With an ageing population and a shrinking workforce, Singapore’s economy needs a game plan. Could a ‘996’ working culture be the key to greater productivity?
Flush with funds, ASEAN unicorns are going on a spending spree, but just how accurate are their shiny market valuations?
2018 started off positively for Grab in Vietnam. Uber’s exit handed the Singapore-based startup dominance in the local ride-hailing market. But the following 12 months saw increased competition from local startups and rising regulatory pressure.
Almost a year after its arrival in Malaysia, WeChat Pay MY is forging new local partnerships to drive future growth. For Tencent, the Chinese owners of the app, there is far more than the Malaysian e-wallet market at stake.
The Vietnamese government wants to facilitate the growth of a sharing economy. But it lags behind other ASEAN nations with regulations governing the peer-to-peer (P2P) industry.
Some of the biggest names in the Asian VC scene are flocking to the Philippines. After years of lacklustre growth, the Filipino fintech sector is undergoing a renaissance.
The ASEAN digital economy is growing at a frenetic pace. While millions are enjoying the economic and social benefits of improved connectivity, hundreds of millions more run the risk of getting left behind.
JP Morgan Chase recently launched a point of sale financing scheme. Fintechs have led the way in this area, but the bank’s entry confirms this is a rapidly growing fintech space.
The use of crypto-mining malware has grown rapidly in the past two years to become a massive concern for cybersecurity experts. With the ASEAN region lagging behind the rest of the world in addressing cybersecurity concerns, the region is fast becoming a favourite haunt for cybercriminals involved in cryptojacking.
ck and mortar stores stay strong in the face of digitalisation. More needs to be done to fully transform ASEAN consumers’ spending habits.