Indosat Ooredoo and Hutchison Tri Indonesia Officially Merge

Indosat Ooredoo and Hutchison Tri Indonesia Officially Merge

Feb 17, 2022

PT Indosat Tbk and PT Hutchison 3 Indonesia have officially merged as Indosat Ooredoo Hutchison in January 2022. The merger is intended to create a new world-class digital telecommunications and internet company for Indonesia. As the second-largest cellular...
Thailand Increases 2022 Budget by 20% for Digital Projects

Thailand Increases 2022 Budget by 20% for Digital Projects

Jan 19, 2022

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

Jan 19, 2022

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

Jan 18, 2022

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....