Go-Jek Expanding Financial Services, Food Delivery in Thailand

Jul 1, 2019

Indonesian ride-hailing app Go-Jek will offer more financial services and expand its Thai food delivery business following an investment of an undisclosed amount from Siam Commercial Bank (SCB), Thailand’s largest bank.  Kasikornbank, another large Thai banking...

Ho Chi Minh City Collaborates with UK for Smart Ticket System

Jul 1, 2019

On July 17, Ian Gibbons, Consul General of the UK in Ho Chi Minh City (HCMC) and Le Hoa Binh, director of the municipal Department of Construction for HCMC signed a Memorandum of Understanding for smart city development. As part of this agreement, the UK Consulate...

Blockchain Firm Secures Contract for Logistics Project in Indonesia

Jun 1, 2019

Indonesia’s Ministry of Trade has signed an MoU with Singaporean blockchain firm PLMP Fintech, Central Distribusi Batam and the Agency for Free Trade Zone and the Free Port of Batam. According to a press release, the partnership is meant to revolutionize the country’s...

Oracle Launches Cloud Solution Hub in Malaysia

Jun 1, 2019

Oracle has launched a new Cloud Solution Hub in Kuala Lumpur to help organizations of all sizes, particularly Small and Medium Enterprises, to benefit from technologies such as Blockchain, Internet of Things (IoT), Machine Learning, Artificial Intelligence, Data...

BSP: Philippine Banks Capitalizing on Fintech to Reach Greater Scale

Jun 1, 2019

The central bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) highlighted in its latest Banking Sector Outlook Survey (BSOS) report that majority of local banks are optimizing the use financial technology in the next two years as a strategy to enhance...