PERTH: Following the commercial agreement executed with Vodacom Group Limited in December 2017, Mobecom announced an expansion of this initial agreement. Vodacom has agreed to develop a new Enterprise extension, for their ‘Switched On Benefits’ (SOB) platform. This will allow Vodacom to serve up deals and offers to a greater audience, incapsulating merchants and allowing…
ISLAMABAD: GE Renewable Energy, in consortium with Powerchina Zhongnan Engineering Corporation Limited, announced today that it has been selected by Pakistan Water and Power Development Authority (WAPDA) to supply six Francis turbines and generators for Stage 1 of the new Dasu hydropower plant in Pakistan. The 2.2 GW Dasu hydropower project is one of the…
LONDON: Cycladex Ltd has signed an exclusive collaboration agreement with LatCommodities for the commercialization of its technology in Chile and certain other Latin America Countries. LatCommodities is a privately funded Company with a history of mining deals in South America. Cycladex Ltd is the developer of a patented environmentally clean, safe and effective gold recovery…
LONDON: DeepMatter Group, company focusing on digitising chemistry, has signed a contract with the Cancer Research UK Beatson Institute and Cancer Research Technology (the commercialisation and development arm of Cancer Research UK) for its DigitalGlassware platform. The technology will be installed within the institute’s Drug Discovery Unit to enable the accurate and reproducible sharing of…
SYDNEY: Simavita Limited, a leading developer of smart, wearable and disposable platform technologies for the USD64 billion global diaper industry has received CE Mark approval for Smartz. Smartz now meets those standards which enable the technology to be sold throughout the European Economic Area. “Achieving CE Mark enables Simavita to commercialise our disruptive technology for…
SYDNEY: Xref Limited and CVCheck Ltd announced the details of a strategic alliance. As a result of the agreement, Xref’s reference checks will be made available to all CVCheck users, while users of the Xref platform will be able to add multiple products from CVCheck to their verification process. Xref is a high growth business…
HONG KONG: S&P Global Ratings has affirmed its ‘AA-‘ issuer credit ratings on Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). S&P also revised liquidity assessment on the company to strong from exceptional. TSMC’s plan to accelerate investments in advanced 7 nanometer (nm) and 5nm process technology should help it maintain its technology leadership, support faster growth…
ISLAMABAD: Pakistan’s corporate sector regulator has launched an exclusive startup portal to encourage technology innovation in the country during the ‘Startup Grind Pakistan’ conference in Islamabad. The portal features list of startups, simplified user experience for registration, access to mentors and incubation centres, online guides and video tutorials for Startup companies. Science and technology is…
FRANKFURT: S&P Global Ratings revised telecom network equipment vendor Nokia outlook to negative on weaker cash flow prospects, and affirmed the rating at ‘BB+’. “Nokia needs to step up investments in its 5G products during a critical stage when market demand is ramping up,” S&P noted. The negative outlook reflects the possibility of a one-notch…