The Airbnb of luxury luggage, Uber for home massage, and blockchain for pets are just a few recent examples of start-up ideas that make you wonder if the world has run out of bigger dreams to pursue.
China's new data security law takes effect from Wednesday – the latest effort to tighten oversight of the country's mammoth tech sector.The broadly worded law seeks to tighten the leash on China's tech giants and what they do with information from their hundreds of millions of users. It also comes as fears grow over data security with government departments becoming increasingly dependent on cloud storage services.Beijing has also flagged national security concerns as
Singapore-headquartered super app Grab's plans to go public in the United States (US), in what is the largest blank cheque company deal ever, is testament to the growth prospects of Southeast Asia and Singapore's start-up ecosystem, analysts and industry players said.Grab, which started out as MyTeksi to address the safety concerns of taxi commuters in Kuala Lumpur, announced on Tuesday (13 April) its agreement with Altimeter Growth, a special purpose acquisition c
COVID-19 vaccination programs are gaining momentum as production capacity ramps up, and as disorganised and tentative distribution and administration procedures are replaced by more robust systems. A task of this size will surely encounter additional bumps along the road.
Almost a month separates the International Day of Women and Girls in Science on 11 February and the International Women’s Day on 8 March, but the two are getting increasingly related, if not in time at least in the achievements they want to mark. The former was established in 2015 by the United Nations (UN) General Assembly to encourage more girls and women to pursue studies and careers in science and technology.
The tech world was recently abuzz with news that Grab was in a favourable position to acquire its long-time rival, Gojek.
The Fourth Industrial Revolution is a train that you either get on or you’ll find yourself being left far, far behind. The Association of Southeast Asian Nations (ASEAN) is aware of this. We’ve seen countries like Indonesia and Thailand take lessons from Germany’s model of a 4.0 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. ASEAN’s digital economy – a collective term for all economic transactions that occur online – will progress in hand with this, and is expected to expand 6.4 times from US$31 billion in 2015 to US$197 billion by 2025 according to the Economic Research Institute for ASEAN
Vietnam, as the current Chair of the Association of Southeast Asian Nations (ASEAN) for 2020, has been actively involved with the association since 1995 when it joined the bloc with the aim of bringing all Southeast Asian countries together to promote regional peace, freedom, and prosperity. Vietnam has been making great strides in projecting itself as an effective leader, particularly with its proactive governance in handling the COVID-19 pandemic, climate change policy, and for its
Despite taking a serious hit from COVID-19 lockdowns, China’s economy has proved resilient. It has not, however, fully bounced back: some activities, especially in the service sector, simply cannot be revived. Yet, unlike most of the world, China seems unlikely to become mired in a long recession, not least because of its rapid digital transformation.
One of the biggest beneficiaries of the growing digital economy in Southeast Asia is the gaming industry. Sea – formerly Garena – became the first Southeast Asian tech company to be listed on the New York Stock Exchange in 2017. Sea is a gaming company but has also ventured into e-commerce and e-payments recently.A trend that has also been fuelling the games market in the region is the rise of eSports. eSports is essentially a competition using video games.
The COVID-19 pandemic has caused nations across the world to be under lockdown over virus fears. Governments have implemented drastic measures to contain the coronavirus from spreading further. It was reported that over four billion people are currently under lockdown across the globe.
