Showing 1 - 7 of 7
Telling the fortune of digital payments in 2021
Oped, Kelvin Phua, Published on 12/02/2021
» Just over one year into the Covid-19 pandemic, it has been impossible to ignore the stratospheric growth of digital payment methods across the world. In APAC specifically, we've seen Facebook and PayPal join Google, Tencent, and other leading technology firms in backing Gojek, a popular Southeast Asian super app. Not missing a beat, Gojek's competitor Grab has been keeping busy by purchasing stakes in popular e-wallets such as Indonesia's LinkAja.
New lockdown bodes economic misery
Oped, Chartchai Parasuk, Published on 07/01/2021
» My first article of the year cannot be about anything but the Covid-19 lockdown. Actually, I planned to write about the two-month disappearance of the world-famous Jack Ma -- founder of Alibaba and Alipay. He has an innovative idea to revolutionise the Chinese financial system but his revolutionary idea was not agreeable with Chinese authorities and caused him to "disappear". What interests me is not China's internal affairs. But his idea, once put into use, will revolutionise the global economy as well. Milton Friedman (a Nobel Prize laureate in Economics and the father of monetary policy) and his Optimum Quantity of Money theory will become useless. His idea, if taken far enough, might be able to pull the world economy out of the Covid slump. Sound interesting? Readers have to wait until my next article, which will come in two weeks' time.
Shinzo Abe will be missed
Asia focus, Nareerat Wiriyapong, Published on 07/09/2020
» Last Wednesday, India banned 118 Chinese mobile applications from its huge domestic market, including the popular video game PlayerUnknown's Battlegrounds, which has over 50 million players in India. Others, including Baidu, Alipay and some versions of the messaging app WeChat, are operated by Chinese internet giants like Tencent and Ant Financial.
Covid's real cost could well be eternal spying
News, Andy Mukherjee, Published on 11/05/2020
» Much of our pre-coronavirus lives may be reclaimable with some modifications around how we work, socialise and travel. In one crucial way, though, the post-pandemic landscape will be very different: The individual's autonomy over her data may be lost forever. Our mobiles will keep us safe -- by spying on us.
China's bank lending gets a digital revolution
News, Huang Yiping, Published on 20/02/2020
» China's economy is growing at its lowest rate in over 30 years, but if the country's nearly 40 million small and medium-size enterprises (SMEs) could overcome a lack of access to funding, they could become a powerful engine of economic dynamism. Can digital innovators close the SME financing gap?
Freeing up the duty-free business
News, Deunden Nikomborirak, Published on 26/09/2018
» Amidst the current economic uncertainties with a looming full-scale trade war between the US and China, tourism stands out as one of the very few sectors with a bright outlook.
Opening of China's finance market isn't what it seems
News, Andrew Polk, Published on 05/04/2018
» Although trade tensions between the US and China show no signs of abating, there are some reasons for cautious optimism. One is the Americans have finally gotten around to giving the Chinese a substantial list of demands -- and, on at least one score, China is prepared to deal.