
South Korea Pledges $20 Million to ADB Fund for AI Development
South Korea will contribute $20 million to an Asian Development Bank (ADB) trust fund supporting AI development. The fund aims to establish a Center for AI Innovation and Development, expanding cooperation in AI and digital transformation.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- South Korean Firms Keen to Stay in Vietnam Despite Rising Costs: Survey
A survey reveals 92% of South Korean companies in Vietnam intend to maintain their operations despite rising labor costs and regulatory burdens, citing cost advantages. The direct impact on Laos's economy is seen as limited.
- Lao Bullion Bank Joins Japan Bullion Market Association, Boosting Precious Metals Sector
Lao Bullion Bank (LBB) has joined the Japan Bullion Market Association (JBMA) as part of its strategy to enhance the international connectivity of Laos' precious metals market. This membership aims to broaden LBB's access to market information and explore new business opportunities, particularly in high-purity gold.
- Rare Earth Ponds Burst in Houaphanh, Villages Halt River Use Pending Inspections
Two rare earth mining ponds in Houaphanh province, Laos, burst on November 1st, releasing chemical wastewater into the Nam Vaen River. Local villages have been instructed to halt river water usage pending inspections, as authorities investigate the cause and extent of the pollution. Similar environmental concerns have been raised previously.
- Public Bank Lao Ltd. Celebrates 30 Years with Customer Appreciation Event
Public Bank Lao Ltd. celebrated its 30th anniversary with a grand lucky draw and customer appreciation dinner. The event highlighted the bank's 31-year presence in Laos and expressed gratitude to its customers, with a Nissan Terra awarded as the grand prize.