US tech war opens fire on China’s cloud computing

US Commerce Secretary Gina Raimondo stated that she and the Biden administration would not be portrayed as bad on China in response to Republican senators’ pressure to censure Chinese cloud computing business:

She told the Senate Appropriations Committee,” I’ve put more than 200 Chinese businesses on the institution list during my tenure, and we’re constantly looking into new threats. If and when we decide that companies should be added to the list, I won’t bother.”

Eight Republican senators, including Senator Bill Hagerty( R-TN ), a ranking member of the Senate Banking Subcommittee on National Security and International Trade and Finance, wrote to Raimondo, Treasury Secretary Janet Yellen, and Secretary of State Antony Blinken on April 25 requesting that they take decisive action against Chinese cloud service providers like Baidu and Tencent, as well as Alibaba Cloud and Huawei Cloud.

According to” Open-source information ,” Huawei Cloud and PRC-based cloud computing services are directly undermining the interests of the US and our allies and partners in terms of national security and economic security. They are also increasingly interacting with foreign entities, some of which are sanctioned. & nbsp, We implore you to take decisive action against these companies through sanctions, export restrictions, investment bans, and further research into PRC cloud computing service companies.

The following payment is listed on Senator Hagerty’s site:

” The example we give in the text demonstrate the viability of China’s military-civil integration strategy.” It does make sense to refuse US exports of these nations given China’s laws, which require every Chinese citizen and company to participate in regional security or intelligence work, according to Hagerty. & nbsp,” Yet businesses like Alibaba Cloud that are not on the Entity List now have access to US technology, imports, and even activities here in the United States.”

Do you recognize that the PRC cloud service providers operating in the United States pose a danger to our national and our financial security, given the scope of China’s military legal fusion strategy and regional security-related laws? Hagerty questioned.

According to Secretary Raimondo,” I’m in wide agreement with you.”

Gina Raimondo, secretary of commerce. Asia Times images

The email continues by citing specific but well-known instances of the companies’ play with China’s military, security, and intelligence services, such as satellite imagery and regional monitoring. They do, however, mainly serve financial markets, much like US military legal fusion company Boeing.

For instance,” military civil fusion” is not a sinister Chinese plot; rather, it is based on common practice. Boeing declared in February that it had been” selected by the US Air Force as the prime contractor for the country’s intercontinental ballistic missile ( ICBM ) guidance subsystems support.” Over the course of 16 years, the contract could be worth up to$ 1.6 billion.

Alibaba Cloud is the biggest cloud service provider in China and the fourth-largest in the world. It offers services to the banking, e-commerce, logistics, and many industries around the world in the areas of repository, storage, data analytics, networking, application, security, etc.

The employment website indeed.com currently lists 30 positions at Alibaba in Sunnyvale, California, including software engineer, photonics expert, research scientist, and business manager, with annual pay ranging from$ 110,000 to$ 240,000.

According to Crunchbase, US technology providers have eliminated more than 135, 000 projects so far this year. Senator Hagerty and his associates likely want to do away with internships at Alibaba as well as the modern know-how they stand for.

The level of knowledge is very deep. For instance, a Ph.D. is required for applicants for the placement of optics professional. have in the construction, development, and production of golden optics chips for visual interconnects, as well as a d. degree in electrical engineering, applied science, or another related field.

Although Huawei Cloud is basically roughly half as big as Alibaba Cloud, it has been developing quickly. Huawei Cloud, as reported on its website, has received a number of qualifications and awards since being added to the Entity List in August 2020, including:

The initial cloud service provider in Asia-Pacific to receive PCI 3DS accreditation for regional transactions account information security as of August 2020.

The second cloud service provider to achieve information security management Standard 27799 certification in September 2020.

The British Standards Institution has awarded both the CSA STAR 2021 Gold Certification and the ISO / IEC 27034 application security standard certification.

Forrester Research has named him a president in predictive analytics and machine learning as of November 2020.

For its GaussDB registry products, which assist businesses in migrating data to the sky, Gartner has included it in its Magic Quadrant for Cloud Database Management Systems for December 2020.

One of the best four and the fastest-growing cloud service provider in Latin America, Canalys named it in March 2021.

May 2021- No. Ranked 1 in the IDC market for commercial cloud infrastructure in China.

Ranked No. December 2021 IDC ranks machine learning at number one in China’s public cloud system market.

More than 1,000 public staff, clientele, and business experts attended the Huawei Cloud Summit Middle East and Africa in Dubai in March 2022.

The meeting looked at how cloud computing can help with public services, financing, carriers, media, e-commerce, and gaming.

The second Huawei Cloud Indonesia Summit was held in Jakarta in September 2022 to discuss the electronic economy with local business leaders and scholars, business partners, and the internet.

With more than 60 products to be launched in areas like e-commerce, shorter video platforms, online gambling security, and finance, Indonesia became a new area for Huawei Cloud in November.

In order to create good town ideas, Huawei Cloud and BCB Blockchain of Singapore joined forces in November 2020.

The Huawei Cloud Accelerator, a system intended to support the growth of start-ups with the aid of venture entrepreneurs, was unveiled in September 2022 at the summit held by the Huang Cloud Global Startup Founders Summit. This program aims to empower businesses in Shenzhen.

According to the company, Huawei Cloud is now used by more than 800 public clouds in China. The bank’s” One City, One Cloud” approach has been put into practice in over 150 settlements, and it also powers over 300 financial institutions, including six major institutions.

E-commerce, financing, power, manufacturing, medicine, and gaming are a few other user industries. Huawei Cloud is present outside of China in the Asia-Pacific, Middle East, Africa, Latin America, and Europe. Being on the Entity List does not appear to be a serious issue, aside from not being able to work in the US.

May US politicians be able to punish some Chinese cloud service providers for their actions? Maybe. Even as they forced Oracle to cut its ties with Huawei, they may compel US businesses like Salesforce, IBM, VMware, and Fortinet to do the same with Alibaba Cloud.

Huawei created its own ERP application as a result, which it unveiled in April. If Alibaba Cloud were added to the Entity List, which is overseen by the Bureau of Industry and Security ( BIS ) of the Commerce Department, something similar would likely occur.

Being placed on the list can be a significant issue, but it also motivates the targeted business to exert more effort. It may be referred to as the BIS Certificate of Quality in the Global South and some regions of the world where US sanctions are truly recognized.

@ ScottFo83517667 is the author’s Twitter account.

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Thaksin says he’ll be back soon after Paetongtarn gives birth

Red-shirt United Front for Democracy against Dictatorship supporters hold a birthday party for former prime minister Thaksin Shinawtra in Bangkok on July 26, 2016, when he turned 67 years old. (File photo)
Red-shirt United Front for Democracy against Dictatorship supporters hold a birthday party for former prime minister Thaksin Shinawtra in Bangkok on July 26, 2016, when he turned 67 years old. (File photo)

Fugitive former prime minister Thaksin Shinawatra wrote on social media that now his seventh and youngest grandchild has been born, he will be back soon because at 73 years old, he wants to care of his grandchildren.

Thaksin on Monday morning wrote on Twitter that he was delighted with the news that his daughter Paetongtarn Shinawatra had just borne his seventh grandchild.

He added that all seven were born after he had to leave the country.

“I’d like to ask for permission to return to take care of the grandchildren because I will be 74 years old this July. See you soon,” Thaksin wrote.

Ms Paetongtarn, a prime ministerial candidate from the Pheu Thai Party, wrote on Instagram that her son was named Phruethasin Suksawat and his nickname was Thasin.

She thanked everyone for giving her moral support and said she would meet the press soon when she had recovered from labour.

On Oct 21, 2008, the Supreme Court’s Criminal Division for Holders of Political Positions sentenced Thaksin to two years in jail, convicting him of violating the National Counter Corruption Act in the Ratchadaphisek land purchase case.

He was charged with abusing his authority while being prime minister when he gave consent to his then-wife Khunying Potjaman na Pombejra to participate in the auction of 33 rai of land on Thiam Ruam Mit Road in the Ratchadaphisek area put on the block by the Bank of Thailand’s Financial Institutions Development Fund.

He fled the country in 2008, just before the court handed down the sentence. 

He jumped bail after attending the opening ceremony of the Olympic Games with his then-wife in Beijing in August 2008. The couple later divorced and she returned to Thailand.

Thaksin was stripped of his police lieutenant colonel rank in September 2015. The board of the Armed Forces Academies Preparatory School alumni also resolved to withdraw his alumnus achievement awards.

In 2019, His Majesty the King recalled the royal decorations bestowed on him.

In 2010 he told red-shirt protesters who supported him that he would return to join them when “the first bullet is fired” at them. Bullets were then fired.

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Mediacorp wins 39 awards at World Media Festivals 2023, including 22 golds

SINGAPORE: Mediacorp won a total of 39 awards at this year’s World Media Festivals Television and Corporate Media Awards, including 22 golds. 

The company also took home 16 silver awards, as well as a prestigious grand award – which is conferred on the top entry in each category – for CNA’s “What causes mental illnesses? The human brain and its link to mental health”. 

The news report also bagged a gold award in the News Reports and Features category, the company said in a media release on Thursday (Apr 27).

“What causes mental illnesses? The human brain and its link to mental health” aired on CNA last October and examines the causes of mental illness and how various parts of the human brain affect one’s everyday life. 

“Presented by CNA presenter Steve Lai, the news report gives viewers an in-depth, visual look at the physiology of the brain and its link to mental health,” said the company. 

CNA won a total of nine golds and four silvers at this year’s awards. Of the nine gold awards, one went to an episode of Talking Point and two went to two episodes of Undercover Asia. 

Of the 22 gold awards won by Mediacorp, one was in the Documentaries: Activism category for “Looted”, a current affairs programme that looks at how activists, archaeologists and social media sleuths are working to retrieve priceless artefacts stolen during the colonial era. 

Produced by Make Waves, the programme shows how they gather first-hand testimonies from looters, with photographic and forensic evidence to prove from where and when they were stolen.

Another gold award went to Mediacorp’s Malay drama “Kaki Bola” in the Entertainment: Family Special category. 

Produced by Millenia Motion Pictures, the show recounts the story of Singapore’s football legends such as Fandi Ahmad and Sundram Moorthy, who played for The Lions national football team during the Malaysia Cup years.

In the Marketing and Promotions: Programme Openers and Titles category, “Abyss of Greed” took gold. The series also bagged a silver award in the Documentaries: Docudrama category. 

Hosted by Mediacorp artiste Ayden Sng, the series looks at how the Corrupt Practices Investigation Bureau successfully turned Singapore into one of the least corrupt nations in the world. The series also features various infamous corruption cases in both the public and private sectors over the decades. 

Chief Executive Officer of Mediacorp Tham Loke Kheng thanked the company’s production partners and colleagues for putting Mediacorp “firmly on the global map of content creation once again” at the 2023 awards. 

“This year’s total haul of 39 awards, which includes a coveted Grand Award, is a fitting tribute to your efforts at producing compelling, insightful and informative content that resonates with audiences both at home and abroad.” 

The award-winning programmes can be viewed on mewatch, Mediacorp’s video streaming service.

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Ghosts of Vietnam haunt Biden in Ukraine

In 2009, shortly after his inauguration, Barack Obama undertook an intensive policy review to assess the desirability of a military “surge” in Afghanistan.

Then-vice president Joe Biden, who has just announced his intent to run again for president in 2024, was one of a handful of older advisers repeatedly reminding their new boss to remember the terrible consequences of an earlier generation’s escalation in Indochina.

Think very carefully, Biden said at one point, according to Bob Woodward’s recounting, or you’ll be “locked into Vietnam.”

Obama was not dissuaded and committed 30,000 new forces to Afghanistan. Vietnam was “not like this ghost in his head,” recalled Ben Rhodes, Obama’s deputy national security adviser — reflective of the generational divide between the two men noted by James Mann in his book “The Obamians.”

As president, Biden continues to respect the Vietnam “ghost” — and it hovers over his deliberations and decisions concerning Ukraine.

On one hand, Biden is emphatic about support for Ukraine and his passion for stymieing Vladimir Putin’s aggression. In Kiev in February 2023, the president assured Ukrainian President Volodymyr Zelensky of America’s “unwavering and unflagging commitment to Ukraine’s democracy, sovereignty and territorial integrity.”

These were anything but empty words, given the billions of dollars’ worth of aid and military equipment that the US has sent to Ukraine (US$27.5 billion to date), the sanctions imposed on Russia and the coalition of powerful allies that Washington has helped to organize that provided another $21 billion in aid.

On the other hand, Biden has kept sturdy guardrails around such words and actions.

Aid with restraint

Massive aid to Ukraine, yes — but restraint that keeps Americans themselves out of harm’s way on land, at sea and in the air.

Massive aid, yes — but arm’s-length enough to steer clear of a tripwire in the tense relationship with Moscow, especially as a frustrated Putin warns about tactical nuclear weapons.

Recent examples of US restraint include:

Lessons learned in Iraq and Afghanistan have obviously shaped the American balancing act in Ukraine, creating greater sensitivity to the problematic gap between desirable goals and prudent methods to achieve them.

Those 21st-century experiences highlighted for many the profound costs that can come with overconfident military commitments in distant and difficult terrains.

For someone Biden’s age, however, Vietnam offered a key initial lesson — one that caused him to try mentoring younger leaders in the Obama years, and one that provided weight and momentum to his controversial decision to end the US combat mission in Afghanistan in 2021.

US President Joe Biden awards the Medal of Honor to Major John J. Duffy, who fought in the Vietnam War, in the East Room of the White House in Washington, DC, USA, July 5, 2022. Photo: EPA via The Conversation / Jim Lo Scalzo / Pool

The benefit of Biden’s age

Being an 80-year-old in 2023 means that the lived experience of the Vietnam War adds substantial heft to what others might see as mere ghosts.

Biden was first elected to the US Senate in 1972, surrounded by the storms of protest rising out of war in Southeast Asia. He knew full well how earlier arm’s-length engagement in Vietnam by former presidents evolved into direct embroilment:

The shadows of such Vietnam ghosts are evident in Biden’s carefully calibrated approach toward Ukraine — especially in his studied resistance to committing US forces to combat.

Avoiding Vietnam’s mistakes?

But the current war is not yet over.

Will the president be able to maintain the balance that has so far allowed him to avoid serious Vietnam-like errors? Will the mature judgment emerging from the 80-year-old’s lived experiences have further staying power?

Problematic past decisions should figure in speculation about what may come next in US support of Ukraine. All the presidents involved in Vietnam had intelligence at least equal to Biden’s.

Each was also capable of both shrewdness and restraint — witness Truman’s firing of wild-eyed General Douglas MacArthur during the Korean War and Kennedy’s handling of the Cuban missile crisis.

At the same time, determination and feistiness — hardly absent in Biden given his intention to remain in office until he’s 85 — led these presidents down the road to tragic failure in Vietnam.

Just look at Eisenhower’s notion of a viable South Vietnamese nation led by the autocratic Diem, or Johnson’s conviction that awe-inspiring US military power could squash a “damn little pissant country” like Vietnam.

American soldiers meet US President Lyndon Johnson in South Vietnam. Photo: Wikimedia Commons

Kennedy was insightful enough to fear the implications of committing even a small number of forces to Vietnam: “It’s like taking a drink. The effect wears off and you have to take another.” He took the first drink anyway.

Johnson then guzzled — even though he wondered if he was acting like a catfish gobbling “a big juicy worm with a right sharp hook in the middle of it.

Protracted wars create profoundly complex challenges for all leaders. The absence of victory and/or the unpredictable behavior of enemies lead to military, political, economic and psychological stresses that can undercut pragmatism.

Biden is likely facing a difficult internal struggle that will continue if he’s elected for a second term in 2024. Will the ghosts of Vietnam be vanquished by a new generation of Ukraine-focused anxieties and phantoms?

Ronald W Pruessen is an emeritus professor of history at the University of Toronto.

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Asia’s Best Managed Companies 2023 – Industry winners

Every year, FinanceAsia publishes its highly regarded benchmark of Asia’s best companies.

Based on nomination by Asia’s active community of influential investors and financial analysts, the poll evaluates the corporate behaviour and performance of Asian peers over the past 12 months.

It is with this in mind that the FA team is delighted to announce the winners for 2023.

Following very positive market participation, we have decided to award up to three medals per category to reflect corporate achievements. Gold, silver and bronze medallists are detailed where applicable.

Read on for the winners of the following categories:

– Best Basic Materials Company
– Best Consumer Cyclicals Company
– Best Consumer Non-Cyclicals Company
– Best Energy Company
– Best Financial Company
– Best Healthcare Company
– Best Industrials Company
– Best Real Estate Company
– Best Technology Company
– Best Telecommunications Company
– Best Utilities Company

Don’t forget to read about our Market Winners here.

Thank you to all those who participated and congratulations!

— WINNERS BY SECTOR —

— Basic Materials Company —

Indonesia
Gold – PT Aneka Tambang Tbk
Silver – PT Krakatau Steel (Persero) Tbk & PT Petrokimia Gresik

Philippines
Gold – Nickel Asia Corporation

Taiwan
Gold – Far Eastern New Century Corporation

— Consumer Cyclicals Company —

Hong Kong SAR
Gold – ANTA Sports Products Ltd.
Silver – Viva China Holdings Ltd.

Indonesia
Gold – PT Mitra Adiperkasa Tbk
Silver – PT Erajaya Swasembada Tbk
Bronze -mPT Media Nusantara Citra Tbk

Philippines
Gold – Megawide Construction Corporation

Taiwan
Gold – Far Eastern New Century Corporation

— Consumer Non-Cyclicals Company —

China
Gold – Chongqing Hongjiu Fruit Company, Ltd.

Hong Kong SAR
Gold – Hengan International Group Company, Ltd.
Silver – Chongqing Hongjiu Fruit Company, Ltd.

Indonesia
Gold – PT Unilever Indonesia Tbk
Silver – PT Indofood CBP Sukses Makmur Tbk
Bronze – PT Sumber Alfaria Trijaya Tbk

Taiwan
Gold – Far Eastone Telecommunications Co., Ltd.

— Best Energy Company —

China
Gold – China Shenhua Energy Company Ltd.
Silver – CNOOC Ltd
Bronze – China Petroleum & Chemical Corporation

Indonesia
Gold – PT Perusahaan Minyak Nasional
Silver – PT Adaro Energy Indonesia Tbk
Bronze – PT AKR Corporindo Tbk & PT Perusahaan Listrik Negara (Persero)

Philippines
Gold – Aboitiz Power Corporation
Silver – ACEN Corporation & Semirara Mining And Power Corporation

Taiwan
Gold – Far Eastern New Century Corporation

Thailand
Gold – B. Grimm Power Public Company Ltd.
Silver – Energy Absolute Public Company Ltd. & Gunkul Engineering Public Company Ltd.

— Best Financial Company —

China
Gold – Industrial and Commercial Bank Of China (Asia) Ltd.
Silver – China Life Insurance Company Ltd.
Bronze – American International Assurance Company Ltd.

Indonesia
Gold – PT. Bank Rakyat Indonesia (Persero) Tbk
Silver – PT Bank Negara Indonesia (Persero), Tbk & PT Bank Mandiri (Persero) Tbk
Bronze – PT Bank Central Asia Tbk

Philippines
Gold – Bank Of The Philippine Islands
Silver – BDO Unibank, Inc. & Metropolitan Bank & Trust Company

Taiwan
Gold – Cathay Financial Holding Company, Ltd.
Silver – Chailease Holding Company Ltd. & First Financial Holding Company Ltd.

— Best Healthcare Company —

China
Gold – Wuxi Biologics Cayman Inc. & Innovent Biologics, Inc.
Silver – Akeso, Inc.

Hong Kong SAR
Gold – Sino Biopharmaceutical Ltd.
Silver – Canbridge Pharmaceuticals Inc.

India
Gold – Apollo Hospitals Enterprises Ltd

Indonesia
Gold – PT Prodia Widyahusada Tbk
Silver – PT Kalbe Farma Tbk
Bronze – PT Medikaloka Hermina Tbk

Thailand
Gold – Bangkok Dusit Medical Services Public Company Ltd.
Silver – Intermedical Care and Lab Hospital Public Company Ltd.
Bronze – Praram 9 Hospital Public Company Ltd.

— Best Industrials Company —

Hong Kong SAR
Gold – TK Group Holdings Ltd.

Indonesia
Gold – PT Astra International Tbk
Silver – PT United Tractors Tbk
Bronze – PT Krakatau Steel (Persero) Tbk

Taiwan
Gold – Far Eastern New Century Corporation

— Best Real Estate Company —

China
Gold – China Resources Land Ltd.

Hong Kong SAR
Gold – Far East Consortium International Ltd.
Silver – Sun Hung Kai Properties Ltd.
Bronze – Swire Properties Company Ltd.

Indonesia
Gold – PT Ciputra Development Tbk
Silver – PT Bumi Serpong Damai Tbk
Bronze – PT Pakuwon Jati Tbk

Philippines
Gold – SM Prime Holdings, Inc.
Silver – Ayala Land, Inc. & Robinsons Land Corporation

Taiwan
Gold – Far Eastern New Century Corporation

Thailand
Gold – Origin Property Public Company Ltd.
Silver – Quality Houses Public Company Ltd.

Vietnam
Gold – Vinhomes Joint Stock Company

— Best Technology Company —

China
Gold – Tencent Holdings Ltd.
Silver – JD.Com, Inc.
Bronze – Alibaba Group Holding Ltd.

Hong Kong SAR
Gold – Asiainfo Technologies Ltd.
Silver – BYD Electronic Company Ltd.

Indonesia
Gold – PT Telkom Indonesia (Persero) Tbk
Silver – PT DCI Indonesia Tbk
Bronze – PT Elang Mahkota Teknologi Tbk

Taiwan
Gold – Wistron Neweb Corporation
Silver – Sercomm Corporation
Bronze – Topco Scientific Co. Ltd.

Vietnam
Gold – Vinfast Joint Stock Company

— Best Telecommunications Company —

China
Gold – China Mobile Ltd.
Silver – China United Network Communications Group Co., Ltd.
Bronze – China Telecom Corporation, Ltd.

Hong Kong SAR
Gold – China United Network Communications Group Co., Ltd. (Hong Kong)
Silver – China Tower Corporation Ltd.

Indonesia
Gold – PT Telkom Indonesia (Persero) Tbk
Silver – PT XL Axiata Tbk
Bronze – PT Sarana Menara Nusantara Tbk

Philippines
Gold – Globe Telecom, Inc.
Silver – Converge ICT Solutions Inc.

Taiwan
Gold – Chunghwa Telecom Company, Ltd.
Silver – Far Eastone Telecommunications Co., Ltd.
Bronze – Taiwan Mobile Corporation Ltd.

— Best Utilities Company —

China
Gold – China Power International Development Ltd.
Silver – China Datang Corporation Ltd.

Hong Kong SAR
Gold – Tian Lun Gas Holdings Ltd.

India
Gold – Tata Power Company Ltd.

Indonesia
Gold – PT Jasa Marga (Persero) Tbk
Silver – PT Indonesia Kendaraaan Terminal Tbk
Bronze – PT Kencana Energi Lestari Tbk

Philippines
Gold – Manila Water Company, Inc.

Taiwan
Gold – Far Eastern New Century Corporation
 

¬ Haymarket Media Limited. All rights reserved.

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