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US ban will not affect Huawei’s 5G products

Huawei founder Ren Zhengfei on Tuesday shrugged off US attempts to block his company’s global ambitions, saying the United States underestimates the telecom giant’s strength. Ren spoke to Chinese media days after President Donald Trump issued orders aimed at thwarting Huawei’s business in the United States, the latest salvo in a campaign to stop the […]

Pharma exports grow 11%, cross $19 bn

India’s pharmaceutical exports grew a robust 10.72% in 2018-19, and raced past the $19-billion mark for the first time, a performance marked by a rebound in the U.S. market, improved show in almost all the top 25 destinations and across categories. Exports touched $19.13 billion as against $17.28 billion of 2017-18, the previous highest, details […]

Silk Road 3.0

China is revising its flagship overseas infrastructure spending plan after criticism. Christopher Beddor explains to Pete Sweeney what the next version of the Belt and Road initiative will look like. SOURCE: Reuters (3)

India’s renewable energy initiatives

By Charles F Moreira, Editor India will achieve its target of 175 GW (gigawatts) or 175,000 MW (megawatts) of installed renewable electrical energy generation capacities ahead of its 2022 deadline, a senior government official said on 23 February 2018. The International Solar Alliance (ISA) will help mobilise sufficient funds for the solar energy projects, according […]

China UnionPay expands business partnership along Belt and Road

China UnionPay’s international business arm has teamed up with Belt and Road Initiative countries in a bid to build an interconnected payment network within the region and support personnel exchanges. UnionPay International signed agreements with five mainstream institutions from Indonesia, Laos, Thailand, the UAE and Uzbekistan in Beijing to boost cooperation in traditional and digital […]

China’s tax cut benefits more

China’s continued efforts to reduce taxes have benefited more businesses and individuals, an official said. New tax cuts saved 341.1 billion yuan (around US$50 billion) for tax payers in the January-March period, Cai Zili with the State Taxation Administration said Tuesday at a press conference. Cai said the cut was more inclusive and sharper than […]

New passenger terminals may lure more cruise liners to India

The Indian Centre’s decision to develop new passenger terminals at five major ports will pave the way for international cruise liners to enter India, said a top official of the Pune-based CruiseBay. CruiseBay offers 1,500 cruises from 35 cruise liners to over 100 destinations across the world. Right now, it has five offices and plans […]

Study identifies skills for more competitive financial sector workforce

A study commissioned by the Institute of Banking and Finance Singapore (IBF) and the Monetary Authority of Singapore (MAS) has set out how data analytics and automation are likely to augment or transform 121 job roles in Singapore’s financial sector over the next 3 to 5 years. The study, conducted by Ernst & Young over […]

Cybersecurity is now a boardroom issue

The past year-and-a-half has been an inflection point in cybersecurity with the battle against lack of awareness among businesses and the public sector largely being won, mainly following the two global ransomware attacks — WannaCry and NotPetya — according to Maninder Singh, corporate VP, cybersecurity services, HCL Technologies. Read the full story at https://www.thehindu.com/business/Industry/hcl-and-cybersecurity/article26831242.ece SOURCE: […]

China produces more wind-generated electricity than solar

Image: Wind Investment Monitor 2019 – courtesy China Energy Portal By Charles F. Moreira, Editor Having reported on China’s solar electricity generation initiatives and facilities, Enterprise Trade Views now takes a look at China’s wind-generated electricity initiatives and we find that more electricity in China is generated from wind than solar. According to 2018 electricity […]

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