Asia-Pacific AI agent market to surge 14-fold to US$11.2 billion by 2030, Omdia says
The artificial intelligence agent software market across Asia, Australia and New Zealand is set to expand more than 14-fold by 2030, according to research firm Omdia, as Chinese tech companies increasingly deploy automated tools across office and industrial operations. During its annual event in Beijing on Thursday, Omdia forecast that regional market revenue, which included mainland China and Hong Kong, would reach US$11.2 billion in 2030, up from an estimated US$782 million this year. Over the...
Australia sanctions 2 over North Korean fake IT workers scheme for nuclear funds
Australia said on Friday it had sanctioned two North Korean individuals and companies over the use of “fraudulent” IT workers and cybercrime to earn cash for the isolated nuclear-armed state. The two men are alleged to be key operators in Pyongyang’s cybercriminal activities overseas, estimated by analysts to bring in billions for the country’s weapons programme. “The North Korean entities and individuals sanctioned today facilitate North Korea’s use of fraudulent IT workers to raise revenue for...
Rare Suu Kyi phone call to son signals shift in Myanmar junta strategy
The son of Myanmar’s Aung San Suu Kyi said she sounded “fairly healthy” after speaking to the detained ex-democratic leader on Thursday for the first time in more than five years. Suu Kyi, 81, is under house arrest in the capital, Naypyidaw, according to Myanmar authorities, where she has been sequestered since being unseated in a 2021 military coup. “She was sounding fairly healthy,” Kim Aris, who lives in the UK, said after the telephone conversation. It was the first time he had spoken to his...
Nepal set to receive first-ever US$20 million payout from UN climate damage fund
The United Nations’ climate loss and damage fund moved to provide US$20 million in aid sought by flood-stricken Nepal – the first time it has set aside money for any country – in a key test of the body’s credibility. In an extraordinary meeting on Thursday, the fund’s board agreed to earmark the modest sum for the Himalayan country, which was hit in August by tsunami-like floods triggered by a climate-induced ice and rock avalanche that killed more than 1,400 people and left over 5,000...
Vietnam partners with Denmark to propel its wind energy ambition
A wind energy partnership between Vietnam and Denmark has fuelled expectations of the Southeast Asian country boosting its competitiveness in renewable electricity to serve overseas and domestic markets. Vietnam is well placed to grow its renewable electricity sector by tapping its large pool of engineering talent and abundant wind resources with help from Denmark, a global leader in wind energy, according to analysts. On Tuesday, the two countries signed a comprehensive strategic partnership...