The Indian government has requested that US technology colossus Apple must provide them with a detailed vision for its job creation plans in the country – and its long-term investment strategy for manufacturing iPhones in India – before it will even consider the prospect of granted Apple’s request for tax concessions.
US tech giants Google has announced it will lodge an objection in relation to tax amendments issued by the Australian Taxation Office – in which it alleges that the company owes billions in unpaid taxes. The Australian Taxation Office (ATO) has tightened its policy over with regards to the amount of tax multinational conglomerates that operate in the country pay.
A professor has urged government authorities in the Pacific Islands to embrace ICT in order to revolutionize and transform the services it provides for its residents by bringing the system into the digital era. Professor, Graham Hassall, believes an education process is required to highlight the potential of ICT and the subsequent benefits that this technology adoption via government services will have for the Islands.
Apple’s request for tax concessions in India has been formally rejected by its Finance Ministry. The request made by the US smartphone giant will now be referred to the council that oversees taxation on goods and services in India. Apple announced earlier this year that it would start manufacturing its iPhones in the country by the end of April. The decision was made to comply with the Prime Minister’s ‘Make it in India’ initiative - which requires smartphone manufacturers to produce 30% of their product’s components on India soil in order to open a retail location in the region.
Thailand’s government has threatened to shut down social media colossus Facebook in the country - after it refused demands from authorities to remove posts. Government officials issued a request to Facebook to remove around 131 posts off the popular networking platform claiming the posts were ‘illegal’.
A number of key business leaders across Asia have repeated calls for next-generation manufacturers to focus on ‘innovation’. In their respective speeches at the Global Manufacturing and Industrialization Summit in Abu Dhabi they all called for manufacturers to remove distribution barriers and improve the speed of delivery. In addition to this, the business leaders shared the same vision of empowering youth with high-tech skills which they feel is required in order to drive the ‘Fourth Industrial Revolution’ and is critical to sustaining economic growth in the region.
Thailand has announced its ambitious aim of introducing broadband access to every village in the country by 2018. The Thailand government has recognized the power of the digital economy in terms of creating innovation – which can significantly reduce the gap between rich and poor in the region. It has declared its long-term commitment to embracing technology and will attempt to bring connectivity to even the most remote parts of Thailand.
Mobile operators in India have been ordered by the Supreme Court to re-verify the IDs of the country’s 1.1 billion mobile subscribers. The court order is an exercise which has been projected to cost telcos in the region around $153m. Legal authorities have given the telecommunication companies in India a deadline of February 2018 - in order to complete the request.
The FCC (Federal Communications Commission) has disclosed that the agency is currently conducting a forensic and in-depth regulatory review - as it continues its attempts to remove regulations deemed outdated and that in fact only serve to create barriers for business. The comments were made by the head of the FCC, Ajit Pai, who also claimed the regulatory body was keen to adapt certain rules to the digital age in order to increase innovation.
A leading Japanese multinational IT services provider has setup a security operations center in California as part of its effort to combat against the rising number of cybersecurity attacks and hacking scandals currently blighting the IT sector. NEC Corporation announced that specialized security company Infosec Corporation which is owned by the NEC Group will open the center in Santa Clara, California. It is expected that the construction on this new project will start in April, 2017.