Showing 1 - 10 of 13
The 6G revolution
Asia focus, Suwatchai Songwanich, Published on 12/04/2021
» While many countries are only starting to roll out 5G, China is already focusing on the development of 6G -- the next-generation mobile technology that will be orders of magnitude faster than its predecessor and a key enabler of the Internet of Things.
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
Banking on the unbanked
Asia focus, Suwatchai Songwanich, Published on 22/02/2021
» Southeast Asia's fintech scene is going from strength to strength, with the regional industry valued at up to US$100 billion at the end of last year. Yet it has so far only produced a handful of unicorns -- startups valued at more than $1 billion.
China's e-commerce evolution
Asia focus, Suwatchai Songwanich, Published on 28/09/2020
» China's government is preparing to accelerate the growth of its already rapidly expanding e-commerce sector by establishing 15 new national e-commerce demonstration bases. These are industry clusters for e-commerce companies and the incubation platforms needed to foster the sector's development.
China steps up as digital currency pioneer
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.
Questions surround cutting-edge tech
Asia focus, Suwatchai Songwanich, Published on 07/09/2020
» As 5G technology continues to roll out around the world and digital storage becomes cheaper and more efficient, the profound impact this will have on the business world is becoming clearer than ever.
China's street stall revival
Asia focus, Suwatchai Songwanich, Published on 22/06/2020
» Chinese Premier Li Keqiang has been calling for the revival of the "street-stall economy", emphasising the role street vendors play in providing employment opportunities and as a source of affordable goods, especially food, for many people, while giving the country's economy a welcome shot in the arm as it starts to recover from the effects of the Covid-19 pandemic.
Rewiring global payment systems
Asia focus, Suwatchai Songwanich, Published on 01/06/2020
» Chinese technology companies are redefining global payment systems and reconfiguring money channels across the world.
In the eye of the beholder
Asia focus, Suwatchai Songwanich, Published on 11/05/2020
» Many museums across China remain shuttered, having closed their doors early this year to help prevent the spread of the coronavirus. However, a number are now adopting technologies such as virtual reality (VR), augmented reality (AR), animation and games to enable people to engage in digital cultural experiences without leaving their homes.
China 'faces up' to payment tech
Asia focus, Suwatchai Songwanich, Published on 10/02/2020
» About half of China's population is expected to adopt payment by facial recognition, the next technological stage in a country where mobile payments are already the most advanced and ubiquitous in the world, within this year. About 118 million Chinese signed up for facial recognition payment last year, compared with 61 million in 2018.