Asia’s digital economy needs a new fair play rulebook

Signs indicating the available electronic payment methods in a store in China : Alipay, WeChat pay, Western Union card, and Apple pay. Photo: iStock

Company digitalization accelerated throughout the Covid-19 pandemic. Digitalization provides e-commerce systems with constant marketplace presence and eternal trading hours. E-commerce is expected to grow by 8. 1% from 2020 to 2025 across the Asia Pacific — quicker than in the United States and Europe. Digital sales in the Asia-Pacific region totaled almost US$3 trillion in 2021. The particular McKinsey […]

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South Korea, US begin military drills amid North Korea backlash

SEOUL: South Korea and the United States began their annual shared military drills upon Monday (Aug 22) with a resumption associated with field training, authorities said, as the allies seek to tighten readiness posture over North Korea’s potential weapons tests. The summertime exercises, renamed Ulchi Independence Shield this year andContinue Reading

Japan wants to point 1,000 cruise missiles at China

Japan is thinking about the deployment of 1, 500 long-range cruise missiles to improve its counter-strike capabilities against Cina, the Yomiuri Shimbun reported on August 21. The record notes that the missiles will be modified from the Japan Ground Self-Defense Force’ s (JGSDF) Type 12 subsonic anti-ship missiles, maximizing their range from hundred to 1, 000 kms. The missiles […]

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South China Sea war threatens 90% of Australia’s fuel imports

China’s saber-rattling around Taiwan underlines the need for Australia to be prepared for issue in the South Tiongkok Sea. With its developing navy and surroundings force, and the basics it has built through the area, China is significantly capable of disrupting shipping lanes crucial to Australia’s exports and imports. Of particular problem is Australia’ h reliance […]

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