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

[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...

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

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....

ASEAN

The Increasing Customer Expectation and the Impact on Enterprise Digital Priorities

For consumers now, digital experience goes beyond enabling a seamless purchase. Lazada launched LazLive to enable a more interactive experience for the in-app purchases in order to drive higher transaction...

Thailand

IDC predicts B15bn value for Thai cloud market (Bangkok Post)

Thailand's technology infrastructure has developed significantly in recent years, giving businesses the opportunity to fully reap the economic benefits of innovations like cloud computing. The cloud computing market in Thailand...

Malaysia

Govt to announce IR4, national digital roadmap (New Straits Times)

Malaysia will soon announce the Industry 4.0 plan and national digital roadmap, including digital infrastructure and data policy, Communications and Multimedia Minister Datuk Saifuddin Abdullah said. Saifuddin said the role of...

ASEAN

Pan-ASEAN Covid-19 recovery plan needed to thrust bloc into Internet 4.0 (The Phnom Penh Post)

Manufacturers such as Vietnam’s Garment 10 introduced modern technology and solutions into their manufacturing production, internet marketing and sales. Garment 10 had utilised the data collected about customers, leveraged on...

ASEAN

Omnichannel Retail: Opportunities Presented by Data Analytics

In the 2019 AIBP ASEAN Enterprise survey, “Data analytics and business intelligence software” (30%) was ranked the second most beneficial digital tool by respondents in the retail sector, behind having a...

Vietnam

Vietnam Taking Steps to Accelerate Digital Transformation

Minister of Information and Communications Nguyen Manh Hung asserted that the COVID 19 pandemic is a once-in-a-century opportunity to accelerate digital transformation on a national level. He further stressed that...

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...