SANY Empowers Intelligent Port Construction to Achieve Major Breakthrough
SHANGHAI – Sany Marine Heavy Industry Co., Ltd., the port machinery subsidiary of SANY Group, has achieved a significant breakthrough with its H-Move2.0 intelligent system in the tire crane automation project at the Port of Tianjin. The system has improved the operational efficiency of tire cranes to 20 moves per […]
Founder Group secures multiple contracts worth approximately US$5.5 million
KUALA LUMPUR – Founder Group Limited, a pure play, end to end engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is pleased to announce the receipt of several Letters of Award (LOAs) for multiple large-scale solar projects, with a combined contract value of approximately […]
Malaysia’s nearshoring edge: A gateway to Southeast Asia
From electronics to aerospace, Malaysia’s growth potential is unmatched, offering strategic benefits across multiple industries. Strategically positioned in the heart of Southeast Asia, Malaysia is a veritable gateway to the region. Its major shipping routes and international airports connect businesses to key Association of Southeast Asian Nations (ASEAN) countries like […]
Nexif Ratch Energy Secures Financial Close 145MWp Bacolod Solar Power Project in the Philippines
Nexif Ratch Energy, a leading independent power producer focused on renewable energy solutions, is thrilled to announce the financial close of its 145MWp Bacolod Solar Power Project, its second solar power project in the Philippines. The Bacolod Solar Power Project, developed by Negros PH Solar Inc, is located across Bacolod […]
Policy Address by Hong Kong SAR’s Chief Executive John Lee: New Initiatives to Propel Economic Growth
John Lee, Chief Executive of the Hong Kong Special Administrative Region unveiled a range of measures in his 2024 Policy Address (October 16) to inject greater vitality into the economy, focusing on both established and emerging industries. In terms of existing businesses, Mr Lee said the Government would explore new […]
DigiTech ASEAN Thailand and AI Connect 2024 – Gathering of Global Tech & Digital Community in Bangkok this November
The global tech and digital community is gathering again at its annual DigiTech ASEAN Thailand & AI Connect 2024, to take place at IMPACT Exhibition and Convention Centre, Bangkok, Thailand from 20th to 22nd November 2024. Hosted by two Thai Ministries, namely the Ministry of Digital Economy and Society and […]
Delta Electronics showcases integrated solutions at ITAP 2024
Delta, a global leader in power management and provider of IoT-based smart green solutions, is highlighting the importance of integrated solutions at the seventh edition of Industrial Transformation ASIA-PACIFIC (ITAP 2024). Showcasing its modular and integrated portfolio designed to optimise processes and space, address labor shortages, and enhance power dispatch […]
Mitsubishi Power Completes Landmark 5,300MW Combined Cycle Power Plant Project in Thailand
Final Eighth M701JAC Unit Begins Operation at Gulf Group and Mitsui & Co., Ltd., Joint Venture Plant This marks Mitsubishi Power’s largest-ever completed order by capacity, contributing to Thailand’s energy security and decarbonisation – The project’s previous seven M701JAC gas turbine units installed across two GTCC plants in Rayong and […]
Lindemann launches modular mid-size shredder
Lindemann Metal Recycling has announced the launch of a mid-size shredder, the TXS 69×90, aimed at customers in Asia, the Middle East and South America looking for efficient solutions with a strong performance-to-cost ratio. Thanks to its modular “plug and play” design, the TXS 69×90 can be installed and […]
Water-Energy Efficiencies: The Catalyst to Semiconductor Sustainability
–Eric Lai, Senior Regional Sales Director for Industry APAC Fuelled by the explosive growth of emerging markets like AI and electric vehicles, the semiconductor industry – which manufactures the essential materials that power these technologies – is poised to grow into a massive trillion-dollar industry by 2030[1]. At the very […]
Accuron Technologies & Hyundai CRADLE Co-Invest in Xnergy
Singapore-based Precision Engineering Group Incubates Contactless Charging Start-Up Accuron Technologies (Accuron), in partnership with Hyundai CRADLE—Hyundai Motor’s corporate venturing and open innovation business, is pleased to announce a strategic investment in Xnergy Autonomous Power Technologies (Xnergy), a Singapore-headquartered start-up developing contactless charging solutions for autonomous electrified mobility. This investment also […]
South Korean consortiums leading the realisation of industrial metaverse
Consortium achievements illustrate the capability of industrial metaverse in 3 industry whitepapers Technology is evolving to support modernisation and enable innovation in industry. South Korea’s National IT Industry Promotion Agency (NIPA) is supporting local technology development, eventually promoting the efforts and success to an international audience. Though often conflated with […]
Is life getting better for China’s tech billionaires?
Wenting He, PhD candidate of International Relations, Australian National University. According to the latest Bloomberg Billionaires Index, Pony Ma, co-founder of Tencent Holdings, is once again China’s richest person, now with a net worth of more than A$65 billion, placing him 27th globally. Close behind him in the rankings are bottled water tycoon Zhong Shanshan, and Zhang Yiming, the main co-founder of tech giant ByteDance, which owns TikTok. Only a few years ago, China’s ruling Communist Party launched a crackdown on billionaires and other business leaders. Some were publicly jailed. Others simply disappeared from public view. Ma’s resurgence might seem like a positive signal of a more permissive market environment. But as we watch China’s private sector grow, we should remember it follows China’s unique playbook. The ascent of Tencent Ma’s wealth primarily comes from his stake in Tencent, which he co-founded in 1998 with its headquarters in Shenzhen. As China’s economy grew, Tencent became a world-leading internet and technology company. Tech billionaire Pony Ma at a government meeting in 2018. Song Fan/AP Tencent is well-known for QQ and WeChat, which quickly became two of the most popular instant messaging apps in China and connect more than a billion people. Tencent is also the largest video game vendor in China, with popular games such as “Honour of Kings” and “League of Legends”. Last month, Tencent released “Black Myth: Wukong”, China’s first-ever “AAA” video game. AAA is a globally recognised gaming industry buzzword that refers to major, high-budget, standalone productions. The much-hyped game surpassed 10 million sales across platforms within three days of its release, becoming one of China’s most successful games of all time. The game itself draws on a 16th century Chinese novel called “Journey to the West” and features various Chinese landscapes. Its popularity aligns with Beijing’s ongoing efforts to boost China’s international cultural appeal. China’s state-owned media outlet Xinhua […]