Asia

Celebrating Africa’s Digital Potential on UN Youth Day

Many things have been said about the future Africa and its potential, it has been called the Opportunity Continent, the Next Frontier and Africa rising, with all of these true. For me the excitement comes in how Africa can, and will one day lead in the digital economy, not only creating a better future for its young people, but for people across the entire continents, whether here in Africa or elsewhere like in Europe or the US.

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Huawei optimistic about its sustainable development

Huawein logo over building in China, Shenzhen.

Despite obstacles and challenges the tech giant Huawei is facing, the company's chairman Liang Hua is optimistic about its sustainable development. "Huawei will definitely survive and it will get better and better", Liang said at Huawei headquarters in Shenzhen. On July 12th, Huawei released a report on sustainable development, emphasizing the company's hard work to broaden its technology to customers around the globe. "Huawei's sustainable development is critical to ensuring the technological development of the global network and IT industry, as well as the stability of the network", Liang added. The tech giant operates in more than 170 countries and regions, serving over 3 billion people worldwide.

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Azerbaijan to present report on SDG at the UN conference in New York

City of Baku, Azerbaijan

Azerbaijan will report its achievements of the Sustainable Development Goals at the UN conference in New York on July 15. This will be the second voluntary report submitted by Azerbaijan´s Deputy Prime Minister, Deputy Chairman - Executive Secretary of the ruling New Azerbaijan Pary, Ali Ahmadov as he leaves for a working visit to the US. The country presented its 1st voluntary report to the UN in July 2017.

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India proposes tax benefits for electric vehicles to promote sales

India proposed tax waivers on Friday on the purchase of electric vehicles and removed import taxes on some auto components to help boost sales and reduce its dependence on fossil fuels.

India, the world's third-biggest emitter of greenhouse gases, is home to 14 of the world's most polluted cities, including the capital New Delhi, with its toxic air claiming more than one million lives in 2017.

Finance Minister Nirmala Sitharaman, presenting the federal budget to parliament, said buyers of electric vehicles will receive an income tax deduction of 150,000 rupees ($2,189.30) on interest paid on loans taken out to them.

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