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

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...

Singapore

Govt to award up to $3.5b in ICT contracts, 80% open to SMEs this year (The Straits Times)

To accelerate the country’s digital transformation efforts and help these firms ride through the crisis, the Government will increase the total projected value of its ICT contracts for this financial year, which...

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...

Singapore

MAS, banks creating framework for AI use in assessing credit risk (The Straits Times)

The Monetary Authority of Singapore (MAS) is working with banks and technology firms to develop measures to judge customers fairly when artificial intelligence (AI) is used to assess their credit...

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,...

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...

Singapore

Digital consumers power up Singapore's big three banks (SBR)

DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average. Whilst digitisation has helped banks improve efficiency and lower...

Malaysia

Opportunities in times of crisis (The Star)

As governments across the globe rally to flatten the curve of the Covid-19 outbreak, businesses are forced to rethink and re-strategise the way they operate. In response, companies in Malaysia...

ASEAN

2020 will be the year of making smart cities sustainable (The Business Times)

5G is fast becoming a reality, with Asia Pacific leading the 5G race in terms of deployment and adoption. South Korea was the first in the world to launch commercial...

ASEAN & China

Technology to fight virus gets fast-tracked (The Star)

Drones that disinfect. Robots that talk. Artificial intelligence that can scan thousands of medical images in a flash. “When faced with a challenge like responding to the virus outbreak, there...

ASEAN

ASEAN Economy & Enterprise Digital Transformation Projects amidst COVID-19

To curb the COVID-19 outbreak, countries in ASEAN have implemented measures such as shutting down their borders, public places and enacting social distancing and quarantine procedures. Many enterprises have turned...

Indonesia

Microsoft Teams Up with Telkomsel to Develop IoT and AI in Indonesia (Kompas)

Microsoft and Telkomsel agreed to do a new partnership. In this partnership, the two companies strive to bring a number of the latest technology to remote areas in Indonesia. The two...

Indonesia

Microsoft wants to invest in Indonesia data centers, says Indonesian president (REUTERS)

Microsoft Corp is keen to invest in data centers in Indonesia which will soon make regulatory changes to facilitate the move, the country’s president said after meeting with the software...

Thailand

Armed with data and nowhere to go (Bangkok Post)

Companies across Thailand are beginning to build teams like this as harnessing big data becomes vital for corporations to stay competitive and avoid being completely overtaken by disruptive newcomers. The...

Vietnam

Vietnam Immersing Herself In The Industry 4.0 Flow

At the summit, Head of the Party Central Committee (PCC)'s Economic Commission Nguyen Van Binh introduced the Politburo’s Resolution No. 52-NQ/TW, with a number of guidelines and policies to ensure...

Global

The Two Big Reasons That Digital Transformations Fail (Harvard Business Review)

Plenty of cash is flowing into digital initiatives at large, industrial companies. In fact, the executives we surveyed recently at 1,350 of these businesses globally reported investments in digital reinvention totaling more...

Vietnam

Smart city to boost sustainable growth and prosperity (Vietnam Plus)

Smart city building is a crucial solution to boost economic growth and prosperity in Vietnam, while investing in ‘smart city’ projects is the best way for Vietnam to digitalise, an expert has said. This article...