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,...

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...

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

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...

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, 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...

ASEAN

Thailand, Vietnam and Philippines named as likely 5G laggards (Nikkei Asian Review)

Management consulting firm A.T. Kearney published a report in late September that projected that 5G penetration will reach at most 40% within almost all of the 10 countries of the...

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...

Asia Pacific

Challenges loom for Asia’s digital landscape (Inquirer)

Last week, the United Nations Conference on Trade and Development (UNCTAD) released its first ever annual Digital Economy Report (2019). “Indonesia, Vietnam and the Philippines have the scale, with populations over...

Vietnam

Digital economy for an inclusive ASEAN Community (Việt Nam News)

Ride-hailing firm Grab unveiled an ambitious plan to invest US$500 million in Việt Nam over the next five years, just a month after it announced an investment of $2 billion...

Taiwan

Taiwan has the potential to inspire ICT development in the country (Manila Bulletin)

With the rise of AI and IoT, Taiwan is shifting from an economy based on high-tech manufacturing, to an economy driven by intellectual property and innovation. Taiwan’s high-tech competitiveness includes...

Taiwan, Philippines

IoT in Focus: Taiwan Excellence Showcases Select IoT Solutions at 30th Asia IoT Business Platform (Manila Bulletin)

Showcasing Taiwan’s expertise in IoT and other related fields, Taiwan Excellence is taking part as one of the key exhibitors at the 30th edition of the Asia IoT Business Platform in...

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...

Thailand

CAT tasked with expanding internet infrastructure (The Nation)

The Digital Economy and Society (DE) Ministry has disbursed Bt5 billion for the upgrade and development of Thailand’s internet infrastructure towards helping the country achieve its goal of becoming the...

Philippines

Phillipine bank’s remittance service targets the unbanked (The Phnom Penh Post)

Phillipine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, has rolled out a new service that allows its depositors to remit cash using its mobile app even...

Philippines

Common tower plan taking shape — DICT (The Philippine Star)

The Department of Information and Communications Technology (DICT) said its common tower initiative has started taking shape following last week’s signing of an agreement between a telecommunications operator and common...

Philippines

PLDT to transform Ateneo into ‘Smart 5G campus’ (The Philippine Star)

PLDT, through its wireless arm Smart Communications Inc., has signed a memorandum of understanding with Ateneo to partner in the development of next-generation applications and services that will run on...

Southeast Asia

Southeast Asian SMEs challenged by digital transformation (Channel Asia)

According to findings, SMEs currently invest their resources in current technologies (77.2 per cent), transformative technologies (76.4 per cent) and fixed assets (74.0 per cent). SMEs face a number of challenges...

Philippines

Managing Cybersecurity Concerns: First Step in Charting Philippines Digital Future

In Southeast Asia, cybersecurity remains a key consideration in the midst of digital transformation efforts where the increase in usage of internet facilities and low cyber resilience have increased vulnerabilities...