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Thailand Updates Smart Visa Program To Improve Access

On November 6, Thailand's Cabinet upgraded the qualifications, criteria and incentives for the Smart Visa, a special visa issued to highly-skilled experts, investors, senior executives and startup entrepreneurs working in targeted industries.

Russian Venture Transactions Surge by 48% From Previous Year

According to PwC and the Russian Venture Company (RVC)'s latest look at the Russian venture capital industry, the market for venture transactions was up for the first time in years -- and by 48% to reach US $243.7 million compared to the previous year's $165.2 million.

Philippines Selects Consortium Led by China Telecom for Third Telecom Provider

After two competitors were disqualified, the government of the Philippines selected the Milsaltel Consortium, a joint venture consortium including China Telecommunications Corp., Udenna Corp. and its subsidiary Chelsea Logistics Holdings Corp., and franchise holder Mindanao Islamic Telephone Company, Inc., (Mislatel), as the provisional winner for the lucrative third telecom provider slot in the Philippines.

Seychelles Launches First Sovereign Blue Bond

The world's first sovereign blue bond, with its goal as a financial instrument to support sustainable fisheries and marine projects, was just launched by the Republic of Seychelles.

Australian Organizations Issues New Smart Building Standards

The Code for Smart Communities was just released jointly by the Smart Cities Council and Green Building Council of Australia, as a new set of standards to guarantee smart cities are built to be sustainable and properly support multiple modern needs for citizens.

Royal Australian Navy Commissions Unmanned Aerial Squadron

The Royal Australian Navy's Naval Unmanned Aircraft Systems Unit (NUASU) was just officially commissioned to the 822X Squadron, representing a major step forward in Australia's capability to operate unmanned military aerial systems in the maritime domain.

Cathay Pacific Suffers Major Data Breach

Hong Kong flagship airline Cathay Pacific revealed on October 24 that critical personal data and travel information on 9.4 million passengers had been breached.

Bombardier Accuses Mitsubishi of Stealing Aircraft Trade Secrets

On October 19, Canadian aircraft manufacturer Bombardier filed suit in Seattle against Mitsubishi Aircraft Corporation, Aerospace Testing Engineering & Certification Inc. (AeroTEC) and a number of former Bombardier employees, alleging the former employees conspired with Mitsubishi and others to steal trade secrets.

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