Southeast Asia E-commerce Business Intelligence
February 25, 2018
February 23, 2018
HO CHI MINH CITY LOOKS TO IT FOR BETTER ADMINISTRATION
To lay the foundation for turning into a smart city, Ho Chi Minh City continues to encourage the use of information technology in administration with a focus on e-governance. As soon as it unveiled plans to become a smart city in 2017-20, the city began to work with IT and technology companies to usher in changes.
In the last few months, it has been working on a shared database, an open database eco-system, a simulation centre to forecast socio-economic strategy, an operation centre to exploit information and data to enable authorities to achieve comprehensive management, and a centre for information safety and suggesting technologies for building a smart city.
The city continues to consider e-governance at all levels. It has created digital links between many agencies and departments to enable them to share documents, enable the use of e-signatures by officials and end the use of printed documents. [Read more]
March 2017 - Present
Creation of an European Procurement Share Service Center for 1000 Points of Sales of a big Car repair Network.
France & Belgium
April 2017 - Present
Design the 5 years IT orientations which will support a agricultural company's international strategy.
Strategic review for the financial SSC of an agricultural company.
April 2016 - Present
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
February 20, 2018
DIGITAL ID PROJECT TO BOOST ONLINE TRANSACTIONS
Thailand government is steering work on a National Digital Identity (Digital ID) project to increase the range of digital transactions and reduce fraud in onlinepayment channels.
The Electronic Transactions Development Agency (ETDA) expects that it will have around 10,000 Digital ID registrations under the first phrase of the project. The agency has signed a memorandum of understanding with Omise to develop the Digital ID platform as a means of enabling Thais to more securely identify themselves when making online transactions. The project will make use of a number of means such as facial recognition, a one-time password and fingerprint recognition.
The National Digital ID Platform will have open and intermediary infrastructure that provides online service providers with standard ways to identify and authenticate their subscribers or customers using existing digital identifications, ETDA said. [Read more]
February 22, 2018
PRIMER PARTNERS WITH AUB FOR WECHAT PAY
ASIA United Bank (AUB) recently added the Primer Group of Companies, an ever expanding retail and distribution company of the world’s top and premium consumer brands and industrial products, to its roster of accredited merchants for mobile payment facility WeChat Pay.
WeChat Pay is the mobile wallet inside Chinese social messaging app WeChat, which allows Chinese tourists in the Philippines to make cross-border payments. Launched in the Philippines for the first time by AUB last November, WeChat Pay is a fast, secure, and convenient way to pay for shopping, dining, hotel and airline bookings, and other tourism-related activities of the Chinese, now the second largest inbound tourists in the country. [Read more]
February 22, 2018
LAZADA CUTS COMMISSION TO ATTRACT MORE LOCAL E-COMMERCE ENTREPRENEURS
Lazada Malaysia has implemented a zero per cent commission rate to all local sellers for products sold in the Fashion category, and a two per cent commission rate applicable to all other categories, excluding electronics and home appliances.
The new measure introduced by Lazada Malaysia would empower new and existing sellers to focus in building their online presence, reaching out to over 30 million Malaysians and taking charge of their income, all on-the- go.
With this announcement today, new and existing sellers on Lazada Malaysia are expected to be even more successful for products sold via the platform. [Read more]
February 22, 2018
MALAYSIA YOUTH AND SPORTS MINISTRY PARTNERS UP WITH DIGI FOR CASHLESS PUSH
The Ministry of Youth and Sports (KBS) has formed a partnership with Digi Telecommunications (Digi), bolstering its move into the cashless transactions space. Moving forward, KBS will be one of the first arms of the government to implement a cashless payment solution within its bureau.
The ministry will be adopting vcash as its choice for cashless transactions, which is offered by Digi in partnership with Valyou. Vcash is a mobile payment application that looks to offer Malaysians an easy, more convenient way to pay, send, request and store money in their smartphones. It is also a service which is available across all telco operators and focuses on being safe, convenient, trackable and effortless for youths to adopt and use. [Read more]
February 19, 2018
SINGAPORE TO INTRODUCE GST ON IMPORTED DIGITAL SERVICES
Singapore will implement a new GST (Goods and Services Tax) on imported services, including video and music streaming services, purchased from overseas suppliers that do not have local establishments.
The move would ensure the country's tax system "remains fair and resilient in a digital economy", said Finance Minister Heng Swee Keat, during his speech detailing the national budget for 2018.
Slated to take effect from January 2020, the new GST would apply to services such as consultancy and marketing as well as downloaded apps and music purchased from overseas that, today, were not subject to the tax. This tax, however, would not apply to e-commerce transactions, which the Singapore government would continue to review before determining how it would proceed on this, Heng said. [Read more]
February 19, 2018
TALAD PLATFORM OFFERS SME LOANS BASED ON INVOICE COLLATERAL
Talad Invoice, a lending platform initiated by a fintech startup, is expected to grow at an exponential rate this year, following two years of peer-to-peer lending using invoices as loans collateral, said Watewiboon Pumipue, chief executive officer of D90 Capital Co, which operates the financial platform.
Loans have reached Bt30 million since the Talad Invoice platform was launched in late 2016, he said. “We expect lending to reach Bt1 billion this year and we already have Bt100 million in the pipeline,” said Watewiboon.
The company will also next month expand its business to Vietnam. Talad is designed to solve the issue of cash shortages experienced by small and medium-sized enterprises (SMEs), which are usually viewed by commercial banks as high risk clients. Low credit ratings lead to limitations for SMEs seeking loans from banks and other financial institutions. [Read more]
February 22, 2018
POSB, MIGRANT WORKERS' CENTRE ROLL OUT MEMBERSHIP PROGRAMME FOR MIGRANT WORKERS
POSB Bank has teamed up with Migrant Workers' Centre (MWC) to launch a new membership programme for migrant workers in Singapore that will offer them benefits and savings on services such as remittance, mobile talk time and travel.
The MWC-POSB Membership programme will offer migrant workers exclusive benefits and savings on services that they use on a daily basis, such as remittance, mobile talk time and travel.
Up to 200,000 workers could benefit in the first year of the MWC-POSB Membership programme. Migrant workers will be also able to access all-in-one banking services, said MWC and POSB in a joint statement. [Read more]