Malaysia

Malaysia to see first neobank by 2020 (Malay Mail)

Financial technology (fintech) industry players are optimistic that Malaysia will be able to kick off its virtual banking revolution and set up its first neo or virtual bank in the...

Malaysia

Revised National Automotive Policy to be unveiled in Q2, says deputy minister (Malay Mail)

The government is expected to unveil the revised National Automotive Policy (NAP) in the second quarter of 2019, which will include various measures to enhance the competitiveness of the industry through future technological...

Market Trends & Outlook

Challenges for CFOs in Digital World (ETCFO)

Over the next year, technology would increase its presence in key strategic functions. Areas such as financial planning and analysis will see a 30% rise in use of technology, finance...

Malaysia

Malaysia Set To Be Amongst The First In Asia To Showcase 5G (Digital News Asia)

Twenty years after the Communications and Multimedia Act (CMA) 1998 came into force, Malaysia is set to showcase the fifth generation mobile technology (5G) that is expected to exponentially change...

Malaysia

Malaysian Companies Needs To Build On AI Culture Before It Is Too Late - Microsoft (Stuff)

Microsoft, in partnership with IDC Asia/Pacific, recently conducted a study that surveyed 100 business leaders and 100 workers in Malaysia pertaining to the adoption of artificial intelligence (AI) in Malaysian businesses and...

Market Trends & Outlook

Half Of Senior Leaders Rate Their Business Transformations A Waste Of Time (Forbes)

More than 1,000 C-suite executives and a similar number of business analysts found that nearly half of senior leaders believed their business transformations had been a waste of time.  This...

Malaysia

Malaysia sees rising need to prioritise digital skills (Malay Mail)

The expansion of Malaysia’s digital ecosystem will see the implementation of new technologies such as artificial intelligence and big data, while spending on IT products and services is projected to...

Philippines

Philippines: The Dark Horse No More?

Digital initiatives has been identified as one of the key areas that would bolster Philippine's growth and the government has committed to 5 – 7% spending on infrastructure. Department of...

Indonesia

Indosat Ooredoo launches a digital economy laboratory at ITB (Kontan)

Preparing young people to meet the 4.0 industrial revolution, PT Indosat Tbk or Indosat Ooredoo officially introduced the Future Digital Economy Lab. Through the Indosat Ooredoo Business line, it strives to...

Malaysia

Malaysia’s digital export can grow to RM222 billion by 2030 (Borneo Post)

Malaysia’s digital exports can increase to RM222 billion to the economy by 2030 from the current RM31 billion in the absence of digital trade barriers. The country has been very active...

ASEAN

CFOs are becoming driver of Digital Transformation (Tech Observer)

When it comes to digital transformation of an organisation, most of us think that it is the CIO or CTO that lead the digital transformation journey but that is not always the...

Thailand

Strong career prospects for digital talent: report (The Nation)

“Thailand 4.0 will continue to have a positive impact on the country and [its] employment landscape,” summed up Kristoffer Paludan, regional director at Michael Page Thailand. “We foresee a specific...

ASEAN

Digital Transformation Is Not About Technology (Harvard Business Review)

A recent survey of  directors, CEOs, and senior executives found that digital transformation (DT) risk is their #1 concern in 2019. Yet 70% of all DT initiatives do not reach their goals. Of...

Malaysia

Intelligent Transport for Malaysia's Smart City Vision

Since the introduction of Smart Cities Initiatives as part of the 11th Malaysia Plan (2016-2020), Malaysia has started deploying an intelligent IoT network in cities like KL, Iskandar, Selangor and Putrajaya. These...

Malaysia

5 Key Opportunities for Digitalization in Malaysia

Malaysia is expected to fulfil its targeted GDP growth rate of 5.1% projected under the 11th Malaysian Plan (2016 - 2020). Digital Transformation and adoption of Internet of Things (IoT)...

Malaysia

Mobility: A key aspect in Malaysia’s Smart City Plans

Malaysia is the 3rd largest economy in Southeast Asia. GDP growth has been strong, with 2018 growth rate forecasted to come in at 5.4%. According to the Nielsen Global Survey...

Thailand

Thailand tops global digital rankings (Bangkok Post)

Thailand ranked No.1 for mobile banking users, second for ownership of cryptocurrency, and third in mobile commerce, according to the Global Digital Report 2019. There are 92 million mobile subscribers, 133%...

Malaysia

Digital Economy: Malaysia’s Transformation in Retail and e-Commerce

In recent years, the Association of Southeast Asian Nations (ASEAN) have been experiencing accelerated economic growth in recent years, and is expected to be the fourth largest economy in the...

ASEAN

Summary of Discussions from Asia IoT Business Platform 2019, Singapore

Asia IoT Business Platform hosted 2019 launchpad regional event in Singapore on 15 January 2019, gathering government representatives and key enterprises from Southeast Asia. The gathering was kick-started by the keynote...

ASEAN

DIS to be critical for national digital economic transformation (Telecom Asia)

New services such as mobile payments and eCommerce have the potential to transform the payments and retail industry, reducing (eventually removing) cash and re-purposing the traditional retail space. This article...