Southeast Asia

Citi launches credit cards with Southeast Asia’s Grab in push for more customers (CNBC)

Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital...

Southeast Asia

SGTech Leads Eight Companies to the 29th edition of Asia IoT Business Platform (SGTech)

From 23-24 April 2019, SGTech led eight Singaporean companies to participate in the Singapore Pavilion at the 29th edition of Asia IoT Business Platform held in Kuala Lumpur. 2019 is the...

Indonesia

Telkomsel invests US$40 million in startups (The Jakarta Post)

Telkomsel, a cellular operator subsidiary of state-owned communications company PT Telkom Indonesia, announced on Monday a US$40 million investment to develop the digital economy ecosystem. This article originally appeared on...

ASEAN

Arrow and IBM take smart IoT to airports (Channel Asia)

Arrow Electronics has launched a Smart Airport Asset Management Solution, an Internet of Things (IoT) solution co-created with IBM. The offering is designed to provide airport operators with improved operational...

Thailand

Thailand handicapped by poor connectivity (The ASEAN Post)

According to We Are Social’s Global Digital Report 2019, 74 percent of Thailand’s population uses mobile devices to access their banking services. This puts the country at the top of...

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...

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...

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...

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...

ASEAN

Digital Transformation Is Not About Technology (Harvard Business Review)

A recent survey of  directors, CEOs, and senior executives found that digital transformation (DT) risk is their #1 concern in 2019. Yet 70% of all DT initiatives do not reach their goals. Of...

Southeast Asia

Huawei remains confident to drive digital economy in SE Asia (Eleven Media Group)

Despite the challenges it has been facing since last year, Chinese giant Huawei Technologies Co fully believes in their capability to lead the development of the fifth generation of wireless...

Malaysia

Digital Economy: Malaysia’s Transformation in Retail and e-Commerce

In recent years, the Association of Southeast Asian Nations (ASEAN) have been experiencing accelerated economic growth in recent years, and is expected to be the fourth largest economy in the...

ASEAN

Summary of Discussions from Asia IoT Business Platform 2019, Singapore

Asia IoT Business Platform hosted 2019 launchpad regional event in Singapore on 15 January 2019, gathering government representatives and key enterprises from Southeast Asia. The gathering was kick-started by the keynote...

ASEAN

DIS to be critical for national digital economic transformation (Telecom Asia)

New services such as mobile payments and eCommerce have the potential to transform the payments and retail industry, reducing (eventually removing) cash and re-purposing the traditional retail space. This article...

Malaysia

Grab launches regional centre — targets to create 400 jobs (The Malaysian Reserve)

Grab has launched its new Regional Centre of Excellence where it will house its core business strategies and operational functions, with an aim to create 400 jobs within the year. The new...

Southeast Asia

Powering Smart City Developments in South East Asia

Southeast Asia is expected to become the world’s 4th largest economy by 2030 with projected growth rates of 5.2% between 2018 and 2022. As urbanisation and industrialisation in ASEAN increases,...

Malaysia

Malaysia to roll out Tesla-like battery for electric vehicles by 2020 (Pulse)

Malaysia will become the first country in Asean to produce lithium ion battery in the next 18 months. The country`s battery production plan would instill foreign automotive industry investors` confidence,...

Asia Pacific

Southeast Asia 'smart cities' redesign roads and grids with Japan (Nikkei Asian Review)

Japan will help build "smart cities" across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation. This article originally appeared on Nikkei Asian...

ASEAN

Indonesia to study China’s offer on 5G technology development (The Jakarta Post)

Indonesia will study China’s offer to develop 5G technology in the archipelago, particularly the business model and ecosystem required in such an upgrade. "China is offering [to develop] 5G technology, but...