Digital

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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia01/07/2021

The Vietnamese government has ordered its central bank to study virtual money using blockchain technology over three years amid rising interests in this type of currency. The State Bank of Vietnam will be in charge of studying and trialing the use of virtual money from this year until 2023 as part of key objects in […]

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Retail Asia22/06/2021

Vietnam’s so-called mutant orchids are being turned into unique digital assets and being sold for up to thousands of dollars online. On the digital goods marketplace OpenSea.io, hundreds of items are displayed when a user types the keyword “Orchidaceae.” These items are non-fungible tokens (NFTs) which are units of data stored on a digital ledger […]

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Retail Asia17/06/2021

The bank has priced S$600 million of perpetual capital securities at a fixed coupon rate of 2.55 percent – the lowest for benchmark perpetual securities for banks in Singapore. UOB is piloting the digital issuance of its latest bond offering on exchange-operated digital asset issuance platform Marketnode, the bank said in an announcement on Wednesday. The non-call […]

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Retail Asia16/06/2021

The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is prohibiting exchanges in the country from providing services related to utility tokens or cryptocurrencies to ensure customer protection and […]

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Retail Asia16/06/2021

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The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs, and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is prohibiting exchanges in the country from providing services related to utility tokens or cryptocurrencies to ensure customer protection […]

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Retail Asia15/06/2021

Citi has hired a former partner from Ernst & Young to lead the upcoming launch of a new digital payment solution in the region. James Lloyd joins the treasury and trade solutions (TTS) unit as its Asia Pacific head of Spring by Citi – upcoming digital payments offering – according to an internal memo. In […]

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Retail Asia11/06/2021

Alibaba Cloud, the digital technology and intellectual backbone of Alibaba Group, launched Project AsiaForward with an initial USD1 billion funding and resources to cultivate a million-strong digital talent pool, empower 100,000 developers and the growth of 100,000 technology startups in Asia Pacific (APAC) over the next three years. Unveiled during the Alibaba Cloud Summit 2021, […]

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Retail Asia09/06/2021

Huawei is eyeing opportunities in digital finance to diversify its revenue mix amid ongoing U.S. sanction pressure against its smartphone and telecom equipment business. Huawei is the latest major Chinese player to make an entry into the global digital finance market, eyeing growth opportunities from Southeast Asia, the Middle East, Latin America, and Africa where […]

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Retail Asia07/06/2021

The strategic partnership allows the bank to operate in the cloud in Indonesia, where banking data must remain in-country, according to an announcement this week. The digital bank will use Mambu’s SaaS banking platform and Google Cloud to offer new services to meet the needs and demands of Indonesian customers. Bank Jago launched its smartphone app in […]

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Retail Asia01/06/2021

DBS expands the offering on its digital exchange with its first-ever bond issuance via security token offering. DBS has issued a S$15 million ($11.35 million) bond through a security token offering (STO) on its digital exchange, according to a statement. The bond has a six-month tenor with a coupon rate of 0.60 percent per annum. […]

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Retail Asia31/05/2021

Expanding on his keynote speech at the 7th Asia-Pacific Spectrum Management Conference, held from 24 May to 27 May 2021, Tide Xu, Chief Strategy Officer, Wireless Product Line at Huawei addressed a prevalent digital divide in the Asia-Pacific region and offered details on policy recommendations as countries chart a sustainable digital development in the 5G […]

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Retail Asia31/05/2021

AIRASIA Group Bhd’s non-airline digital travel and lifestyle platform is now considered one of the region’s top three online travel agencies (OTAs), while AirAsia’s e-wallet BigPay is set to become the first virtual bank and its delivery service Teleport is strengthening. During the group’s first quarter of 2021 (1Q21) financial performance announcement on May 27, […]

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Retail Asia19/05/2021

The bank has launched a digital wallet for businesses in Singapore, which enables them to send, receive and hold cash in multiple currencies. HSBC’s Digital Wallet, which aims to significantly reduce the time it takes for SMEs to make business payments, is also being launched in the U.K. and the U.S., with a pipeline of further markets […]

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Retail Asia11/05/2021

Digital channels dominated HSBC’s retail wealth management business in Asia, making up a dominant majority of sales in the unit. Nearly 80 percent of HSBC’s retail wealth sales were conducted through its digital channels, according to a statement from the bank. The strong adoption is driven by a multi-billion dollar push to expand HSBC’s wealth […]

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Retail Asia05/05/2021

Global payments giant Mastercard is in talks with various central banks with an eye on opportunities in central bank digital currencies. Amongst the central banks in discussion with Mastercard is the People’s Bank of China, according to a report citing APAC co-president Ling Hai. Circulation of central bank digital currencies (CBDC) outside of their home […]

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Retail Asia26/04/2021

The Monetary Authority of Singapore (MAS) discussed the creation of a common platform for international payment settlements that will be more efficient than current arrangements. While there is growing global interest in the issuance of Central Bank Digital Currencies (CBDCs) for domestic payments, multiple CBDC (m-CBDC) arrangements could lead to a significant improvement in the speed, cost […]

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Retail Asia20/04/2021

AirAsia Group plans to raise USD300 million to expand its digital business arm, AirAsia Digital, as it intensifies the diversification of its business to offset the COVID-19 crippling effect on aviation. Bloomberg, quoting “people with knowledge on the matter”, reported the low-cost carrier was negotiating with prospective investors for a fundraising deal that would involve the […]

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Retail Asia19/04/2021

South Korea, Asia’s fourth-largest economy, and Cisco, a worldwide leader in technology, announced the launch of a collaborative framework under Cisco’s Country Digital Acceleration (CDA) program to accelerate digitization across the country and power an inclusive recovery from the COVID-19 pandemic. The framework was introduced at a virtual event attended by Fran Katsoudas, Executive Vice […]

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Retail Asia11/03/2021

Gojek has joined rival Grab in backing Indonesian state-backed e-wallet company in its Series B funding round. Gojek’s joining as a strategic shareholder will provide LinkAja access to the Gojek ecosystem to support LinkAja’s mission in accelerating financial inclusion in Indonesia, LinkAja CEO Haryati Lawidjaja said in a statement. As part of the deal, the ride-hailing giant will […]

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Retail Asia05/03/2021

The COVID-19 pandemic, which has been going on for over a year, has increased our reliance on digital in our daily lives. This has an impact on the business sector, where enterprises are “forced” to adapt to focus on digital marketing strategies as consumer behavior shifts to digital and online. Therefore, the strategy of running […]

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