Navigating Regulatory and Compliance Challenges in the Banking Industry

Navigating Regulatory and Compliance Challenges in the Banking Industry The banking industry plays a pivotal role in the global economy, serving as the backbone for financial transactions, investments, and economic growth. However, with this critical role comes the responsibility of adhering to a complex web of regulations and compliance standards. In this article, we’ll explore… Continue reading Navigating Regulatory and Compliance Challenges in the Banking Industry

Switch To Cloud: ASEAN Takes The Lead

Switch to cloud: ASEAN takes the lead Thailand, Malaysia, and Indonesia are expected to increase their cloud-related spending. Southeast Asia is on the cloud. Corporations are turning serverless and cloud-native as more international cloud services providers invest in ASEAN. There is an emerging need to meet the burgeoning demand for cloud technology in the region.… Continue reading Switch To Cloud: ASEAN Takes The Lead

Financial Omnibus: A New Era of Reforms in Indonesia

Financial Omnibus: A new era of reforms in Indonesia The PPSK Law will increase economic capabilities and enable digitisation The COVID-19 pandemic pushed sustainable economic spending at the forefront of financial reforms. Developing nations in particular had to identify resilient financial models and reform archaic regulations. Indonesia was one such country that made swift moves… Continue reading Financial Omnibus: A New Era of Reforms in Indonesia

Decoding Southeast Asia’s E-Commerce Boom

Decoding Southeast Asia’s E-Commerce Boom The e-commerce market in Southeast Asia has rapidly transitioned from physical retail to a multi-disciplinary shopping ecosystem spanning across channels, devices and store concepts. Evolving from the conventional brick-and-mortar format to dynamic avenues, online and offline retail businesses are redefining shopping trends, notably impacting consumer behaviour and purchase choices. Growing… Continue reading Decoding Southeast Asia’s E-Commerce Boom

Enabling SMEs To Boost Vietnam’s Exports

Enabling SMEs to boost Vietnam’s exports Buoyed by a determined political leadership and its forward-thinking policy framework, Vietnam’s enterprises have earned the country the reputation as a leading exporter globally. Today, Vietnam is the top exporter in the ASEAN region.  While its export turnover of USD282-bn in 2020 contributed 82% of the country’s GDP, the… Continue reading Enabling SMEs To Boost Vietnam’s Exports

ASEAN Start-Ups Unhurt by SVB Collapse, but Funding Winter May Get Prolonged

ASEAN Start-Ups Unhurt by SVB Collapse, but Funding Winter May Get Prolonged Start-ups in the ASEAN region are largely funded by local venture capital firms, and they bank locally too. However, SVB’s collapse could affect access to capital over the long term. The recent collapse of Silicon Valley Bank (SVB), the 16th largest bank in… Continue reading ASEAN Start-Ups Unhurt by SVB Collapse, but Funding Winter May Get Prolonged

Thailand: Auto Major Turns EV Investment Magnet

Thailand: Auto Major Turns EV Investment Magnet Thailand is known as Detroit of the East with good reason. The country’s automotive sector has a supply chain of more than 2,200 auto component suppliers catering to more than 20 vehicle manufacturers and a dozen motorcycle manufacturers, including the world’s leading Japanese, European, Chinese and American brands.… Continue reading Thailand: Auto Major Turns EV Investment Magnet

ASEAN Region Highly Vulnerable to Cybercrime

ASEAN Region Highly Vulnerable to Cybercrime Banks and financial institutions need to take strong measures to counter the growing incidence of cybercrime in the ASEAN region Last year, Dark Pink, a new advanced persistent threat (APT) group, successfully hacked the computer systems of military bodies, government ministries and agencies, and religious and non-profit organisations in… Continue reading ASEAN Region Highly Vulnerable to Cybercrime

Blockchain is Back

Blockchain is back After a brief lull during the crypto winter, the resurgent digital technology is regaining solid momentum across Southeast Asia Vietnam’s financial capital Ho Chi Minh City is developing a blockchain infrastructure to aid its smart city transformation, which will be used to mitigate risks and streamline processes. While the Thai Revenue Department… Continue reading Blockchain is Back

Persons with En-abilities: A Paradigm Shift

Persons with En-abilities: A Paradigm Shift Technological changes over the last decade have led to a wave of transformation bringing equal rights, empowerment and inclusion to those with disabilities The world is witnessing a wave of transformation in all facets of socio-cultural-economic endeavours, leading to a significant shift towards equal rights, empowerment and rightful inclusion… Continue reading Persons with En-abilities: A Paradigm Shift