Thailand Increases 2022 Budget by 20% for Digital Projects

Thailand Increases 2022 Budget by 20% for Digital Projects

The government of Thailand has just allocated THB 2.4 billion (USD 72 million) in fiscal 2022 for the implementation of six digital projects under the Thailand Digital Government Development Plan (2023-27). This represents an increase of one-fifth compared to the...
Singapore Launches the Precision Engineering Industry Digital Plan

Singapore Launches the Precision Engineering Industry Digital Plan

The Singapore government has unveiled a 3-stage digital roadmap for the precision engineering industry, called the Precision Engineering Industry Digital Roadmap (IDP). Overseen by Enterprise Singapore and the Infocomm Media Development Authority (IMDA) of Singapore,...
WeLab to Launch Digital Bank in Indonesia

WeLab to Launch Digital Bank in Indonesia

WeLab, a fintech startup from Hong Kong, has acquired a 24% stake in PT Bank Jasa Jakarta to set up a digital bank that is expected to be operational in the second half of 2022. WeLab has raised USD 240 million from existing and new investors to fund the acquisition....
UK, US Keen to Enhance Digital Economic Cooperation with Malaysia

UK, US Keen to Enhance Digital Economic Cooperation with Malaysia

The UK has expressed its interest to enhance economic cooperation with Malaysia especially in the field of digital economy in various matters, including education and information exchange, as well as research and development. This was conveyed during the meeting with...