Online payments
Thailand’s SCB invests $100 million in Indonesian online lender
Siam Commercial Bank (SCB), Thailand’s fourth-largest bank by assets, on February 15 announced that it is investing $100 million in Indonesian fintech startup Akulaku,...
Credit card fraud surges in the Philippines as Covid-10 lockdowns boost online payments
Credit card fraud in the Philippines skyrocketed 21 per cent since the Covid-19 pandemic started in early 2020, an industry group said. This is...
Gojek, Tokopedia merge in joint company, create $18-billion tech giant
Gojek co-CEO Andre Soelistyo (left) will lead GoTo, William Tanuwijaya remains Tokopedia CEO
Indonesian ride-hailing and e-commerce...
Indonesia’s Gojek maintains swift expansion drive
Indonesia’s ride-hailing-start-up Gojek, which since its launch in 2010 has grown into a diversified e-commerce unicorn, wants...
China to assist Cambodia in setting up e-commerce ecosystem
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...
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Proton enters electric vehicle market as distributor
Malaysian car maker Proton signed a deal with German-Chinese car brand Smart to distribute the latter’s electric vehicles in Malaysia and Thailand starting from...
Stories of the week
Jollibee keeps losing money in Vietnam
Philippine fast food and convenience restaurant group Jollibee Foods has troubles to stay afloat in Vietnam where it opened its first stores a while...