APEC embraces Big Data trade initiatives to support SMEs

~TAIPEI – The APEC Committee on Trade and Investment has supported a Taiwan initiative to advance the use of Big Data applications to improve co-operation and information-sharing in international trade.

Taiwan says SMEs in particular can benefit from big data technologies, allowing them to identify new trade and economic development opportunities.

Taiwan, which committed US$150,000 to its Big Data Applications in Trade initiative, has gained co-sponsorships from Australia, South Korea, the Philippines and Thailand for a seminar in Taiwan on October 6-7 where trade specialists and representatives of trade promotion organisations through the Asia-Pacific will share experiences and perspectives on big data applications.  www.taiwantoday.tw (ATI).