Small and medium sized enterprises (SMEs) in Singapore have been hailed as the driving force behind the island nation’s economy. The government there has pointed out that SMEs make up 99 percent of all enterprises in the country and employ as many as 65 percent of Singapore’s workforce.
When blockchain and cryptocurrency first made headlines, many saw them as disruptors to the current financial order. This is because transactions that involve cryptocurrencies remove the need for an intermediary – a role banks and other financial institutions have traditionally filled.
Although everyone in Southeast Asia can fly these days due to the proliferation of low-cost airlines, the experience is not necessarily pleasant with long queues and constantly having to present travel documents to different parties.
Agriculture is still one of the pillars of Indonesia’s economy, contributing 13.1 percent to the country’s gross domestic product (GDP) in 2017. Although its share of the GDP is contracting, the sector remains the second biggest employer for Indonesia, especially in rural areas.
Facebook, Inc. on Wednesday announced a ban on praise, support and representation of white nationalism and white separatism on Facebook and Instagram, which the media giant said it will start enforcing next week.
The traffic situation in Southeast Asia is famous for all the wrong reasons. Although some countries have taken steps to minimise congestion such as Vietnam’s ban on motorcycles by 2030, and Singapore’s deployment of road tolls and an expensive certificate of entitlement to reduce the number of car ownerships, the traffic situation in the region could still use some help.
Education technology (edtech) is fast growing in Southeast Asia thanks to its learner-centric platform which breaks down geographical barriers such as access to infrastructure like schools and even transport.
Test tubes holding plants line shelves in a Malaysian laboratory, the heart of a breeding programme for dwarf palm oil trees which scientists hope will cut costs and limit the environmental damage caused by the controversial industry.
Although widespread in industries from aerospace to waste management, Artificial Intelligence (AI), machine learning and big data are cutting-edge technologies not usually associated with the legal profession.
With social media already playing a role in human trafficking, arms trading and drug smuggling, it is perhaps no surprise that the illegal wildlife trade is the latest cross-border crime to go online.
As an economic bloc, ASEAN is the fifth largest economy in the world. However, this is not reflected in its adoption of digital transformation. ASEAN member countries rank from top to 160 positions on the global Digital Adoption Index (DAI) published by the World Bank.