Tag: asia

  • UBS Invests in Incubator Fund

    UBS Invests in Incubator Fund

    Switzerland’s fintech and insurtech ecosystem is getting a boost by partnering with the country’s largest bank.

    Startup incubator and accelerator Tenity (formerly known as F10) and UBS are entering a strategic partnership, according to an emailed statement on behalf the two parties, Thursday.

    Tenity is a startup incubator with an investment arm that invests in technology companies in the financial and insurance industries. It focuses on early-stage companies in several countries.

    UBS’s strategic venture and innovation unit, UBS Next, which already invests in fintechs directly, will also invest in the Tenity Incubation Fund, the statement adds.

    The partnership with Tenity allows us to expand our fintech network and align innovative ideas and solutions at an early stage, specifically tailored to the needs of our clients in Switzerland, President UBS Switzerland Sabine Keller-Busse, said.

    Having UBS as a strategic partner will help our current and future portfolio companies bring even more innovation to this critical industry, Andreas Iten, CEO, and co-founder Tenity said.

    More than 250 companies have participated in Tenity programs so far. The new fund will seek to invest in up to 400 new companies.

  • WhatsApp’s upcoming update will help you combat unwanted spam

    WhatsApp’s upcoming update will help you combat unwanted spam

    At this point, is it any wonder that WhatsApp is one of the first-choice IM (instant messaging) apps out there? It is available on both Android and iOS, it has end-to-end encryption for extra security and — most notably — it is constantly getting updated with new features.

    But people don’t just use WhatsApp for themselves — numerous businesses opt to have a WhatSapp communication channel open, so that customers can get in touch more easily. While that sounds awesome, it also means that their info is public, and as such, not every caller is a customer, per say.

    Luckily, WhatsApp realizes the value of this utilization of its app, and as such is reportedly working on a feature to help users handle spam calls more effectively. This information comes courtesy of WABetaInfo and it describes how one toggle can take care of all of this spam-related hassle.

    The WABetaInfo team has managed to uncover development traces of this new feature through the latest release of the WhatsApp beta program on Android. By the looks of things, this is intended to function as follows: users can mute calls from unknown callers. Simple as that!

    That, however, wouldn’t be helpful for businesses. As such, WhatsApp will still let users keep a record on who has called, just in case there is ever a need to call back. Said records will be kept in the Call List and Notification Center, just as with any other call.

    Right now, the feature is still under development, so we don’t really have a release date for this one. But by the sound of things, it will be worth the wait, as it will not only help alleviate the stress of spam calls, but also help with combating scammers and trolls.

  • Vietnam’s richest man launches electric taxi firm

    Vietnam’s richest man launches electric taxi firm

    Pham Nhat Vuong, Vietnam’s richest man, has established GSM, an all-electric taxi operator with a charter capital of VND3 trillion ($126.85 million). Vuong, who is also the chairman of Vingroup, owns a 95% stake in the company.

    GSM, which stands for “Green, Smart and Mobility,” will launch its taxi services starting in April in Hanoi, with plans to go nationwide by the end of the year.

    The company will also rent Vinfast’s VF e34 and VF 8 electric cars to transport companies.

    GSM expects to have 10,000 cars and 100,000 motorbikes, all made by VinFast, a unit of Vingroup.

    The company was established to speed up the completion of Vietnam’s green ecosystem and smart transport, said GSM CEO Nguyen Van Thanh.

    Customers can experience electric vehicles, whether for a few minutes in a taxi, or a few months in a rented car, which Thanh says will help speed up the green revolution in Vietnam.

    Last year, VinFast delivered 7,200 electric cars to Vietnamese customers. And in December last year its two models, the VF e34 and VF 8, were among the top 10 best-selling models in Vietnam.

    The company delivered its first electric cars to American customers on March 2.

  • MacBook prices drop with new model launch

    MacBook prices drop with new model launch

    The price of MacBook Pro 2021 laptops has decreased by 11.2% leading into the launch of the new model next week.

    Apple authorized resellers in Vietnam said a MacBook Pro 2021 sells for VND42.9 million ($1,813), down 11.2% since January and 18.9% from December 2021 when it was officially distributed in the Vietnamese market for the first time.

    They will start selling MacBook Pro 2023 laptops and Mac minis in mid-March.

    According to Pham Tuan Anh, a manager of electronics retail chain ShopDunk, the MacBook Pro 2021’s market share is less than 10% at the moment.

    Consumers with over VND40 million to spend on a computer tend to buy MacBook Pros or Airmodels running the M2 chip with higher configurations, instead of picking up a 2021 MacBook Pro without the M2 chip.

  • Honda Motorcycles And Scooters India Twitter Page Hacked

    Honda Motorcycles And Scooters India Twitter Page Hacked

    The official Twitter account of Honda Motorcycles and Scooter India was hacked over the weekend. The company today put out a statement on social media asking people to stop any interactions with its Twitter handle until further notice and disregard any posts or communications on the page since Sunday, March 5. The company also said it contacted Twitter to re-establish control of its account.

    A look at the official Twitter handle of HMSI shows that the page has since lost the blue tick that identified it as the official handle as well as dropped the profile image. The link to the official website has since been rand another while the latest retweeted story is to a third-party NFT page. Similarly, the section under likes are filled with tweets of third-party art creator pages.

    Honda has said it is looking to re-establish its control over its Twitter account as soon as possible.

    The company has recently been teasing a new motorcycle for the Indian market. The new model is expected to sit in the 100cc commuter segment and be called the Shine. The model is set to be launched in India on March 15.

  • Krispy Kreme creates Lotus Biscoff biscuit-inspired doughnuts

    Krispy Kreme creates Lotus Biscoff biscuit-inspired doughnuts

    Airline travel might be a little unpredictable right now, but there’s one thing you can always count on: Krispy Kreme to serve up delicious doughnuts. Even if you’re not flying this month, you can still enjoy one of your favorite airplane treats at your local doughnut shop.

    We’re not talking about stale pretzels or a bag of peanuts, we’re talking about sweet and caramelly Biscoff cookies. Starting January 9, Krispy Kreme is adding three new Biscoff-flavored doughnuts.

    Krispy Kreme and Lotus Biscoff are partnering to create the first-of-its-kind cookie butter-flavored doughnut collection, which will be available for a limited time at participating Krispy Kremes nationwide. The collection includes a Biscoff Iced Dougnut, Biscoff Cookie Butter Cheesecake Doughnut, and Biscoff Cookie Butter Kreme Filled Doughnut.

    The Biscoff Iced Doughnut is an Original Glazed doughnut dunked in Biscoff Cookie Butter icing. The Biscoff Cookie Butter Cheesecake Doughnut is an Original Glazed doughnut dunked in Biscoff Cookie Butter icing and finished with a swirl of cream cheese buttercream and Biscoff crumble. The Biscoff Cookie Butter Kreme Filled Doughnut is a doughnut filled with Biscoff Cookie Butter Kreme, dunked in Biscoff Cookie Butter icing, and finished with dark chocolate icing and Biscoff crumble.

    To add to this first-class experience, any customer who purchases a Krispy Kreme Biscoff doughnut will receive a free package of Biscoff cookies just like you would on a flight, while supplies last.

    Most of the time these limited-run menus are only available at Krispy Kreme stores, but the Biscoff collection will also hit retailer shelves. If you don’t have a Krispy Kreme near you, you can find the six-pack Biscoff collection at Walmart, Kroger, Food Lion, Publix, Stater Brothers, Wakefern, and more stores. To see if the collection is available at your local grocery store, you can visit Krispy Kreme’s site.

  • Aldi sued over ‘copycat’ snacks

    Aldi sued over ‘copycat’ snacks

    Australian children’s snack food brand Little Bellies is suing German supermarket chain Aldi for alleged copyright breaches of several organic fruit and vegetable puff snacks.

    Aldi, which famously mimics well-known brands and creates comparable in-house products at a much cheaper price, has emerged victorious in several legal battles in Australia since it launched here in 2001.

    US snack food giant Frito-Lay sued Aldi in 2001 over its Cheezy Twists, alleging a breach of its Twisties trademark. Frito-Lay won the first battle in the Federal Court, but Aldi appealed and had the ruling overturned.

    In 2015, Israeli beauty company Moroccanoil Israel sued Aldi for alleged trademark breaches of its Moroccan Argan Oil hair care products. Moroccanoil lost the original case, and an appeal.

    The owners of Little Bellies hope a different tack – suing for an alleged copyright infringement – may yield a different outcome.

    The holding company that owns the intellectual property for the Baby Bellies, Little Bellies and Mighty Bellies snack ranges, Hampden Holdings IP, alleges Aldi has ripped off its Organic Blueberry Puffs, Organic Apple & Cinnamon Puffs and Organic Carrot Puffs since at least August 2021.

    Hampden Holdings licenses the brands to Every Bite Counts. According to regulatory filings, both firms are owned by brothers Steven and Clive Sher.

    In Britain, supermarket chain Marks & Spencer sued Aldi for copyright infringement of its light-up Christmas gin bottle. Last month, the High Court in London ruled Aldi infringed on M&S’s copyright. A second copyright dispute between the two companies over a caterpillar cake was settled, and Aldi made a number of tweaks to its design.

    Aldi is not the only discount chain that has been targeted in legal action. Fellow German discount chain Lidl was sued last year by Lindt & Sprüngli over its well-known chocolate gold bunnies. A Swiss court ordered Lidl to destroy the bunnies and prohibited their sale, saying they infringed Lindt’s trademark.

  • How Tag Heuer is evolving to stand the test of time

    How Tag Heuer is evolving to stand the test of time

    I’ll be honest, TAG Heuer is not really a brand that I love. Sure, I like the classics such as the Monaco and other icons, but if I won the lottery then I wouldn’t be visiting the TAG Heuer boutique. So, the fact that I’ve chosen them as the brand that won 2022 signifies exactly how impactful their year has been, surpassing all of my expectations and then some. Sure, brands like Cartier and Jaeger-LeCoultre have also released plenty of stunning watches in the last year, but it doesn’t feel as special when I’ve come to expect their excellence. Watches & Wonders felt like an answer to the watch community’s unasked questions, recapturing the Aquaracer’s professional diving credentials, incorporating some exciting emerging technology, and even creating a never-before-seen diamond-infused case.

    The Aquaracer was TAG Heuer’s focus in that first big 2022 release, spearheaded by the Professional 1000 Superdiver which gives them representation in the saturation diver market. Its bulk and attitude is backed up by impressive specifications and an edgy titanium case. If stealth and efficiency is more your thing, TAG Heuer incorporated solar technology into the black dial of their Aquaracer Solargraph, for unending power and quartz accuracy. The murdered-out case is complemented by a forged carbon bezel and brightly contrasting markers, with a pale blue seconds hand making it easy to read. As if that wasn’t enough, the entire Aquaracer range was evolved with the Professional 200 line, trimming the fat from the diameters, bringing in some smoky gradient dials, and refusing to overly feminize the 30mm models.

    While there was a lot of love for the Aquaracer during Watches & Wonders 2022, by far the most attention-grabbing watch was the diamond-laden TAG Heuer Carrera Plasma. Setting diamonds into a watch case and dial is nothing new in the slightest, and so TAG Heuer shook things up by doing it in a way nobody else has done before, giving an effect that’s bold, masculine, and exciting. The dial looks like it’s made from some crushed diamond dust, but it’s actually grown in a single piece in a chaotic crystal structure that causes the rough texture. Diamond baguettes have been cut for the hour markers in a mormore traditionallye two horizontally aligned subdials are balanced by a skeletonised tourbillon cage at 6 o’clock. The most impressive part is the black anodised aluminium case with huge diamonds set into it seemingly at random, complete with a solid diamond crown.

    Nostalgia is funny, especially when younger generations start to yearn for days that the older generations still feel like yesterday. But, TAG Heuer have been indiscriminate with their choices of retro homages, bringing back some watches and styles which have been missing from their catalogues for too long. The first is the TAG Heuer Monaco Dark Lord Special Edition, paying tribute to the original reference 74033 from 1977. As an early example of a racing chronograph with a black PVD coating, the originals are notoriously hard to find, and when they are found their coatings may well have been scratched away by something as innocent as being stored in a cupboard. This modernised 2022 version features a scratch-resistant DLC coating on a titanium case (a first for the Monaco) which lightens up the weight, yet keeps the deep matte black that makes those Sith-red hands pop.

    The next throwback was the release of a new TAG Heuer Formula 1 range, complete with some of the bright colours that initially made the watches so cool in the ‘80s. Although the specs and quality of the more recent Formula 1 watches are definitely improved from those early fibreglass and quartz ones, they did tend to feel more stern and sterile due to their darker colour schemes. The new 2022 models in green, yellow and red are all incredibly vivid thanks to a finely brushed sunburst texture, and get a heap of helping contrast from the black PVD-coated bezel. It’s the lighthearted fun of bright colours that capture the same childlike imagination and excitement which brings Formula 1 fans into the sport in the first place.

  • Tips To Consider When Selecting A Web-Based Casino Game To Play On Kubet Casino

    Tips To Consider When Selecting A Web-Based Casino Game To Play On Kubet Casino

    There are so many internet-based casinos on the web nowadays. Kubet Thailand is among these gambling websites. Online casinos are no different from physical casinos; the experience is the same. Except that online casinos perform everything on the web. Many gamblers agree that slot gaming site are enjoyable and straightforward to play, but how you interact with the site is entirely up to you. Without a checklist, jumping into the many online casinos would be foolish. If you want to play your favorite games with ease and enjoyment, you should have a list of the qualities you look for in a website. If you’re looking for a good slot gaming website, the following items should be added to your list:

    Customer service provided

    You should choose a web-based betting club with the best customer service. You ought to be treated fairly, and that should never change! A group of knowledgeable staff should be ready to assist you if you have a request or, generally, objection regarding the website. In addition, a casino that places a high value on its patrons has a site structure that ensures that the application can be used on any device, whether Android or iOS. A few websites provide various translations of their pages to accommodate all punters.

    Rewards, bonuses, and jackpots

    It is common knowledge that a person needs what he perceives to be acceptable, so you will likely choose a site that offers a significant discount and huge bonuses. The majority of destinations provide prizes and rewards, such as welcome awards, free spins, and new client rewards. You should choose an online slot gaming site that offers tips and rewards because you might get a good enough qualification. Be careful not to get conned while playing on any slot game website, like kubet, and make sure you find incentives for your money so you can at least get something out of the fun. To ensure you steer clear of hackers, settle for a secure online casino with strict security measures in place.

    A vast selection of games

    The majority of slot gaming websites, like kubet.kim is top casino platform in Thailand, provide a variety of games for players to examine. In contrast to physical gambling establishments, online club games can host any number of games. This is because online casinos are not limited to floor space. To avoid getting bored, you should choose a gambling club website with a lot of games. In addition, endless games will guarantee that you will beat your favorite games, saving you the hassle of moving from site to site in search of your favorite games.

    Legal issues

    Before engaging in any betting, it is prudent to determine whether it is legal in your country. Find a suitable betting website if that’s the case. After you’ve found a few sites where you want to play, check out how they handle legal issues. Was the website made lawfully? Do they have a license to support their claim? You don’t need to worry about the law if the website is legal.

    Flexibility and accessibility

    When you play at kubet, you can play at any time, any place, and around the clock. You can play in the convenience of your own home while relaxing in a park or waiting for your flight in any situation you can imagine. When you move to a new location, you won’t have to worry about closed sites. The great thing about online casinos is that you can play from anywhere with a good server, a smart device, and a fast, secure internet connection.

    Gambling games are enjoyable, but the entertainment level you receive depends entirely on the website you choose. Since you get a one-of-a-kind betting experience, stick with reputable online gambling platforms.

     

  • Pepper export value down 7.4% in two months

    Pepper export value down 7.4% in two months

    Vietnam exported over 41,000 tonnes of pepper worth $129 million in the first two months of this year, up 35% in volume, but down 7.4% in value over the same period from 2022

    The average export price of the Vietnamese spice in February 2023 was $3,059 per tonne, a downturn of 11.1% compared to the previous month and 32.8% year-on-year, according to the Import-Export Department under the Ministry of Industry and Trade.

    During the reviewed period, its average export price stood at $3,177 per tonne, a fall of 31.4% compared to last year’s corresponding period.

    The ministry has said the global pepper market is forecast to recover due to increasing demand from importers.

  • Air cargo transport plunges

    Air cargo transport plunges

    Aviation cargo transport passing through Vietnam’s airports dropped 28.2% year-on-year in the first two months of 2023 to 168,000 tons, according to the Civil Aviation Authority of Vietnam (CAAV).

    Industry insiders say that the spreading global economic recession has led to a decline in consumption. Although China has reopened its economy, the delivery of Chinese materials and goods to other countries has not fully resumed yet.

    Do Xuan Quang, deputy CEO of Vietjet Air, said that the ongoing Russia-Ukraine war is also limiting global deliveries even though shipping costs have dropped.

    Vietjet Air has seen its cargo transport fall from nearly 100,000 tons in previous years to around 65,000 tons last year, Quang told VnExpress.

    Vietnam Airlines Group transport in the first two months also declined from the same period in recent years. The company did not reveal by how much.

    A representative of an air cargo transportation company, who asked not be identified, said that in the first two months of the year delivery from Vietnam to Japan plunged 20% year-on-year.

    Other routes that the company operates still have not recovered from Covid-19.

    Data from the CAAV shows that domestic cargo in the first two months rose slightly year-on-year to 51,000 tons, while international cargo fell 37.3% to 117,000 tons.

    Domestic airlines delivered only 42,500 tons in the period, down 14.2 % year-on-year.

    The Vietnam Logistics Association (VLA) expects air cargo transport in Vietnam to recover later this year, but slowly as there are many uncertainties in the global market.

    This is shown by transportation data from local logistics companies. The industry is capable of delivering 1.5-2 million tons a year but currently they are shipping only nearly 1 million tons.

    The busiest route in the country, HCMC to Hanoi, is operating at only one-third of cargo capacity.

    Dang Anh Tuan, a media representative of Vietnam Airlines, said that there is still a niche market for aviation transport, such as delivering high-end tech equipment.

    Vietnam’s cargo transport market is dominated by foreign airlines. There are 29 international carriers which are specialized in delivering cargo and they account for over 80% of market share.

    Vietnamese companies, however, are seeking to change that.

    Vietravel Airlines last year launched its own cargo carrier Vietravel Airlines Cargo in partnership with HCMC-based Asean Cargo Gateway.

    Earlier this year Bamboo Airways established Bamboo Airways Cargo.

  • WhatsApp for Android is beta testing split view on tablets

    WhatsApp for Android is beta testing split view on tablets

    The tablet version of WhatsApp now has access to a split view thanks to a new update that was just released. The update was made available for the Android beta app on the Play Store for those fortunate enough to make it into the beta program.
    News of this update was reported by Wabetainfo which found that this change took place with the beta Android WhatsApp app, version 2.22.21.6. This newest change builds upon the WhatsApp version released in September 2022, which was compatible with tablets but not optimized for use on larger screens.
    This new feature is a game-changer for users because it optimizes the interface for tablets, it provides a better experience on a larger screen, and users can now view and use two different sections of the app simultaneously side by side on their tablet screen, as seen on the below screenshot:
    In the past, when users opened a chat on the tablet version of WhatsApp, the chat view would take up the entire screen. Users would then have to return to the chat list each time they wanted to switch to a different conversation. This new feature will allow users to switch between conversations without returning to the chat list since it will be consistently visible whenever a chat window is opened.
    After installing the most recent update of WhatsApp beta for Android from the Play Store, users will have access to a redesigned user interface optimized for tablet use. However, if the new feature isn’t available to you after installing the latest beta, Wabetainfo states that there will be an upcoming update that will unlock this feature for even more users. Unfortunately, if you do not already have access to the beta version of WhatsApp, you will not be able to sign up at this time as the beta program is almost always full.
  • Fruit, vegetable exports rise 17.8%

    Fruit, vegetable exports rise 17.8%

    Vietnam’s fruit and vegetable exports in the first two months of this year increased by 17.8% year-on-year to US$592 million.

    China accounted for 57.5% of the exports, according to the Ministry of Agriculture and Rural Development’s department of agricultural products processing and market development.

    Since early February when it reopened after Covid, China has been importing large volumes of Vietnamese agricultural products like durian, jackfruit, watermelon, and sweet potato.

    Exports to Laos have tripled.

    The U.S. and Europe have also imported large volumes of Vietnamese fruits and vegetables.

    A Tien Giang Province-based company told VnExpress that its exports of durian and pomelo to the U.S. and China have been increasing steadily this year. Freight rates have decreased to pre-Covid levels, creating favorable conditions for exporters.

    Surveys in the Mekong Delta show that the prices of durian, dragon fruit, jackfruit, and sweet potato have all doubled or tripled from 12 months ago, with the durian price surging to a record high of VND190,000 ($8) per kilogram at the farm gate.

    Last year exports were worth $3.34 billion, down 5.9% from 2021, according to the agriculture ministry.

    Vietnam imported fruits and vegetables for $289 million in the first two months of this year, a 12% increase, the department said.

  • Airasia CEO says the high rates aren’t going anywhere

    Airasia CEO says the high rates aren’t going anywhere

    Even low-cost carriers, which struggle to increase capacity amidst labor shortages, soaring fuel prices, and closed airspace, have set prices that have stumped travelers.And if you think this is going anywhere, it’s not – at least that’s according to AirAsia’s CEO Tony Fernandes.

    Speaking last week at the Aviation Festival Asia in Singapore, Fernandes revealed his belief that airlines have been under-pricing their services and that the industry has a way to go in charging passengers an appropriate price.

    However, higher airfares have not deterred or slowed down flight demands or demand projection, and Fernandes believes these airfares are more authentic prices that should have been charged pre-pandemic.

    “After not having flown for three years, passengers’ value of travel has also increased,” Fernando said.

    With many airlines facing challenges that hinder their ability to maintain and increase required capacity, classic supply and demand become a consideration. A shortage of available seats cannot meet the heightened demand, so Fernandes believes passengers can expect to be greeted with higher airfares this year.

    Alongside this, airlines cannot acquire more planes due to the manufacturers’ ability to speed up production rates impacted by the pandemic. Without new planes readily available and old planes suffering from technical setbacks, carriers have to outsource third-party agreements for wet leasing and maintenance, increasing expenses.

    Fernandes said AirAsia has faced these challenges, but the low-cost carrier will have its fleet of over 200 planes back in service by May.

    “The main obstacle for us has been getting our planes back into active service, and bringing about 204 planes back is no easy feat,” he said

    “And what was initially predicated on being finished by May of next year, we’ll be able to do by May of this year.”

    The global commercial aviation industry struggles to get back on its feet due to similar problems AirAsia, so, unfortunately for travellers, getting back to pre-pandemic prices may still take a while.

  • Shrimp exports set for difficult year

    Shrimp exports set for difficult year

    Vietnam’s shrimp exports face challenges with prices decreasing and competition from Ecuador and India intensifying, according to the Vietnam Association of Seafood Exporters.

    Global prices have decreased since the second half of last year and are expected to fall further this year as supply rises sharply to six million tons, VASEP general secretary Truong Dinh Hoe said Friday at a shrimp industry conference.

    VASEP general secretary Truong Dinh Hoe says shrimp exporters face fierce competition from Ecuador and India this year. Photo by Anh Minh

    The U.S. has extensive shrimp inventories, and so is sure to reduce imports in the first half of this year.

    When it increases imports in the second half, it will likely opt for small shrimp from Ecuador because of its abundant supply and geographical proximity.

    Vietnamese exports to European markets will be affected by the economic turmoil there.

    Le Van Quang, chairman of Minh Phu Seafood Corp., said Vietnamese shrimp costs are too high due to low aquaculture productivity, making it difficult to compete with Ecuador and India.

    “Our shrimp farming success rate is less than 40%. It is over 90% in Ecuador and more than 60% in India.”

    According to the Directorate of Fisheries, the shrimp output this year is likely to be 1.08 million tons, and exports will fetch US$4.3 billion.

    But VASEP forecast exports to be worth only $4 billion out of total seafood exports of $10 billion.

    Last year shrimp exports had risen by 11% to $4.3 billion.