In Malaysia, connected vehicles and insurance telematics have been identified as two of the fastest growing use cases for IoT that will contribute towards the expected RM9.5 billion GNI creation by 2020.
Yesterday, Digi Telecommunications Sdn Bhd (Digi) announced their intention to make a strong push into IoT with their comprehensive Connected Vehicles strategy, offering a spectrum of solutions for commercial and private vehicles, and insurance providers.
China’s introduction of stricter capital outflow controls has raised concerns around the prospects of the country’s outbound direct investment. There should be little impact in the long term and the Belt and Road Initiative will be a key catalyst to accelerate China’s outbound investment flows.
In 2016, the value of the renminbi depreciated over 6 per cent against the US dollar whilst China’s foreign exchange reserves dropped sharply. Such magnitude of changes have caused concern for Beijing and global markets.
Knight Frank, the independent global property consultancy, today launches the May 2017 issue of Asia-Pacific Residential Review, tracking cross-border residential land acquisition activity in Asia-Pacific.
The report reveals that cross-border residential land investment activity in Asia-Pacific has risen by 136.9% over the last decade, hitting more than US$42 billion in 2016, compared to US$17.8 billion in 2007.