China’s appetite for salmon could reshape global seafood markets – Asia Times

The need for planted salmon in China is growing at a rate never before seen. Imports of fresh and chilled Atlantic salmon increased by 46 % year over year in 2023, up 63 %.

The world seafood trade is being transformed by this amazing growth. Manufacturers from Scotland, Norway, Chile, Australia, Faroe Islands, Canada and Iceland are racing to offer the wants of this large and rapidly evolving industry.

China’s efforts to produce its own Atlantic salmon have also encountered major difficulties, which indicate that competitors like rainbow fish are required to meet the nation’s growing appetite for seafood specialties.

When the Taiwanese government approved labeling and selling rainbow trout as mackerel, a significant change took place in 2018. This choice made a more affordable option for customers who are concerned about costs by blurring the difference between directly farmed rainbow trout and imported Atlantic salmon.

Trout has strong, oily meat that has an orange-pink color and is comparable in look and size to salmon. Physiologically also, the varieties are alike, as are the way in which they can be cooked and prepared.

In our recent study, which included style tests, we discovered that some Chinese consumers were unable to tell the difference between private rainbow fish and imported Atlantic salmon in deaf testing. However, when asked about the origin, the testers ‘ preferences for imported Atlantic salmon significantly changed, highlighting the influence of history on customer preferences.

Although person’s willingness to pay did not initially differ in our deaf tests, it quickly changed into a crucial element once the origin of the fish was known.

However, we realized that the only thing missing was source. Our testers needed to like the look, smell, and taste of the product more in order to be willing to pay higher prices, or they had to be persuaded by its ecolabel ( indicating environmental standards ).

Economic costs

Transporting Atlantic salmon from Scottish glens, Norway fjords, or Chilean waters involves complicated logistics and substantial environmental costs. The carbon footprint of this industry, combined with the resource-intensive character of mackerel aquaculture, raises important concerns about conservation.

These difficulties are especially acute in China, where customers have a strong desire for beauty. Despite its negative effects on the environment, buyers are increasingly turning to online retailers to purchase their shrimp because of this.

E-commerce has transformed shrimp store in China, allowing fast delivery and products that meet consumer demands for quality and freshness. In this industry, Salmon is renowned for its perceived high price, superior quality, and affordable price. Salmon retains its appeal when frozen or cooled, unlike other costly seafood that frequently needs to be sold exist to maintain its worth.

Salmon is ideally suited for contemporary retail environments, where complex cold-chain logistics guarantee its freshness without the challenges of live transportation. But, these advances come at a cost.

Transported salmon has a significant impact on the environment due to its labor-intensive storage and quick transportation. Addressing the conservation issues relating to the Chinese seafood market will be crucial in achieving a balance between climate responsibility and consumer demand as the market grows. In China, the latest global certification programs that aim to improve the sector’s sustainability have had a minimal impact.

China has made significant efforts to establish a local Atlantic salmon business, but these attempts have mostly failed because of technical difficulties and economic boundaries. This has created a space that internally raised rainbow trout is ready to pack.

In 2022, China produced 37, 000 lots of rainbow trout. Although this is a small amount in comparison to global output levels, it is still noteworthy given that rainbow trout is a fairly new planted species in China, in contrast to other traditional species like carp.

However, rainbow trout farming in China is geographically constrained, as the species thrives in cooler freshwater temperatures found in higher-lying lakes and pools, as well as in “raceways” ( programs supplied continuously with fresh water diverted from river ).

Advances in fishing techniques offer a possible pathway to develop China’s production. The use of fish gardening reduces the carbon footprint associated with goods and provides healthier alternatives for Chinese customers. It is a more sustainable, locally manufactured alternative to Atlantic herring. Growing a strong domestic salmon industry would improve food security, lessen import dependence, and foster economic growth in rural areas.

The expanding seafood market in China offers important teachings for the worldwide market. The extremely advanced Chinese consumer may find it important to emphasize quality, beauty, and sustainability.

At the same time, expense in eco-friendly aquaculture practices, both domestically and internationally, may be necessary to stabilize the growing demand for premium shellfish with economic responsibility. These might include reducing feed waste and using recirculating aquaculture systems ( which reuse and filter water ) to reduce water usage. The key is also recycling leftover nutrition from food generation.

The connection between consumer interests, environmental issues, and economic opportunities could have an impact on the global salmon industry as rainbow trout gains popularity in China’s seafood industry.

Salmon manufacturers in Europe, Canada, and various distributing regions does face significant challenges if local fish are able to occupy a larger share of the Chinese business. In the end, this could push them to reevaluate their strategies in order to change business relationships.

Although China’s attempt to establish a local Atlantic salmon business has proved difficult, trout farming offers a sensible and sustainable solution for its premium seafood market.

Mausam Budhathoki is a doctorate researcher at the University of Copenhagen and the University of Stirling, while Dave Little is a professor of underwater solutions development at the University of Stirling.

This content was republished from The Conversation under a Creative Commons license. Read the original post.

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IN FOCUS: Awash with billions in Big Tech money, but Southeast Asia’s cloud and AI boom faces limits

Large TALENT GAPS

Although major tech companies have plans to educate millions of people in the area, there is general agreement about a growing online skills space.

” It is still very hard, challenging to find a really, really great software skills. The difference is always there”, Kanggrawan said.

Even as the market experienced the so-called “tech winter,” a business slump of massive work deficits and hiring freezes in the past two years, this is still the situation. &nbsp,

According to Khuong, nations like Thailand and Singapore will have an even “more serious” difficulty finding labor.

He claimed regional education reforms were required, and tech firms may be encouraged to work in this area.

Everyone must execute the catching up game in this area of training their people, according to” I see the space outside, because the technologies actually advance thus quickly.”

Benja Bencharongkul is the owner of Brainergy, a engineering software company run by a telecommunications company called Benchachinda Group, which operates its own data center and cloud services in Thailand.

He claimed that the country is currently suffering from a significant shortage of skilled workers, which is further exacerbated by the arrival of tech companies with high salaries and career opportunities. Local people are left to thrive inconveniently.

” When Google or Microsoft come in, I just see a huge demand increase with, at least in the short term, the same pool of supply ( of talent )”, he said.

” We are hunting in this same small pool, and what we have seen in the last three years is the 50 % or 20 % increase in the cost of talent with no discernible increase in skill.”

He is concerned that Thailand, which has continued to prioritise economic variety, may not be able to keep up with its mates like Vietnam, which has developed a strong tech industry.

” In the older Eastern perspective, when you ask people what they want to be, a lot might say they want to become a doctor, for instance, correct? Never in Vietnam again. They want to be in tech”, he said.

Tech leaders like Benja are concerned about countries trying to be everything at once as digitalization makes its mark on many aspects of society and organization.

” We just have 70 million people and we’re producing less and less people for the workforce”, he said, referring to Thailand’s declining population. ” But, to please every business is going to be a lot more threatening.

Institutions may have to make difficult choices both now and in the future. Trying to compete with global superpowers for AI growth may turn out to be a futile endeavor, according to Kanggrawan.

He claimed that looking for business suit or niche areas to use technology could provide more advantages to citizens.

” And if we can utilize that, perhaps in Southeast Asia, businesses or service providers can become world people, but we must be believable, “he said.

Technology and coaching programs have, nevertheless, created prospects for some people with disabilities.

Jidapa Nitiwirakun, 21, was only a child when she was diagnosed with muscular disease, a condition that has caused her to gain muscle power year on year.

As she got older, she began to consider career options. &nbsp,

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Equinix, National University of Singapore partner to explore sustainability and energy solutions for data centers

  • Co-innovation hospital set to open in Q1 2027
  • Aims to test effective, reliable software with companions &amp, customers

Equinix, National University of Singapore partner to explore sustainability and energy solutions for data centers

Equinix, Inc., the world’s digital infrastructure company, and the Centre for Energy Research &amp, Technology ( CERT ) under the National University of Singapore’s College of Design and Engineering ( NUS CDE ), have announced plans to establish a Co-Innovation Facility ( CIF ) in Singapore. This program aims to accelerate the development and testing of modern answers for low-carbon power, high-efficiency heating, curvature, and energy efficiency in information areas. In accordance with conservation objectives, the Freight will determine how the digital infrastructure may develop in Singapore and other tropical areas.

Singapore’s digital economy has grown at a compound annual growth rate of nearly 13 % since 2017, contributing 17.3 % to GDP in 2022. The nation continues to grow as a global business and innovation hub with over US$ 340 million ( RM3.2 billion ) allocated for the development of artificial intelligence ( AI ) over the next five years. Data centers may adopt sustainable practices to efficiently manage energy consumption and processing needs as digital demands increase.

The CIF, set to open in Equinix’s upcoming SG6 International Business Exchange ™ ( IBX ) data centre, is part of Equinix’s Data Centre of the Future Initiative. It will serve as an empty study hub for global tech innovators, data center partners, education, and customers to test technologies focusing on consistency, power efficiency, and cost efficiency.

To address the rising computational demands of AI, Equinix has made an initial investment of US$ 4 million ( RM17.8 million ) in the CIF, which will look into innovations like integrating clean and renewable energy sources, alternative power sources, and liquid cooling. The service will even test Cognitive Digital Twin features, which will enable predicted maintenance and upgrades to address problems with the company’s recent data center models.

Lee May Leong, managing director, Singapore, Equinix, said:” The effects of climate change are being felt around the world, and it is becoming increasingly essential to embed best techniques in every aspect of our procedures. We are making a major step forward in advancing our” Potential First” sustainability agenda by reviving our successful Co-Innovation Service from Ashburn and expanding our creative efforts in the Asia-Pacific area.
She continued,” It may accelerate the development of cutting-edge technology and use practical solutions to help lessen the carbon footprint of the growing number of data centers worldwide.”

Professor Lee Poh Seng, producer, Centre for Energy Research &amp, Technology, NUS College of Design and Engineering, said:” The creation of the Co-Innovation Service highlights our commitment to forging effective business partnerships that convert groundbreaking research into functional uses. Working with Equinix allows us to draw on our knowledge of sustainability and power development to address pressing issues affecting data centers in humid climates.

” Collectively, we aim to redefine measures for functional efficiency and sustainability in digital equipment, aligning with Singapore’s interests for sustainable development and industrial leadership. This agreement is a powerful move ahead in shaping a prospect where cutting-edge development meets economic responsibility”, he added.

Important Features

  • To get opened in Q1 2027, the CIF did test lasting improvements for data areas, such as:
      Other energy options: Energy cells and battery storage can provide low-carbon energy solutions for data centres, serving as bi-directional network interfaces and on-site perfect and/or backup solutions.

    • Direct current power distribution system: This electrical power distribution architecture, known as medium voltage AC to low-voltage DC ( MVAC-LVDC ), facilitates the seamless integration of battery energy storage systems, solar photovoltaics, and other renewable energy sources with data centre power distribution networks. It has the potential to enhance grid-side power quality, efficiency, and power density for data centres.
    • This cutting-edge cooling technique optimizes space while reducing energy consumption and noise. By allowing circular data center models, it also increases the possibility of recycling leftover heat.
    • Digital twin capabilities: Data-driven models and machine learning will be utilised to enable predictive maintenance and upgrades.

Equinix and NUS have long supported Singapore’s sustainability goals and implemented a number of initiatives, including scholarships for NUS students interested in finding solutions based on nature-based climate change. In 2022, Equinix, together with the Department of Electrical and Computer Engineering and CERT, both under NUS CDE, collaborated to explore hydrogen-based green fuel technologies for mission-critical data centre infrastructure.

The study compared PEM fuel cells and fuel-flexible linear generators, highlighting their efficiency and potential as backup power solutions, particularly in tropical climates. In 2023, the results were released.

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Chocolate makers stoke boom for Indian cocoa beans

George Matthew George Matthew wearing a flat cap stands in front of a cocoa tree, with cocoa pods hanging from branches.George Matthew

If it had n’t been for the squirrels, George Matthew’s attempt to become a cocoa bean producer might have failed.

His medical career took off in the 1970s when he inherited a rubber farm in Kerala, a state in southern India.

Rubber prices were falling, so it continued to lose cash as a result of heirlooming it. Therefore, Dr. Matthew made the decision to experiment with coco plants ten years ago in an effort to raise money to pay for the farm’s remaining costs.

He planted some trees that he had purchased. It did n’t go well.

” It was not that effective- most of the trees died”, he says.

Squirrels ate coco bean pods, which made it appear as though they were aggravating the condition.

However, those assaults resulted in the spread of cocoa seeds throughout the land.

According to Dr. Matthew,” All the scattered seeds quickly grew into flowers, and they were much healthier and stronger than the trees I planted.”

” The key was in sowing the seeds”, he realised.

Now Mr Matthews has 6, 000 cocoa plants on his 50 acres of land.

” I think it was the best choice I have made”, he says.

Getty Images Cocoa farmers breaking a cocoa pod on a plantation in Intag valley, Ecuador.Getty Images

India only accounts for 1 % of the nation’s cocoa bean manufacturing despite having a number of climate-suitable climates.

Global production is currently dominated by West Africa, where Côte d’Ivoire and Ghana between them produce more than half of the world’s annual output.

Only a third of the beans are needed by American chocolate and other candy producers.

According to Renny Jacob, chair of India Cocoa, a private company that has grown and processed cocoa beans for more than 30 ages,” the problem is that it is grown in extremely fragmented little holdings, so it does not receive the attention it deserves.”

He claims that American farmers are not good at handling leftover seeds after harvest. Beans undergo a fermentation approach at the plantation once they have been removed from their seeds, which can significantly affect their flavor.

According to Sarin Partrick, chief executive of India Cocoa,” coconut digestion is a crucial step in the production of chocolate,” turning fresh cocoa beans into a kind suited for chocolate production.

” This complicated operation involves several levels and the activity of various micro-organisms, which help grow the seeds ‘ aroma, taste, and colour”, he says.

Cocoa India Two women pour beans out of buckets into a pile ready for fermentation, at a barn in India.Cocoa India

To increase the quantity and quality of coco beans production, the state has introduced some initiatives.

It is funding initiatives to create composite cocoa varieties that are more successful than their traditional varieties.

Additionally, there are programs to teach producers the most modern methods for growing and preserving beans.

Dr. Femina, a worker in the federal agency charged with developing coco production, says,” There is a huge opportunity for American farmers to enter into cocoa cultivation and reap the benefits.”

Additionally, the company is funding new cocoa trees varieties.

Dr. Minimol J. S., who leads the cocoa studies division at Kerala Agriculture University, is developing cross cocoa trees with Cadbury.

In the program’s garden existing high-performing types are cross-bred with exotic types.

So far the program has come up with 15 novel kinds.

” These are India’s first hybrid, disease-resistant seeds”, she says.

” The seedlings are drought tolerant types, and have withstood conditions of even 40C, which is often not possible”, she adds.

Additionally, hybrids produce a lot more food than classic varieties.

” Every season, there are 0.25 kilograms of trees produced globally,” the statement states.

” In Kerala, we get 2.5 kg per month per branch. In Andhra and Telangana, we are actually getting a supply of four or five pounds per trees per time,” she says.

Kocoatrait Nitin Chordia, founder of Kocoatrait, reaches forward to handle some drying cocoa beans.Kocoatrait

India’s production of cocoa bean has risen tremendously. This year it hit 110, 000 kilograms, up 40 % from 2015. However, it is still insufficient to satisfy the demand from the area’s chocolatier and candy producers.

According to the Indian Cocoa Board, industry is generating an annual requirement increase of 15 %.

Kocoatrait is one of the newcomers in American chocolates production, having been established in 2019.

Just American cocoa beans are used, according to the company’s headquarters in Chennai, on the west coast.

The main reason for this is that directly grown seeds are significantly less polluting than those shipped from other continents.

In contrast, says Kocoatrait creator Nitin Chordia, American beans are cheaper than imports and had a peculiar flavour.

Additionally, Mr. Chordia runs an agrarian school where producers can learn about the most recent advancements in bean fermentation and drying.

He claims that” we are constantly focusing on improving the cocoa farmers ‘ practices in India.”

He adds that farmers in India must produce bean of higher value.

In the large cocoa bean market, he claims,” We are unable to compete with international people.”

While there has been development, American producers have some way to go.

” Over the last century, in the fine-flavour coco bean segment, India has started to acquire noticed… but it will be many years before all American fine flavour cocoa beans reach a stage of large-scale global recognition.”

Up in Kerala, Dr Matthew reflects on his generation as a coconut producer.

” It’s a tough grow, “he says”. Last time I had no offer. No farmer can be dependent entirely on cocoa; instead, they must also grow additional trees in addition.

Despite the challenges, he’s optimistic”. The future is bright, with great need.”

A multinational corporation has reached out to me to buy my production, which will result in a profit.

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Five startups win MYCentre4IR-Bursa Malaysia ESG Innovation Challenge 2024

  • Supports necessity of innovation to fulfill conservation, business goals
  • Powered by UpLink, the World Economic Forum’s available development program

Winners of the MYCentre4IR ESG Innovation Challenge 2024 alongside corporate partners and guests, including Norman Matthieu Vanhaecke, CEO of Cradle Fund; Ellina Roslan, Senior Director MYCentre4IR, MyDIGITAL Corporation; and Muhamad Umar Swift, CEO of Bursa Malaysia.

The MYCentre4IR ESG Innovation Challenge 2024 on 7 Nov saw five innovative startups winning US$ 22, 344 ( RM100, 000 ) each in bridge funding to implement their proof-of-concept with their respective corporate partners.

The Challenge is a joint initiative by the Malaysia Centre for Fourth Industrial Revolution ( MYCentre4IR ) and Bursa Malaysia Bhd, seeking to find cutting-edge digital solutions aimed at enhancing the Environmental, Social, and Governance ( ESG) efforts of five Malaysian Public Listed Companies, namely CJ Century Logistics Holdings Bhd, Globetronics Technology Bhd, Malayan Banking Bhd, REDtone Digital Bhd and Sunway Innovation Labs ( representing Sunway Group ).

Launched on 1 Aug, the Challenge attracted local and international members, including from the United States, Sweden, Canada, India, Singapore and Namibia. 32 out of over 100 entries came from Malaysia.

The Challenge was powered by UpLink0, the World Economic Forum’s open technology platform, with access to a worldwide group of 80, 000 companies, owners, professionals and changemakers. Early-stage businesspeople are met by UpLink’s technology-enabled method, which creates an innovation ecosystem that causes good systemic change for both people and the planet.

]The World Economic Forum’s UpLink is an open technology program designed to connect companies, experts, and investors with the goal of tackling the world’s most pressing issues, including climate change, cultural injustice, and sustainable growth. ]

Our goal with this Challenge is to find fresh ideas and creative digital solutions to help businesses achieve zero carbon pollution or increase efficiency through approach technology, according to Adrian Marcellus, CEO of MyDIGITAL Corporation. It attracted over 100 entries from businesses across 30 nations”.

He continued,” Our problem is the first to be implemented via UpLink for the Southeast Asia area because of our affiliation with the World Economic Forum.”

Muhamad Umar Swift, CEO of Bursa Malaysia shared its part in this engagement. We are constantly looking to support innovative businesses that have the ability to record on the Exchange, which could potentially contain any of these businesses. To expand our investment market’s pipeline of diversified companies, we need to do this. Hosting this Challenge reinforces the importance of intentional efforts to engage on innovation in order to achieve a company’s conservation and business objectives, which are becoming increasingly important to investors from PLCs these times.

A board of 11 courts, which included representatives from Bursa Malaysia, MyDIGITAL Corporation, Cradle Fund, and each of the five participating PLCs, presented their innovative solutions during the Demo Day held at Bursa Malaysia as part of the final round. Five winners were chosen, with one winning option related to each of the five PLCs, as a result.

The RM100, 000 in gate funding for each success may be co-disbursed in phases by MYCentre4IR and Cradle Fund for the execution of the proof-of-concept pilot jobs. The companies will collaborate closely with their business partners, who will provide assistance and mentoring throughout the application phase of the year. The goal will be to achieve ESG outcomes and tangible process automation.

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Green fashion: Why dyeing clothes has a big environmental impact

Getty Images Workers at a dyeing factory in Bangladesh stand knee-deep in blue dye.Getty Images

The start-up Alchemie Technology is in the final stages of launching a venture it claims will destroy the world clothing business and reduce its carbon footprints in a small corner of rural Taiwan, set amongst other colour houses and small factories.

With the country’s second modern dyeing process, the UK-based start-up has targeted one of the dirtiest areas of the clothing business: dyeing fabric.

” Traditionally, you soak a piece of fabric in waters at 135 degrees Fahrenheit for about four hours, accumulating liters and a lot of water. For instance, to colour one bit of nylon, you’re generating 30 lots of poisonous wastewater”, Alchemie leader Dr Alan Hudd tells me.

He points out that the same method was developed 175 years earlier in the northwest of England, in the Lancashire cotton mill and the Yorkshire cotton mill, and that we exported it, first to the US and then to the companies in Asia.

Crates of white textiles sit in a large dyeing factory

The apparel industry uses an estimated five trillion litres of water each year to simply dye fabric, according to the World Resources Institute, a US-based non-profit research centre.

The industry is, in turn, responsible for 20% of the world’s industrial water pollution, while also using up vital resources like groundwater in some countries. It also releases a massive carbon footprint from start to finish – or around 10% of annual global emissions, according to the United Nations Environment Programme.

Alchemie claims its tech can assist in resolving that issue.

Called Endeavour, its system is compress cloth coloring, drying, and fixing into a considerably shorter and water-saving process.

According to the company, Endeavour uses the same concept as inkjet printers to quickly and precisely fire colour onto and through the material. The computer’s 2, 800 dispensers flames about 1.2 billion droplets per straight meter of fabric.

” What we’re really doing is registering and putting a very small cut, a really small fall, precisely and accurately onto the fabric,” the company said. And we can change these falls on and off, just like a mild switch”, says Dr Hudd.

Alchemie claims that the process produces significant savings, working three to five times as quickly as traditional processes, and reducing water consumption by 95 %, energy consumption, and energy consumption by 85 %.

Developed first in Cambridge, the business is now in Taiwan to see how Endeavour works in a real-world setting.

” The UK, they’re actually strong in R&amp, D tasks, they’re actually strong in inventing new things, but surely if you want to shift to commercialism you need to go to the actual companies”, says Ryan Chen, the new chief of operations at Alchemie, who has a background in cotton production in Taiwan.

A roll of white cloth sits on Alchemie's new dyeing machine

Other businesses are making attempts to produce nearly waterless dye.

There’s the China-based textile company NTX, which has developed a heatless dye process that can cut down water use by 90 % and dye by 40 %, according to their website, and the Swedish start-up Imogo, which also uses a “digital spray application” with similar environmental benefits.

NTX and Imogo did not reply to the BBC’s interview request.

The solutions provided by these companies “look quite promising,” according to Kirsi Niinimäki, a professor in design who studies the future of textiles at Finland’s Aalto University. However, she says she would like to see more detailed information about issues like the fixing process and long-term studies on fabric durability.

But even though it’s early days, Ms Niinimäki says companies like Alchemie could bring real changes to the industry.

” All these kinds of new technologies, I think that they are improvements. If you’re able to use less water, for example, that of course means less energy, and perhaps even less chemicals – so that of course is a huge improvement”.

Black textiles on the Alchemie dyeing machine

There are still some issues to be resolved in Taiwan, such as how to operate the Endeavour machine in a hotter, humid climate than the UK.

Matthew Avis, the service manager for Endeavour, discovered that the machine needed to operate in an air-conditioned environment, which is a significant lesson given how much apparel manufacturing occurs in southern Asia.

The business also has ambitious objectives in 2025. Alchemie is now traveling next to South Asia and Portugal to test its machines and try it out on cotton after its test run with polyester in Taiwan.

Additionally, they will need to determine how to expand Endeavour.

Big fashion companies like Inditex, the owner of Zara, work with thousands of factories. Its suppliers would require hundreds of Endeavours to work together to meet the fabric dyeing industry’s demand.

And that’s just one company- there will be many, many more in need.

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Orchard Road Christmas light-up happening on Nov 9, Christmas villages to run till January 2025

The second Great Christmas Village will be held at Shaw House Urban Plaza from Nov 8, 2024 to Jan 5, 2025.

Unleash your inner child here with carnival rides, games and claw machines.

Returning alongside the Christmas Villages is the Great Christmas Eve Street Party. Stretching 400 metres from ION Orchard to Ngee Ann City, the event will feature live DJ performances, roving mascots, pop-up stalls and food trucks.

Do note that a section of Orchard Road from Paterson Road junction to Bideford Road junction will be closed to vehicular traffic from 6pm to 2am on Dec 24 as party-goers count down to Christmas Day.

In a statement, Mark Shaw, chairman of the Orchard Road Business Association (ORBA), said: “We are delighted to once again welcome both residents and visitors of all ages to Orchard Road to enjoy the vibrant atmosphere of Christmas on A Great Street.

“As we come together with friends and family during this festive season, we want to spread love, hope, and joy. Building on last year’s sustainability initiatives, ORBA remains committed to reducing our carbon footprint at this year’s festivities by reusing and repurposing decorations from past years.”

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Growing talent should be Singapore’s top priority in building AI industry: Singtel

SINGAPORE: Singtel said a lack of talent trained in artificial intelligence ( AI ) could be one of Singapore’s most consequential bottlenecks in its digital journey.

This comes as the telco giant unveiled its new, end-to-end AI cloud venture RE: AI last Thursday ( October 10 ), which aims to make AI technologies and services more accessible and affordable for businesses.

According to the company, the service may be especially useful for local governments and sensitive industries like financial institutions that are looking to work with a local company to process data directly.

In collaboration with AI Singapore, the National University of Singapore ( NUS), and Nanyang Technological University (NTU), Singtel is launching an AI Acceleration Academy ( AAA ) to expand the talent pool.

The telco hopes to impart knowledge about AI to its employees so they can become more adept at it, as well as create a curriculum that other businesses can use to improve adjust to an extremely AI-driven environment.

A number of significant corporations have even made announcements to start and expand operations in the country, away from Singtel. The most recent is ChatGPT’s family company OpenAI, which intends to open its Singapore company later this year as part of its international expansion plans.

Mr Bill Chang, CEO of Singtel’s Digital InfraCo system, said AI can be a great army multiple and efficiency driver, with opportunities ahead for some enterprises.

In a wide-ranging meeting, he told CNA how Singtel stands out against companies, why Singapore is an interesting place for AI owners, and how the country you sustain the momentum to keep ahead of the AI trend.

Q. Tell us about De: AI and how it stands out among the lengthy list of buyers in Singapore’s AI area. &nbsp,

Our Be: AI cloud service aims to address the data center stage level of complexity of the infrastructure. We make it a service … from integration of software … to delivery with various types of networks … ( including ) a quantum safe networking for highly sensitive data. By combining all these, making it open and flexible, making it successful and removing the difficulty, making it simpler to use for sectors and enterprises, is Be: AI’s goal.

We are a homegrown brand, offering sovereign GPUs ( graphics processing units ) from a homegrown operator. Some clients place value on that.

Q. What makes Singapore so interesting for AI purchase?

First, Singapore is a company hub. The global business community has a lot of great faith in us, and we have a strong communications system. We’ve got very good outreach ( in ) Southeast Asia … and an ability to export very quickly. Artificial inventors around the world are very interested in the successes we’ve achieved as a gateway and that we can replicate across our companions in the region.

Singapore has the potential to draw in many more ( investors ) by developing collaboration platforms and expanding upon our attractiveness as a hub. We’ve got a very progressive government that thinks about policies with private and public sector collaborations, ( including ) agencies in science and research.

Q. How significant are public-private alliances for firms considering establishing operations in a nation?

We need to make sure that these alliances between the public and private businesses have a clear goal-driven approach to achieving these goals. To address the needs of AI entrepreneurs who want to consider about Asia and Singapore beyond their home businesses, we ( must make sure that we are extremely targeted.

I think we’re at the start of this. We’ve had some rapid successes, which is really heartening to view. However, this is only the beginning of AI, with businesses expanding and establishing operations in this area. It’s essential to maintain that momentum and expand that achievement, so that we can produce a bigger ecosystem. The ability to produce these intersections and connections will add value as more players are present.

Q. What is Singapore do to increase its appeal to Artificial investors?

I would say: Build on the skills pool. AI companies are very strong in software, and as they expand, they will have top quality people in Artificial engineering, data scientists and people who are able to convert solutions.

Many businesses are trying to use artificial intelligence, but they are having a difficult time doing so.

( For Singtel ), we aim to train our over 10, 000 employees to be AI proficient, so that they are able to capture value in this AI revolution that is ahead of us.

( There is also ) the sustainability issue. With GPUs consuming so much energy and carbon footprint, how do we do it sustainably? We must have the infrastructure in place to enable the deployment of more GPUs to support the AI drive.

Q. How can data centres stay both high-performing and sustainable?

GPUs, the heart of processing for AI outcomes, consume a lot of energy and generate a lot of heat. We need specialised environments ( such as ) liquid-cooled designs to handle that. ( Singtel ) has been investing heavily in sustainable, AI-ready data centres.

Last June, there were only about 60 megawatts ( MW) operating in Singapore. More than 400MW of data centers are currently being built in four countries in Southeast Asia, and half of that capacity will be liquid cooling capabilities.

We are also looking into, for instance, using renewable energy to power our assets in our operations and working with our customers to address some of the renewable energy needs in the upcoming years.

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Commentary: Could mandatory climate reporting make SGX less attractive?

SCOPE 3 EMISSIONS MOST CRUCIAL

Meanwhile, mandatory Scope 3 reporting, which has taken a back seat under the new reporting regime for now, remains the most problematic.

Scope 3 emissions are all indirect emissions that occur along the value chain of a company’s operations with upstream (such as suppliers) and downstream (such as customers) activities included.

The mandatory implementation of Scope 3 has met with pushback globally. Scope 3 emissions account for the majority of the carbon footprint for most companies, even making up to 80 per cent or 90 per cent of emissions in some cases.

Voluntary Scope 3 reporting therefore translates into a technical loophole for companies, creating opportunities for greenwashing.

To illustrate, a company could outsource its polluting operations to suppliers or sell their polluting assets to a private company, which will shift the emissions classification from Scope 1 to Scope 3. The company then could simply claim it has reduced its carbon footprint without any genuine change in the overall emissions along the value chain.

This is no different from sweeping dust under the rug – the dirt is still there, just hidden from sight.

Until Scope 3 reporting becomes mandatory and subject to strict audit requirements, mandatory Scope 1 and Scope 2 emissions reporting still lacks the horsepower to fully drive genuine decarbonisation.

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Climate change leaves future of Pacific Islands tourism ‘highly uncertain’

Christopher Cocker Christopher Cocker, the chief executive of the Pacific Tourism OrganisationChristopher Cocker

Some of the finest waters in the world, as well as picturesque beaches and forest, are scattered across the Pacific Islands, which are scattered across a sizable region of sea.

They are a magnet for commerce, which is essential for many of the countries ‘ markets.

But the state’s travel market, and those who rely on it, are extremely wary of the effect of continuing weather change.

” Pacific Island officials have declared climate change as the main threat to the livelihoods, safety, and well-being of Pacific areas”, says Christopher Cocker, the deputy executive of the Pacific Tourism Organisation.

The region’s future of tourism is still very uncertain without urgent and revolutionary action.

He continues,” All territories of the Pacific are prone to the effects of climate change. But, low-lying island states like Tuvalu, Kiribati, Marshall Islands, and the Federated States of Micronesia are more susceptible.

These islands are prone to flooding from rising seas, particularly during prince seas, and having access to safe, clean drinking water is difficult due to prolonged drought and unpredictable rainfall patterns.

Then there’s the threat of erratic and potentially devastating tropical storms, which are ranked from one ( the weakest ), to five ( the strongest ).

Australia’s Bureau of Meteorology has said that culture versions of the Pacific Ocean have suggested” there could be a potential shift towards fewer, but more intense, hurricanes”.

Citizens in Tonga claim that they are now seeing stronger hurricanes hit more frequently.

Nomuka is a small rectangular area in Tonga’s Ha’apai island, about 3, 500km (2, 175 yards ) north-west of Sydney, Australia. Surrounded by sea, its population of about 400 individuals feels at the mercy of humanity’s wishes and fury.

” We nearly always experience storms.” Sione Taufa, an associate professor of the University of Auckland Business School and a member of the New Zealand-Tonga Business Council, recalls that there were typically one or two that had a clear hit as a result.

” But today we are seeing many more frequently that those group four or five cyclones.”

Getty Images A beach in FijiGetty Images

The peril that Pacific Islands states face has been highlighted recently by United Nations Secretary-General António Guterres. Last month he attended the Pacific Island Forum Leaders Meeting in Tonga, and called for the world’s most polluting countries to cut their greenhouse gas emissions.

” The small]Pacific ] islands do n’t contribute to climate change but everything that happens because of climate change is multiplied here, “he said.

A two-hour trip heading north-west from Tonga are the islands of Fiji, a former British colony.

Last year Fiji welcomed 929,740 visitors, mostly from Australia, New Zealand, North America and China.

These, too, there is worry about a shifting environment.

Marica Vakacola is from the Mamanuca Environment Society, a group company based in Nadi, by Fiji’s major international airports.

The organization promotes responsible travel and environmental protection, and it is planting trees and restoring trees. But Ms Vakacola tells me that this piece of Viti Levu, Fiji’s biggest area, is now living with the effects of warming heat.

Saltwater from the intruding sea is contaminating bore water, and more and more water must be collected during the wet season.

” Water protection is a great risk in terms of culture shift, “explains Ms Vakacola.

” Most of the water sources that were once great enough to be consumed are now being ingested by water waters. Rising sea levels are causing coral bleaching, and the seawater’s temperature changes are causing shore sides to erode.

Marica Vakacola Marica Vakacola, second right, and colleaguesMarica Vakacola

Susanne Becken, a professor of sustainable hospitality at Griffith University in Australia, sees potential for conflict due to the Pacific Islands ‘ limited water resources.

” Drinking fluids is increasingly becoming an issue in some places,” she says.

Because tourists successfully use the liquid that the locals need, there might be issue with the community.

In Fiji and the Cook Islands, Prof. Becken has just completed his study. It revealed some sudden sentiments toward culture change and the danger it poses to island countries.

There is a little bit of rejection, where there is little that we can do about it. It was viewed with ease as a world issue that the Pacific Islands were unable to solve effectively. I was a little surprised, to be honest, that people even feel a little bit vulnerable.

” It is almost like’ let’s not talk about it’. Perhaps they are anxious to see the expansion of the tourism industry return. It is not part of the story. It is a truly tricky issue”.

The location of Fiji and Tonga

The Cook Islands, a popular tourist destination for both Australians and New Zealanders, are facing difficult realities, though, because the majority of the tourism infrastructure is enlarging around the main islands ‘ shores.

The Cook Islands Tourism Corporation’s director of location growth is Brad Kirner. He acknowledges that society discussions can be heated over global warming.

” If we accept fact, it will require some very serious adaptation strategies put in place. It’s a tough dialogue.

” There’s also the hard protection that, yes, vacation is a major contributor to global warming, and we need to face that reality. How do we come up with solutions?”

We are only a small percentage of the world’s population, and as a result, we have a very small carbon footprint. However, he continues,” We are on the front line of climate change.”

Getty Images A cyclone-damaged home in FijiGetty Images

While there might be a sense of despair, it should n’t be mistaken for an admission of defeat. Far from it. Persistence runs deep in some of the nation’s most isolated countries.

Social networks vary across the archipelago, where the impact of brotherhood parties, area networks and the community in Australia, New Zealand and beyond is paramount.

” Naturally, they will enjoy all the help that is given especially in the fallout of any natural disaster, but being treated with a victim mentality is n’t very good,” says the University of Auckland’s Sione Taufa.

” If any assistance comes we’ll be grateful for it, and if it does n’t we’ll try our best to survive. In times of need, you rely on your neighbors. Most importantly, it is a trust system.”

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