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Coronavirus-spurred growth in the technology sector will help drive merger and acquisition (M&A) activity in the Asia Pacific this year, bankers and lawyers predict, with the potential easing of Sino-United States tensions likely to revive outbound investment. Deals involving Asia Pacific firms totaled US$1.2 trillion in 2020, up 12 percent from 2019. Seven of the year’s 10 largest transactions were announced in the third quarter, which in total accounted for 40 percent of the year’s deals by value. High technology and telecommunications companies surged to a 23 percent share of deal value, up from 14 percent last year, while retail and consumer products and services firms also reported growth. “COVID has dramatically accelerated digitalization, e-commerce and fintech,” said Jung Min, co-head of M&A at Goldman Sachs in Asia, excluding Japan. “Companies that have benefited are now suddenly much larger in size and financial scale, creating significantly more potential to … [Read more...] about Tech, cross-border activities set to drive Asia M&A in 2021

SINGAPORE - A high-level committee has been set up to create jobs for Singaporeans in the digital economy, help small businesses go online and ensure no citizen is left behind by technology. The Ministerial Committee for Digital Transformation will guide efforts to accelerate Singapore's adoption of digital technology, which has taken on greater urgency as Covid-19 forces huge changes to how people work and live and how businesses operate. Its key focus is to work with companies and the labour movement to create jobs in the info-communications and technology (ICT) sector and to place Singaporeans in these jobs, Communications and Information Minister S. Iswaran said in an interview. And with small and medium enterprises employing some 65 per cent of the workforce here, one of the committee's prime aims is to help them survive and thrive through the use of technology. The badly hit retail and food and beverage sectors will get special attention, for a start. Another area … [Read more...] about Ministerial Committee set up to guide digital adoption, create jobs in digital economy

As it stands, some of us won’t be able to see our mum’s on Mother’s Day - but that doesn’t mean you can’t send her a little something to make her smile, and know you’re thinking of her. With it being a pretty hard year for all, why not make her feel extra special with an Afternoon Tea delivery? From supermarkets to online retailers, we’ve found the best Afternoon Tea boxes and hampers that can be delivered directly to her door. And it doesn’t even need to be for your mum. Maybe you have a grandparent, sister, auntie, friend or neighbour that’s really been there for you, and deserves a treat too. With everything from snacks, sandwich fillers, cakes and other treats - some boxes even have the option to upgrade with a bottle of bubbly. So what are you waiting for? We’re hoping that at least one of the options below takes your fancy - and that special woman in your life’s too. Morrisons Afternoon Tea Box - £20 This box includes everything you need to enjoy a traditional … [Read more...] about Best Mother’s Day 2021 Afternoon Tea gifts – that you can send directly to her door

If you've already filed your tax return and have some cash to spend on games and collectibles, GameStop has been hosting a Tax Day sale all week with deals on 2020 hits for PS5/PS4 and Xbox Series X/Xbox One. Round two of the Tax Day sale kicks off this Sunday, and while there are some new deals, a lot of the current deals carry over. The big change in the second week of the Tax Day sale comes on Nintendo Switch games. While this week's highlighted Switch deal was The Legend of Zelda: Breath of the Wild for $50 (not really a deal), next week's offerings are pretty good. You can get four popular Nintendo Switch exclusives for $39 each: Luigi's Mansion 3 , Super Mario Maker 2 , Super Mario Party , and Mario Tennis Aces . There are also some solid multi-platform deals. Four recent Ubisoft titles are discounted to excellent prices. Watch Dogs: Legion leads the way at $25, which is the lowest price we can recall. You can also snag Immortals Fenyx Rising for $30, … [Read more...] about GameStop’s Tax Day Sale Round 2 Begins This Sunday

advertisement advertisement advertisement There’s a global shortage in semiconductors, and it’s becoming increasingly serious. The U.S. is currently reviewing its supply of the technology, following a landmark executive order from President Joe Biden. advertisement advertisement The president also pledged $37 billion to cover the short-term costs of rebuilding and securing America’s supply of semiconductors , which are a fundamental part of microchips and thus integral to everything from computers to smartphones to renewable energy and military hardware. The automotive sector has been worst affected by the drought, in an era where microchips now form the backbone of most cars. Ford is predicting a 20% slump in production, and Tesla shut down its Model 3 assembly line for two weeks. In the U.K., Honda was forced to temporarily shut its plant as well. graphics cards and Xboxes respectively. It appears that no … [Read more...] about How the world ran out of a critical technology that powers our cars, phones, and more