Digital inclusion moves Bangladesh up in UN e-govt ranking

‘After two years, Bangladesh will become so competent in online services that it will be a key player in the world’ Bangladesh has been ranked 115th among 193 countries in the UN E-Government Survey 2018, advancing 35 steps since 2012. The key roles in this achievement were played by the government’s Digital Bangladesh initiative, and…

Giant Bitcoin Merchant Bank Posts Losses Over $130 Million

Financing 3 hours ago| By Crypto Merchant Bank Galaxy Digital Posts Q1 Losses of Over $130 Million “I am extremely proud of the progress that we have made considering that the start of the year,” Galazy Digital CEO and founder, billionaire Mike Novogratz explained at a first quarter incomes call to financiers.”We have actually assembled…

Are you richer than the ‘average Joe’ in South Africa?

Data from New World Wealth reveals that the per capita wealth in South Africa totals up to $12,900 (R170,500), up from $11,300 (R149,000) in 2016. Wealth, according to NWW, describes the net properties of a person. It includes all properties– residential or commercial property, money, equity, company interests– less any liabilities.Similarly, a report by Allianz…

Super: Hostplus produces best return among all “MySuper” investment options

Both SuperRatings and Chant West have the mean return for MySuper well balanced funds at 9.2 per cent for the year to June 30. The worst-performing fund measured by SuperRatings produced a return for the year of 5.3 per cent for the year. And while the median-performing fund produced a return of 6.4 percent over…

Hong Kong’s Blockchain Trade Financing Platform to Go Live By September

The Hong Kong Monetary Authority (HKMA), the self-governing Chinese territory’s de facto main bank, is poised to release a live blockchain trade financing platform within 2 months. “The Trade Financing Platform is a blockchain task initiated by 7 banks in Hong Kong. The project has been assisted in by the HKMA and is targeted for…

Ethereum Billionaire Looks to China for Next Big Crypto Winners

Anthony Di Iorio hasn’t stopped looking for bargains in the digital-currency world after amassing a fortune of as much as $1 billion from his early investment in Bitcoin and as a co-founder of Ethereum. “The biggest stake for me is in Qtum and VeChain right now, the two Chinese projects,” Di Iorio said Thursday in…

Understanding Malaysia’s tech and startup ecosystem

From the end of British colonisation from 1957 to 2005, Malaysia continually increased its GDP on average 6.5 percent per year.  The capital, Kuala Lumpur, is incredibly urbanised and one of the biggest cities in the world, boasting a multiethnic and multicultural population, including plenty of English-speaking residents.    Tech startups are thriving in Malaysia….

Swiss exports struck brand-new quarterly record

Swiss exports hit new quarterly record 19 July 2018 12:39 CEST+02:00 Swiss exports matched and surpassed their recent growth, with pharmaceuticals leading the charge. Swiss exports for the second quarter of 2018 totalled 55.7 billion francs (€47.8 billion), a new quarterly record, states a communication from the Swiss Federal Customs Administration.  Pharmaceuticals, machinery, precision instruments…