Innovation

Innovation

Innovation is a section of Tech and Education on investvine.com
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...
Skills upgrade for 13 million Thai workers needed: Expert

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Around 13 million people, or more than a third of Thailand’s 38-million-strong labour force, need skill upgrades, economic expert Kiatanantha Lounkaew, lecturer at the...
Japanese enter e-cash and online lending market in Indonesia

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Indonesia, a country where millions of people don’t have bank accounts and therefore cannot pay with other means than cash, is stepping up its...
Thailand-China high-speed train construction kicks off

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After quite a long discussion about payments details and technical responsibilities, the construction of the Thai-Chinese high-speed railway line eventually got started. The line...
Grab launches service in Cambodia, challenging Uber

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Singapore-headquartered ride-hailing firm Grab on December 19 launched its services in Cambodia, making it the eighth country in Southeast Asia the company is now...
Internet economy in Southeast Asia to grow to $50 billion this year

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The online economy is expected to grow substantially in Southeast Asia, a region which is already the world’s third largest in terms of the...
Malaysia prepares for cashless society

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Malaysia’s central bank has taken further steps to enhance its e-payment platform, paving the way towards a cashless society, reports say.  Bank Negara Malaysia...
Singapore taxi firm buys majority of local Uber unit

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Singapore’s largest taxi company ComfortDelGro Corp. said it bought 51 per cent of Uber Technologies’ Singapore car rental unit for $218 million and will...
Vietnam readies for “Industry 4.0” era

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Vietnam plans to digitise its economy and administration through its modern telecom and IT infrastructure in order "to succeed in the era of the...
China to assist Cambodia in setting up e-commerce ecosystem

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Cambodia and China signed a memorandum of understanding on November 10 to support the development of the country’s e-commerce business operations, according to a...
Singapore, Tokyo ranked Asia’s smartest cities

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Two Asian cities made it in the top-ten smartest cities in the world, according to the 2017 Smart Cities Index compiled by EasyPark Group,...
Singapore’s central bank chief thinks of fintech as “another hype”

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Singapore's central bank chief Ravi Menon warned against the wave of technology that's is currently disrupting the financial services industry, calling such "another hype"...
Vietnam issues full ban on Bitcoin and all other cryptocurrencies

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While the value of the digital currency Bitcoin is going through the roof – 1 BTC on November 3 hit the $7,462-mark in day...
First Philippine startup valued at more than $1 billion

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In what can be seen as a major milestone for the Philippine startup sector, an innovative Makati-based company creating prefabricated designer homes became the...
Indonesia sets safety standards for ride-hailing services

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The Indonesian government has set up regulations for all online ride-hailing operators and will require them to provide insurance for both drivers and passengers,...