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Weekly Lists
November 30, 2018 www.intellinews.com I Page 28
bne:TMT
Chinese WeChat Pay comes to Russia, Russian Mir goes global
WeChat Pay, the payment system of the popular Chinese instant messenger, is making its debut in Russia. In late October, Russian Standard announced plans to be the first Russian bank to support such payments, with the Novotel Moscow Center hotel as the first participant in the programme, East-West Digital News (EWDN) reported.
“In the near future, other Russian Standard partners will also be connected, primarily those willing to attract Chinese tourists or having already become China-friendly,” the bank stated.
Going further, Yandex.Checkout, the B2B branch of Yandex.Money, announced in late November that it has made the Chinese payment method available to its 90,000 strong merchant base. Thus,
WeChat Pay can be used as an additional payment option by stores interested in selling goods and services to Chinese tourists.
The near-monopolist of Kazakhstan’s telecoms market Kazakhtele- com has requested frequencies from the Information and Communi- cations Ministry to prepare for the launch of 5G cellular communica- tion technology, Trend news agency reported on November 27, citing company managing director for innovations Nurlan Meirmanov.
Meirmanov noted that the new technology would allow the connec- tion of up to 50,000 different devices to one source as well as boost- ing speed and data transmission distance.
The announcement is in line with the Kazakh government’s plans to float the company on international markets.
A Slovenian court gave a three-month suspended jail sentence to the leader of the Slovenian Democratic Party (SDP), Janez Jansa, on November 23 for insulting two journalists, STA news agency reported.
The SDS won the general elections in June and is the largest party in the Slovenian parliament. However, it remained in opposition as Jansa failed to form a government.
As well as the suspended sentence, Jansa must also must pay the costs of the legal proceedings stemming from the incident back
in 2016 in which he called the journalists prostitutes, the court in Celje ruled. Jansa claimed that he did not use the offensive word with a sexual meaning, but was referring to the journalists’ work.
Kazakhtelecom to develop 5G technology
Top Slovenian opposition political given suspended sentence for calling journalists “prostitutes”