Innovation

Innovation

Innovation is a section of Tech and Education on investvine.com
Singapore sees inflation in ride-hailing apps

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The launch of two new ride-hailing apps brings the current number of such companies in the small city state of Singapore to five. The...
Grab to launch e-cash and Big Data-based micro lending in Thailand

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Ride hailing company Grab in its drive to expand in the financial services sector is planning to launch e-cash and micro lending in Thailand,...
Thailand’s growth forecast hiked to 4.5%, but substantial challenges remain

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Thailand’ finance ministry raised this year’s GDP growth forecast for the country to 4.5 per cent from an earlier 4.2 per cent on the...
Go-Jek confirms expansion to Thailand, Philippines, Vietnam, Singapore

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Indonesia's homegrown ride-hailing app Go-Jek on May 24 confirmed earlier reports that it will launch its services in four other Southeast Asian countries as...
Vietnam’s fintech market to reach $7.8 billion in value by 2020

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As financial technology startups, or fintechs, keep disrupting Vietnam’s financial services industry, their market value is expected to reach $7.8 billion in just two...
Bangkok motorbike taxi drivers protest ride hailing startups

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Hundreds of motorbike drivers staged a street protest on May 17 in downtown Bangkok in front of the office of GoBike, a Thai motorbike...
Three Vietnamese cities added to proposed ASEAN smart cities network

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Hanoi, Ho Chi Minh City and Da Nang in Vietnam will be part of the network of smart cities in the Association of Southeast...
Alibaba commits to $320-million investment in Thailand

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Alibaba Group on April 20 signed an agreement as scheduled with the Thai government to build a “Smart Digital Trading Hub” in the country,...
Data mining of 1.18 million Filipino Facebook users under scrutiny

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The National Privacy Commission of the Philippines is investigating an alleged data breach involving UK data mining firm Cambridge Analytica which is suspected of...
Go-Jek readies to enter Philippines, Thailand, Vietnam and Singapore

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Indonesia’s highly popular ride-hailing service Go-Jek is close to its a number of announcements that it will expand within Southeast Asia and enter the...
Singapore Airbnb hosts get hefty fines for illegal letting in first case in the city state

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In the country’s first such case, two Singaporean Airbnb hosts were fined 60,000 Singapore dollars ($45,800) each for violating the country's rules on short-term...
After Singapore, Malaysia and Philippines put Grab on competition watchlist

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Just days after the Competition Commission of Singapore suspected that Southeast Asia’s leading ride-hailing app Grab has infringed the country’s Competition Act by purchasing...
Thailand wields the tax axe over crypto investors

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Thailand is planning to tax investors in digital currencies such as Bitcoin at a heavy rate in one of its latest attempts to regulate...
Thai billionaire buys e-commerce portal Tarad, heating up competition

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Thai beverage, property, industrial, agriculture and retail conglomerate TCC Group said it is acquiring a majority stake in Tarad.com, a leading domestic e-marketplace operator...
Alibaba’s to reveal investment roadmap for Thailand

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Jack Ma, founder and CEO of China's e-commerce giant Alibaba Group will visit Thailand in April to announce the company’s investment plan in connection...
Uber retreats from Southeast Asian market, sells to Grab

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Uber on March 26 sold its entire Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemoths and marking the...
Mercedes to expand car battery production in Thailand

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German car builder Mercedes-Benz announced on March 14 that it will invest around €100 million ($123 million) jointly with its Thai partner Thonburi Automotive...
Singapore beats London, New York, San Francisco as best smart city

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Singapore tops the list of the world's best performing smart cities ahead of London, New York, San Francisco and Chicago in a new study...