Southeast Asia

Stronger-than-expected PE fundraising for SE Asia in 2020 shows region's potential (DealStreetAsia)

"Southeast Asia's sizeable millennial and rapidly urbanizing population is shaping the speed of growth and technology innovation. As such, key areas that we are focused on include financial services, education,...

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...

Vietnam

Vietnam promotes digital transformation (Vietnam Plus)

The National Assembly has requested the Government to issue a plan to ensure cyber information security for 2021-2025. The Government is also required to strictly manage foreign digital platforms, promote the...

Malaysia

Restructured to meet digital economy challenges (The Star)

Recognising that digital transformation and adoption was crucial to capitalise on new opportunities, MDEC said in a statement that it was confident the new leadership structure would enable mass outreach...

Malaysia

RCEP to pave the way for economic recovery (The Star)

“Under the ACRF, Accelerating Inclusive Digital Transformation focuses on speeding up digital transformation in the region by leveraging on the momentum and imperative of digital transformation and seizing the enormous...

ASEAN

The Future Of Consumption In ASEAN (The ASEAN Post)

Over the next 10 years, ASEAN will see an additional 140 million consumers, representing 16 percent of the world’s new consumers, according to the World Economic Forum (WEF) in a...

Philippines

World Bank commits continued support for Philippines digital transformation (PhilStar Global)

The Philippines Digital Economy Report 2020, crafted by the bank with the National Economic and Development Authority (NEDA), provides an overview of the Philippine digital economy, as well as challenges...

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

Overcome Technical Debt in the Quest for Innovation (Rimini Street)

The writer is the Regional General Manager, Southeast Asia and Greater China of Rimini Street, Andrew Seow. Executive leaders today recognise that positive customer experiences can make or break a business 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...

Indonesia

ASEAN ministers to strengthen regional supply chains, trade digitalisation (The Jakarta Post)

The ministers have also finalized an ASEAN Digital Integration Index, which maps the readiness for an integrated digital economy among ASEAN members. Indonesia has recorded a 5.32 percent year-on-year economic contraction...

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....

Indonesia

Seven companies to relocate facilities to Indonesia, invest $850m (The Jakarta Post)

President Joko “Jokowi” Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly from China, an encouraging signal for the country’s investment...

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...

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...

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...

ASEAN

#TECH: Covid-19 drives digital transformation for Asean enterprises (New Straits Times)

Its senior analyst Alfie Amir said a large majority of Asean enterprises still rely on traditional information communication technology (ICT) such as captive data centre and traditional network services, making...