Crypto adoption and the use of cryptocurrency in Australia is a hot topic, and it has many people divided. While buying and selling bitcoin online is currently legal in the country, accepting digital currency as payment for goods or services remains illegal. But this could soon change thanks to a new study that found nearly... Read more » Read more ›
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The skills shortage in tech, especially in cybersecurity is a concern in Southeast Asia, and the demand for professionals with these essential skills has never been higher. The growing need for digital skills is most acute in developing countries, especially in the ASEAN region. Meanwhile, the cybersecurity skills shortage is especially prevalent in Malaysia and... Read more » Read more ›
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Despite Beijing’s tech crackdown on both local and international companies in China, robotaxis have been making the headlines in the country. China’s fast growing autonomous vehicles industry has already made several milestones this year, with several Chinese electric carmakers surpassing Tesla in terms of innovation in autonomous driving and guidance systems. And now, with robotaxis... Read more » Read more ›
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Bitcoin’s network has overtaken PayPal in the amount of dollar value it processes and could soon match that of Mastercard. It currently processes 27% of Mastercard’s value. Just 12 years into its existence, the Bitcoin network today already processes more dollar value than PayPal, a 23-year-old American digital payments company. Impressive as it is, experts... Read more » Read more ›
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The Tourism Authority of Thailand is working on its own digital token, the TAT Coin, which will be accepted for travels. A new unit will also be set up by next year to handle the issuance of Thailand’s own crypto coin, produce a wallet, and build a new tourism ecosystem. The Tourism Authority’s governor believes... Read more » Read more ›
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57% of office workers have accidentally deleted vital data from cloud apps such as Office 365 92% incorrectly assume that their cloud provider would be able to restore deleted files for them Accidental data deletion has also caused strong emotional distress among employees As remote and hybrid working appears to continue through 2022, one of... Read more » Read more ›
2
Xiaomi, world-renowned for making cheap and affordable smartphones, is now pushing its business gears to the limit as it executes plans for its EV car production — against the backdrop of a global chip shortage crisis, no less. Tech Wire Asia reported in April this year that the company had placed a US$10 billion stake... Read more » Read more ›
0
NFTs, or, non-fungible tokens, have seen a rapid rise and fall in the news in recent years, with plenty still unsure about what it really is. Case in point: Sotheby’s recently intended to auction off the source code files of the inventor of the World Wide Web, Tim Berners Lee, much to the delight, but... Read more » Read more ›
0
In a series-B round, Slice raised US$220 million, pumping its valuation to over US$1 billion, making it the 41st unicorn in India. Slice is issuing 200,000 cards each month, making the startup the third-largest card issuer in India after two banks. The company sees a 40% month-on-month growth and has a total registered user base... Read more » Read more ›
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iKala’s CEO & Co-Founder, Sega Cheng reckons trends like social commerce and live-selling will continue to intensify in SEA. We are living through times where the opportunity for social media as a sales channel cannot be ignored. It is the sheer amount of time spent by people, especially younger generations, on social media apps that... Read more » Read more ›
0
Tencent Holdings’ fintech arm, Tenpay, was slapped with a hefty 2.8 million yuan (US$434,792) fine last week, according to a statement published by the State Administration of Foreign Exchange (SAFE) branch in Shenzhen. According to SAFE, Tenpay had failed to submit relevant materials and handle foreign exchange sales services in accordance with regulations. The company... Read more » Read more ›
9
NFTs, or, non-fungible tokens, have seen a rapid rise and fall in the news in recent years, with plenty still unsure about what it really is. Case in point: Sotheby’s recently intended to auction off the source code files of the inventor of the World Wide Web, Tim Berners Lee, much to the delight, but... Read more » Read more ›
0
Leadership, structure and culture are the three critical imperatives to redesigning the workplace to a hybrid model, according to a Dell Technologies report focusing on organisations in Asia- Pacific and Japan (APJ). In the “Leading the Next Hybrid Workforce” paper, four experts from Australia, Japan, Malaysia and Singapore shared their insights for the future of... Read more » Read more ›
0
ASEAN businesses are still challenged by cybersecurity problems, especially with the data protection landscape in the region fast changing. With recent media reports of cyber attacks targeting regional entities, it is clear that cyber security threats are on the rise. Cyber attacks are not just for Fortune 500 companies anymore. As a result of the... Read more » Read more ›
1
The domestic tech crackdown continues in China with new apps need and updates now needing approval by the government. The crackdown has already seen several brands like Yahoo, LinkedIn and Fortnite shut down their operations over the past month. Months earlier, Chinese regulators ordered AntGroup to separate from its main business the company’s two lending... Read more » Read more ›
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Republic of Palau to create the world’s first government-issued national stablecoin Palau has partnered Ripple to explore the national digital currency and its use cases with the XRP Ledger Palau chose Ripple because of its extensive experience in blockchain and building global payment systems Digital currencies are becoming increasingly sought after by governments and stablecoin... Read more » Read more ›
0
When DBS Bank suffered an outage a few days ago, many of its customers in Singapore began panicking as they were unable to complete their transactions. The outage is the biggest disruption suffered by the bank since a major glitch over a decade ago. For financial institutions like banks, any form of an outage is... Read more » Read more ›
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Online shopping is becoming a major trend in Southeast Asia Local e-Commerce companies are growing popular among consumers Social media is playing a role in promoting e-Commerce platforms to consumers Earlier this month, e-Commerce companies in Southeast Asia made huge profits from the shopping festivals in the region. While many would say the e-Commerce companies... Read more » Read more ›
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6.8% of Singaporean internet users currently have NFTs and 11.0% plan to own NFTs in the future Two in five Singaporean internet users know what NFTs are NFT adoption is the highest in the Philippines (32%) and lowest in Japan (2.2%) Non-fungible tokens (NFTs) adoption are slowly picking interest among Internet users in the last... Read more » Read more ›
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The trial will focus on the digital currency and its feasibility for business transactions, such as large payments between companies. It will be backed by bank deposits and use a common platform. The initiative is independent of the Bank of Japan’s ongoing CBDC experiment. In April this year, the Bank of Japan (BoJ) launched the... Read more » Read more ›
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10.11.2025 02:44
Last update: 02:30 EDT.
News rating updated: 09:30.
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