News
Singapore Office Market Stabilizes As Tech and Legal Firms Drive Demand
Singapore’s prime office rental market has stagnated after having shown steady growth for three years, says CBRE. The stabilization of rents of offices represents a new trend of commercial property market of the unique city-state which is indicative of the shifts in the business climate and trends of workplaces. According to the report, the Chinese […]
Singapore Manufacturing Sector Shows Signs Of Recovery
The Singaporean manufacturing industry is on the path of gradual restart, with base effects aiding the improvement and the increasing role of AI technologies. As highlighted by RHB’s recent report these factors are expected to realise the recovery of the sector, that has for a long time now been facing external shocks and cut throat […]
Japanese Companies Use AI To Improve Gaming And Business Operations
Here, in a major boost for both Japanese technology and the nation’s gaming industry in particular, several large firms are beginning to invest in AI technologies as a means of elevating their respective products and services. This is particularly evident in the video games industry where AI is being contemplated for the ability it can […]
Japan Stock Market Surges On Weak Yen and Strong Chip Sector
This must be good news for Japanese investors: the Nikkei index was up today by more than 2% at the start of the trading day. This boosting was mainly due to the depreciation of Yen and a good operating in the semiconductor segment. The appreciation of the yen against key trading partners included primarily the […]
SK Hynix Expands AI Chip Production Amid Surging Demand
South Korean second-largest memory chip maker SK Hynix has doubled down its AI chip production as global demand surges. The memory chip maker is seeking to diversify and reap benefit from the recently emerging artificial intelligence technology trend that has been propelling the semiconductor business forward. The move came shortly after SK Hynix announced it […]
South Korean Companies Rush To Issue Foreign Bonds After US Federal Reserve Rate Cut
The string of rate cuts by the U.S. Federal Reserve has been viewed with enthusiasm by South Korean companies, who are preparing to flood the market with foreign currency bonds. It has followed as companies aim at benefiting from improved conditions in borrowing in the international market. The recent decision by the Fed, to cut […]
KEL Dubai Hosts Groundbreaking Event On AI Transforming SME Businesses
This event was owners focused and served as a eye opening event for the business merchants in Dubai as KEL Dubai hosted an event on how the Artificial Intelligence is revolutionizing Small and Medium Sized Enterprises on 21 st September, 2024. This premiere event named “AI Transforming SME Businesses” was aimed at creating an understanding […]
Dubai Launches Accelerator Program With Amazon UAE To Boost SME Growth
In its latest bid to support small and medium-sized enterprises (SMEs) operating in the emirate, the Dubai Department of Economy and Tourism (DET) has extended its support to e-commerce giant Amazon UAE ‘DET x Amazon Accelerator’. This particular partnership was declared on September 25, 2024, and its main purpose is to increase the readiness of […]
Atlassian Announces Major Expansion and Job Creation in Sydney
Software firm Atlassian from Sydney is planning a massive expansion of the firm in the city with plans to create thousands of new jobs in the next five years. The announcement is part of the firm’s vision and plan to make Sydney the world’s leading and most preferred technology hub and the preferred hub for […]
Sydney Biotech Startup Secures Funding for Innovative Algae Technology
Sydney’s biotech industry has received a major fillip to its first stage funding with local biotech startup Algenie receiving $1.1 million. The firm is in the process of designing a revolutionary system for algae growth with the aim of transforming material production especially with regard to clean plastics. Algenie’s business idea is thus based on […]