Latest news with #APAC
Yahoo
a day ago
- Business
- Yahoo
AWS' Klein on AI Trends & Business Outlook
Olivier Klein, Chief APAC Technologist for AWS, discusses his outlook on how trends like Agentic AI is changing model structures and application of artificial intelligence for businesses in the region. He speaks with Annabelle Droulers on the sidelines of SuperAI Conference in Singapore on "The China Show".
Barnama
a day ago
- Health
- Barnama
Sunway Medical Centre Retains Malaysia's Top Spot In Paediatrics For Three Consecutive Years
BUSINESS KUALA LUMPUR, June 19 (Bernama) -- Sunway Medical Centre, Sunway City (SMC) retained its top spot for paediatrics in Malaysia for three years in a row, according to the latest Best Specialised Hospitals Asia Pacific (APAC) Newsweek 2025 rankings. SMC, in a statement today, said the country's largest private quaternary hospital ranks 30th for paediatrics and is also featured in the top 75 APAC hospitals for neurology, neurosurgery, cardiology, cardiac surgery, oncology and orthopaedics. President of Sunway Healthcare Group Datuk Lau Beng Long expressed pride for the continued recognition of its healthcare in the region, especially SMC's paediatrics being the top in Malaysia. He said SMC's Children's Health and Development Centre offers the most comprehensive paediatric subspecialties among hospitals in Malaysia, with 26 subspecialties and 50 consultants. He added that the hospital also pioneered the nation's first private hospital 24-hour standalone Children's Emergency Department, operating separately from the adult Accident & Emergency Department, serving as a one-stop centre that offers urgent, comforting care for infants, children and adolescents. 'The hospital also excels in exceptional niche paediatric expertise, including haematology, gastroenterology, oncology and transplant medicine. Sunway Medical Centre became the first private hospital in Malaysia to successfully perform a paediatric kidney transplant, yet another testament to its drive for clinical excellence. 'In addition, the hospital continuously enhances the depth and breadth of its other major adult clinical disciplines like cardiology, oncology, neurology, gastroenterology and orthopaedic surgery,' he said. Meanwhile, SMC Chief Executive Officer Dr Seow Vei Ken said the recognition reaffirms the hospital's commitment to clinical excellence and patient-centred care, especially paediatric services. 'Sunway Medical Centre continues to be at the forefront as Malaysia's top private paediatric service provider, offering a comprehensive ecosystem of specialised care for children,' he said.
Associated Press
a day ago
- Business
- Associated Press
Modular Edge Pods & AI Integration Reduce Deployment Risks for APAC Edge Centers
DUBLIN--(BUSINESS WIRE)--Jun 19, 2025-- The 'Asia-Pacific Edge Data Center Market: Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to offering. The Asia-Pacific edge data center market, valued at $6.64 billion in 2024, is expected to reach $36.44 billion by 2034, exhibiting a robust CAGR of 17.99% during the forecast period 2025-2034. An increasing trend towards low-latency, distributed computing architectures is propelling the APAC edge data-center market, especially as 5G networks, IoT deployments, and smart-city projects spread throughout the region. Edge sites provide millisecond-level response times for data-intensive use cases like autonomous cars, real-time video analytics, AR/VR apps, and industrial automation by relocating compute and storage capabilities closer to endpoints, relieving strain on centralised clouds and core networks. Edge build-outs are becoming a top focus for governments and service providers, from China's 'New Infrastructure' program and South Korea's 5G+ Strategy to India's National Digital Communications Policy and Singapore's Smart Nation vision. Capex and opex for operators are being defrayed by subsidies for micro-data-center installations, spectrum allocations for private 5G networks, and advantageous tax treatment for local-build facilities. The requirement for geographically dispersed compute nodes is further highlighted by the use cases' explosive expansion, which ranges from predictive maintenance in Japanese industry to precision agriculture in Australia. Deployment risk is progressively declining due to continuous research and development in modular, prefabricated edge pods and sophisticated cooling solutions, even though issues with standardising hardware footprints, maintaining physical security at remote sites, and insuring multi-vendor interoperability still exist. The region's next-generation digital economy will rely heavily on edge data centres as telcos and APAC businesses expand their commercial roll-outs and test programs. APAC Edge Data Center Market Trends, Drivers and Challenges Market Trends Market Drivers Market Challenges Competitive Strategy: Key players in the APAC edge data center market analyzed and profiled in the study include project developers and accounting tool providers. The analysis covers market segments by applications, products by type, regional presence, and the impact of key market strategies. Additionally, detailed competitive benchmarking has been conducted to illustrate how players compare, providing a clear view of the market landscape. The study also examines comprehensive competitive strategies, such as partnerships, agreements, and collaborations, to help identify untapped revenue opportunities in the APAC edge data center market. Key Attributes: Key Topics Covered: 1 Markets 1.1 Trends: Current and Future Impact Assessment 1.1.1 Trends Shaping Edge Data Center Market 1.1.2 5G Network Deployment 1.1.3 Proliferation of Internet of Things (IoT) Devices 1.1.4 Adoption of Software-Defined Networking (SDN) Technology 1.2 Supply Chain Overview 1.2.1 Value Chain Analysis 1.2.2 Market Map 1.2.2.1 Edge Data Center Market (by Type) 1.2.2.1.1 On-Premise Edge Providers 1.2.2.1.2 Network Edge Providers 1.2.2.1.3 Regional Edge Providers 1.3 Research and Development Review 1.4 Technological Analysis 1.4.1 Current and Upcoming Technologies 1.4.2 Key Countries with the Highest Number of Edge Deployments 1.4.3 Technologies at Risk of Becoming Obsolete 1.5 Implications for Investors, Operators, and Enterprises 1.6 Regulatory Landscape 1.7 Market Dynamics Overview 1.7.1 Market Drivers 1.7.1.1 Minimizing Latency and Bandwidth Usage 1.7.1.1.1 Case Study: Comparing Edge Servers and Cloud Locations for Enhanced User Experience 1.7.1.2 Increasing Focus on Providing Personalized AI Services 1.7.2 Market Restraints 1.7.2.1 Lack of Consideration of Security-by-Design 1.7.2.2 Non-Migratability of Security Frameworks 1.7.3 Market Opportunities 1.7.3.1 Surge in Investment by Data Center Providers 1.7.3.2 Increase in Data Generation 2 Regions 2.1 Regional Summary 2.2 Asia-Pacific 2.2.1 Key Market Participants in Asia-Pacific 2.2.2 Regional Overview 2.2.3 Driving Factors for Market Growth 2.2.4 Factors Challenging the Market 2.2.5 Application 2.2.6 Product 2.2.7 China 2.2.8 Application 2.2.9 Product 2.2.10 Japan 2.2.11 Application 2.2.12 Product 2.2.13 Australia 2.2.14 Application 2.2.15 Product 2.2.16 Rest-of-Asia-Pacific 2.2.17 Application 2.2.18 Product 3 Markets - Competitive Benchmarking & Company Profiles 3.1 Competitive Landscape 3.2 Company Profile 3.2.1 Leading Edge Data Centres 3.2.1.1 Overview 3.2.1.2 Top Products/Product Portfolio 3.2.1.3 Top Competitors 3.2.1.4 Target Customers 3.2.1.5 Key Personnel 3.2.1.6 Analyst View 3.2.1.7 Market Share For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 06/19/2025 10:21 AM/DISC: 06/19/2025 10:21 AM
Al Bawaba
2 days ago
- Business
- Al Bawaba
Arabian Travel Market underscores the vital role of Asia Pacific in the future of tourism as international travel is set to reach US$2.5 trillion by 2029
The Asia-Pacific (APAC) region is poised for significant tourism growth, with spending on international travel forecast to hit US$2.5 trillion and domestic travel to reach US$4.3 trillion by 2029, according to the latest data from Euromonitor travel from APAC is projected to grow at a CAGR of 7%, with intra-regional journeys expected to account for 61% of all trips by the end of 2025. By 2029, one in three trips is anticipated to be outside the APAC region, with 75% of bookings set to be made online.A high-impact panel discussion at Arabian Travel Market (ATM), brought together top industry minds to explore the future of travel in the APAC region. Moderated by Mingie Wang, Chief Correspondent at China Daily, the panel discussed traveller behaviour, digital transformation, and the resurgence of outbound travel, particularly from China, providing fascinating insights into this key global included Alhasan Aldabbagh, President of APAC Markets, Saudi Tourism Authority; Gary Bowerman, Founder of Check-in Asia; Boon Sian Chai, Managing Director and Vice President of International Markets at Group; and Shahab Shayan, Regional Director Asia Pacific at Department of Economy and the session they highlighted a shift in purchasing decisions across the APAC region, driven by experiential travel, digitalisation, and a growing desire for cultural Curtis, Exhibition Director ME, Arabian Travel Market, said: 'More than 60% of travellers are booking trips around concerts and sporting events, while over 40% are influenced by digital platforms such as TikTok. Interestingly, film and television are also playing a significant role, evidenced by a rise in bookings to Thailand following the popularity of The White Lotus.'According to a recent report compiled by Tourism Economics on behalf of ATM, tourism nights from Asia Pacific and Africa are on track to more than double between 2025 and 2030. The number of tourism nights, specifically from China to the Middle East, is expected to grow by 189% through 2030, and APAC source markets are set to account for the largest share of business nights in the region, with India, in particular, gaining addition, travellers from APAC record the highest spend per person per day globally, at a rate of US$300, across various tourism sectors, including accommodation, food and beverage, and retail. This high level of expenditure is mainly driven by Chinese travellers whose strong purchasing power continues to shape global travel Dubai Economic Agenda, D33, is key to ensuring the emirate's strategic success in APAC markets, with a focus on market segmentation and storytelling. By tailoring messaging for platforms such as the video-sharing website Bilibili and the social networking and e-commerce platform Red Note, and leveraging strong air links through carriers like Emirates and flydubai, Dubai's tourism authorities continue to position the city as a relevant, accessible, and aspirational destination for travellers across a newcomer to APAC tourism markets, Saudi Arabia has adopted a highly localised approach, as outlined during the discussion. Recognising the diversity of the region, which comprises 49 distinct countries, tourism authorities in the Kingdom study each source market closely, from dietary preferences to cultural nuances, tailoring travel experiences accordingly. This strategy is supported by partnerships with media, trade, and research bodies to ensure that Saudi Arabia's offerings resonate authentically with travellers across the added: 'Technology is playing an increasingly pivotal role in travel decision-making across the APAC region, with consumers relying heavily on digital tools, social media, and planning is transforming how travellers research and book trips, although the digital landscape varies significantly from country to country. One constant across the region is the importance of trust, particularly in peer-generated content, which continues to influence traveller choices at every stage of the journey.'Panellists also cited sustainability as a key consideration for younger generations in the APAC region, with research from indicating that 30-40% of Gen Y and millennial travellers are willing to pay more for eco-friendly travel. For these consumers, sustainability extends beyond carbon offsets and environmental protection, encompassing support for local culture and heritage. ATM is a leading global event held annually in Dubai, which enables growth for the travel and tourism industry. Uniting all travel sectors and verticals, the event generates US$2.5 billion in business deals. The next edition of ATM will take place at the Dubai World Trade Centre from May 4 to 7, 2026.
ABC News
2 days ago
- Business
- ABC News
US Federal Reserve chair Jerome Powell leaves interest rates on hold
BlackRock chief investment strategist for the Middle East and APAC, Ben Powell, says the US Federal Reserve chair Jerome Powell will be steadfast and only move on interest rates when the data warrants a move. #ABCBusiness
