by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology
The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
by Teuvo Tuomi | Jun 22, 2024 | Thailand, Digitalization, Environment, Infrastructure, News, Reports
Phuket has been ranked the top province-based smart city in Thailand. At the same time, the Wang Chan Valley in Rayong province was named the leading city-based smart area in the country, according to the Thailand Smart City Competitiveness Index 2023. The index...
by Teuvo Tuomi | May 22, 2024 | ASEAN, China, Digitalization, Lifestyle, News, Technology, Thailand
The Bank of Thailand (BOT) is accelerating its efforts to expand the digital payments ecosystem, aiming to make transactions more accessible and convenient for both Thai citizens and foreign visitors. A key focus of the BOT‘s initiative is the establishment of...
by Teuvo Tuomi | May 2, 2024 | Business, Digitalization, Economy, Indonesia, Investment, News, Visions
Microsoft will “invest US$1.7 billion over the next four years in new cloud and AI infrastructure in Indonesia, as well as AI skilling opportunities for 840,000 people, and support for the nation’s growing developer community,” the company says. Indonesia’s...
by Teuvo Tuomi | Dec 11, 2023 | ASEAN, Digitalization, Southeast Asia, Technology
Southeast Asia is shifting toward digital payments and other innovations in digital services, thanks to an acceleration in digital transformation during the pandemic, accounting and consulting firm PwC reports. Widespread mobile ownership, together with rapid...
