Tag: Asia Pacific

Public cloud services market in Asia-Pacific to reach $165.2 bn

The public cloud services market in the Asia-Pacific region is likely to reach $165.2 Billion in 2026, according to an IDC report. The firm expects the Asia/Pacific public cloud market to grow at higher year-over-year (YoY) rate at 31.4 per cent this year, in comparison to 30 per cent in 2021, as cloud migration continues to accelerate.

October 1, 2022

ADB pledges USD 14 billion for food security in Asia and Pacific by 2025

The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.

September 28, 2022

Asia Pacific health and finance ministers commit to building stronger health systems

Health and Finance Ministers from the Asia Pacific Region met at a virtual meeting organized by WHO, the Government of Japan and the Asian Development Bank to discuss ways and means to accelerate universal health coverage (UHC) or health for all and mobilize financing for healthcare amidst and beyond the COVID-19 pandemic.

September 17, 2020

Ramesh Ramadurai named 3M India’s new managing director

3M India is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) with Rs 3,054-crore consolidated annual revenue for the fiscal 2018-19.

May 30, 2019

Moody’s revises banking outlook in Asia Pacific

Credit rating agency Moody's reported on Tuesday that it has revised the outlook for banks in the Asia Pacific from negative to stable. A total of 77 per cent of bank rating outlooks in the region are now stable, up from 64 per cent at the end of last year, Efe news quoted the agency …

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July 4, 2017

China, India to be world’s largest air market

The Asia Pacific continues to be an engine for growth, with China and India set to become the world's largest market for aircraft, a top Airbus official announced on Friday. John Leahy, Chief Operating Officer of the European aircraft maker Airbus, said: "Air travel is remarkably resilient to external shocks and doubles every 15 years… …

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June 9, 2017

‘China will pursue active foreign policy in Asia Pacific’

Expressing concern over China's massive military build-up, a top US intelligence official has told lawmakers that the Communist nation will continue to pursue an "active" foreign policy, especially in the Asia Pacific region, to expand its strategic and economic influence. Director of National Intelligence Dan Coats told members of the powerful Senate Armed Services Committee …

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May 24, 2017