Cisco is working with telcos on a private 5G as a service model, says a senior executive.

US network equipment maker Cisco is working with telecom operators to find ways to make money off of 5G use cases, especially the private 5G as a service model, a senior company executive said. This is happening as Reliance Jio and Bharti Airtel speed up their 5G rollouts. India will jump ahead e...

According to a source, the government wants the ability to remotely turn off private residential air conditioners

The weather in Japan is uncomfortably hot for much of the year. The winters are harsh, and the summers are hot and humid.

However, if a new Japanese government plan is implemented, those seasons may become much more uncomfortable. According to Japan's Nihon Keizai Shimbun, at a meet...

The principal of a school in Kerala stops a private transport so that pupils can board

After receiving numerous complaints about buses not stopping close to his school, Dr. Sakeer, the principal of PTM Higher Secondary School in the Malappuram district, decided to take action personally.

In Kerala's Malappuram, a school principal took action by standing in front of a ...

'Thailand Moving Together' meets with the private sector to ensure the safe operation of tourism and transportation in the endemic era

Anutin Charnvirakul, Deputy Prime Minister and Minister of Public Health, presided over a meet-and-greet session titled "Thailand Moving Together: Hug, Eat, Fly, Travel, Live Together" and hosted a public hearing with tourism and transportation operators to discuss ways to make the tran...

Vance Chemicals Extended Contract with Singapore Airlines

Vance Chemicals Private Limited is a leading company of water-based disinfectants used on a daily basis. The company has proudly announced the extension of its contract with the national flag carrier of Singapore, Singapore Airlines Limited for the supply of Air Fresheners for inflight use.

Global Private Jet Market to Grow at a CAGR of 4.1% during Forecast Year - A Report By Absolute Markets Insights

Global Private Jet Market Growth & Trends

The global outbreak of COVID-19 caused not only a partial collapse of the air transport, but travelling has got even more complicated and many people are yet reluctant to travel. Covid-19 has changed the way for travelling. ...

SpaceX Inspiration4 first orbital spaceflight with private citizens aboard, launched successfully

Highlights

• Currently there are seven people on board the ISS
• Inspiration4 becomes the first spaceflight with private citizens aboard

SpaceX's all-civilian Inspiration4 is the first spaceflight with private citizens aboard. The sp...

Global Private Placement Life Insurance (PPLI) Market by Current Industry Status

Privately placed life insurance (PPLI) is generally structured and described as a variable universal life insurance policy. In PPLI, premiums are flexible. The holders of insurance policy can pay any amount of their choice as premium at the time of their ease. From the cash value in the policy su...

JAPAN’S ECONOMY SHRANK IN JAN-MARCH PERIOD BY 3.9 PERCENT

Highlights –

• Japan’s economy shrank in Jan-March period by 3.9 percent.
• Real gross domestic product contracted 1.0 percent from the previous quarter.
• Government spending dropped 1.1 percent.
• Capital expenditure decrea...

JAPAN GOVT. DOWNGRADED ECONOMIC ASSESSMENT AS CONSUMPTION DAMPENS

Highlights –

• Japan govt. downgraded economic assessment as consumption dampens.
• The extended state of emergency over the coronavirus pandemic has led to the downgrade assessment.
•  Private consumption in April has shown a weak ton...

REPORT: PRIVATE HEALTH INSURANCE INDUSTRY OF AUSTRALIA IN A DEATH SPIRAL

Highlights:

• The private health insurance industry of Australia is in a death spiral
• The causes of the malaise have been well documented and should also include an ageing population

A report from health thinktank the Grattan Institute...

CHINA SEES INDUSTRIAL OUTPUT RISE BY 9.8 PERCENT IN APRIL

Highlights –

• China sees industrial output rise by 9.8 percent in April.
• China’s industrial output rose 20.3 percent year on year in the first four months of 2021.
• In April, the private sector's output increased 11.2 percent ...

S. KOREA’S DOMESTIC DEMAND SHOWS IMPROVEMENT IN APRIL

Highlights –

• S. Korea’s domestic demand shows improvement in April.
• The country’s exports saw an increase of 41.1% on-year in April.
• In April, sales at department stores rose 26.8 percent on-year.
• The county rep...

COVID VACCINE IN INDIA’S PRIVATE SECTOR IS AMONG COSTLIEST

Highlights:

• The price of the vaccine has surged up to six times what was promised in the private sector.
• The vaccine ranges from Rs. 700-900 for Covishield and Rs. 1200-1500 for Covaxin.
• The private sector vaccination will be done currently...

JR EAST TO REDUCE THE NUMBER OF TRAINS BY ABOUT 20%

Highlights –

• JR East to reduce the number of trains by about 20%.
• Other major private railway companies also plan to cut the number of trains.
• A total of 88 trains on each day will be cut between 6 a.m. and 10 a.m. on seven lines.

TAXI HAILING T MAP MOBILITY TO ISSUE NEW SHARES WORTH $357.3 MILLION

Highlights –

• Taxi hailing T Map Mobility to issue new shares worth $357.3 million.
• The shares will then be allocated to two private equity funds (PEFs).
• T Map Mobility’s move comes as it plans to compete with Kakao Mobility.

BRITAIN’S CVC CAPITAL LIKELY TO BUYOUT TOSHIBA CORP. IN A PRIVATE DEAL

Highlights –

• Britain’s CVC Capital likely to buyout Toshiba Corp. in a private deal.
• The terms of the deal will be discussed between the two companies and also the government.
• Toshiba received the initial proposal by CVC on Tues...

JAPAN’S CORE PRIVATE SECTOR MACHINERY ORDERS FALL IN JAN. BY 4.5 PERCENT

Highlights –

• Japan’s core private sector machinery orders fall in Jan. by 4.5 percent.
• Machinery orders from manufacturers dropped 4.2 percent.
• Machinery orders from nonmanufacturers fell 8.9 percent to 474.38 billion yen.
...

COINBASE READIES FOR ITS IPO

Highlights:

•             Privately held shares of the exchange are being traded in a secondary market

•             The date for the IPO launch is not yet announced.

The largest cryptocurrency exchange in the US, Coinbase is getting ready to launch its IPO. However,...

S. KOREA’S NUMBER OF PATERNITY LEAVE IN 2020 INCREASED BY 23 PERCENT

Highlights –

• S. Korea’s number of paternity leave in 2020 increased by 23 percent.
• In 2020, the total number of private-sector workers requesting paternity leave stood at 27,423.
• The average length of paternity leave in South Ko...