S. Korea’s ICT ministry hit for allowing Amazon, Microsoft to enter public cloud market
Dec 31, 2022 17:38 pm UTC| Technology Economy Business
South Koreas Ministry of Science and ICT is facing a backlash for allowing foreign tech giants Amazon and Microsoft to penetrate the countrys public sector cloud computing service market. Domestic companies such as KT,...
S. Korea to introduce high-tech sector foreign talent visa
Dec 31, 2022 17:38 pm UTC| Business Technology Economy
The South Korean government will introduce an E-7-S visa for high-tech industry employees and high-income earners that will take effect in January. Easing visa requirements in the high-tech sector is part of...
Singapore’s 4Fingers Crispy Chicken expands to Jakarta
Dec 31, 2022 17:38 pm UTC| Life Economy Business
Singaporean fast food chain, 4Fingers Crispy Chicken has launched its first store in Jakarta, Indonesia. Located inside Grand Indonesia West Mall in Jakarta, 4Fingers offers a menu also served in its other stores in...
Shinhan Bank to hasten customer-oriented digital innovation under new CEO
Dec 31, 2022 17:36 pm UTC| Business Economy Technology
Shinhan Bank CEO Han Yong-gu pledged to speed up its much-hyped digital innovation strategy with the goal of transforming it into an invisible bank, speaking to reporters during a press conference, Friday. According to...
Pfizer, GSK, Bristol Myers, AstraZeneca, Sanofi to raise prices on at least 350 drugs in US
Dec 31, 2022 17:29 pm UTC| Health Economy Business
Drugmakers including Pfizer Inc, GlaxoSmithKline PLC , Bristol Myers Squibb, AstraZeneca PLC and Sanofi SA will raise prices in the US on over 350 unique drugs in early January. The increases are in preparation for the...
Goldman Sachs to layoff employees starting January 2023
Dec 31, 2022 11:22 am UTC| Business Economy
Goldman Sachs Group Inc. recently announced that it would have to reduce its workforce next year. The companys chief executive officer said that the unfortunate job cuts may start as soon as January 2023. According to...
Samsung hires Mercedes-Benz executive to lead its mobile design team
Dec 31, 2022 08:15 am UTC| Business Economy
Samsung Electronics made an announcement on Friday, Dec. 30, about a new appointment in the company. It has hired Mercedes-Benzs senior designer, Hubert H. Lee, to lead its mobile units design team. According to Yonhap...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects