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Payment interoperability: The next step towards a digital Asean

GETTING PAYMENT platforms to “understand” each other, or to be “interoperable,” presents a huge opportunity to enhance intra-regional trade and business activity across Southeast Asia, and Thailand in particular. It is vital to a digital economy and Asean’s ‘Smart Cities’ aspiration which is essentially using technology and innovation to make cities more economically competitive and […]

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Alibaba expands cross-border e-commerce in Southeast Asia

BANGKOK — Alibaba Group Holding will launch a slew of projects in collaboration with Thailand’s government to support cross-border online trade by small enterprises and farmers, as China’s largest e-retailer makes further inroads in Southeast Asia. Jack Ma, Alibaba’s co-founder and executive chairman, visited Bangkok on Thursday to announce the launch of a distribution hub in Thailand’s Eastern Economic […]

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This photo illustration taken on March 26, 2018 shows the Grab booking application seen on a smart phone in Singapore. 
Singapore-based ride-hailing firm Grab announced on March 26 it has bought US rival Uber's business in Southeast Asia, ending a fierce battle for market share in the region. / AFP PHOTO / Roslan RAHMAN
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The dangers of a Grab monopoly

Ever since Uber sold its Southeast Asia-based businesses to rival Grab, social media has been abuzz with complaints against Grab. Complaints against the ride-hailing company were mostly about how fare prices have gone up since the merger. Many are saying that since Grab has now established a monopoly over ride-hailing in the region, it is […]

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