While most agree the digital economy is one of the most promising areas for growth in the Asia-Pacific region, the lack of available well-trained employees threatens to shut own growth before it starts.
Korea Republic Of Tender and Business News
After multiple years of increasingly damaging natural disasters, APEC Finance Ministers have gathered to launch a series of initiatives to help mitigate the effects of earthquakes and extreme weather in the region.
Two technology industry giants from Japan and South Korea, NEC Corporation and Samsung Electronics Co., Ltd., are pooling their resources to strengthen -- and dominate -- the next generation of mobile telecom with a special focus on 5G products.
A new liquefied natural gas venture to produce up to 26 million tons a year of LNG is backed by Royal Dutch Shell and three Asian giants together to build the new facility, plus a major investment from the Canadian government.
As the latest Typhoon Trami crashes through Japan with winds up to 134 mph and Indonesia deals with the aftermath of a 7.5 magnitude earthquake from last week, APEC has issued its own emergency call for more effective means of handling climate-driven and other natural catastrophes in the region.
The ancient Chinese city of Xi'an, which was host city for the 7th APEC E-Commerce Business Alliance Forum, was a showcase for a unique approach to fighting poverty using e-commerce. The learning here are about to roll out across the rest of APEC as a means of fighting poverty throughout the region.
Today, the leaders of North and South Korea announced new agreements to move their countries further towards peace.
Luxury electric car startup Lucid Motors just landed a $1 billion investment from Saudi Arabia’s sovereign wealth fund.
Up until now, Myanmar has imported most of its buses. A new joint venture between the Myanmar government and South Korea’s Zyle Daewoo Commercial Vehicle is going to change all that.
South Korean young-casual clothing brand Maison de ANAIS Co., Ltd., developed by Seok Hyun Jung and Jeong Ho Lee targeted towards women in their late 20's to late 30's is awaiting the release of its woman's clothing brand 'ANAIS' and 'greygrei' into the Taiwanese and Chinese market.
Agilent Technologies, an analytical laboratory instrument manufacturing company based in California, has acquired YI Scientific, a distributor of analytical and scientific instruments in South Korea, and a long-time distributor of Agilent instruments and services.
Sykesville, Maryland-based GSE Systems, Inc., a provider of professional and technical engineering, staffing services, and simulation software, has received two contracts to update nuclear power plant simulators in Slovakia and Korea.
South Korea's KT Corporation, the country's largest telecommunications company, just won a 53 billion won (US $47 million) contract to build an optical fiber network along 1,570 kilometers (975 miles) of main roads in the northern region of Luzon.
On August 13, the Incheon Youth Declaration on the Future of Work was launched in Korea by over 400 youth representatives from Asia and the Pacific.
Sen Do Technology JSC, one of the largest Vietnamese ecommerce businesses, just secured a U.S. $51 million Series-B investment led by the SBI Group from Japan.
Thanks to a concerted coordinated effort by APEC member economies, the challenge of doing business in the Asia-Pacific region has improved significantly in the past two years.
The Canada Pension Plan Investment Board (CCPIB) continues to expand its international investments, this time in a decision to invest up to US $500 million in a new investment vehicle focused on modern logistics facilities in South Korea.
Financial Supervisory Service of Korea (FSS) Governor Mr. Suk Heun Yoon and Asian Development Bank (ADB) President Mr. Takehiko Nakao, along with FSS International Cooperation Department (ICD) Director Mr. Se Hee Lim met on August 6 in Manila to discuss financial services for underserved communities.
Mitsubishi Hitachi Power Systems Wins Order for 2 Steam Turbine Power Gen Units for Vietnam Power Project
The Nghi Son-2 thermal power project in Thanh Hoa province, Northern Vietnam, has ordered two sets of steam turbine power generation systems from Mitsubishi Hitachi Power Systems, Ltd. (MHPS).
Hatten Land Limited of Singapore, resort operator Samsung C&T Corporation, and a major global designer and installer of water slides, Polin Waterparks, plan together to build an RM200 million water theme park. It will the largest in Melaka, Malaysia.
Humanscape, a South Korea startup, is developing a health information platform to share diagnostic information securely for the benefit of research organizations, remote medical advice, and more.
A new pilot project will soon be underway in Tunisia to use drones for data collection to help manage agricultural projects in the country.
The government of Tanzania will shortly be making use of a major new digital national identification system, completed under contract by KT Corp., South Korea's largest telecommunications company.
BioLogiQ, Inc., a bioplastic resin manufacturing company located in Idaho Falls, Idaho, has announced that it has appointed R&F Chemical of Seoul, South Korea as Strategic Partner.
LG Electronics, a manufacturer of home appliances, entertainment products, mobile communications products, and business solutions headquartered in Englewood Cliffs, New Jersey, announced plans for a new solar module assembly plant in Huntsville, Alabama.