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The Philippines is continuing to bank on e-commerce and digital economy to speed up its economic recovery in the post COVID-19 pandemic period. With the brick and mortar businesses hit by the global pandemic and lockdown measures, Commercial Attache at the Philippine Trade and Investment Centre in Kuala Lumpur (PTIC), Katrina Banzon said e-commerce sectorRead more

The Ministry of Electronics and IT (MeitY) has chalked out a 1,000-day agenda, aiming to make India a $1 trillion digital economy over the next few years. This comes amid a change of guard, with Ashwini Vaishnaw taking over as Union minister for electronics and IT, along with Rajeev Chandrasekhar as minister of state. KeyRead more

Spain is “lagging behind” when it comes to the general population’s digital skills, especially women, the country’s Secretary of State for Digitalisation and Artificial Intelligence told Euronews Next. Speaking on Tuesday at the Mobile World Congress 2021 in Barcelona, Carme Artigas said the Spanish government was tackling the country’s skills shortage head on. “Women areRead more

The United States has asked European countries to delay a proposed digital services tax, according to documents reportedly seen by the AFP news agency. Anonymous diplomatic sources told AFP that Washington put its case to selected European capitals, arguing the proposed digital tax could derail work on a planned global minimum tax rate. The newRead more

Digital trade can accelerate economic recoveries by lowering transaction costs and accelerating time-to-market. For small and mid-sized enterprises in particular (SMEs), it can mean the difference between expanding into global markets or remaining a purely domestic business. South East Asian countries are in an excellent position to realise the benefits of embracing digital trade. TheyRead more

Chinese companies are accelerating their digital transformation and deploying cloud computing, big data and innovative technologies, in order to achieve sustainable growth and stay competitive, according to a new report released by global consultancy Accenture. The report said 16 percent of interviewed companies can be designated as “Digital Transformation Champions”, which have generated more thanRead more

The Asean Economic Ministers (AEMs) and their dialogue partners have renewed regional economic diplomacy, committing to intensify global efforts to ensure vibrant growth and resilient recovery against the Covid-19 pandemic. Senior Minister Datuk Seri Mohamed Azmin Ali, who is also Minister of International Trade and Industry (Miti), said the commitment was made at the AseanRead more

The Communications and Multimedia Ministry (KKMM) will carry out a transformation on the role of community Internet centres by making them to focus more on digital economy to help the people generate income. Its minister Tan Sri Annuar Musa said the ministry would work with telecommunication companies for the purpose, while the Malaysian Digital EconomyRead more

CAMBODIA has introduced new rules and procedures governing value-added tax (VAT) on goods and services provided via e-commerce for non-residents. Its Ministry of Economy and Finance issued the new rules earlier this month and they primarily target e-commerce transactions between Cambodian taxpaying consumers and non-resident sellers active in Cambodian territory but do not have permanentRead more

Malaysia’s top investment destination aims to build a robust digital ecosystem by 2025 that will empower businesses, nurture local talent and attract technology leaders from the world over. Selangor has been Malaysia’s top investment destination for three years running, having received RM18.4 billion (S$5.9 billion) in foreign and domestic investment in the manufacturing sector inRead more