Commentary on data protection and tech in Asia

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Could Vietnam’s new tech city be its own Silicon Valley?

The local government of Vietnam’s largest city and financial capital, Ho Chi Minh City (also known as Saigon), is going ahead with plans to repurpose a large part of the city into the country’s first technology hub following approval from Prime Minister Nguyen Xuan Phuc. 22,000 hectares of land with a population of 1.1 millionContinue reading “Could Vietnam’s new tech city be its own Silicon Valley?”

Interview: The future of tech investments in China amidst the global uncertainties

Original article: KrASIA Venture capital in China has a short but impressive history. Over the past 15 years, the country has given birth to a third of the world’s unicorns (startups valued at US$1 billion and above). At the same time, the Chinese VC industry has expanded more than ten-fold. By the second quarter ofContinue reading “Interview: The future of tech investments in China amidst the global uncertainties”

These Asian tech startups have been raking up millions in investments during the pandemic

Economic statistics cannot keep up with the rate at which people are losing jobs all over the world as a result of the COVID-19 pandemic. The tech industry has been no different, as we have seen mass layoffs, especially in companies whose operations have been severely curtailed by lockdown measures, such as ride-hailing applications. However,Continue reading “These Asian tech startups have been raking up millions in investments during the pandemic”

Why the two most popular manufacturing alternatives to China aren’t as flawless as the media makes them out to be

Vietnam and India have long been touted as manufacturing alternatives to China. This year, their governments have been welcoming foreign investment consideration relocation from China. However, the two countries aren’t quite the exemplary options that some make them out to be. The world has long relied on Chinese factories and firms to provide all kindsContinue reading “Why the two most popular manufacturing alternatives to China aren’t as flawless as the media makes them out to be”

COVID-19, data protection, and the consolidation of the Indian surveillance state

India’s contact tracing app, Aarogya Setu (meaning “bridge to health” in Sanskrit), was released on April 2. The app is similar in many ways to other contact tracing apps, but it looked mainly to the model of China: you input data about yourself including your name, age, and travel history; the app enables Bluetooth andContinue reading “COVID-19, data protection, and the consolidation of the Indian surveillance state”

Health codes could remain in China after the pandemic

A proposal from the government of Hangzhou, a city of over 10 million residents in China and home to Alibaba, could retain health codes after the pandemic to assess lifestyle habits like exercising and medical checkups. Several apps in China can determine how at-risk you are of having COVID-19 through a simple signup process, assigningContinue reading “Health codes could remain in China after the pandemic”

Singaporean sovereign wealth fund joins Libra

Temasek Holdings, a Singaporean state-owned investment firm, has joined Facebook’s digital currency project and become the first government-owned fund to join the association. Temasek is Singapore’s sovereign wealth fund and has over US$210 billion under management, including investments in Alibaba, Tencent, and Dell. The fund tweeted that it was looking forward to the potential ofContinue reading “Singaporean sovereign wealth fund joins Libra”

Interview: Will edtech stay around after the pandemic?

Original article: KrASIA The launch of EduSpaze, Singapore’s first edtech accelerator, could not have come at a better time. In just a couple of months, approximately 1.58 billion students have been impacted by school closures, and teachers have had to adopt online teaching solutions swiftly. KrASIA discussed the situation with Niko Lindholm, program director ofContinue reading “Interview: Will edtech stay around after the pandemic?”

End of an era: China moves into a slower growth phase driven by B2B entrepreneurship

Amid the China-US trade war and calls to curb reliance on Chinese imports in a post-pandemic world, it has become even more critical to understand the domestic economy in China. This article illustrates the significant shift from a high-growth period fuelled by B2C internet startups to a more moderate growth phase led by B2B businesses.Continue reading “End of an era: China moves into a slower growth phase driven by B2B entrepreneurship”

Samsung releases the world’s first 5G smartphone with quantum security

The Galaxy A Quantum, a rebrand of the Galaxy A71 5G, one of Samsung’s popular mid-range handsets, was released in South Korea on May 22. The smartphone includes a quantum random number generator (QRNG) chipset made in cooperation with Samsung and SK Telecom’s (South Korea’s largest mobile carrier) Switzerland-based ID Quantique. Random numbers are anContinue reading “Samsung releases the world’s first 5G smartphone with quantum security”

Interview: How ByteDance, the world’s largest startup, is taking on Southeast Asia

Original article: KrASIA ByteDance is more than just TikTok. The technology company, founded by Zhang Yiming in 2012, operates numerous online content platforms and services that include the popular apps Douyin and Toutiao in China. TikTok, the international version of Douyin, has already overtaken Facebook to become the world’s second most downloaded app. Considered theContinue reading “Interview: How ByteDance, the world’s largest startup, is taking on Southeast Asia”

Survey: Singapore residents don’t trust technology to make decisions for them

Singapore residents do not trust data and technology when it comes to making meaningful decisions that have a significant, long-term impact on their lives. New research from data intelligence company Qlik conducted by YouGov shows that more than half (56%) of those surveyed tend to make decisions based on their emotions, experiences, and intuition, asContinue reading “Survey: Singapore residents don’t trust technology to make decisions for them”

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