The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in China and India is weighed down by both external and domestic factors. In a supplement to its Asian Development Outlook 2019 Update released in September, ADB now expects GDP in the region […]
Read MoreGRAB is turning up the heat in the payments competition, launching GrabPay Card to tie in its ambition to drive an Asean wallet for borderless payments by the rising middle class. The virtual GrabPay Card – which allows users to spend from the GrabPay wallet on a card – was made available in Singapore for […]
Read MoreTWO international tech firms will work together on the artificial intelligence (AI) ecosystem in South-east Asia, under a pact announced on Thursday (Dec 5). Chinese tech giant Huawei’s cloud services unit and the regional arm of San Francisco-based startup Skymind plan to offer strategic and technical expertise on smart city innovations, starting with projects in […]
Read MoreSmall but not slow, SMEs (Small and Medium Enterprises) in Southeast Asia (SEA) are quickly adopting new technologies to lower the barrier of entering markets and catch up with more prominent players – much like their enterprise counterparts. Lean, agile teams that are free from the burden of legacy infrastructure are nimbly adopting off-the-shelf, innovative technology in their […]
Read MoreBangkok-based startup Infofed has received JPY 5 million ($45,700) from Japanese gaming media company GameWith, with a plan to expand in several Southeast Asian countries, including Laos. Founded in 2015, Infofed provides a one-stop solution for game providers, consumer brands, and esports communities through its online and offline platforms. The company operates eArena, an online platform for professional […]
Read MoreGreater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to strengthen cooperation in tourism and attract more tourists to each […]
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Thailand
