Thailand Increases 2022 Budget by 20% for Digital Projects

Thailand Increases 2022 Budget by 20% for Digital Projects

The government of Thailand has just allocated THB 2.4 billion (USD 72 million) in fiscal 2022 for the implementation of six digital projects under the Thailand Digital Government Development Plan (2023-27). This represents an increase of one-fifth compared to the...
Singapore Launches the Precision Engineering Industry Digital Plan

Singapore Launches the Precision Engineering Industry Digital Plan

The Singapore government has unveiled a 3-stage digital roadmap for the precision engineering industry, called the Precision Engineering Industry Digital Roadmap (IDP). Overseen by Enterprise Singapore and the Infocomm Media Development Authority (IMDA) of Singapore,...
WeLab to Launch Digital Bank in Indonesia

WeLab to Launch Digital Bank in Indonesia

WeLab, a fintech startup from Hong Kong, has acquired a 24% stake in PT Bank Jasa Jakarta to set up a digital bank that is expected to be operational in the second half of 2022. WeLab has raised USD 240 million from existing and new investors to fund the acquisition....
UK, US Keen to Enhance Digital Economic Cooperation with Malaysia

UK, US Keen to Enhance Digital Economic Cooperation with Malaysia

The UK has expressed its interest to enhance economic cooperation with Malaysia especially in the field of digital economy in various matters, including education and information exchange, as well as research and development. This was conveyed during the meeting with...
Thailand Increases 2022 Budget by 20% for Digital Projects

Vietnam Promotes Digital Transformation at the Provincial Level

The northern province of Bac Giang aims to deploy a series of solutions to accelerate the implementation of digital transformation and develop the provincial digital economy. Following the announcement of the Bac Giang Party Committee, the province plans to ultimately...
Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

Digital Payments in Thailand Quadruple from Pre-Pandemic Levels

In October 2021, the Central Bank of Thailand revealed that digital payments in the country have quadrupled from pre-pandemic levels. The number of daily transactions made through the PromptPay platform currently averages 28 million. PromptPay enables customers to...
New Partnership for Digital Logistics Solutions in Indonesia

New Partnership for Digital Logistics Solutions in Indonesia

Local logistic player GL Terminal and PT GUUD Logistics Indonesia (operating under the brand “Clickargo”, a subsidiary of Singapore’s GUUD Pte Ltd) have announced the launch of a strategic partnership in Indonesia that will provide digital logistics solutions to...
Qlik Launches Cloud Region in Singapore

Qlik Launches Cloud Region in Singapore

Qlik, a business data and analytics software-as-a-service (SaaS) provider, announced the launch of its new cloud region in Singapore. This represents the company’s fourth cloud region globally after its cloud regions in Australia, Ireland and the US. Its entry...
Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Although the Covid-19 pandemic severely affected many companies, it has created new opportunities for several industries in Vietnam, including software. In the first half of 2021, FPT Corporation, one of the leading technology companies in the Southeast Asian nation,...