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…
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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…
Malaysia’s Petronas sets up US$350M VC fund to invest in tech startups around the world
Malaysia’s Oil and gas company Petronas has set up a US$350 million venture capital fund, which aims to make direct investments in technology startups around the world, as per reports. The corporate v…
Southeast Asia internet economy exceeds $100B, online population hits 360M
The Southeast Asian internet economy has expanded by 39% to hit $100 billion for the first time this year, with Indonesia and Vietnam clocking growth rates of more than 40%, while Singapore, Malaysia,…
India Launches Global Coalition for Disaster-Resilient Infrastructure
The Prime Minister of India, Narendra Modi, launched the Coalition for Disaster-Resilient Infrastructure (CDRI) at the UN Secretary-General’s Climate Action Summit in New York, US. The fledgling partn…
Government to facilitate business and investment in Nepal
The government is committed to facilitate business and investment in Nepal, according to Baikuntha Aryal, secretary at the Ministry of Industry, Commerce and Supplies. Addressing the first Nepal Germa…
Malaysia’s solar sector on the rise
Malaysia’s solar photovoltaics (PV) industry is on the rise thanks to strengthening government support, growing investor confidence and reducing costs. Already ASEAN’s biggest solar PV employers, Mala…
Việt Nam remains frontier market: FTSE Russell
Global provider of benchmarks, analytics and data solutions FTSE Russell last week kept Việt Nam on its watch list as a frontier market. Việt Nam was added to the watch list a year ago for possible re…
Malaysia says EU’s palm oil ban is face of free trade duplicity
A classic case of the denial of free trade is the ban on the import of palm oil proposed by the European countries, said Tun Dr Mahathir Mohamad. “All the countries of the world wish to prosper, to gr…