Machine learning and AI have a multitude of applications in various industries, but fashion might sound like a curious segment for their use. E-Commerce is big business in Southeast Asia (SEA). With movement restrictions coming and going so often in the region, consumers have increasingly moved towards digital means of retail, from fast-moving consumer goods... Read more » Read more ›
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Vehicle recalls are a nightmare for any car manufacturer, especially for technologically advanced ones like Tesla. In the last decade alone, multiple major carmakers have undergone some form of recall for their vehicles. Most of these recalls are related to faulty mechanical issues on the vehicle like airbags, braking systems, and such. Today, carmakers are... Read more » Read more ›
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Almost 30% of the cars sold in Liuzhou last year were electric, more than five times China’s average. The city of 4 million is the effective capital of the biggest EV market in the world. Liuzhou’s approach may provide a blueprint for other cities around the world to give up their gas guzzlers to meet... Read more » Read more ›
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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 ›
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The bank prefers a project to gauge the merits of a central bank digital currency with an initial focus on wholesale CBDCs The initial stage is unlikely to focus on a retail CBDC similar to China’s digital yuan or Sweden’s e-krona The world’s central banks are slowly beginning to acknowledge the impact that digital payments... Read more » Read more ›
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The evolving banking landscape has pushed traditional banks to digitalize in order to cater to consumer demand for personalized and value-added services. This is especially prominent given the effects of the Covid-19 pandemic, which has driven a majority of the customer base towards digital services. Whilst many emerging technologies exist, there have been variations in... Read more » Read more ›
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Insilico Medicine recently raised US$255 million and is disrupting the pharma industry with its novel use of deep learning and AI. The use of emerging technologies in the biotech market is growing, with a market valuation of US$752 billion in 2020 alone. This is especially true in the Asia Pacific (APAC) region, whose biotech market... Read more » Read more ›
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BNPL fintech Pace announced an exclusive regional partnership with luxury goods and retail specialist, Valiram The partnership will extend Pace as an alternative payment option to over 20 international brands represented by Valiram in the region The fintech company recently secured debt funding to grow its presence in APAC Fintech group Pace Enterprise will soon... Read more » Read more ›
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Decentralized identity as a form of identity management by a country? Sounds odd, but it actually should be the future of identity management. Here’s why. Blockchain technology, once known as almost the exclusive domain of techies and crypto enthusiasts, has been under the microscope of the Korean government over the last half-decade. This is not... Read more » Read more ›
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Malaysia jumps into the digital banking fray with the issuance of the licensing framework for digital banks in the country Read more ›
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The e-commerce logistics giant launched a self-operated charter flight between Shenzhen and Bangkok – it’s first in the Asia Pacific region It operates three times a week, catering for SMEs in China and Thailand, with 48-hour deliveries The most popular Thai products among Chinese are within the food & beverage category, while household appliances from... Read more » Read more ›
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The pandemic has brought about a massive, permanent digital adoption spurt in Southeast Asia, according to Google Cloud New sectors within the digital economy are emerging, especially in education and health technology Key verticals such as the finance, healthcare and manufacturing sectors witness a surge in demand for cloud-based solutions If there is one thing... Read more » Read more ›
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The time is now for industries to get on 5G, the next-generation networking technology that’s stoking the innovation flames of the new fourth industrial revolution. Since World Economic Forum founder Klaus Schwab released his seminal piece “The Fourth Industrial Revolution” in 2016, industries and economies around the world have sat up to acknowledge, recognize and embrace... Read more » Read more ›
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Digital adoption among the country’s SMEs still lag behind those of large firms Most firms are interested in government assistance to drive digital solutions adoption SMEs have been underperforming, and the crisis exacerbates the productivity gap In Malaysia, an overwhelming 98.5% of the 920,624 business establishments in Malaysia are small and medium enterprises (SMEs). Despite... Read more » Read more ›
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Asia is starting to demand better data privacy Multiple solutions and strategies exist for enterprises Data collection should be designed around security and privacy Data privacy is increasingly drawing attention globally, and the Asia Pacific (APAC) region is no different. What can companies do to ensure the digital rights of users are protected? For years,... Read more » Read more ›
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Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) recently launched a cross-border QR payment system between both countries The project commenced in June 2020 and will be completed in three phases The retail payment linkage will serve as an important enabler to support post-pandemic economic recovery by further strengthening economic ties between participating... Read more » Read more ›
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Cybersecurity awareness by global consumers is still concerningly low, according to a new survey by IBM Security. This trend will greatly impact businesses relying on digital engagement to consider how this will affect their cybersecurity risk profiles. The global Covid-19 pandemic has undoubtedly pushed most of the world to digitalize their work and personal habits.... Read more » Read more ›
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Visa has set its focus on strengthening payment security as consumer behavior evolves during the pandemic Visa found that contactless payments are becoming a health and safety priority; on-demand e-commerce experiences have heightened expectations of quality and speed of service; and lines between e-commerce and physical buying have been blurred In parallel to this pandemic-stricken... Read more » Read more ›
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Global shipping and supply chain management firm United Parcel Service (UPS) is set to extend its retail presence in Malaysia this year with a new partnership with ParcelHub, to capitalize on the region’s surging e-commerce and logistics demands. UPS already has an existing partnership in Malaysia with third-party fulfillment services provider Mail Boxes Etc (MBE),... Read more » Read more ›
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China 5G subscriptions are expected to surpass other regions and hit over 173 million users by the end of 2021, says the latest Ericsson Mobility Report. This number is set to rapidly grow to a hefty 1.4 billion subscribers by 2026. With subscriptions increasing at a rate of approximately one million daily, Ericsson expects global subscribers... Read more » Read more ›
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Most popular sources
Business Insider
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19% 21 |
Tom's Hardware
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10% 21 |
Gizmodo
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9% 9 |
Engadget
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8% 6 |
Eurogamer.net
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6% 5 |
| View sources » | |
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11.11.2025 06:18
Last update: 06:10 EDT.
News rating updated: 13:12.
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