Malaysia

Malaysia to see first neobank by 2020 (Malay Mail)

Financial technology (fintech) industry players are optimistic that Malaysia will be able to kick off its virtual banking revolution and set up its first neo or virtual bank in the...

Malaysia

RHB Introduces Digital Tokens to SMEs, Corporates (The Star)

RHB Bank Bhd is the first bank in the country to roll out “digital tokens” to small and medium enterprises (SMEs) and corporates. The bank said the RHB Reflex Secure...

Malaysia

Revised National Automotive Policy to be unveiled in Q2, says deputy minister (Malay Mail)

The government is expected to unveil the revised National Automotive Policy (NAP) in the second quarter of 2019, which will include various measures to enhance the competitiveness of the industry through future technological...

Market Trends & Outlook

Challenges for CFOs in Digital World (ETCFO)

Over the next year, technology would increase its presence in key strategic functions. Areas such as financial planning and analysis will see a 30% rise in use of technology, finance...

Thailand

Thailand’s depa signs deal with 6 Singaporean IoT innovators (FutureIoT)

Thailand’s Digital Economy Promotion Agency (depa) has signed agreements with six regional Internet of Things (IoT) innovators for the exchange of know-how and technology. The agreements are expected to boost the agency’s Digital...

Malaysia

Honeywell reaffirms strong commitment to Malaysia via Asean hub (New Straits Times)

Malaysia’s Industry 4.0 agenda has provided Honeywell with the welcome opportunity to partner with government entities, local SMEs, suppliers and other key stakeholders to help address the region’s growing demands...

Malaysia

Malaysia Set To Be Amongst The First In Asia To Showcase 5G (Digital News Asia)

Twenty years after the Communications and Multimedia Act (CMA) 1998 came into force, Malaysia is set to showcase the fifth generation mobile technology (5G) that is expected to exponentially change...

Malaysia

Malaysian Companies Needs To Build On AI Culture Before It Is Too Late - Microsoft (Stuff)

Microsoft, in partnership with IDC Asia/Pacific, recently conducted a study that surveyed 100 business leaders and 100 workers in Malaysia pertaining to the adoption of artificial intelligence (AI) in Malaysian businesses and...

Market Trends & Outlook

Half Of Senior Leaders Rate Their Business Transformations A Waste Of Time (Forbes)

More than 1,000 C-suite executives and a similar number of business analysts found that nearly half of senior leaders believed their business transformations had been a waste of time.  This...

Indonesia

PLN pushes for digital meters (The Jakarta Post)

State-owned electricity company PLN is in the process of switching from the current manual electricity meters to digital ones, using a technology called advanced metering infrastructure (AMI), expecting that the...

Vietnam

Vietnam pushes forward with 5G network deployment (Vietnam Net)

The fifth generation (5G) of mobile communications is forecast to be a pillar of the digital economy and Vietnam has been busy making preparations to become one of the first...

Malaysia

Malaysia sees rising need to prioritise digital skills (Malay Mail)

The expansion of Malaysia’s digital ecosystem will see the implementation of new technologies such as artificial intelligence and big data, while spending on IT products and services is projected to...

Philippines

Philippines: The Dark Horse No More?

Digital initiatives has been identified as one of the key areas that would bolster Philippine's growth and the government has committed to 5 – 7% spending on infrastructure. Department of...

Indonesia

Jokowi to inaugurate MRT Jakarta on Sunday (The Jakarta Post)

President Joko "Jokowi" Widodo is scheduled to inaugurate the country's first MRT on Sunday, an official from city-owned transportation company PT MRT Jakarta has said. Phase 1 of the MRT Jakarta...

Indonesia

Indosat Ooredoo launches a digital economy laboratory at ITB (Kontan)

Preparing young people to meet the 4.0 industrial revolution, PT Indosat Tbk or Indosat Ooredoo officially introduced the Future Digital Economy Lab. Through the Indosat Ooredoo Business line, it strives to...

Thailand

Thailand's investment agency nods to Bt2.28 tn investment (Eleven Myanmar)

The Board of Investment (BOI) has approved investment proposals by both Thai and foreign firms of about Bt2.28 trillion for four years, with 54 per cent of them targeting the...

Malaysia

Malaysia’s digital export can grow to RM222 billion by 2030 (Borneo Post)

Malaysia’s digital exports can increase to RM222 billion to the economy by 2030 from the current RM31 billion in the absence of digital trade barriers. The country has been very active...

ASEAN

CFOs are becoming driver of Digital Transformation (Tech Observer)

When it comes to digital transformation of an organisation, most of us think that it is the CIO or CTO that lead the digital transformation journey but that is not always the...

Vietnam

National E-document Exchange Platform to be introduced this week (Vietnam Net)

Last July, Prime Minister Nguyen Xuan Phuc signed Decision No. 28/2018/QD-TTg prescribing the sending and receipt of e-documents among agencies in the State administrative system. Under the Decision, the National...

Thailand

Strong career prospects for digital talent: report (The Nation)

“Thailand 4.0 will continue to have a positive impact on the country and [its] employment landscape,” summed up Kristoffer Paludan, regional director at Michael Page Thailand. “We foresee a specific...