Southeast Asia

Bringing digital financial services to S-E Asia (The Business Times)

With a population of 570 million and a booming GDP expected to reach US$4.7 trillion by 2025, the six largest markets in South-east Asia - Indonesia, Malaysia, the Philippines, Singapore,...

Thailand

Digital drive gains momentum (Bangkok Post)

Businesses are at risk of losing out if they fail to undergo digital transformation or employ technologies to help boost their effectiveness. Many businesses, particularly major players in the industry, have...

ASEAN

Top 3 Connectivity Trends within ASEAN in 2020

As per individual consumption of technology, people are increasingly demanding cheaper, faster and more convenient usage of products/services delivered by businesses. In fulfilling these needs to customers and stakeholders, connectivity...

ASEAN

How Smart Energy Management Systems Can Drive Transformation in ASEAN Countries

The Building Energy Management System (BEMS) market is growing rapidly in the Asia-Pacific region, and companies like NTELS are focusing on capturing this growth in ASEAN. Enterprise end-users such as TCC Assets (a developer in...

Singapore

Grab and Singtel have jointly applied for a digital bank licence in Singapore (Business Insider)

Grab and Singtel have joined hands in an effort to take on Singapore’s rapidly evolving fintech industry. The companies said in a joint press release on Monday (Dec 30) that...

Malaysia

Malaysia to issue up to 5 digital bank licences next year (CNA)

Malaysia's central bank plans to issue up to five licences to new online banks offering either conventional or Islamic banking under a proposed licensing framework set to be finalised next...

ASEAN

'China + 1' hedge will keep Asean in spotlight (The Business Times)

In a report sent in late November, Maybank Kim Eng senior economist Chua Hak Bin said that a US-China partial trade deal will not halt the supply chain from shifting...

Myanmar

Digitalisation Developments and Progress in Myanmar – Key Insights from Day 1 of Asia IoT Business Platform Myanmar 2019

In the Government Keynote Address by the Ministry of Transport and Communications (MOTC), U Myo Swe, Director General of Posts and Telecom Department shared that Myanmar is trying to bridge the...

Malaysia

Designing and IoT Roadmap Architecture - Key Takeaways from day 2 of Asia IoT Business Platform Malaysia 2019

Day 2 addressed the essential questions in helping our audience - SMEs and large corporations included - to design their very own IoT roadmap. Over the day, multiple case studies from...

Malaysia

IoT as Business Enabler - Key Takeaways from day 1 of Asia IoT Business Platform Malaysia 2019

The 29th edition of Asia IoT Business Platform at Hotel Istana Kuala Lumpur, Malaysia, welcomed over 400 delegates from government agencies and private enterprises on the first day.

Indonesia

Indonesia among top e-money drivers in Southeast Asia: S&P report (The Jakarta Post)

Indonesia is among the top drivers of e-money growth in Southeast Asia alongside neighboring Malaysia, Singapore, the Philippines and Thailand, according to an inaugural report commissioned by Standard and Poor’s...

ASEAN

Crucial for EU, German firms to entrench presence in region: Chan (The Straits Times)

The significant benefits German firms and their European Union colleagues have reaped from using Singapore as their regional base underscore the need for them to build on these foundations, said...

Vietnam

Towards a Strengthened Digital Economy of Vietnam – Key Takeaways from Day 1 of Asia IoT Business Platform Vietnam 2019

Day 1 of the 33rd Edition of Asia IoT Business Platform Vietnam 2019 presented us with insights from both governments and industry leaders among enterprises on their digital transformation plans and initiatives....

Vietnam

Vietnam’s IT Sector: 5 Industries to Watch (Vietnam Briefing)

As Vietnam moves from low-tech manufacturing to a service-oriented economy, the country’s information technology (IT) market is increasingly gaining traction, giving competition to IT firms in China and India. This...

ASEAN

Growth in ASEAN: Opportunities for Enterprises and Technology Solution Providers

An increasing number of enterprises have implemented IoT solutions for their businesses – a more than 60% increase of respondents compared to 2017. However, on this enlarged base, a lower...

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...

Myanmar

Viber eyes more growth in Myanmar (Myanmar Times)

Rakuten Viber wants to expand its services in Myanmar beyond calling and instant messaging to incorporate payments, transfers and e-commerce, its chief executive, Djamel Agaoua, told the Myanmar Times during...

Myanmar

After the gold rush, fierce competition in Myanmar's telecoms sector (Frontier Myanmar)

Five years after the government liberalised Myanmar’s telecom sector, there is now fierce competition between four operators. That’s great for consumers, who enjoy the lowest data rates in Southeast Asia –...

Malaysia

Budget 2020: Accelerating Transition To A Digital Economy (Digital News Asia)

Malaysia government and its key institutions recognize that digital adoption is, at its heart, about economic development. Bank Negara’s Annual Report 2017 states that digital transformation could provide a boost...