Innovation

Innovation

Innovation is a section of Tech and Education on investvine.com
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...
Malaysia getting closer to high-income status, says IMF

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The International Monetary Fund (IMF) in its latest country report on Malaysia concluded that the nation is "well on its way to achieving high-income...
Inspired by Venezuela, Cambodia said to mull own cryptocurrency – officials deny

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A Cambodian firm is expected to announce on March 7 that it will launch the country's own cryptocurrency called "Entapay" at the 2018 ASEAN...
Indonesia’s ride-hailing app Go-Jek considers stock listing

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Indonesian start-up Go-Jek is considering an initial public offering (IPO) in Indonesia and possibly at another exchange in the region, the company's president Andre...
Thailand dreams of 100 smart cities

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As a part of its Thailand 4.0 initiative - a plan to transform Thailand's economy into a digitally powered ecosystem - the country has...
Vietnam’s start-up scene thrives, funding almost doubles

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Vietnamese start-ups received $291 million in funding last year, an increase of 42 per cent over 2016, according to a recent report by Topica...
Malaysia’s GDP growth this year seen at 5.2%, lower than 2017

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Malaysia is expected to maintain a robust economic momentum but will grow slower than last year, according to estimations by Moody's Investors Service issued...
Thailand’s first cryptocurrency offering underway

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Thailand's first initial coin offering (ICO) of a cryptocurrency issued by a listed company was launched on February 14 despite unclear regulations with regards...
Jakarta startup digitises street vendors with WiFi, smart tech

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An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections...
Google invests in Indonesia’s ride-hailing platform Go-Jek

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Google is the next big-time investor in Indonesian ride-hailing firm Go-Jek, a move that is part of Google's ambition to grow Indonesia's digital economy...
Singapore job market declined for the first time in 14 years

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Singapore's total working population, excluding foreign domestic workers, shrank for the first time since 2003 by an estimated 10,700 last year, according to preliminary...
Cambodia turns into Bitcoin hub of Southeast Asia

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Skeptically observed by the country’s central bank, Cambodia is increasingly becoming a regional center for Bitcoin and other cryptocurrencies both in terms of trading...
Foreign startup founders flock to Vietnam

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Vietnam’s vibrant startup scene is not only fostering a new class of domestic entrepreneurs, it is also attracting a growing number of foreigners who...