
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
A press release has stated Vietnam will universalise 5G through producing 5G devices with quality and reasonable prices in 2021, as developing 5G networks is one of the key directions on improving the capacity of digital infrastructure for national digital transformation.
According to the Minister of Information and Communications, Nguyen Manh Hung, the use of 5G handsets produced by Vietnam is a measure to help enhance network security and safety. To implement this, one of the solutions is to research and master the design and manufacture of 5G network equipment and chips.
State-run Viettel Group’s Viettel High-Tech Industries Corporation and Vingroup’s VinSmart Research and Manufacture JSC in October signed a cooperation agreement on the development of a 5G gNodeB base station system.
Earlier, the first device incorporating 5G technology produced by Vietnam was successfully tested. According to the Centre for Telecommunications Quality and Measurement under the Ministry of Information and Communications (MIC), Vsmart Aris 5G had been tested many times and gave positive results.
Through many technical tests, 5G speed on Vsmart smartphones using Sub6 band is nearly eight times higher than 4G and promises to continue to increase when VinSmart applies mmWave band in the coming time.
The successful development of the Vsmart Aris 5G smartphone shows that Vietnam is ready to master advanced technologies. This is the basis for asserting that the country can completely accelerate in the Industrial Revolution 4.0.
MIC and the Market Licensing Division of the Vietnam Telecommunications Authority also decided to shut down old-tech wavebands so that network operators can optimise operations and reserve frequency resources for new technologies.
As OpenGov reported earlier, MIC has recently allowed two mobile operators, Viettel and MobiFone, to test and commercialise 5G in Hanoi and Ho Chi Minh City as it is a good foundation to bring Vietnam into the group of the leading countries in the world in deploying 5G.
Unlike the previous test, which was heavily technical, the target audience of this test was mobile subscribers. This is an important test to help local operators evaluate the technology and the market before officially implementing commercialization of 5G in Vietnam.
These are all concrete steps that show Vietnam’s approach to 5G development towards mass commercialisation by 2021. Mani Manimohan, head of Digital Infrastructure Policy and Regulations at GSMA, predicted that over the next 5 years, more than one billion people worldwide will use mobile data, the average consumption per month would be 4-5 times more than previously, and 5G is an effective technology to meet that need.
In addition to users, industries need 5G applications. This will be the key to the computing power and automation of factories. Also, Manihohan said that governments should see the mobile ecosystem with a scale of more than US$ 1 trillion as a driving force for development.
Meanwhile, an industry expert noted that 5G will change all industries. Manufacturing, agriculture, and healthcare industries will change drastically thanks to the presence of robots and 5G information transmission systems. Vietnam possesses the essentials to develop science and information technology and is expected to become a developed economy by 2045.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
In a proactive move to bolster digital resilience, Taiwan’s Ministry of Digital Affairs (moda) recently conducted its first-ever “disaster roaming” drill in collaboration with the nation’s three major telecommunications providers.
This exercise, held as part of the “2023 National Disaster Prevention Day Large-Scale Earthquake Disaster Response Mobilisation Exercise,” showcased the critical role of cross-network roaming in ensuring citizens’ access to basic and secure communication during emergencies.
The concept of “disaster roaming” differs from commercial roaming mechanisms. It is a government-driven initiative designed to ensure uninterrupted communication services for the public during significant disasters or emergencies.
In essence, it allows individuals to connect to operational mobile communication networks of other providers, irrespective of their original contracts. This initiative addresses a fundamental need: maintaining communication rights when they matter most.
The recent disaster roaming exercise took place in the Hsinchu County Sports Complex area, strategically chosen due to its high population density. Notably, the exercise was conducted without disrupting nearby base stations, using a “manual network selection” method to facilitate cross-network roaming.
Participants engaged in practical scenarios, from connecting with loved ones to accessing real-time news updates and evacuation information.
One of the key takeaways from this exercise is the importance of cooperation between moda and telecommunications providers. By developing Standard Operating Procedures (SOPs) and studying international cross-network roaming frameworks, Taiwan aims to further enhance the disaster roaming mechanism.
This forward-looking approach will ensure that the nation’s communication networks remain resilient and robust, even in the face of major disasters.
The significance of disaster roaming extends beyond mere convenience; it’s about safeguarding citizens’ well-being and ensuring they have access to crucial information during emergencies. This initiative is particularly relevant nowadays as societies become increasingly reliant on digital communication networks for information dissemination, emergency alerts, and coordination during crises.
During her visit to moda, President Tsai Ing-wen underscored the importance of such initiatives in enhancing Taiwan’s overall resilience. In an era where digital connectivity is integral to daily life and critical infrastructure, the ability to maintain communication rights during disasters is paramount.
The disaster roaming programme’s continuation from 2024 to 2025 demonstrates Taiwan’s commitment to preparedness and resilience. By studying global best practices and working closely with domestic telecommunications providers, the country aims to establish a robust disaster response framework. This proactive stance will serve as a model for other nations seeking to enhance their digital resilience.
Reports cited that Taiwan’s disaster roaming initiative stands as a beacon of innovation and preparedness. It reaffirms the government’s commitment to safeguarding its citizens’ communication rights and ensuring that vital information flows even when the unexpected occurs.
Many industries and organisations are subject to regulatory requirements regarding data protection and cybersecurity. Digital resilience helps meet these requirements and avoids legal and financial repercussions.
Also, it ensures that critical government systems and communication networks remain operational during emergencies and can withstand cyber threats from adversaries.
As digital technologies continue to evolve, so too must disaster preparedness strategies. Taiwan’s dedication to enhancing digital resilience through initiatives like disaster roaming demonstrates that the nation is not only adapting to the digital age but also leading the way in ensuring that no one is left disconnected when it matters most.
It is a testament to the nation’s unwavering commitment to the well-being and safety of its citizens, setting a commendable example for the world to follow.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The National Security Agency (NSA) and its federal agency partners have released new guidance concerning a cybersecurity risk posed by deepfakes, a type of synthetic media. This emerging threat poses cybersecurity challenges for National Security Systems (NSS), the Department of Defence (DoD), and organisations within the Defence Industrial Base (DIB).
They have jointly published a Cybersecurity Information Sheet (CSI) titled “Contextualising Deepfake Threats to Organisations” to assist entities in recognising, safeguarding against, and responding to deepfake threats. NSA developed the CSI with the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA).
The term “deepfake” encompasses multimedia content that has been either artificially created or manipulated through machine learning and deep learning technologies, which are forms of artificial intelligence (AI). Other phrases used to describe such synthetically generated or altered media include “Shallow/Cheap Fakes,” “Generative AI,” and “Computer Generated Imagery (CGI).”
Candice Rockell Gerstner, an NSA Applied Research Mathematician with expertise in Multimedia Forensics, emphasised that while the tools and methods for altering authentic multimedia have been in existence for some time, the noteworthy shift lies in the ease and widespread adoption of these techniques by cyber actors. This evolving landscape introduces a fresh set of challenges to national security.
Gerstner pointed out that organisations, as well as their employees, must adapt to this changing environment. They need to identify the tradecraft and techniques associated with deepfakes. Moreover, it is essential to establish comprehensive plans to respond to potential deepfake attacks and mitigate their impact effectively. As cyber adversaries increasingly leverage these technologies, recognising and countering deepfake threats becomes paramount to ensuring national security and safeguarding sensitive information.
The joint Cybersecurity Information Sheet (CSI) provides valuable recommendations for organisations to address the challenges posed by synthetic media threats, particularly deepfakes. The CSI suggests implementing various technologies and strategies to counter this emerging threat.
One key recommendation is adopting real-time verification capabilities, which enable organisations to identify and respond to potential instances of deepfake content swiftly. Passive detection techniques are also emphasised for ongoing monitoring and early detection. Furthermore, the CSI highlighted the importance of safeguarding high-priority officers and their communications, as they are often the targets of deepfake attempts.
In addition to detection, the guidance underscores the significance of minimising the impact of deepfake attacks. This involves information sharing within and across organisations to stay ahead of evolving threats. It also advocates for comprehensive planning and rehearsing of responses to potential exploitation attempts, ensuring that organisations are well-prepared to mitigate the consequences of deepfake incidents. Personnel training is another crucial component, equipping individuals with the skills and knowledge to recognise and respond effectively to synthetic media threats.
The CSI underscores the diverse nature of synthetic media threats, encompassing techniques that jeopardise an organisation’s brand, impersonate its leaders and financial officers, and employ fraudulent communications to gain unauthorised access to networks and sensitive information. These threats highlighted the need for a holistic approach to cybersecurity.
Advancements in computational power and deep learning have facilitated the mass production of fake media, making it more accessible and cost-effective. This not only undermines brands and financial stability but also has the potential to incite public unrest by disseminating false information on critical issues such as politics, society, the military, and the economy.
The CSI draws attention to the concerning availability of deep learning-based algorithms on open-source repositories. These accessible resources pose a security risk, as their application requires minimal technical skill and can be executed using little more than a personal laptop. Consequently, the widespread availability of such tools amplifies the urgency of addressing synthetic media threats.
In light of these evolving challenges, the NSA, FBI, and CISA strongly encourage security professionals to adopt the strategies outlined in the report. By proactively implementing these recommendations, organisations can enhance their resilience to the growing threats posed by synthetic media and deepfakes. This collaborative effort among government agencies and security experts is vital to ensuring the integrity of digital information and safeguarding national security.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
The Minister for Finance, Minister for Women, and Minister for the Public Service of Australia provided updates on technology and digital identity-related legislation. The Minister delved into the topic of Digital ID and its significance for Australia’s future.
The primary focus of the address was the introduction of the draft Digital ID legislation, marking the commencement of consultations for the exposure draft. She highlighted that Digital ID is akin to an online version of presenting one’s passport or driver’s license to verify their identity but without relinquishing the physical document. It aims to provide a secure and convenient way to verify identity online.
The draft Digital ID legislation, now open for consultation, represents a significant milestone in Australia’s efforts to create a national Digital ID system. The Minister outlined four guiding principles for this system: security, convenience, voluntariness, and inclusivity. She stressed that Digital ID would remain voluntary, ensuring alternate channels for those who prefer not to use it.
Moreover, Digital ID is seen as a means to enhance inclusion by bringing government services online and extending their accessibility to underserved communities, including individuals with disabilities. However, the Minister emphasised that those unable or unwilling to obtain a Digital ID would still have access to government services through traditional channels.
The current system, which operates without legislation, allows individuals with Digital IDs to verify their identity without repeatedly providing sensitive documents. Nevertheless, it has limitations, as it is not yet a nationwide system and private sector providers cannot verify individuals against government-issued ID documents. The government envisions a national Digital ID system as an important economic, productivity, and security reform, and efforts are underway to address these shortcomings.
To ensure trust, data protection, and choice in the Digital ID system, the draft legislation establishes governance arrangements, a regulator (with the ACCC as the interim regulator), and privacy safeguards. Senator Gallagher emphasised the need for explicit consent for sharing identity information, the secure deletion of biometric data, and the prohibition of using identity data for direct marketing purposes.
Additionally, the Minster announced the formation of an AI taskforce, in collaboration with colleague Ed Husic, to ensure responsible and safe usage of AI across government agencies. AI has the potential to improve productivity within the APS and enhance government services, but it also requires careful management to mitigate risks.
The government is committed to creating boundaries and safeguards for emerging technologies like AI. The AI Taskforce will assess the risks and benefits of different AI systems within the public service.
The upcoming release of the first Long Term Insights Brief on AI and trust in public service delivery was also mentioned. Four key findings from the brief highlighted the importance of designing AI with integrity, preserving empathy in service design, enhancing public service performance, and investing in AI literacy and digital connectivity for all Australians.
The Minister expressed her determination to see the establishment of an Australian Digital ID system through legislation, despite the challenges and opposition. She acknowledged that it has been an eight-year work in progress, but she believes it is a worthy project with significant benefits for individuals, businesses, and the economy as a whole.
The address highlighted the importance of Digital ID legislation and AI governance in shaping Australia’s technological future. These initiatives aim to enhance security, convenience, and inclusivity while safeguarding individuals’ privacy and ensuring responsible AI usage within the public service.
Efforts to advance digital identification in Australia align with the country’s broader initiatives to establish a national Digital ID system, as discussed by the Minster. The focus of one pilot program, reported on by OpenGov Asia earlier, was on enabling individuals to prove their identity without the need for multiple physical documents corresponds to the principles of Digital ID outlined by the Minister, emphasising secure digital verification over physical information exchange.
Additionally, student volunteers from Deakin University demonstrated practical applications of digital identity within the education sector, mirroring the efficiencies mentioned by Senator Gallagher in her speech. These developments reflect Australia’s growing interest and innovation in the digital identification ecosystem.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Vietnam, Laos, and Cambodia will cooperate in the digital economy. Experts have said that the substantial potential for trade and investment collaboration among the countries has not yet been fully realised.
The three governments jointly organised a conference to discuss digital economic development trends and their potential to enhance trade and investment among the countries, opportunities and challenges arising from digital transformation for the growth of trilateral ties, and strategies to advance their cooperative efforts in the digital era. The conference reflects the countries’ readiness to build digital-transformation-oriented socio-economic infrastructure.
Experts at the event recommended that the sides establish and improve institutional and legal environments that align with the demands of the international integration era within the context of the digital economy. Additionally, the nations should invest in developing digital infrastructure to foster their national digital economies.
The conference, which was organised by the Vietnam Academy of Social Sciences (VASS), Lao Academy of Social and Economic Sciences (LASES), and Royal Academy of Cambodia (RAC), saw the participation of over 100 experts, managers, and diplomats from the three countries.
According to a representative from VASS, prioritising the advancement of the digital economy is considered a key task in accelerating the restructuring of an economy. This approach is closely linked with innovation in the growth model and the enhancement of growth quality. The aim is to assist a nation in escaping the middle-income trap and progressing toward becoming a fully developed, industrialised country. The trend presents both opportunities and challenges for countries involved, as they work to develop and expand their investment and commercial partnerships.
An official from LASES noted that Laos is in the early stages of its digital transformation journey, encompassing multiple sectors, including commerce and investment. Consequently, Laos is eager to collaborate with experts from Vietnam and Cambodia, aiming to exchange knowledge and gain insight from their respective digital transformation efforts.
Highlighting the longstanding bond among the three nations, an official from RAC acknowledged that in the realm of digital transformation, Vietnam has been making swifter advancements compared to Cambodia and Laos, particularly in sectors like tourism, commerce, and investment. Collaborative efforts among these nations, particularly in the domain of the digital economy, hold considerable importance in advancing the development of each country.
In 2020, Vietnam kicked off a national digital transformation programme, under which the country would renovate the management and administration activities of the government, the production and business activities of enterprises, and the overall way of living and working. It is working to develop a safe, humane, and wide digital environment. The national digital transformation programme has the dual purpose of both developing the digital government and economy and establishing Vietnamese digital businesses with a global capacity.
In the second quarter of 2023, the digital economy contributed approximately 15.26% to the total Gross Domestic Product (GDP) of Vietnam. Compared to 2021, the growth of Vietnam’s national digital transformation index did slow down, but the component indices of digital government, digital economy, and digital society still maintained a high growth rate of 45-55%.
Vietnam’s digital economy was valued at around $14 billion in 2020, showing remarkable growth of 450% since 2015. Projections indicate that it is expected to expand by roughly 30% between 2020 and 2025.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
Minister of PANRB Abdullah Azwar Anas stated that in 2023, the diplomatic relations between the Republic of Indonesia and Korea will reach its 50th year. Both countries continuously work to enhance their relations and cooperation, both bilaterally, regionally, and multilaterally.
In light of this, the governments of Indonesia and Korea are continuing their cooperation in Electronic Government Systems (EGS) through the Digital Government Cooperation Forum. This event, organised through the collaboration of the Ministry of Administrative and Bureaucratic Reform (PANRB), the Ministry of the Interior and Safety (MoIS), and the National Information Society Agency (NIA), discusses the implementation of cooperation in 2023 and the cooperation project plans for 2024.
“The closeness of this relationship and cooperation is certainly supported by the complementary nature of resources and advantages possessed by Indonesia and Korea, in addition to the excellent economic and political progress, making opportunities for cooperation in various sectors increasingly wide open,” said Minister PANRB Abdullah Azwar Anas.
In 2023, the governments of Indonesia and Korea embarked on a cooperation project related to digital ID development strategies and poverty alleviation digitalisation strategies. As for the extension of the DGCC cooperation project in 2024, there are several project proposals from the DGCC Committee, including support for government efforts in digitalising Nusantara City into a smart city focusing on intelligent government aspects.
“These cooperation proposals include the use of Big Data and AI for government administrative services, open-source technology-based designs, and big data designs in service provision,” explained Anas.
In his opinion, strengthening the strategic partnership between Korea and Indonesia for a shared future, especially in digital transformation, is not just an aspiration but a necessity. Indonesia’s digital transformation is already on the right track, where digital transformation serves as an accelerator for development acceleration.
Strengthening partnerships with Korea, one of the global technology industry leaders can bring Indonesia significant benefits. Korea has extensive experience and expertise in digital transformation and cutting-edge technologies such as artificial intelligence, the Internet of Things, and 5G. Through knowledge sharing and close collaboration, Indonesia can accelerate the implementation of these technologies to support various sectors, including industry, education, healthcare, and public services.
Furthermore, strengthening this partnership can also open doors for investments in Indonesia’s technology ecosystem. With financial and technical support from Korea, Indonesian startups and technology companies can further develop their innovations and compete in the global market. This will create new job opportunities, drive economic growth, and strengthen Indonesia’s position in an increasingly interconnected international community.
“Interoperability of systems and applications continues to be pursued to realise integrated services nationally. However, we continue to strive and learn best practices from various countries, especially Korea, to strengthen digital transformation breakthroughs in Indonesia,” he said.
NIA President Jong Sung Hwang stated that in the future, his agency will actively assist Indonesia in digital governance, similar to what they did by establishing NIA in 1987 to support the digitalisation of the South Korean government. “The South Korean government used to have 17,060 silo systems, but they managed to integrate them all into an all-in-one service,” explained Jong Sung Hwang.
Jong Sung Hwang added that in the era of digital governance, everything should run smoothly, and data should be easily accessible. “Usually, data preparation takes a lot of time, but with data infrastructure, it can be done more quickly and data is easier to use,” he added.
In an era where technology defines many aspects of daily life, strengthening a strategic partnership with Korea in digital transformation is not just an option but a necessity. This step will help Indonesia address challenges and seize opportunities from the global digital revolution. With strong cooperation between the two countries, Indonesia can achieve a brighter and more sustainable future in the digital era.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
A prominent player in the oats industry, tracing its origins back to its establishment in 1965, inaugurated a new cutting-edge oat processing plant in Malaysia. This company has consistently evolved and embraced innovation, establishing itself as a major contributor to the global export of oat products.
The recent success of this enterprise can be largely attributed to its strategic investments in cutting-edge technologies. The newly unveiled plant will have an expansive floor area and specialise in the production of a diverse range of oat products, including oat flakes, kilned dried hulled oats, oat bran, and oat flour.
Malaysian government officials and industry experts have lauded the expansion, recognising its positive impact on the local economy and its alignment with broader industrial development plans. The company’s emphasis on technology and production capacity not only benefits its supply chain but also enhances its position in the global market, particularly within the Halal food sector. Additionally, the increased capacity aligns seamlessly with national food security goals, contributing to the accessibility and affordability of food, especially healthy products.
The Deputy Managing Director of the company has emphasised their commitment to expanding their product offerings and capacity to meet market demands. With an impressive 58 years of experience in oat milling, they remain dedicated to innovation and sustainability.
The newly inaugurated oat processing plant uses state-of-the-art automation and advanced technology to ensure impeccable control over the entire oat milling process, guaranteeing consistency and quality in every product it delivers to the market.
This commitment to quality and innovation has been duly recognised by certifications from global food authorities, including FSSC 22000, ISO 22000, and HACCP, as well as Halal and non-GMO certifications. These certifications not only underscore the company’s dedication to delivering safe and high-quality products but also highlight its embrace of modern technology in food processing, ensuring that every product meets stringent global standards.
The plan is to explore ways to enhance its sales and marketing efforts. Leveraging data-driven strategies and digital platforms, the company aims to reach a wider audience and cater to the evolving preferences of consumers, particularly the younger generation.
Leveraging the new cutting-edge facility, the company is expected to extend its reach into the rapidly growing plant-based beverage and meat industries. Additionally, it will be unveiling a Captain Innovation Hub, scheduled for completion by 2028. This hub aligns seamlessly with the pursuit of healthier lifestyles, aiming to introduce a range of innovative oat products to the younger generation, all of which will be underpinned by advanced technology.
This move aligns with key initiatives of the Malaysian government. The advanced automation mirrors the government’s push for technology-intensive industries over labour-intensive ones, while its commitment to Halal certification bolsters Malaysia’s reputation as a provider of high-quality Halal products.
Furthermore, the company’s increased milling capacity and production of nutritious oat products support national food security objectives, and its global success contributes to Malaysia’s trade goals. The forthcoming Captain Innovation Hub underscores its dedication to innovation and sustainability, paralleling the government’s encouragement of forward-looking industries, ultimately showcasing how private sector enterprises can advance Malaysia’s economic and strategic aspirations.
OpenGov Asia has also reported that MIDA has signed a Collaborative Agreement with a global leader in intelligent sensing and emitting technology. A key component of this plan was the establishment of an advanced 8-inch microLED manufacturing facility in Kulim, Malaysia.
This facility, characterised by its state-of-the-art automation and technology, is a groundbreaking development in the global microLED industry. Construction of this pioneering facility commenced in 2022, and it is well on its way to completion.
- Like
- Digg
- Del
- Tumblr
- VKontakte
- Buffer
- Love This
- Odnoklassniki
- Meneame
- Blogger
- Amazon
- Yahoo Mail
- Gmail
- AOL
- Newsvine
- HackerNews
- Evernote
- MySpace
- Mail.ru
- Viadeo
- Line
- Comments
- Yummly
- SMS
- Viber
- Telegram
- Subscribe
- Skype
- Facebook Messenger
- Kakao
- LiveJournal
- Yammer
- Edgar
- Fintel
- Mix
- Instapaper
- Copy Link
In a resolute move to drive technological innovation and secure a prominent position on the global stage, China significantly bolstered its investment in research and development (R&D) in 2022. The National Bureau of Statistics (NBS) revealed that the country allocated an impressive 3.08 trillion yuan (S$422.1 billion) to R&D, marking a 10.1% year-on-year increase.
This surge in R&D funding underscores China’s unwavering dedication to advancing basic research and achieving breakthroughs in critical technologies.
The amplified R&D investment not only fuels technological innovation within Chinese enterprises but also enhances their core competitiveness on the international front. Experts believe that this substantial investment will inject a potent dose of momentum into China’s ongoing economic recovery.
The surge in R&D investment reflects China’s resolute implementation of an innovation-driven development strategy, positioning the nation as a science and technology powerhouse. This strategy equips China with a competitive edge in the fierce international arena, driving the creation of new growth engines.
Pan Helin, co-director of the Digital Economy and Financial Innovation Research Centre at Zhejiang University’s International Business School, underscores the pivotal role of continuous investment in basic scientific research.
He highlights its significance in fostering high-quality economic growth and promoting the intelligent transformation and upgrading of traditional industries. Pan calls for harnessing the leading role of enterprises in driving technological innovation, thereby ensuring sustainable progress.
Enterprises in China are indeed heeding this call, expanding their investments in vital sectors and laying a robust foundation for pioneering core technologies in key domains. The NBS highlighted the government’s commitment to providing continued financial support and encouraging local authorities to amplify their R&D investments while optimising the efficiency of capital utilisation.
China’s prowess in science and technology innovation has undergone a remarkable transformation in recent years. The 2022 Global Innovation Index, released by the World Intellectual Property Organisation, positioned China at the 11th spot globally, making it the only middle-income economy within the top 30.
Further, Luo Zhongwei, a researcher at the Chinese Academy of Social Sciences’ Institute of Industrial Economics advocates intensifying investments in cutting-edge and forward-looking fields, including quantum information, artificial intelligence (AI), biological sciences, new energy, and new materials.
According to him, these investments are essential to achieve breakthroughs in key domains through independent innovation, particularly as protectionism continues to rise in some countries.
China’s intensified investments in cutting-edge fields like quantum information and AI confer a multitude of advantages. This commitment propels China to a position of technological leadership on the global stage. By allocating substantial resources to these transformative technologies, China not only sets industry standards but also influences international trends and fosters innovation.
Besides, these investments fuel economic growth by catalysing the development of new industries and markets. Quantum information and AI have the potential to spawn high-tech startups, generate employment opportunities, and stimulate economic prosperity.
As China excels in these domains, it enhances its global competitiveness, exporting technological advancements, products, and expertise while strengthening its standing in international trade and diplomacy.
Also, this strategic move ensures China’s national security and technological sovereignty. Quantum information and AI play pivotal roles in safeguarding against cybersecurity threats and advancing military capabilities.
Likewise, these investments reduce China’s reliance on foreign technology, allowing greater control over critical infrastructure and ensuring resilience against external disruptions. Overall, China’s intensified focus on these advanced fields promises not only technological leadership but also economic growth, national security, and global influence.