Digital Transformation
IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains
International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its affiliate LFX to support small and medium-sized enterprise (SME) growth and digitalization in Asia's supply chains.
Malaysia’s MDEC to introduce new Malaysia Digital incentives
Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.
BW Digital partners Citramas to build data center in Indonesia
BW Digital, a member of BW Group and headquartered in Singapore, and Citramas Group, an Indonesia-based conglomerate, have on Monday announced the signing of a memorandum of understanding (MoU) for the joint development of a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia.
US’s Vantage Data Centers secures $64M loan from top Taiwanese banks
Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank to fund the development of the company's first data center in Taipei, Taiwan (TPE11).
Creating advantage in uncertainty
The business environment is becoming increasingly challenging, with a fast-changing macroeconomic environment, growing pressure around climate change and sustainability, market volatility, and supply chain disruptions – to name just a few issues. No matter the sector, companies must mitigate these macro risks while still investing in their businesses to…
MDEC partners BMCC to bolster digital trade and economic cooperation between Malaysia and UK
British Malaysian Chamber of Commerce (BMCC) and the Malaysia Digital Economy Corporation (MDEC) have on Thursday announced the signing of memorandum of understanding (MOU) in a move to bolster digital trade and economic cooperation between the United Kingdom and Malaysia.
Roadmap for 2024: Infrastructure growth, cyber threat vigilance, and sustainable monitoring practices
As businesses increase the number of systems in their IT networks, improved visibility, customization, and greater levels of control across IT infrastructures will become progressively more important. Given that it is impossible to keep up with every new product launch in today’s age of technological innovation, the ability to extend the capabilities of…
Southeast Asia’s digital economy will contribute 56% to its GDP by 2027 : Una Financial
Southeast Asia’s digital economy will contribute 56 percent to its gross domestic product (GDP) by 2027, with digital payments taking the lead (61.5 percent), said UnaFinancial on Tuesday. In 2027, the gross value added (GVA) of the digital economy in Southeast Asia is expected to reach $2.35 trillion, increasing by 45 percent (+$732 billion) compared to…
Maxis and Public Bank collaborate to further accelerate digital adoption among Malaysian SMEs
Malaysian telecommunication firm Maxis and lender Public Bank Bhd. are collaborating to further accelerate digital adoption among Malaysian small and medium enterprises (SMEs). Through the collaboration, which was formalized during a Memorandum of Understanding (MoU) exchange ceremony, both companies will embark on a joint awareness program to promote…
Singtel adds Starlink connectivity to its maritime portfolio of services to drive industry innovation and growth
Singapore Telecommunications Limited, commonly known as Singtel, announced Friday that it has added Starlink connectivity to its maritime portfolio of services to drive industry innovation and growth.
