Asia Pacific

Manufacturers need to rebuild digital supply chain visibility after Covid-19, say WMG and Blue Yonder (Robotics & Automation)

Almost 250 manufacturing companies revealing that lack of visibility and workforce issues are creating the biggest supply chain bottlenecks. “Manufacturers have been investing more in the move to digital supply chains...

Singapore

Huawei opens $53 million regional centre in Singapore (The Straits Times)

Chinese tech giant Huawei yesterday launched a US$40 million (S$52.8 million) regional centre here that lets developers test apps and services for its mobile devices, its first in the Asia-Pacific. The...

ASEAN

[REPORT] Manufacturing in ASEAN: Focus Sectors & Government Policies Driving Digital IR 4.0 Projects

ASEAN Governments have acknowledged the fundamental shift that is taking place in the technological landscape and have been rolling out various schemes and policies to encourage enterprises in their countries...

Southeast Asia

How cloud banking can enhance financial inclusion across South-east Asia (The Business Times)

Technology innovations transforming the financial services landscape in Southeast Asia include new forms of online payment, such as eWallets, which have experienced phenomenal growth in the region, and other new...

ASEAN

Enterprise Technology in ASEAN: 73% Expect Investments in Digital Technologies to increase in 2021

We released the full results of our 2020 AIBP ASEAN Enterprise Digital Transformation Survey on 26th December 2020, where 664 enterprise stakeholders from Indonesia, Malaysia, Philippines, Thailand and Vietnam gave...

Asia Pacific

South-east Asia still the top choice for business expansion: SBF poll (The Business Times)

Southeast Asia remains the top choice for future expansion, according to the Singapore Business Federation's (SBF) annual National Business Survey 20/21 released on Tuesday, with 76 per cent of 436...

Southeast Asia

Grab Financial Group Raises $300 Million For Expanded Finance Solutions (PYMNTS)

Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. Consumers seemed to respond positively to products like its retail wealth management...

ASEAN

Paradigm Shift in Banking and Financial Services: Takeaways from AIBP Focus

As a way to kick off 2021, we had the opportunity to host an AIBP Focus session with esteemed panelists from the Banking, Financial Services & Insurance (BFSI) sector across...

Southeast Asia

Digital challenger banks offer promise of inclusion (Business Times)

The number of digital challenger banks worldwide has grown significantly over the last decade, to a cumulative total of over 200, attracting about US$15 billion in funding. This growth has...

Singapore

Singapore ushers ASEAN into new digital banking era (Nikkei Asia)

"Both Sea and Grab-Singtel have significant existing customer bases, so for the two new digital full banks, the most important priority will be to launch products and services that differentiate...

Southeast Asia

SE Asia digital payments hit $620b during pandemic: Google-Temasek report (Deal Street Asia)

Digital payments in Southeast Asia hit $620 billion so far this year, from $600 billion last year, as the region registered 40 million first-time online users during the coronavirus pandemic...

Vietnam

All customers want is an answer; are businesses ready to respond? (The Business Times)

The power of customer service tools is clear, but there is a gap in the market. Businesses aren’t offering self-service solutions — which not only adds pressure to internal teams but...

Vietnam

Vietnam leads Asia-Pacific in pace of digital progress (The Business Times)

Digital transformation efforts in Vietnam have yielded the biggest improvement among regional economies, according to an industry study of 11 Asia-Pacific markets. Vietnam saw the highest increase in scores between...

Philippines

AIBP Insights Philippines: A Regional Telco Discussion on Enterprise 5G Applications

It does seem that the telcos in the region are fairly optimistic with the rollout of 5G infrastructure, but the point raised by Mr. Tan, General Director of Viettel is...

Malaysia

Shopee, Visa strike five-year regional partnership, target MSMEs (The Business Times)

As part of the partnership, Shopee and Visa will incentivise MSMEs to digitalise their business on Shopee and adopt digital payments through Visa. They will also provide MSMEs with marketing...

Southeast Asia

Delivering Value in the Real Estate Sector: Digital Services through Data Insights

In South East Asia, large real estate companies which are involved in multiple stages of the real estate value chain (Design, Build, Sell and Operate) have the potential to create...

ASEAN

Supply chain shake-up (Bangkok Post)

The digital transformation of supply chains is accelerating. According to a joint report by the law firm Baker McKenzie and SRA, as workplace technology has made great strides due to...

ASEAN

ASEAN Retailers Adapting to Changing Consumer Behavior - Takeaways from AIBP Focus, 15 Sept 2020

The different panelists highlighted how engagement has shifted digitally. Demand sensing now comes from both online and offline channels. For Sandeep who leads the business analytics of NTUC Enterprise, the...

ASEAN

More capital flows into Asean amid pandemic and US-China tensions (The Business Times)

The Asean region is set to see more capital inflows as companies look to diversify their investments and supply chains amid US-China tensions in a post-pandemic world. On the whole, Asean...

ASEAN

Digitalisation of the Retail Space: Takeaways from AIBP Focus, 15 Sept 2020

In February, JD.com’s autonomous delivery robot successfully made its first delivery of COVID-19 aid to Wuhan, China - one of the many examples of response changes required for in-store experiences....