies, WorldUnion Property Assessment Co., Ltd. Compared to the valuation of the land site of RMB 112 million as at 30 September 2020, the revaluation of…

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At the Asia Video Industry Association’s (AVIA) recent Future of Video India conference, industry leaders remained upbeat on the potential for growth despite a painful 2020 which had seen a 25% drop in TV advertising revenue. The conference opened with an overview of the Future of Video in India with Mihir Shah, VP, India, at Media Partners Asia (MPA). With learnings from the last year and economic resurgence picking up in certain sectors, MPA predicts that in the next 5 years, with every new incremental dollar in the region, India will have 35% share, almost evenly divided between television and…

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Australia played host to a content-rich virtual conference on Artificial Intelligence on Thursday, 22 April 2021. World AI Show convened over 300 online participants that included major stakeholders of Australia’s AI ecosystem including Government authorities, top AI experts & solution providers. The online conference featured leading AI organisations such as Dataiku and Tiger Analytics amongst others to discuss Australia’s AI prospects. “Finding the right business context for AI is a big part of the game as it opens up a plethora of possibilities. However, innovations such as AI must be contextualised and integrated into a company usecase,” stated Mithun Shetty,…

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You are cordially invited to join us for this Global Virtual Summit celebrating the voices of women & girls around the world as we discuss new paradigms in reshaping the global digital economy and celebrate the launch of The State of Women Podcast Network in partnership with The State of Women Institute, SHEQONOMI, and Women Investing in Women DIGITAL. Inviting all global partners & leaders committed to the economic empowerment of women to join us for various strategic opportunities Our 3-day event will engage women entrepreneurs & women owned enterprises build bridges for global international trade & commerce Join us…

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Futu Singapore Pte. Ltd. (“Futu SG”), a wholly-owned subsidiary of Futu Holdings Limited (Nasdaq:FUTU) announced the launch of its new “Share leh!” campaign on its latest one-stop investment platform, moomoo, which aims to further boost the idea of inclusivity and connectivity within the investing community. The campaign, which runs from 1 May to 31 May 2021, will provide benefits to both new and seasoned users. In line with the company’s mission to “make investing easier and not alone”, Futu SG has come up with an enhanced referral programme where new users and their friends are able to earn up to 20…

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Data centre penetration in Japan is largely concentrated in two regions–Tokyo and Osaka. However, post COVID-19, with the ubiquitous use of technology across the length and breadth of Japan, there is a growing clamour for data centres to be set up in other locations. Addressing delegates at Digital Week Northeast Asia on the topic of “Growth projections for Japan DC Hubs,” Takashi Kondo, Product & Sales Director, Asia, Colt Data Centre Services, pointed out that currently data centre hubs in Japan are concentrated in a 100 kilometre radius around Tokyo. “There are many factors but the big ones are submarine…

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Live from Washington DC, GBA will host a virtual gathering of members to celebrate the accomplishments of 2020 and plan our trajectory going forward. Join us, June 18-19, as the GBA hosts, BLOCKCHAIN AND LIBERTY FOR ALL, streaming virtually to cities around the world. In commemoration of June 19th, also known as Freedom Day, Juneteenth is a U.S. holiday celebrating the emancipation of African Americans still held in slavery in Texas in 1865, more than two years after the Emancipation Proclamation had officially outlawed slavery. This 2-year delay came from a deliberate withholding of the news of freedom, chaining thousands…

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Sentinel, a one-of-a-kind network layer that allows the development of third-party and white-label decentralized Virtual Private Network (dVPN) applications, is excited to announce its integration with StrongBlock, the leading Nodes-as-a-Service (NaaS) provider. StrongBlock launches and operates full blockchain nodes for non-technical users to increase blockchain strength, rewarding them with STRONG or native protocol tokens. With this integration, the stage is set for Sentinel’s dVPN to expand in scope and utility, while creating new use cases for the network. With over 5,500 operators running 21,000+ nodes, StrongBlock allocates resources to networks seeking security, diversity, and decentralization. By combining forces with Sentinel,…

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The inaugural edition of World Big Data & Analytics Show – India, which took place on 20 April 2021, has attracted some of the prominent voices in the data and analytics space such as, Dr Neeta Verma – Director General, NIC; Golok Kumar Simli – Chief of Technology, Ministry of External Affairs, Government of India; Dr Ravi Vijayaraghavan – SVP & Chief Analytics Officer, Flipkart; David Zakkam – VP – Analytics, Swiggy; Ravi Shankar – Senior VP and CMO, Denodo; Dr Satyam Priyadarshy – Technology Fellow & Chief Data Scientist, Halliburton, Past President – DC Chapter of TiE; Ujjyaini Mitra…

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Glasstech Asia Online Conference, powered by BAU and BAU China, happened on the 27th of April 2021. Leading the glass and facades community ahead, the online conference brought together a network of glass and facades professionals around the world, to learn, discuss and to explore new networking opportunities through technology. Following the success of the first online conference, Glasstech Asia Online Conference 2021 drew over 150 registered attendees. Key trending topics of the industry like Manufacturing & Processing Innovations; Digitalisation: The Evolution Towards A Smart Factory; Architectural Designs: Design Trends of Post Pandemic Buildings; Architectural Designs: Advanced Building Skins /…

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Moomoo Inc, an all-in-one digitalised stock trading and wealth management platform and a wholly owned subsidiary of Futu Holdings Ltd (Nasdaq: FUTU), announced today that it has been selected as the title sponsor of the 2021 Berkshire Hathaway Shareholders Meeting live stream event. Yahoo Finance is the exclusive live stream host for the event which will be held on Saturday, 1 May 2021 beginning at 12:30 pm ET. Berkshire Hathaway’s Annual Shareholders Meeting, known as the “Woodstock for Capitalists”, is one of the most well attended shareholder meetings in the world. In the new normal, the event will be broadcast remotely. Yahoo…

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