An Upgraded ESG Technology Alliance Drives Changes in Digital Governance across ASEAN – Yahoo Finance
Taiwan and Japan take technological exchanges a step further
TAIPEI, Nov. 22, 2022 /PRNewswire/ — Geopolitical tensions in the Asia-Pacific region have triggered a crisis in global supply chains. Taiwan and Japan have recently expanded their collaborative efforts and exchanges in the technology field. Both markets share the characteristics of interdependence and complementarity. Thus, the two regions have close partnerships, especially in foresight technology and economic and trade cooperation. With flourishing governmental and civil exchanges, Taiwan–Japan collaborations continue to thrive.
Sunrisemedium, a Taiwanese digital media outlet, and Startup Island TAIWAN, a public sector start-up brand, organized the ESG Opportunity Matchmaking and Exchange Forum for Taiwan–Japan in November of this year, to which they invited 9 major technology start-ups from Taiwan and Japan to discuss the opportunities for cooperation between the two regions in the ESG field. The forum focused on joint efforts to enter the ASEAN market with solutions and collaborative approaches in three dimensions: digital transformation, environmental sustainability and intelligent infrastructure. The participating technology start-ups from Japan include QUANDO, zeroboard and VACAN. Taiwan’s participating companies include Wishing-Soft, Sustaihub, Dawoko, Canopy Impact Investment, Blutech and TMY Technology.
Representatives from Taiwan and Japan reached consensus on three important topics that are key in accelerating regional integration and achieving the goal of carbon neutrality by 2050:
1. The relationship between Taiwan and Japan evolves from trusted partners to a regional ESG technology alliance: Jointly capturing the Asia-Pacific market requires one to two years of resource coordination and planning, and needs to drive a collective supply chain upgrade for ASEAN members
2. Taiwanese and Japanese companies jointly promote ESG with altruism as the core: Companies in the two regions serve as models for and drivers of the digital infrastructure and circular economy ecosystem in the Asia-Pacific region. One assists others to maximize their business value.
3. Taiwan and Japan accelerate the sharing of their experience in the application of AI in both regions: Taiwan and Japan have similar population aging processes, lifestyles and educational systems. As such, this dramatically shortens the journey of AI machine learning.
With the synergy of assistance, complementarity and reciprocity, Taiwan and Japan have initiated 9 key paths to industrial transformation. The 9 key paths include heavy industry, manufacturing, energy, construction, transportation, information and communications, low-orbiting satellites, agriculture, livestock and life services. The forum focused on three key themes in line with the ESG paths:
1. Digital transformation overcomes human limitations and successfully drives business decisions:
QUANDO’s remote collaboration platform accelerates the transformation of aging industrial facilities;
Wishing-Soft’s SaaS dramatically reduces ESH (Environmental, Safety and Health) risks; and
Sustaihub’s AI technologies optimize ESG decisions.
2. Carbon reduction, the circular economy and local entrepreneurship nurture environmentally sustainable supply chains:
zeroboard’s cloud services for the calculation of greenhouse gas emissions help companies decarbonize;
Dawoko’s forestry circular economy connects 30 companies to help create a new model for living responsibly; and
Canopy Impact Investment’s integration platform empowers new ventures in agriculture and food to expand the impact of their ESG paths.
3. Smart infrastructure facilitates digital governance in public and private sectors:
VACAN’s AI-based platform, which detects space that is not being used such as empty seats in restaurants and empty spaces in parking lots, maximizes space utilization and can be repurposed to meet emergency relief needs;
Blutech’s wireless sensing technology overcomes limitations of field management such as physical wiring; and
TMYTEK uses 5G and satellite communication technologies to build the data transmission and communications foundation for a smart city.
Taiwan–Japan exchanges and cooperation are just around the corner. The two goals for 2023 are:
1. Leverage Taiwan’s strength in executing proofs of concept (PoCs): Collaborating on the plans for the Japanese supply chain market, and establishing a presence in the Asia-Pacific, European and American markets
2. Connect Taiwan’s and Japan’s supply chain data: Sharing the digital build of software and hardware to reverse the renewable energy deficit in the Asia-Pacific region
Japan, as a leader in the circular economy, is the first G7 country to consider ESG when making decisions concerning investment in foreign exchange reserves in 2021. In addition, Japan has put in place policies on digital governance and boosted the transformation of local traditional industries. All the efforts eventually make the society be prepared to enter the aging society with AI applications. These policies and their applications will influence digital development across all ASEAN countries. Taiwan, as the invisible driver of the global technology supply chain, will continue to support the R&D and applications of Japanese partners. Furthermore, Taiwan is also developing flexible international co-creation models. Taiwanese innovation teams are able to empower Japanese counterparts to deliver more comprehensive and sustainable services to ASEAN members. Resource integration will be the focus of Taiwan–Japan exchanges in 2023. Sunrisemedium and Startup Island TAIWAN will match the ESG resources of more Taiwanese and Japanese companies and create cross-country clustering benefits in Asia-Pacific supply chains.
For more information, please visit Sunrisemedium’s website at https://sunrisemedium.com/press/233/esg-exchange-forum-for-taiwan-japan-innovation-community
Press Contact
SUNRISEMEDIUM, Han Lin, hanlin@sunrisemedium.com
SUNRISEMEDIUM, Sean Lee, seanlee@sunrisemedium.com
SOURCE SUNRISEMEDIUM
(Bloomberg) — No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives machinery for construction, manufacturing and farming. It’s burned for heating homes. And with the high price of natural gas, in some places it’s also being used to generate power.Most Read from BloombergMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentSwedish Housing Is Now in the Worst Rout Since the 1990sCrypto Brokerage Genesis Is Said to Warn of Bankr
(Bloomberg) — Amazon.com Inc. emerged as a potential savior for Argo AI, the now-defunct startup backed by two of the world’s biggest automakers, before the deal fell apart because of a sputtering economy, concerns about control and flagging faith in fully autonomous driving.Most Read from BloombergMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentSwedish Housing Is Now in the Worst Rout Since the 1990sCrypto Brokerage Genesis Is Said to Warn of Bankruptcy Without FundingBeyond Meat
Yahoo Finance's Pras Subramanian discusses Tesla's latest vehicle recall over a tail light issue, making it the EV maker's 19th recall this year.
Pipeline firm Plains All American Pipeline, L.P. was cut to a neutral rating Monday by a major sell-side firm. Let's check the charts and indicators. In this daily bar chart of PAA, below, we can see that prices have been moving higher in an upward sloping channel.
UPS NY Operations Manager Leo Cummings speaks with Yahoo Finance about the holiday shipping season and the role of automation.
Yahoo Finance Live anchors discuss reports that airlines are looking to push for solo piloting in an effort to lower costs.
Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) would be Tesla, Inc (NASDAQ: TSLA) supplier of choice for its next-generation Full Self-Driving (FSD) computer, Teslarati reported. The famous Apple Inc (NASDAQ: AAPL) supplier will supply Tesla chips under 4-nm and 5-nm processes. Tesla could become one of TSMC's largest and most high-profile customers in 2023, marking Tesla's debut as TSMC's first customer in the large-scale EV manufacturing sector. Tesla's next-generation computer, wh
(Bloomberg) — Oil futures were steady after a volatile run as investors juggled a clouded supply outlook and concerns over weaker demand in virus-hit China.Most Read from BloombergMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentSwedish Housing Is Now in the Worst Rout Since the 1990sCrypto Brokerage Genesis Is Said to Warn of Bankruptcy Without FundingBeyond Meat Plant’s Dirty Conditions Revealed in Photos, DocumentsDisney Shares Jump on Optimism Over Iger’s Surprise ReturnWest Te
Fear has gripped the oil and gas markets, but you'll want to consider buying, not selling, stocks right now.
Exxon Mobil has gained since beating Q3 earnings and Russia attacked Ukraine, but is XOM still a buy as oil prices drop?
LONDON (Reuters) -Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps to balance the market, outweighing global recession worries and concern about China's rising COVID-19 case numbers. Saudi Arabian Energy Minister Prince Abdulaziz bin Salman on Monday was also quoted by state news agency SPA as denying a Wall Street Journal report that said OPEC was considering boosting output and sent prices plunging by more than 5%. U.S. West Texas Intermediate (WTI) crude was up $1.16, or 1.5%, at $81.20.
Volkswagen expects sales in China to stagnate at about 3.3 million vehicles in 2022, its China chief told Handelsblatt on Tuesday, as it struggles to make up the impact of coronavirus lockdowns and chip shortages in the first half. The carmaker had previously forecast sales of 3.85 million vehicles this year, on par with 2020, but adjusted its expectations in the middle of the year, Ralf Brandstaetter told the German daily. Volkswagen said in July that monthly production volumes across the group had improved significantly towards the end of the second quarter – but a programme implemented to catch up on the first-half shortfall was not enough to compensate for the losses, Brandstaetter said on Tuesday.
Oil refiner Valero is in a buy zone after strong earnings. Despite downward pressure on oil in recent weeks, the oil stock has held near its buy point.
In this daily bar chart of TSLA, below, we can see that prices have clearly broken their October lows and have made new 52-week lows. The trading volume has increased in the past two months, telling me that traders are voting with their feet and shares are not falling of their own weight, so to speak. In this weekly Japanese candlestick chart of TSLA, below, we see a bearish setup.
Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department, sources with knowledge of the matter told Reuters, as part of a global restructuring and as its China business slows. Credit Suisse declined to make specific comments on the layoffs in China when contacted by Reuters. Two sources said that more than 20 China-based investment bankers have been notified about the job cuts at Credit Suisse Securities (China), the bank's 51%-owned joint venture.
Wall Street is wondering how the company will sustain its hefty dividend if it sheds its Siberian cash cow.
The accelerated pace of 5G deployment should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. AMX, ORAN and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
Oil futures recovered early Tuesday from the steep slump instigated Monday by mixed news that major producers were mulling churning out more oil.
The Eagle Ford shale play is seeing a wave of renewed interest, with dealmaking and M&A activity in the region on the rise