Indonesia’s internet economy continues roaring high Recently, there’s been a lot of discussion regarding Telkomsel’s investment in Indonesia’s ride-hailing decacorn Gojek (now GoTo). It’s interesting to see this from an economic and investment perspective, as the global telecommunication sector is facing many challenges with voice and message revenue continuing to decline. On the…
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Malaysia digital set to accelerate growth of digital economy news analysis
Malaysia Digital is the initiative to succeed MSC Malaysia Prime Minister YAB Datuk Seri Ismail Sabri bin Yaakob today launched Malaysia Digital, the initiative to accelerate the growth of the nation’s digital economy for the benefit of Keluarga Malaysia. Driven by the Ministry of Communications and Multimedia (K-KOMM) through Malaysia…
Read MoreHong Kong on the way to become global tech and innovation hub
The Science Park, launched in 2002 by the government of the Hong Kong. The Hong Kong Science Park, the city’s high-tech hub, welcomed Chinese President Xi Jinping for a visit during his busy two-day trip to attend celebrations for the 25th anniversary of Hong Kong’s return to China. The Science Park is the…
Read MoreOrigin penalised AU$17 million
Largest total penalty ever imposed for breaches of the National Energy Retail Law and Rules. Origin Energy Electricity Limited and other Origin related entities (together, Origin) have been ordered by the Federal Court to pay penalties totalling AU$17 million for failing to comply with their obligations to protect customers experiencing…
Read MorePandemic induced growth propels Malaysia into next fintech wave
The adoption of digital payments is accelerating the pace of growth and innovation. Changing preferences and continued government efforts are driving cash displacement in Malaysian consumers. According to the Visa Consumer Payment Attitudes 2021 study, seven out of 10 Malaysians have tried to go cashless in 2021. Additionally, the average…
Read MoreJapan’s tourism sector gets a mission-critical boost
Interconnected TETRA communications extended to fifth major international airport. Motorola Solutions has extended the reach of interconnected communications to Kansai International Airport, the fifth major airport in the country to deploy mission-critical communications based on the TETRA standard. Motorola Solutions with its partner, Nippon Airport Radio Services Co. Ltd, recently deployed…
Read MoreDigitalising China’s economy 2.0
China matters highlighted. The year was 2014 when China’s banking sector shook hands on a private banking license deal with the country’s Big Tech giants like Alibaba and Tencent among others. This is when digital payments system including Alipay and WeChat, was born. But little did we know about a digital currency…
Read MoreIndia poised to become semiconductor powerhouse
The government has announced a nearly $US10 billion scheme. India has the potential to become a semiconductor hub in the next decade, according to GlobalData, due to favourable government initiatives. The leading data and analytics company says that India is set to be a strong alternative to China, which is…
Read MoreWorldwide government IT spending to grow 5 per cent
New area of investments as governments scale digital transformation initiatives. Worldwide government IT spending is forecast to total $US565.7 billion in 2022, an increase of 5 per cent from 2021, according to Gartner, Inc. “The last few years of enduring pandemic challenges have mobilized a wave of digital transformation activities…
Read MoreCloud-first approach helps the Murray–Darling Basin
More than 2.2 million people live in the basin. There is no denying that the Murray–Darling Basin is an Australian icon. However, its vastness means many people don’t know just how important it is to the nation’s environment, culture, and economy. Encompassing most of NSW, half of Victoria, some of…
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