Finnish telecom equipment manufacturer Nokia is working with Worldlink, the largest operator in Nepal, to deploy the country’s largest fiber to the home (FTTH) network connecting more than one million homes by 2019.
Tender and Business News
Hangzhou Just Biotherapeutics (HJB), a company focused on expanded global access to protein therapeutics, just opened its new R&D Center and Manufacturing Facility.
Canada Pension Plan Investment Board Partners With ReNew Power India through a US$144 million Investment
A 6.3% stake in ReNew Power, a major Indian clean energy Independent Power Producer (IPP), has been acquired by the Canada Pension Plan Investment Board (CPPIB) from the Asian Development Bank for US$144 million.
NEC Corporation, headquartered in Tokyo, Japan and its subsidiary in Thailand, have entered into a contract to provide the Red Line railway in Bangkok with data transmission, CCTV security, public address, and master clock systems.
Japan-based DENSO Corporation, a global automotive supplier geared towards advance technology, systems, and components, is leading a demonstration project that will train lean automation system integrators (LASIs) handling production and failure analysis equipment in Thailand through a showcase production line for next-generation lean automation.
Montreal-based Enerkem Inc., a company focused on the use of waste to produce biofuels and renewable chemicals, and Sinobioway, a Beijing University industry group, have formed a joint venture with a combined C$125M investment and the goal of building over 100 biofuel facilities in China by 2035.
International Spirit and Beverage Group Inc., an innovative producer and marketer of global wine and spirit brands based in Nevada, announced it has completed a significant sales contract with a retail group in mainland China.
TradePlus24, a Zürich-based lender, recently announced it selected Trade Ledger, an Australian deep tech startup, as its global partner to help introduce its new trade insurance wrapped lending product across Europe -- and then to enter the Australian Market.
Alibaba A.I. Labs of China, the center for Alibaba's consumer artificial intelligence (AI) prorducts, has formed a strategic partnership with MediaTek, a global fabless semiconductor company based in Taiwan, focusing on a variety of Internet of Things (IoT) initiatives.
The Women's Tennis Association, founded by women's tennis pioneer Billie Jean King and based in St. Petersburg, Florida, just revealed that Shenzhen, China will be hosting the WTA finals for ten years starting in 2019. A new tennis stadium with seating of up to 12,000 people will be built for the event.
London-based Standard Chartered Bank has further expanded its business in India with the opening of a new Bengalaru Global Business Services (GBS) center.
Australia-based Velix ID has just introduced a blockchain-based identity verification technology, as a means to getting around the growing risk of identity theft worldwide.
Mazda Powertrain Manufacturing (Thailand) Co. Ltd. (MPMT), located in Thailand's Chonburi Province, just opened a new engine machining factory.
Telecommunications service provider Ericsson, based in Stockholm, has further extended its partnership with U Mobile Sdn Bhd to transform the Malaysian telecommunications service provider's Business Support System (BSS) into an industrialized, real-time converged environment.
Chinese pipe manufacturer ZK International Group has entered into a $1.2 million contract with another China-based business, XingRong Group, one of the largest water treatment and supply company in Western China.
A $9 billion investment by a SoftBank-led consortium may be just what it takes to stabilize Uber’s chaotic rise to the top of the tech biz. It also could turn out to be the Japanese company's smartest investment ever.
One of the top five largest auto manufacturers in China and a major provider of vehicles for the African market, Guangzhou Automobile Company (GAC Motor), just landed exclusive marketing rights for the flagship FORBES AFRICA television show, My Worst Day with Peace Hyde.
To encourage more investment in technology and knowledge-based industries, the Thailand Board of investment has introduced the new "SMART Visa". The new category of Visa is expected to make it easier for expatriates, foreign experts and investors to work and invest in Thailand long-term.
Honda's Walking Assist Device, a technology product designed to help with walking rehabilitation, was just approved under the Medical Devices Directive (Council Directive 93/42/EEC) certification. This allows Honda to affix the CE marking and now market the device within the EU.
Marken, a North Carolina based wholly-owned subsidiary of UPS and focused on critical shipments in the biopharmaceutical industries, just announced it has opened a new Kit Building Center located in Shanghai.
Aecon Group Inc., a Calgary-based construction company with much history in Canada, is likely to be sold very soon to one of the biggest construction companies in China.
The management for a 165MW (DC) solar project in Egypt has selected China-based Astroenergy/CHINT Solar for a contract to provide engineering, procurement, construction, and design work (EPC) for the entire project.
The Gamiba just signed off on a Framework Agreement to receive US $210 million from the International Islamic Trade Finance Corporation (ITFC), a member of the Saudi Arabia-based Islamic Development Bank (IsDB) Group, for financing over a three year period.
Madrid-based Genomica, a major medical technology company focused on the fields of molecular diagnosis and genetic identification, just opened its first subsidiary in China.
The Shinano Mainichi Shimbun, a Japanese regional newspaper, and Fujitsu Limited have created an automated article summarization system based on artificial intelligence technology.