Digital Economy

Investing in ASEAN start-ups

Southeast Asia is proving to be one of the most successful and fastest growing digital markets in the world. While the likes of Grab and Lazada have established themselves in the region, many other start-ups are fast-developing unique and innovative forms of services to tap into the lucrative digital economy. Singapore is currently home to some of the most heavily funded start-ups in the region, including Grab and Sea.

22 January 2020
0

Indonesia: An e-commerce success story

Indonesia is one of the region’s best success stories. Despite having faced economic turmoil in the 1997 Asian Financial Crisis under the authoritarian Suharto regime, Indonesia is today one of the fastest growing economies in the world.

10 December 2019
0

Southeast Asia’s data localisation

In the 21st century, data is a perennial need for the sustenance of our digital industries. The internet would not have become what it is today if not for data. Hence, for our continued development in the field of technology, the need for data will never diminish.

2 December 2019
0

Tackling key ASEAN issues

The ASEAN Secretariat held its 3rd ASEAN Media Forum in Bangkok, Thailand, and brought together about 30 media leaders and prominent bloggers from the 10 ASEAN member countries to dialogue with the region’s thought leaders on vital economic issues affecting the Association.

1 August 2019
0

Strengthening ASEAN’s Digital Economy

ASEAN is set to become the world’s fourth largest economy by 2030, and it is a transition that will be championed by an increasingly tech-savvy younger population which is rapidly rising up the socio-economic ladder.

17 June 2019
0

G-20 to tackle difficult issues

Risks from the United States (US)-China trade war and an expected turn in global monetary policy will feature high on the agenda as finance and central banking chiefs from the Group of 20 (G-20) gather this weekend in Fukuoka, Japan.The meeting takes place as the world’s two biggest economies ramp up tariffs against each other, hurting the global economy and leaving policy makers struggling to shore up growth.

8 June 2019
0

Is it too late for Lao?

The Fourth Industrial Revolution is a train that you either get on or you’ll find yourself being left far, far behind. ASEAN is aware of this. We’ve seen countries like Indonesia and Thailand take lessons from Germany’s model of a 4.0 economy. We’ve also seen countries like Malaysia invest large sums of money on the expansion of information technology (IT) infrastructure to provide an enabling environment for the growth of the digital economy.

23 April 2019
0

Indonesia’s digital economy sees rapid growth

Indonesia is one of the region’s best success stories. Despite having faced economic turmoil during the Asian Financial Crisis of 1997 under the authoritarian Suharto regime, Indonesia is today one of the fastest growing economies in the world.

29 March 2019
0

Vietnam is the region’s fintech hub

Vietnam’s strong economic growth in recent years has led to the flourishing of the nation’s digital economy. The country’s economy in 2017 was deemed to be one of the best performing in the region.

21 March 2019
0

A digital ASEAN for everyone

As an economic bloc, ASEAN is the fifth largest economy in the world. However, this is not reflected in its adoption of digital transformation.

9 March 2019
0

Singapore plans budget with an eye on election

Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.While not expected to be as headline-grabbing as last year – when Heng flagged a hike in the goods-and-services tax (GST) – the 2019 budget will cover a range of familiar policy priorities.

18 February 2019
0