VNPT has urged the government to adjust regulations for IoT, cloud, big data, and AI service development in Vietnam. This could benefit various sectors but may also lead to state influence and limited competition in the telecoms sector. Overall, the IoT market in Vietnam is expected to develop slowly. Latest Development: State-owned operator VNPT has […]
Despite PM Modi’s popularity, concerns remain about his ability to push through reforms in a third term. BJP is expected to win the 18th Lok Sabha elections. Key View We expect PM Modi and the Bharatiya Janata Party to score another landslide win at the upcoming 18th Lok Sabha elections due in mid-2024. However, PM […]
Preliminary data from November 15 shows the Japanese economy shrinking by 0.5% q-o-q (-2.1% annualised, +1.2% y-o-y), in line with expectations and marking the first output fall of the year. Latest Development: Preliminary data published on November 15 showed the Japanese economy shrinking by a seasonally-adjusted 0.5% q-o-q (-2.1% annualised, +1.2% y-o-y). This was broadly […]
ZaloPay partners with Gojek to offer on-demand food delivery through the Gojek app in Vietnam and Southeast Asia. The Latest: On November 14 2023, the Vietnam-based online payment platform ZaloPay announced a partnership with the Indonesia-based Southeast Asian superapp Gojek to allow users to utilise ZaloPay for on-demand food delivery services from the GoFood service on […]
Indonesia’s mobile network operators are partnering with the Ministry of Communication and Informatics to propose incentives for faster 5G deployment. However, regulatory charge amendments are unlikely to significantly improve profitability. Despite challenges, organic revenue growth is seen as more promising than 5G deployment. Latest Development: Mobile network operators (MNOs) active in Indonesia’s telecoms market have partnered […]
Indosat Ooredoo Hutchison partners with Setara Networks to offer zero-fee instant transactions on its apps, potentially impacting commercial banks in Indonesia’s digital payments market. Users must register phone number and this may attract new users and increase monetization. The Latest: Indosat Ooredoo Hutchison (IOH) has announced its collaboration with Setara Networks (Tara), the parent company […]
Central Pattana announced a THB20bn investment in a new development in downtown Bangkok, including an office building and shopping center set to open in Q225 and Q325. It is part of the larger Dusit Central Park mixed-use development. The Latest: In October 2023, Central Pattana, Thailand’s largest retail property development company, announced a THB20bn (USD541mn) investment […]
Chinese eVTOL manufacturer EHang has received authorization to commercially fly passengers in its unmanned aerial vehicle (UAV), making it the world’s first unmanned two-passenger eVTOL cleared for commercial use. The company has received 1,200 order requests for its EH216 electric aircraft and is estimated to generate $432 million in revenue from these orders. The success […]
