Technology

Philippines plays catch-up as more central banks tap `big data'

The Philippine central bank is beefing up its data tools to get a better handle on a fast-growing economy, which is starting to flash warning signs because of a rapid buildup of debt.Like central banks across Southeast Asia, Bangko Sentral ng Pilipinas is pushing to capture information from “big data,” drawn from sources such as online search engines, job websites and proprietary registers.

11 January 2018
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Beat traffic in Southeast Asia with these apps

 The notorious state of traffic in Southeast Asia has forced its people and even governments to look increasingly to tech for solutions. Tech companies seeing the opportunity have also been quick to adapt their products to address this need too. Recently, popular community-based traffic app Waze, for one, adopted the Thai language to help Bangkok's population tackle its traffic woes. Waze, along with Google Maps are two platforms that have a good reach across Southeast Asia.

10 January 2018
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Understanding blockchain

Bitcoin cryptocurrency has been receiving some bad press in Asia recently because of the lack of a central regulating authority for transactions. While Southeast Asian governments’ have their reservations about Bitcoin, they are remarkably interested in the underlying technology called blockchain.Breaking down the blockchainAt its most basic level, a blockchain is just a data structure combining different technologies into one, depending on an operator’s choice of configuration.

9 January 2018
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Indonesia takes an important step towards countering terrorism on social media

The launch of Jakarta's new cyber security agency, the National Cyber and Encryption Agency (BSSN) brings Indonesia one step closer to combating the spread of terrorism through online and social media platforms. The new agency will target, among other things, the abuse of social media platforms by terrorist groups to secure much-needed financing as well as to recruit and train members in remote locations.

7 January 2018
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Hyundai speeds development of robot taxis to catch Google, GM

In the future of transportation, what would you get if you mixed the business models of Tesla Inc., Google and Samsung Electronics Co. with the budget of the world’s fifth-biggest automaker?Chi Young Cho is about to find out.Hired from Samsung, Chi has assembled a team of 200 researchers at Hyundai Motor Co., the 50-year-old South Korean carmaker that fought its way to the top echelon of the auto world and is now struggling to stem flagging sales in some of its biggest markets.

4 January 2018
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Greying Singapore embraces technology to face health challenges

Singapore is embracing technology and focusing more on personal health, as an expected doubling of seniors over the next two decades forces the nation to confront politically sensitive decisions on financing and immigration.While Singapore’s aging population is something to celebrate in reflecting longevity, it’s also forcing the city state to become more nimble in how it approaches the challenges, Chee Hong Tat, senior minister of state for health and communications and information, said in

21 December 2017
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Southeast Asian tech sector bursting past expectations

Southeast Asian giants Grab and Go-Jek certainly have taken the a large share of recent headlines. Thanks to their dominant position in both local and international markets, the ridesharing giants have set tongues wagging not just within the ASEAN region, but also around the world thanks to the billions they’ve raised.

17 December 2017
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Google to open Beijing AI centre in latest expansion

Google is deepening its push into China as it seeks an edge in one of technology’s most competitive fields: artificial intelligence.The Alphabet Inc. unit will announce the opening of a new Beijing research facility on Wednesday during its second annual developers conference in Shanghai, the company said.

13 December 2017
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How fintech is helping Southeast Asia’s ‘unbanked’

Southeast Asia has shown itself to be one of the most rapidly advancing regions in the world.With a booming population of 644 million (and rising), half of whom are internet and social media users, you would expect that most people around the region would have access to most of the basic necessities required by a modern life. You may find it surprising, then, that some estimates point out that barely a quarter of the region’s population have a bank account.

3 December 2017
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