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Insights
02-Jul-18 Singapore-based life sciences tech company Esco Group will be investing RMB100 mn (USD15 mn) into opening an innovation centre in Jiangsu, China, to capture China’s healthcare sector boom. The new unit is scheduled to be completed by late 2019. [image: Esco Group]
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Insights
Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.
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Insights
30-Jun-18 Consumers will complete mobile payment using upgraded facial recognition technologies on China-branded Android phones as early as Jul-18. Oppo will partner with Alibaba to kick off facial recognition authorization on AliPay using its new technology called FaceKey 3D. [image: Shine]
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Insights
30-Jun-18 Technology firms are racing to shake up a creaking state-run health sector in China. Alibaba is hoping to use its cloud and data systems to tackle issues like ambulance delays, long patient queues and a lack of doctors. [image: Reuters]
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Insights
29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]
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