Sunday, September 20, 2020
Having an online presence is now just as important, if not even more important than having boots on the ground. COVID-19 has brought about border closures and widespread movement control orders, forcing companies to rethink operational expectations and norms. Those that fail to adapt quickly will likely see significant...
The Economic Ministers of the ASEAN Member States, Australia, China, Japan, South Korea, and New Zealand have recognised the critical importance of the Regional Comprehensive Economic Partnership (RCEP) Agreement in light of ongoing uncertainties brought about by the COVID-19 pandemic. A joint statement issued in Kuala Lumpur by the ministers, who...
Over 75 percent of Malaysian businesses have embraced at least one FinTech product or service over the past 12 months, according to findings from a new regional survey of business FinTech usage by global professional accounting organisation CPA Australia. Mobile payments and digital wallets were the most widely adopted FinTech...
Recent research by Epson found that among six ASEAN member countries surveyed, three out of four reported that they have embarked on the digital transformation journey. One in five of these respondents said they have incorporated digital transformation into several departments and business activities. While generally, SMEs are fully...
Japan to pay firms to produce goods locally or in Southeast Asia, in shift from ChinaJapan’s government will start subsidising some companies to invest in local factories and those in Southeast Asia as part of efforts to reduce reliance on manufacturing in China.Fifty-seven firms, including privately-held face...
Huawei, together with Thailand National Broadcasting and Telecommunication Communication (NBTC) and Siriraj Hospital, initiated “Unmanned Vehicle Pilot Project Driving Thai Healthcare to 5G Era” to pioneer the use of unmanned vehicle for the first time in smart hospital in ASEAN. The self-driving delivery vehicle takes advantage of...
Many have stated that COVID-19 is the catalyst that finally ushered businesses into the digital age. While this statement is true in some cases, most businesses had already begun their digital transformation journey before the world was even aware of the COVID pandemic. Satanu Dutt, Chief Technology Officer of...
SMEs in five Southeast Asian (SEA) markets, that being Malaysia, Singapore, Indonesia, Thailand, and Vietnam, are counting on the benefits of technology to help weather the storm of the COVID-19 pandemic, according to a recent survey conducted by United Overseas Bank (UOB), Accenture, and Dun & Bradstreet. The research was...
Grab has launched its Small Business Booster Programme in Singapore. Said programme will include tools and initiatives that will make it much easier for offline businesses to transform themselves and make the shift towards digitisation. The programme also aims to help those already on the Grab platform to expand...
With the enforcement of lock-downs across ASEAN countries, one of the main concerns that follows, is the economic repercussions of the strict measures and the fear that it would have a long lasting impact on social well-being and economic performance. It was just a matter of time before ASEAN, which...
13 Southeast Asian Startups Received Accolades at the ASEAN Rice Bowl Startup Awards The ASEAN Rice Bowl Startup Awards (Rice Bowl) has returned for another year of celebrating excellent startups within the ASEAN region. 13 leading ASEAN startups were named category winners at the 5th ASEAN Rice Bowl Startup Awards...