Asia Pacific

70% of businesses push past pandemic, maintain digital transformation spend (CIO Dive)

Despite the economic contraction, 70% of businesses plan to sustain or increase their 2020 investments in digital transformation, according to a survey of 3,000 global executives published by software company IFS....

Thailand

Thailand looks past pandemic to build US$9b airport city (The Business Times)

Thailand is looking past the pandemic and pushing ahead with a 290 billion baht (S$13.1 billion) "airport city" aimed at creating a destination for travel and manufacturing, according to the...

ASEAN

Customer Experience as the Centre of a Business’s Endeavour

Today businesses have realized that digital transformation strategies must begin with the customer experience. According to Asia IoT Business Platform's ASEAN Digital Enterprise Report, 41% of businesses identified improving customer experience or...

ASEAN

From seamless to touchless the metamorphosis of retail (The Business Times)

Customer experience has generally been associated with in-store experiences such as leveraging attractive displays to drive impulse purchases, personalising product recommendations through in-person interactions, and allowing trials before the customer makes a purchase....

ASEAN

Accelerating digital transformation amid pandemic (The Jakarta Post)

With the current rapidly changing situation, companies’ ways of doing business have been significantly altered. Business continuity, such as balancing the best for the company, protecting employees and providing the best...

ASEAN

5G not just hype, but offers real investable opportunities (The Business Times)

Each previous new generation of network has produced a big jump in speed. And we will certainly see this with 5G, which is estimated to be between 10 and 100...

ASEAN

ASEAN agree to limit tariff barriers to fuel economies (The Phnom Penh Post)

At the meeting, participants discussed building platforms to facilitate existing trade to promote and support supply chain connectivity in the region and leveraging technology and digital commerce to support and...

Vietnam

Grappling with digital evolution (Vietnam Investment Review)

The writer is the Head of Enterprise Engagement, ASEAN of Industry Platform, Lam Nguyen. Improvements in telecommunication infrastructure like 4G and 5G increased internet access and smartphone penetration, and growing income levels...

Indonesia

Facebook, PayPal join list of Gojek’s high-profile investors (The Jakarta Post)

The funds would be used to focus on increasing digital economic growth in Southeast Asia, especially payment and financial services inclusion for small and medium enterprises (SMEs), said the decacorn, which...

Vietnam

Programme on national digital transformation approved (Nhân Dân)

The Prime Minister on June 3 issued Decision No.749/QD-TTg approving the National Digital Transformation Programme by 2025, with orientations toward 2030. The programme aims to realise the orientations and policies of...

ASEAN

Cohesiveness will be vital for Asean’s post-pandemic economic recovery (The Business Times)

We will see increased digitisation and automation of everything. We will see significant shifts in supply chains as businesses look to diversify the sources of essential components away from single locations. We...

ASEAN

Post-Covid activity recovering in Vietnam, Thailand, Malaysia (The Business Times)

Economic activity has begun to recover in Vietnam, Malaysia, and Thailand as Covid-19 lockdowns are lifted, said Maybank Kim Eng economists in a May 27 report. They believe that some...

ASEAN

Stepping Up Cybersecurity During The Pandemic (The ASEAN Post)

While ASEAN is increasingly coordinating its efforts to reinforce regional cybersecurity, more needs to be done to address the constantly evolving threats. According to a recent World Economic Forum (WEF)...

ASEAN

Can Data Collaboration Help the Real Estate and Retail Industry Discover More Resilient Business Models?

With an ideal framework of how data collaboration could look like and how outperforming firms allocate investment spend, we dived into case studies from last year’s AIBP Enterprise Innovation Award...

ASEAN

Reviewing Returns of Digital Investments in ASEAN - Key Takeaways from AIBP Focus, 14 May 2020

In compliance with the lockdown and social distancing measures implemented across Southeast Asia, we had to put our regional travel and face to face meetings on hold. Amidst this downtime,...

Thailand

Thailand leads ASEAN in 5G rollout due to pandemic (Nikkei Asian Review)

Thailand's top two mobile operators Advanced Info Service and True Corp. are racing to deploy 5G networks at hospitals to lend support to doctors and medical personnel fighting the coronavirus. AIS on May 11 revealed...

ASEAN

How ASEAN Financial Institutions can Accelerate their Digitalisation Efforts - A Personal Reflection

The writer is the Senior Vice President, Systems, EMEA & JAPAC of Oracle, Chung Heng Han. Last week, I participated in a CxO Roundtable hosted by Asia IoT Business Platform,...

Indonesia

Indonesia must tread carefully in considering new digital tax (The Jakarta Post)

Like many countries in the Asia Pacific, Indonesia is involved in negotiations at the Organization for Economic Cooperation and Development (OECD) to achieve international consensus on tax challenges arising from...

Malaysia

5G Deployments Marginally Affected By Lockdowns: GSMA (Digital News Asia)

The GSM Association (GSMA) does not believe the ongoing global Covid-19 pandemic will adversely affect worldwide 5G rollouts but concedes that near- to mid-term deployment schedules may be delayed, and...

Southeast Asia

StanChart expands self-service request through digital banking channels (The Edge Markets)

Standard Chartered said clients in Malaysia, Singapore and India can now make most of all available service requests via online banking and the Standard Chartered Mobile app (SC Mobile). “This...