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The AsiaForward Startup Day: Exchanging Asia’s brightest ideas organised by Alibaba partner, Handsprofit Sdn Bhd, aims to accelerate digital transformation for local small and medium enterprises (SMEs) and startups in growing their businesses via cloud infrastructure on March 24. According to Tham Lih Chung, executive director of Handsprofit Sdn Bhd, the pandemic has accelerated digitalRead more

The Digital Penang Fintech Hackathon, a collaborative initiative of Digital Penang with its partners Finexus and Touch ‘n Go Digital, was a success. In a statement, the Penang-based government agency said the hackathon was held virtually for two months from November to December 2021 with 35 teams across Malaysia creating a fintech digital product onRead more

The digital economy is influencing the global economy. According to IDC, the output value of the digital economy will account for 62% of the global GDP by 2023, when the world will enter a new era of digital economy in an accelerated way. China’s 14th Five-Year Plan (2021-2025) clearly proposes to “strengthen overall planning forRead more

Malaysia Digital Economy Corporation (MDEC) and Malaysian Technology Development Corporation (MTDC) have partnered to further catalyse the growth of Malaysian tech companies. Both parties plan to co-develop technology-based entrepreneur development programmes as well as in the promotion of digital technologies and their adoption among startups and MSMEs and SMEs. They also seek to open upRead more

Malaysia’s Ambassador to the United Arab Emirates (UAE) and the Consul-General of Malaysia in Dubai have been recalled by the Foreign Ministry (Wisma Putra) for failing to coordinate administrative and logistical matters during Prime Minister Datuk Seri Ismail Sabri Yaakob’s visit to the UAE late last month. According to a statement from Wisma Putra onRead more

KSI STRATEGIC Institute for Asia Pacific has called on the ICT industry to invest more resources in creating comprehensive security and quality systems for communications networks and reliable standards against which to assess them. The research institute believes the ICT industry should develop globally accepted, industry-led, security standards along with best practices, security assurance solutionsRead more

“At the same time, the digital economy in India is being pegged at USD 85-90 billion in the calendar year of 2020 and that will see an exponential rise to USD 800 billion by 2030. They should be reaching USD 800 billion in the backdrop of increased internet penetration, rising incomes and also the youngRead more

A recent industry report has highlighted China’s impressive advances in computing power, ranking the country as one of the best among major economies in the field. The report, jointly released by the Tsinghua University, the International Data Corporation and Chinese IT firm Inspur Information, comprehensively assesses the computing power, efficiency, application and infrastructure of 15Read more

SINGAPORE is charging ahead with green and digital economy agreements and is keen to work with Asean members to leverage new opportunities that will emerge from these fields in the coming years. On the digitalisation front, strengthening digitalisation among Asean members is key. Digital trade documentation, for instance, is an important facility that will allowRead more

The global digital economy is developing rapidly, and over 50% of global GDP will be digitalized in 2022. Many countries and regions, like China, South Korea, and the EU, have already announced huge investment plans for the digital economy. As ICT infrastructure providers, operators will play an increasingly important role in leading the development ofRead more