Page 30 - Eric Chan News Today

The cost of sending a container from Asia to Europe is about 10 times higher than in May 2020, while the cost from Shanghai to Los Angeles has grown more than sixfold.

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.

Manufacturers reeling from shortages of key components and higher raw material and energy costs are also being forced into bidding wars to get space on cargo vessels.

and smart city developments in Hong Kong HKT (SEHK: 6823) - HONG KONG, June 1, 2021 - HKT, Cyberport, Hong Kong Science and Technology Parks Corporation(HKSTP) and a number of local startups have formed the HKT Startup Ecosystem to accelerate digital transformation and smart city developments in Hong Kongto drive Hong Kong forward by leveraging emerging technologies. As the premier telecommunications service provider and a leading innovator in Hong Kong, HKT has been nur...

Fintech Innovation Lab Asia Pacific Returns in 2021, Aims to Help Early-Stage, High-Potential Startups The Fintech Innovation Lab Asia Pacific program has now returned for its eighth edition this year with additional opportunities for early-stage and high-potential startups. Cyberport, a founding partner, will be giving finalists from the 2021 cohort the chance to take part in the 2-year (or 24-month) Cyberport Incubation Program (CIP) and will also provide access to Cyberport’s Marco Fund...

WHAT The pandemic has forever changed how, when and where consumers shop. But how do ecommerce businesses capitalize on these trends and build a foundation for sustainable growth?  Chargebee is hosting a webinar with partners PayPal and Avalara to answer this question and explore how subscriptions can help ecommerce businesses increase their growth trajectory. Theyll discuss both the benefits and challenges of subscription offerings for D2C brands and traditional online retailers, and share ...

Sign up for the Morning Brief, delivered weekdays. Subscribe As Pfizer prepares to parents are wondering about the safety, efficacy and side effects their children might experience. In a clinical trial, the company reported that none of the children in that age group who received the vaccine developed symptomatic infections. This is especially good news given a recent report from the American Academy of Pediatrics, which found that Speaking with our newsroom’s Take Two program, Dr...

(APRU), a consortium of 58 leading universities in the Pacific Rim region, today held the APRU Esports Fellowship Workshop on the Cyberport campus and online. Talon Esports, a Cyberport incubatee and well-known organiser of esports leagues, shared its perspective on the esports business ecosystem and how marketing and business sponsorship can benefit the industrys development. 30 students from universities in Hong Kong and the Pacific Rim, including the Hong Kong University of Science a...

(Photo via PNA / FILE PHOTO) The outgoing flight, designated as flight no. PR358, left the Ninoy Aquino International Airport (NAIA) Terminal 2 at 7 a.m . The travel time to Beijing Capital International Airport is an estimated five hours. After a one-hour ground time, the return flight, designated as PR359, will leave for Manila with the government-purchased anti-coronavirus disease (COVID-19) on board. This mission will bring the total number of vaccine doses flown in by PAL to 2.4 million. C...

Decentralized derivatives exchange Injective Protocol has raised $10 million in a “party funding round” from new investors. What Happened: According to TechCrunch, billionaire investor Mark Cuban has made a strategic investment in the project, joining other high-profile venture firms like Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. "This was a private placement token sale," Mirza Uddin of Injective Protocol told The Block on Tuesd...