Cybersecurity as a key task in digital transformation underscored in Vietnam Security Summit 2020
“Cybersecurity in the AI and big data era” is the theme of this year’s Vietnam Security Summit hosted by the Party Central Committee’s Economic Commission and the Ministry of Information and Communications. The Commission’s Vice Chairman Nguyen Duc Hien highlighted the critical role of cybersecurity to ensure a successful and sustainable digital transformation. He further remarked that the two are inseparable. […]
Singapore Space & Technology and SpaceBelt Bring Innovative Space Technology to Asia
Space technology for secured data storage services comes to Asia thanks to the collaboration between SpaceBelt Pte. Ltd., a subsidiary of Cloud Constellation Corporation and Singapore Space & Technology Ltd (SSTL). The SpaceBelt Data Security-as-a-Service (DSaaS) can offer both businesses and the government in the region an innovative cybersecurity platform. The space-based managed global cloud connectivity can help protect critical information and sensitive data bypassing traditional terrestrial communications.
The Growing Scene: Outsourcing In Asia
As technology and communication processes see the light of innovation, the infrastructure for business operations has been continuously evolving. One innovation shaping how businesses operate is outsourcing to Asia. Business outsourcing in Asia optimizes the use of an organization’s resources without sacrificing the quality of work, services, and products delivered. Tapping into the vast outsourcing […]
Innovation Summit World Tour 2020: Schneider Electric calls for East Asia to embrace digital solutions and technologies
Digital transformation leader Schneider Electric held its Innovation Summit World Tour 2020 for East Asia through a virtual event focusing on “Building a more resilient and sustainable future”. Southeast Asia is forecasted to be the 4th largest economy globally by 2030. Digitization is considered a key solution to accelerate and sustain the region’s rapid economic expansion while adapting to the […]
Philippine IT-BPM workforce to remain stable amid pandemic
IT-BPM in the Philippines will unlikely achieve the industry growth forecast of 3.5% to 7.5% in the next 3 years because of the impacts of the pandemic. Despite this, the labor requirements in the country’s IT-BPM industries and companies are seen to remain stable. The industry currently operates at 95% productive capacity through a mix of service delivery methods. These are some of […]
Malaysia’s Petronas approves additional USD2.4 billion government payout to battle COVID-19
Petroliam Nasional Berhad (Petronas), Malaysia state oil firm, approved another RM10 billion dividend to the government to support in the fight against COVID-19. Petronas originally pledged to pay RM24 billion to the government, its sole shareholder, this year. The committed dividends were already paid. The additional dividend will be remitted by end of November.
Digital-First Banking News: Zelle Exceeds 1B P2P Payments; China’s Digital Yuan Tests Process 4M+ Transactions
Here are some highlights in digital-first banking. Zelle, Arizona-based digital payments network, crossed over the one-billion transaction mark for peer-to-peer (P2P) payments. The pandemic resulted for the higher demand for this payment method. China’s testing of the digital yuan performed well according to a published report. There were over 2 billion yuan used in over 4 million […]
Crisis and Future of the Regime Stability in Southeast Asian Countries
The disruption towards economies and businesses currently experienced in the world this year is different compared to the Great Depression in 1929 and the Global Financial Crisis in 2008, because it is caused by a new type of disease that is COVID-19. It challenges the capability of governments to deal with both the tremendous health costs and the economic […]
Entrepreneur-turned-author says artificial intelligence is the future of how we work
Maulik Parekh, author of Futureproof your Company and Career, advised Philippine businesses of the need to accept the more prevalent use of Artificial Intelligence (AI) for work soon. He underscored AI’s capabilities and how it will inevitably change the corporate landscape. He also suggested that businesses must start acquiring “digital native” talent who are mostly millennials and Gen Z. These are the individuals with […]
Event encourages support from overseas business community for HCM City’s development
A conference was held to celebrate the 11th HCM City Party Committees Congress and the 16th Anniversary of the Vietnam Entrepreneur’s Day. The theme of the event was to promote the strength of the overseas business community to aid in the development of Ho Chi Minh City. The hosts were the Ho Chi Minh City Chapter […]
