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Laos Introduces Digital Border Fees

Laos Introduces Digital Border Fees

by Teuvo Tuomi | Dec 15, 2024 | Digitalization, Laos, News, Tourism, Travel

The Lao government has started digitally collecting LAK 10,000 (USD 0.46) from domestic and international tourists at international border checkpoints. The checkpoints have been transitioning to electronic payments via the “Easy Pass” system. This shift aims to...
Tairex Testing AI Hospital Platform

Tairex Testing AI Hospital Platform

by Teuvo Tuomi | Dec 3, 2024 | China, Asia, Digitalization, Innovation, News, Technology

A Chinese start-up from prestigious Tsinghua University has started internal tests of its virtual hospital platform powered by artificial intelligence (AI). The platform developed by Tairex, a company set up in September under the university’s Institute for Al...
Asia Pacific Leads in Noncash Transactions

Asia Pacific Leads in Noncash Transactions

by Teuvo Tuomi | Nov 21, 2024 | ASEAN, Asia, Banking, Business, Digitalization, Economy, Technology

Capgemini projects instant payments accounting for 22% of noncash transactions by 2028, the Standard Charters research institute reports. The Asia Pacific region is leading this trend with a 20% year-on-year increase in noncash transactions, outpacing growth in Europe...
Malaysia Leads in Online Revictimisation in Asia

Malaysia Leads in Online Revictimisation in Asia

by Teuvo Tuomi | Nov 20, 2024 | Malaysia, Digitalization, Reports, Society

Malaysia has the highest rate of online fraud revictimisation in Asia, with victims being retargeted over 2.5 times on average, according to the Asia Scam Report 2024 issued by the Global Anti-Scam Alliance. Hong Kong and Thailand rank second and third, respectively....
SEA’s Digital Economy Totals 122 Billion USD in 2024

SEA’s Digital Economy Totals 122 Billion USD in 2024

by Teuvo Tuomi | Nov 17, 2024 | ASEAN, Digitalization, Economy, News, Reports, Southeast Asia

Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report. This comprises digital financial services, e-commerce, travel, online media, food, and transport. Digital economy revenue for 2023 was US$78 billion in...
Thailand Aims to Become Digital Hub

Thailand Aims to Become Digital Hub

by Teuvo Tuomi | Oct 16, 2024 | News, Digitalization, Investment, Technology, Thailand

Thailand can potentially become a digital asset hub if strategic policies are implemented. Meanwhile, clearer regulations and greater institutional investment are driving the cryptocurrency market to new highs this year, according to the Thai Digital Asset...
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