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China aims to develop 15 electronics firms with revenues over 10 billion yuan by 2023 - Vimarsana News

China aims to develop 15 electronics firms with revenues over 10 billion yuan by 2023

China's Ministry of Industry and Information Technology said on Friday it aims to develop 15 electronic component producers with revenues in excess of 10 billion yuan ($1.6 billion) by 2023.

Singapore faces talent crunch as tech giants scale up - Vimarsana News

Singapore faces talent crunch as tech giants scale up

SINGAPORE (Reuters) - At least three recruiters approach Singapore-based software engineer Xiao Yuguang every day with job offers. FILE PHOTO: A view of the city skyline in Singapore January 25, 2021. REUTERS/Edgar Su Demand for Xiao’s skills has soared since he graduated in 2014 with a computer engineering degree but now he just ignores the offers, having recently joined TikTok owner Bytedance after several years with Southeast Asia’s Grab. “It’s not like I want to change jobs frequently,” said Xiao. Singapore is aiming to become a regional tech hub but faces a severe talent crunch...

UPDATE 1-Singapore trading platform raises $50 mln, led by Japan-backed firms - Vimarsana News

UPDATE 1-Singapore trading platform raises $50 mln, led by Japan-backed firms

(Adds executive comment from interview) SINGAPORE, Jan 21 (Reuters) - Private exchange iSTOX, backed by Singapore Exchange and other investors, said on Thursday it is raising $50 million in its first major funding round, led by two Japanese state-backed firms. The financing will enable iSTOX to expand in Asia and offer a range of investment products, Oi Yee Choo, chief commercial officer of the Singapore-based regulated trading platform told Reuters in an interview. Choo, formerly the Singapore investment banking chief of UBS till late 2019, said iSTOX expects more than 20 listings on its pla...

Singapore trading platform raises $50 mln in round led by Japanese state-backed firms - Vimarsana News

Singapore trading platform raises $50 mln in round led by Japanese state-backed firms

Trading platform iSTOX, backed by Singapore Exchange and other companies, is raising $50 million from a group of investors led by two Japanese state-backed firms in its first major financing round.

FEATURE-Kenya slum dwellers battle COVID-19 downturn with virtual currency - Vimarsana News

FEATURE-Kenya slum dwellers battle COVID-19 downturn with virtual currency

By Kagondu Njagi, Thomson Reuters Foundation 6 Min Read NAIROBI, Jan 20 (Thomson Reuters Foundation) - Sitting on a low bench at her shop in a Nairobi slum, Grace Wangari sifted through a handful of grains that a waiting customer had just ordered. As she poured them into a shopping bag, the customer scrolled through her phone to pay for the purchase. Normally, Wangari would have been paid in shilling notes, Kenya’s hard currency, but in some ways she preferred the digital payment that was instantly transferred to her phone. “I am happy with this transaction because there is no risk of los...