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China to push 5G commercialisation even as Huawei faces US-led resistance

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 Insights

25-Mar-19 China plans to accelerate commercialisation of 5G in a "final sprint", with 60% of the USD256 bn 2019 tech budget allocated to telecommunications. Industrial Internet, smart transport, intelligent manufacturing, smart medical care and digital agriculture are among the priorities. [image: South China Morning Post]

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Kargo launches to tackle logistics in Indonesia

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 Insights

20-Mar-19 Indonesia-based logistic startup, Kargo Technologies, debuts in Southeast Asia after raising seed funding of USD7.6 mn. Kargo is also backed by Uber founder Travis Kalanick’s 10100 Fund, and co-founder of Northstar Group, Patrick Walujo, an early investor in Go-Jek. [image: KrAsia]

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Alipay, Barclaycard help UK retailers reach Chinese tourists

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 Insights

14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]

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Abu Dhabi boosts healthcare innovations

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 Insights

11-Mar-19 Artificial Intelligence is set to give the UAE economy a USD182 bn boost by 2035, with healthcare likely to see a gain of USD22 bn. The DoH has launched an 'AI Lab' to serve as a safe platform for co-creation. [image: Arab Health]

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How big will 5G be in the Middle East?

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 Insights

28-Feb-19 5G is expected to reach 30 mn enhanced broadband subscriptions in the Middle East and Africa by 2024, representing 2 percent of total subscriptions. The majority are expected to come from advanced markets like Saudi Arabia, UAE and South Africa. [image: Arabian Business]

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