Digital Economy stories
SHEIN’s digital market share, app strength make the case for IPO
Last week
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ecommerce
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cleantech
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sustainability
As SHEIN mulls a potential IPO in London, its digital dominance and robust app engagement position the fast-fashion brand strongly amid criticism.
ASEAN-6 MSMEs boost e-commerce exports with Amazon help
Last week
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digital economy
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msmes
A report by Amazon Global Selling highlights the challenges and opportunities for ASEAN-6 MSMEs, predicting their e-commerce export revenue could soar from USD $18.9 billion to USD $30.4 billion by 2028.
Trump victory boosts trading activity on Tiger Trade platform
Last week
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fintech
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elections
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digital economy
Donald Trump's election victory has sparked a trading frenzy across Asia-Pacific markets, with volumes on Tiger Trade soaring by up to 96%.
Indonesia AI Day 2024 to boost AI sovereignty vision
Last week
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breach prevention
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ai
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collaboration
Indosat Ooredoo Hutchison is set to host 'Indonesia AI Day 2024' on 14 November in Jakarta, focusing on AI Sovereignty and its economic impact.
IDnow unveils QTSP partnership with IDnow Trust Services AB
This month
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digital economy
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service provider
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trust
IDnow has partnered with IDnow Trust Services AB, a newly certified Qualified Trust Service Provider, to enhance digital signature solutions across the EU.
EBANX’s expansion strategy drives financial inclusion in emerging markets
This month
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digital economy
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global expansion
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xtransfer
EBANX, founded in Brazil, is championing financial inclusion in emerging markets by connecting global businesses with local consumers across 29 countries.
Westcon-Comstor to distribute Cloudflare solutions in Asia
Last month
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digital transformation
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cybersecurity
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westcon-comstor
Westcon-Comstor has partnered with Cloudflare to distribute security and connectivity solutions across Indonesia, Malaysia, and Singapore.
UK STEM productivity hampered by limited AI tool access
Last month
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ai
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software development
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productivity
A study reveals the UK’s STEM workforce is losing GBP £64 billion annually due to limited access to advanced AI tools, impacting productivity significantly.
Indosat reports 11.6% revenue increase, bolsters AI efforts
Last month
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uc
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cx
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dei
Indosat Ooredoo Hutchison reports a 39.1% rise in profit, reaching IDR 3,878 billion, driven by operational excellence and strategic investments.
Scott Armul promoted to EVP at Vertiv for 2025
Last month
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ai
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leadership
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vertiv
Vertiv has promoted Scott Armul to Executive Vice President of Global Portfolio and Business Units, effective 1 January 2025, to lead growth strategies.
Prospa launches tools for New Zealand SMEs to enhance growth
Last month
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commerce commission
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prospa
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digital economy
Prospa has launched new financial tools for SMEs, including Bill Pay and expanded loan limits, to ease the pressures on small business owners in New Zealand.
Australia's data centre investment to exceed $26bn by 2030
Last month
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hyperscale
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dc
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cleantech
Investment in Australian data centre capacity is projected to surpass AUD $26 billion by 2030, driven by soaring demand for digital services.
Australia's tech workforce surpasses one million in 2024
Last month
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acs
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digital economy
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ai adoption
Australia's tech workforce has exceeded one million in 2024, a 60% increase since 2014, highlighting the need for 1.3 million workers by 2030.
HCLTech posts strong Q2 growth, highlights AI successes
Last month
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uc
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genai
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ai
HCLTech has reported a 6.8% revenue increase to USD $3.4 billion for Q2, driven by growth in its software business and strong GenAI solutions.
Recorded Future unveils AI tools to combat ransomware
Last month
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ransomware
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cybersecurity
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threat intelligence
Recorded Future has unveiled new AI-driven tools aimed at providing real-time intelligence to help organisations combat the rising threat of ransomware.
Tata partners with Palo Alto for global cybersecurity solutions
Last month
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firewalls
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digital transformation
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network security
Tata Communications has teamed up with Palo Alto Networks to deliver advanced cybersecurity solutions tailored for global enterprises amid rising cyber threats.
Sify upgrades network to 600G using Ciena technology
Last month
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ai
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cloud services
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ciena
Sify Technologies has deployed Ciena’s optical technology to enhance its network capacity to 600G, bolstering connectivity for India's digital landscape.
Cook Government funds six startups in AUD $7.2m programme
Last month
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r&d
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agriculture
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digital economy
The Cook Government has unveiled its AUD $7.2 million Nature Tech Accelerator, offering seed funding to six startups focused on climate innovation.
UiPath & Indosat partner to boost digital skills in Indonesia
Last month
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rpa
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ai
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collaboration
UiPath and Indosat Ooredoo Hutchison have announced a partnership to train 100,000 Indonesians in enterprise automation skills by 2027.
Goodman completes third data centre at Tsuen Wan West
Last month
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hyperscale
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dc
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ai
Goodman Group has completed a third data centre at its Tsuen Wan West campus in Hong Kong, enhancing capacity to 225MW for burgeoning digital demands.