ASEAN

South-east Asian consumers prefer digital financial services: study (The Business Times)

South-east Asian consumers are blazing the way for digital financial services, as a recent study from VMware revealed that 57 per cent of consumers in the region prefer engaging with...

Philippines

Digital transformation to aid in policy-making, service delivery (The Manila Times)

NEDA Secretary Karl Chua in his speech during the 2021 Analytics Summit PH said the Philippines needs to attract cloud service providers to support digital transformation in both public and private sectors. Chua...

Indonesia

The time to unlock Industry 4.0 growth is now – here’s how (The Jakarta Post)

McKinsey looked across industries and spoke to 400 business leaders worldwide to understand how their approach to digitization has affected their response to the pandemic. Overall, 94 percent of respondents...

ASEAN

Green finance in Asia: Emerging themes and the need for innovation (The Business Times)

A report by DBS and UN Environment on Green Finance Opportunities in Asean estimated that US$200 billion of green investment is needed annually from 2016 to 2030 in Asean to...

Philippines

DTI, private sector: PH can be e-commerce leader in Southeast Asia (ABS CBN News)

Based on the figures from the Department of Trade and Industry, online businesses involved in retail trade increased significantly from 1,848 in January to March last year, to 88,575 by...

Malaysia

Tok Pa: Bank Negara will lead e-payment promotion efforts under MyDIGITAL Community Cluster (Malay Mail)

Bank Negara Malaysia will spearhead efforts to promote the use of e-payments among consumers and merchants to boost easy and secure digital transactions under the MyDIGITAL Community Cluster. Minister in...

ASEAN

Food for Thought: Improving Sustainability in ASEAN’s Agri-food Sector

As the agrifood sector grows, consumers become more aware of issues on sustainability of food production and increase their scrutiny on how businesses in the sector conduct themselves, especially in...

ASEAN

Asian businesses step up to ESG reckoning (The Business Times)

There is a growing body of evidence relating a company's social and environmental impact and its financial performance. A meta-study by New York University's Stern Center for Sustainable Business and Rockefeller...

ASEAN

Food for Thought: Opportunities for ASEAN's Agri-food Sector

ASEAN is poised to be the world’s 4th largest economic bloc by 2030, according to the World Economic Forum (WEF). Currently, there is a rising middle class demographic in Southeast...

Food for Thought: ASEAN's Growing Demand for Food: How Will Technology Help?

In our first post, we outlined the factors that are expected to drive the rise in demand for food, by as much as 60% in 2030, from 2015 levels.  There...

Can Smart Meters be "Smarter"?

47% of the 650 million ASEAN’s population now live in cities, and by 2030, it is expected that another 90 million people will migrate to these major cities. ASEAN’s rapid...

ASEAN

Food for Thought: Technology and Innovations to Minimise Food Loss and Wastage

Today, we see a rising momentum in the drive towards the zero waste movement as businesses look to operate in a sustainable manner in order to reduce wastage and conserve...

ASEAN

Industry 4.0, Steering the ASEAN Towards EV Manufacturing

The automotive industry has seen a major shift in terms of the most dominant players. In the mid 20th century, the largest player included the USA with their production levels...

ASEAN

Utility of the Future: ASEAN’s Power Companies Drive to Innovate - Takeaways from AIBP Focus, 13 July 2021

In lockstep with strong economic growth, Southeast Asia is one of the fastest-growing regions in the world in terms of electricity demand. Driven by the growing ownership of household appliances...

ASEAN

ESG Initiatives: ASEAN Conglomerates in the Spotlight

Environmental, Social and Governance (ESG) priorities guided by the United Nations Sustainable Development Goals (UNSDGs) have become a key aspect for resilience and sustainable development in ASEAN in recent years....

Food for Thought: Agricultural Evolution in the Digital Age

With an increase in demand for food, many traditional farms in ASEAN have started implementing the use of technology to maintain their competitive edge. This has resulted in the creation...

Singapore

New lab to bolster Singapore’s Industry 4.0 capabilities (Computer Weekly)

Singapore’s national research agency has formed a new lab with a local manufacturing software company to help manufacturers shore up their Industry 4.0 capabilities. According to the World Economic Forum, Singapore, Japan and...

Indonesia

How Pertamina SPBU expanded despite the pandemic (The Jakarta Post)

Pertamina is encouraging cashless payments through the MyPertamina app to streamline payment transactions. Reducing the physical exchange of cash between customers and staff also helps limit the risk of exposure...

Malaysia

My Say: Towards a regional investment hub amid Malaysia’s digital transformation (The Edge Markets)

Thanks largely to spikes in manufacturing and export services. Malaysia’s trade performance maintained its strong growth momentum in April 2021 — outperforming March with another record high for trade, exports...

ASEAN

Takeaways from AIBP Focus: Innovating with AI Technologies and Data Analytics

The BFSI sector was among the first to adopt AI technologies and big data analytics, where data is used to forecast activity, behaviour and trends to predict the future. While...