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...
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...
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....
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...
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...
by Teuvo Tuomi | Oct 15, 2024 | Digitalization, ASEAN, Malaysia, News, Singapore, Southeast Asia, Technology, Thailand
Southeast Asia is emerging as an ideal region for tech operators to establish a data center base. Singapore, Malaysia, Thailand, Indonesia, and Vietnam are the top five countries. Singapore is the preferred destination for hosting data centers due to its superior...