Digi Times — Bids for 2,500-2,600MHz frequency bands for 4G mobile communications on November 26 resulted in total bids of NT$23.100 billion (US$711 million), 60.42% over the total floor price, according to the National Communications Commission (NCC). The closing bidding prices were: NT$5.865 billion for D1, NT$5.640 billion D2, NT$5.640 billion D3, NT$3.005 billion D4, NT$1.445 billion D5 and NT$1.505 billion D6, NCC indicated.
Digi Times — The Korea government has announced from 2016 it will invest US$110 million over a five-year period into developing materials and components for wearable products, according to Korea-based D-Daily. Roughly US$13 million of the amount will be used for developing support centers in aim of further commercializing the technology, the report said. IDTechEx believes the wearables market will reach US$70 billion in value in 2024.
Enterprise Innovation — The Infocomm Development Authority of Singapore (IDA) has partnered the National Library Board (NLB) to open the third IDA Labs facility at Jurong Regional Library (JRL). Minister for Communications and Information Dr. Yaacob Ibrahim officially opened the facility on Friday. In bringing technology closer to the community, IDA and NLB said they hope to encourage hands-on experimentation and creation as a new way of learning.
Times of India — MUMBAI: Tata Consultancy Services (TCS) and France-based Gfi Informatique – a value-added IT services and software vendor – on Tuesday said they have entered into a strategic partnership agreement on smart cities to meet the requirements of digital initiatives in public transportation, water, and energy.
Business Wire — Governments around the world can all agree that Open Data increases government transparency and public participation, and serves as the foundation for innovative services when combined with the private sector’s creativity, which further creates economic value. The Industrial Development Bureau (IDB), Ministry of Economic Affairs held the “2015 Asia Pacific Open Data Summit” on the 14th, inviting representatives from Japan, South Korea, Thailand, the Philippines, and Indonesia to Taiwan to exchange experiences in developing Open Data.
Vietnam Net — The visit comes at a time when Vietnam is set to benefit significantly from the Trans-Pacific Partnership deal (TPP) and the need for digital transformation is more urgent than ever to help organisations continue to thrive. As a trusted cloud advisor and with over two decades of impact in the Vietnamese market, Microsoft has become a prominent enterprise that is active in supporting the government, local authorities and enterprises, to develop the IT capabilities of the country.
SINGAPORE: An IT Park specialist firm in Singapore is planning its expansion in India where it manages more than $1 billion worth of Tech Park assets. “We believe in the future of India and are committed to growing in the country. We are constantly on the lookout for opportunities to invest/develop the right assets with like-minded partners,” said Manohar Khiatani, president and group CEO of Ascendas.
Establishment Post — During his presidential campaign, Joko Widodo repeatedly vowed to implement an e-government system that would strengthen monitoring, improve accountability and ultimately curb corruption. Coming into his second year in term, the president is finding the task easier said than done, as Indonesia struggles to cope with a lack of technical and human support for its e-government plans.
Tech in Asia — Alibaba founder and chairman Jack Ma says he never thought he’d someday stand in front of the world’s finest minds to talk about his dream. But today, he did just that in Manila, where leaders of 21 countries and executives of Fortune 500 companies gathered for the Asia-Pacific Economic Cooperation Summit.
Myanmar Times — The bidding process comes as part of a broader national satellite program, with the government aiming to address existing needs in the market and to eventually fill the country’s slot in the sky with a Myanmar satellite. Myanmar has pursued a satellite program for five years now, with the country following the lead of others, according to Post and Telecommunications (PTD) director U Than Htun Aung.
Times of India — NEW DELHI: The telecom ministry has issued notices to state-owned BSNL, MTNL and India Posts after union minister Ravi Shankar Prasad personally took note of citizen complaints over service quality on social media since July. Prasad, who has over 4.65 lakh followers on Facebook, received the complaints relating to the three departments under his ministry.
LA Times — Internet users in America voiced outrage this fall over the imminent launch of a Yelp-style app intended to let anyone post public reviews of their friends, acquaintances and yes, enemies — with no opt-out option. The outbursts prompted the creators of the app, Peeple, to reconsider. But in China, government authorities are hard at work devising their own e-database to rate each and every one of the nation’s 1.3 billion citizens by 2020.
IB Times — Strict new security laws on the books or under consideration in China are causing U.S. technology companies to rethink their approach to the country as they weigh the risks of compliance against the cost of foregoing sales in the world’s second largest market. Under the rules, Western tech vendors doing business in China may have to share source code – the secret sauce behind their products – with regulators and build in encryption back doors that would let authorities monitor the contents of their networks.
IT News — Victoria’s public sector superannuation manager is planning to move its IT infrastructure to the public cloud in a major overhaul triggered by the planned decommissioning of its two existing data centres. The state’s Emergency Services & State Super (ESSSuper) manages the retirement funds of roughly 141,000 public servants and emergency services workers.
Times of India — TOKYO: Japan’s securities watchdog is likely to recommend Toshiba be fined about 7 billion yen ($57 million), a source familiar with the matter said, in what would be a record in the country for accounting-related violations. The recommended fine would exceed the previous record of 1.6 billion yen paid by industrial conglomerate IHI Corp in 2008. But critics have said the amount is still light compared with what could be levied by US regulators in a similar case.
Times of India — NEW DELHI: The government is working on the definition of e-commerce to clear the air over key issues such as taxation and foreign investment in the burgeoning sector. Commerce and industry minister Nirmala Sitharaman said her ministry has received inputs from almost all the states on the issues related with FDI in e-commerce segment.
PRNewswire — JACKSONVILLE, Fla: APR Energy plc, a global leader in fast-track power solutions, announces today that its 102MW project in Myanmar has been extended through 2016, with financial terms similar to those in the initial agreement. The original contract for the plant, signed in February 2014, was the first agreement between a U.S.-based company and the government of Myanmar for power generation since the lifting of sanctions.
Times of India — The Tata group has won the first round of a legal skirmish with a former high-ranking employee who took to social media to allegedly defame his employer after his services were terminated. The Bombay high court, which ruled in the company’s favour, has imposed a fairly comprehensive gag order on the disgruntled worker, asking him to remove all material deemed libelous and forbidding him from making any disparaging remarks about a wide section of Tata employees.
Times of India — NEW DELHI: India is eyeing share of 5-6% in $300 billion global internet of things (IoT) industry in the next five years, Department of Electronics and IT secretary JS Deepak today said. “A policy framework around internet of things is in consultation stage. As per reports global IoT industry would be $300 billion by 2020 globally. The idea of IoT policy is that India should have 5-6% share at least of global industry,” he said while speaking at the CII National IoT Summit. Deepak said that the policy in works aims at creating $15 billion domestic industry by 2020.
Enterprise Innovation — Allen Yeung is just completing his first 100 days as Hong Kong’s new GCIO. He has taken the post after several years at Hong Kong Science & Technology Parks where he last served as chief corporate development officer – responsible for corporate strategic planning and market research in setting short-term to long-term corporation directions; global and Mainland strategic partnerships; and incubating innovative technology startup companies.