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...

Southeast Asia

Southeast Asia's mobile payments face shakeout as market booms (Today Online)

Southeast Asia has at least 150 e-wallet license holders, and firms including Grab, Go-Jek, Tencent Holdings, Ant Financial, Singapore Telecom, AirAsia and dozens of fintech firms are fighting for dominance. In...

Philippines

IoT Strategies and Implementations to Speed Up Digital Transformation in the Philippines – Day 1 of Asia IoT Business Platform Philippines 2019

The 30th Edition of Asia IoT Business Platform, co-organised by the Department of Information and Communications Technology (DICT), started off with DICT Undersecretary Eliseo Mijares Rio who delivered the Government...

Vietnam

Vietnam developer and Sumitomo join to build $4BN smart city (Nikkei Asian Review)

Leading Vietnamese developer BRG Group and Japanese trading house Sumitomo Corp. will spend 450 billion yen ($4.21 billion) to develop a smart city on the outskirts of Hanoi. The project, slated to be...

Vietnam

Vietnam, Indonesia lead ASEAN in internet economy growth (Vietnam Plus)

Vietnam's digital economy has topped 12 billion USD this year and is expected to surge to 43 billion USD by 2025, with e-commerce, online tourism, online communications and media, and...

Southeast Asia

Southeast Asia’s internet economy booming (The ASEAN Post)

Southeast Asia’s internet economy has reached US$100 billion for the first time and is expected to triple by 2025. Southeast Asia currently has 360 million internet users, an increase of 100...

Southeast Asia

SE Asia’s digital economy may treble to US$300b by 2025, S’pore ‘punching above weight’: Report (Today Online)

With the rise of e-commerce, ride hailing and online gaming in South-east Asia, the region’s Internet economy could swell to US$300 billion (about S$415 billion) by 2025, three times its...

Vietnam

Việt Nam ready to embrace Industry 4.0 (Việt Nam News)

Việt Nam is taking strong actions from the central to the grassroots level to speed up the application of Industry 4.0 technology, making changes in fields of production, business, cultural...

Vietnam

Card payments in Vietnam set to hit 522.5m by 2023 (The Business Times)

Card payments in Vietnam are set to grow at a compound annual growth rate (CAGR) of 17.8 per cent to hit 522.5 million transactions by 2023, GlobalData said in a...

Myanmar

Smart City in Myanmar: Opportunities and Challenges

Being the final frontier, Myanmar's government has a unique opportunity to learn from regional and international digital government experiences to leapfrog and develop a model that suits the Myanmar local...