ASEAN

Enterprise Technology in ASEAN: 73% Expect Investments in Digital Technologies to increase in 2021

We released the full results of our 2020 AIBP ASEAN Enterprise Digital Transformation Survey on 26th December 2020, where 664 enterprise stakeholders from Indonesia, Malaysia, Philippines, Thailand and Vietnam gave...

Singapore

Budget 2021: Local companies can access co-funding schemes to transform, digitalise (The Straits Times)

The Digital Leaders Programme will support companies in hiring a core digital team and developing and implementing a digital transformation road map. The Government will also extend its enhanced support of up...

Malaysia

BIMB appoints TM ONE as preferred digital partner in realising transformational strategy (New Straits Times)

"The partnership with Malaysia's leading integrated telecommunication company such as TM will complement the bank's effort to constantly improve our functions and the services we provide to the customers, thus further...

Philippines

Philippines set to take rare, top spot for IPOs in Southeast Asia (CNA)

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and a...

ASEAN

Smart Cities in ASEAN: Powering Good amidst Tough Times (INQUIRER.net)

“Driving Digitalisation Ecosystems in ASEAN” was a themed online forum recently co-hosted by Mr Van Tang, Director and Head of Business Development & International Partnerships – APAC at Hitachi. This...

Indonesia

BRIAPI, the First Open API in ASEAN to be PA-DSS Certified (CNBC Indonesia)

The pioneer of open banking API in Indonesia, BRIAPI from BRI, is the first in Southeast Asia to get PA-DSS (Payment Application Data Security Standard) certification from the PCI Security...

ASEAN

AIBP 2020 ASEAN Enterprise Innovation Awards

In 2020, we received overwhelming response from the 5 ASEAN countries, with over 140 nominations submitted. 31 finalists presented their projects in a series of closed-door, online discussion forums held...

Malaysia

Pharmaniaga tie-up with Oracle Cloud to optimise vaccine distribution (The Malaysian Reserve)

Pharmaniaga Bhd has selected cloud-based logistics platform, Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) to improve logistics processes in preparation for Covid-19 vaccine distribution in Malaysia. Through its partnership, the...

Philippines

DOF to implement tax administration projects this year (Manila Bulletin)

The Department of Finance (DOF) expects the full nationwide implementation of the fuel marking program and several digitalization projects this year to improve the government’s tax administration. This article originally...

Southeast Asia

Shopee ramps up initiatives to adapt platform to changing consumer base (The Business Times)

A wave of digitalisation last year during the pandemic widened Shopee's access to consumer segments that have typically been hard to penetrate. Now, the South-east Asian e-commerce player wants to...

ASEAN

The changing Asean banking landscape (The Star)

A trend is fast gaining traction in the Asean banking space where small banks are being snapped up by technology companies for entry into an otherwise highly regulated market.  “Some...

Thailand

National Telecom urged to focus on infrastructure (Bangkok Post)

NT, which is a merged unit of state telecom enterprises TOT and CAT Telecom, was launched on Jan 7. Digital Economy and Society (DES) Minister Buddhipongse Punnakanta said NT aims...

Singapore

Tech-enabled firms in Singapore among the fastest growing companies (The Straits Times)

The study conducted last year compiled a league table of 75 local companies that achieved high revenue growth between 2016 and 2019. Now in its third year, the study was...

ASEAN

Capitalising on the young mobile-first generation (Myanmar Times)

While the signs of digital growth and rise of online industries seem promising, Myanmar's digital economy is still in its early stages. Hence, this digital shift in consumer demands signals...

ASEAN

ASEAN needs to promote digital infrastructure development for small businesses, individuals (The Edge Markets)

ASEAN should build a new economic ecosystem by promoting the development of digital infrastructure that is accessible for both small businesses and individuals to reinforce its economic recovery efforts and...

ASEAN

Asean can be a force to be reckoned with in Digital Economy, says expert (The Star)

Group Chief Executive Officer of Digitally.asia Group, Christopher Tock, said while it is important for the respective governments in Asean to work to increase the broadband penetration across their lands,...

Southeast Asia

Grab Financial Group Raises $300 Million For Expanded Finance Solutions (PYMNTS)

Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. Consumers seemed to respond positively to products like its retail wealth management...

Southeast Asia

Reinventing Southeast Asia’s retail industry to drive economic recovery (The Business Times)

With consumer behaviours, operating environments and market conditions changing constantly, responsiveness and speed are more important than ever. This is where technology platforms come in, acting as enablers for agility,...

ASEAN

Paradigm Shift in Banking and Financial Services: Takeaways from AIBP Focus

As a way to kick off 2021, we had the opportunity to host an AIBP Focus session with esteemed panelists from the Banking, Financial Services & Insurance (BFSI) sector across...

Vietnam

Digital transformation offers Vietnam better transportation services: minister (The Star)

According to Decision 749/2020 of the Prime Minister, transport and logistics are two of the eight priority fields for digital transformation. Digital transformation in the transport sector is different from...