Breaking down the digital divide to stimulate growth

Breaking down the digital divide to stimulate growth

Southeast Asia is ushering in a digital decade, with its internet economy set to surpass previous estimates to reach $1 trillion in gross merchandise value by 2030.
#HackThePackaging challenge opens registration for creative minds from Vietnam

#HackThePackaging challenge opens registration for creative minds from Vietnam

The Wala Usik Challenge 2022: #HackThePackaging opens registrations for all puzzle solvers from Vietnam and other East and Southeast Asian nations.
SEA business leaders to focus on omnichannel and supply chain diversification

SEA business leaders to focus on omnichannel and supply chain diversification

Business leaders in Southeast Asia are set to build back better by investing in a robust omnichannel approach, diversifying their supply chains, and focusing on employees and business continuity, according to a new industry report released today.
ADB revises down Malaysia’s economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
Developing Asia growth outlook slightly down in 2021-2022

Developing Asia growth outlook slightly down in 2021-2022

The ADB revised its economic growth outlook for developing Asia, down slightly to 7 per cent this year and 5.3 per cent next year.
Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report

Vietnam to be fastest-growing e-commerce market in Southeast Asia by 2026: Report

Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.
Southeast Asia sees record number of deals completed in first half of 2021

Southeast Asia sees record number of deals completed in first half of 2021

Deal activity in Southeast Asia reached a new record at almost 400 deals in the first half of 2021, according to a report by Cento Ventures.
COVID-19 immunity key to Southeast Asia’s economic recovery from Delta variant

COVID-19 immunity key to Southeast Asia’s economic recovery from Delta variant

The COVID-19 Delta variant has limited limited economic recovery for Southeast Asia, but the outlook for 2022 is more positive.
Foreign hotel brands pin high hopes on post-pandemic rebound of Southeast Asia

Foreign hotel brands pin high hopes on post-pandemic rebound of Southeast Asia

Foreign hotel brands are stilling pursue new opportunities in Southeast Asia amidst the pandemic as they are looking to capitalise on the region’s rebound.
70 million people in Southeast Asia have adopted online shopping due to COVID-19

70 million people in Southeast Asia have adopted online shopping due to COVID-19

According to a recent report, 70 million people in Southeast Asia have shopped online during COVID-19 and nearly 30 million people became digital consumers.
Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thai bank Krungsri expands footprint in Southeast Asia, including Vietnam

Thailand’s Bank of Ayudhya (Krungsri Bank) is signalling interest in expanding its footprint in Southeast Asia, including Vietnam.
Viettel operates two most modern innovation labs in SEA

Viettel operates two most modern innovation labs in SEA

Military-run telecommunications giant Viettel on August 23 put into operation two innovation labs in Hanoi and Ho Chi Minh City, making them the most modern facilities of their kind in Southeast Asia.
US Chamber calls on US government to increase COVID-19 support for Southeast Asia

US Chamber calls on US government to increase COVID-19 support for Southeast Asia

US Chamber of Commerce urged US to increase vaccine supply and assistance to Southeast Asia before Vice President Kamala Harris’ trip to Vietnam and Singapore.
E-commerce brings more momentum for economic recovery in Southeast Asia

E-commerce brings more momentum for economic recovery in Southeast Asia

The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.
Tech startups in Southeast Asia to break through $1 trillion in valuation by 2025

Tech startups in Southeast Asia to break through $1 trillion in valuation by 2025

Jungle Ventures estimated the combined valuations of Southeast Asia’s technology startups at $340 billion in 2020, with forecasts to reach $1 trillion by 2025.
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