The Fusion Energy Dream Is Inching Towards Reality

After decades of disappointingly slow but steady progress, the race for fusion energy dream is now fully on, with governments, scientific institutions and private enterprises pouring billions of dollars into this potentially world-altering technology. Fusion is the process that occurs in stars, such as our sun, when hydrogen atoms fuse together, producing helium — and…

Hyosung to Invest 1 trillion Won in Carbon Fiber

South Korea’s Hyosung announced Tuesday it will invest 1 trillion won ($829 million) by 2028 to expand its carbon fiber production capacity, vowing to raise the country’s competitiveness to lessen dependence on other countries. To achieve this, it will put advanced materials, crucial for the “hydrogen economy,” at the forefront of its business portfolio. The…

South Korea’s Plans For A Hydrogen Economy

South Korea is planning a road map to build a so-called hydrogen economy as part of a broader plan to increase the number of hydrogen-powered vehicles on its roads, the government said on Feb. 26. The Ministry of Science and ICT said a combined 100 officials from six ministries and other experts from the private…

Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens

Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…

Crypto Exchange Binance Is Setting Up Shop in Singapore

Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month. The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: “#Binance Singapore will come online in April. It will be our next Fiat…

China’s String of Pearls & India’s Look East

For years China has been pursuing its policy of a string of pearls; which meant having naval stations around the Indian subcontinent as a means of encircling India.  The building of a port in the Sri Lankan town of Hambantota, Gwadar in Pakistan, courting the island states of Seychelles, Maldives, Mauritius and not to mention…

The strategy behind selecting a Republic Day guest

I had always wondered about the procedure of choosing a guest for the Republic Day celebrations that happen in New Delhi.  Going by this article, there seems to be a strategy behind the whole selection.  It all depends on the way India percieves the person its inviting, the kind of relations between the two countries…

India – South Korea Free Trade Agreement

South Korea and India signed an ambitious free trade agreement Friday that slashes tariffs, encourages investment and promotes exchange of skills in a bid to double fast-growing commerce between two of Asia’s biggest economies over the next decade. South Korean Trade Minister Kim Jong-hoon and India’s Minister of Commerce and Industry Anand Sharma signed what…

KV Kamath is Businessman of the year – 2007

ICICI Bank chief executive officer K.V. Kamath has been named Businessman of the Year for 2007 by Forbes Asia, for his steadiness at steering ICICI into one of Asia’s top banks. Under Mr Kamath’s watch since 1996, ICICI Bank’s market capitalisation has risen to $31 billion, placing it among the region’s top 10 banks.“By this…

India’s refining hub to be largest in world – Jamnagar

Reliance Industries and Essar Oil , India’s largest private sector oil refiners, are set to create the world’s biggest petroleum refining hub as part of plans to expand their plants in Jamnagar, western India. Essar has announced a $6bn expansion plan to more than triple capacity at its refinery, while Reliance, at its site a…