South Korean payment servicer Alliex has partnered with Vietnam’s central bank to develop a cashless payment network accessible to banks and retailers, helping the country’s broader effort…
Digital Economy
Tech to upgrade financial instruments in Malaysia
Blockchain technology has been around for over ten years. However, business leaders across the world still struggle to understand it. As a result, the seemingly limitless potential of the technology h…
Malaysia’s technological foresight is spurring its economy
Innovation helps enhance competitiveness and accelerate economic growth. Countries that invest in research and development (R&D), which is supported by effective commercialisation, and offer time…
Digitalisation key to ASEAN attracting China trade war exodus
The Fourth Industrial Revolution presents manufacturers in Southeast Asia with significant risks as well as tremendous opportunities at a time when technology and geopolitics are reshaping the global …
Myanmar: CB Bank first to launch on Asean fintech platform
CB Bank has launched its Innovation Lab on the API-Exchange (Apix), making it the first bank in Asean to reach out to other financial technology (fintech) firms in the region on the exchange. Apix is …
Southeast Asia’s Booming Internet Economy to Boost Fintech Growth
Southeast Asia’s Internet economy is booming, driven by the ubiquity of mobile phones, rising Internet penetration and a growing middle class, according to a new report by Google, Temasek and Bain �…
Vietnam to launch 5G technology in Laos
The Vietnamese military-run telecom group Viettel plans to roll out 5G technology in Laos by year-end. This is Vietnam’s third overseas launch of the service. The country aims to expand this list to f…
Việt Nam, Indonesia lead ASEAN in internet economy growth
The Southeast Asian internet economy has expanded by 39 per cent this year to hit US$100 billion for the first time, according to a report released by Google, Temasek and new partner Bain & Compa…
Going cashless in Myanmar
Around 64 percent of consumers in Southeast Asia are confident of going cashless for a full day, highlighting the region’s strong drive towards digital payments. And while almost half of ASEAN’s citiz…
Huawei lands role in Malaysia 5G rollout
Huawei will provide 4G and 5G services to Maxis as it prepares for 5G rollout Yesterday, Huawei Technologies entered a formal agreement with Maxis, one of Malaysia’s major telecommunications companies…