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...

Thailand

Digitalisation Projects in Thailand - Key Discussion Points from day 1 of Asia IoT Business Platform Thailand 2019

In the Government Keynote Address delivered by Ms. Ajarin Pattanapanchai, the Permanent Secretary of the Ministry of Digital Economy and Society, she highlighted five primary sectors with examples of IoT...

Thailand

Hewlett Packard Enterprise, KMUTT build AI for EEC hub (Bangkok Post)

Hewlett Packard Enterprise (HPE) Thailand, a local unit of the US tech firm, is joining forces with King Mongkut's University of Technology Thonburi (KMUTT) to build a high-performance computing prototype...

Thailand

Top Thai bank sees digital platform driving surge in loans growth (The Business Times)

SIAM Commercial Bank expects digital lending to retail customers to climb almost eight-fold this year as Thailand's biggest lender accelerates its online drive to win business. A US$1 billion investment to...

Thailand

Asia IoT Business Platform (AIBP) Services and Retails of Thailand survey, shows Thailand still behind the digital plan in ASEAN (Techsauce)

In the 2018 Annual survey, conducted by AIBP of 1,624 Business & Information Technology professionals throughout Southeast Asia revealed that businesses in this part of the world are increasingly adopting...

Thailand

EEC perk extension to go before new government (Bangkok Post)

Kanit Sangsubhan, secretary-general of the EEC Office, said the office will submit a proposal to extend the privilege packages, which are scheduled to expire on Dec 30, once the new...

Thailand

AIBP Thailand Media Workshop Takeaway: Collaboration is key to Advance Industries for Thailand 4.0

A media workshop was held on 26 June 2019, as a preview to the 31st edition of Asia IoT Business Platform Thailand. Media partners and guests were invited to learn...

Thailand

Thailand 4.0: Opportunities in the S-Curve 10 Targeted Industries

In 2014, Thailand’s IoT spending was US$ 57.5M. By 2020, its IoT market is forecasted to increase to US$1 billion, posting enormous opportunities to the potential investors. Thailand is undergoing economic...

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...

Thailand

Thailand enters 5G technology era (Thailand Business News)

The Thai Government’s National Broadcasting and Telecommunications Commission (NBTC) says it wants Thailand to be one of the first Asian countries to make the jump to 5G. Thailand is leading the ASEAN...

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...

Thailand

Thailand government teams up with Huawei to set up 5G network in the country (Asia One)

China-based information and communications technology giant Huawei, in collaboration with Thailand's Digital Economy and Society Ministry, other government offices, private agencies and leading universities, is now ready to turn the...

Thailand

Thailand outlines outstanding projects expected to drive digital economy (Channel Asia)

Thailand’s ministry of digital affairs has laid out 10 outstanding projects across five broad themes that aim to drive the country towards a modern economy and society. The government is looking...

Southeast Asia

Citi launches credit cards with Southeast Asia’s Grab in push for more customers (CNBC)

Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital...

Thailand

Thailand's EEC: Goals and Opportunities

As part of Thailand 4.0, the Thai government has been prioritising development of smart cities nationwide...