News

Government agencies lag in implementing AI policies

Low adoption of AI regulations among Asia-Pacific agencies raises concerns over governance and innovation.

Malaysia’s new social media licensing sparks compliance challenges

New licensing requirement attempts to combat cyber offences.

China boosts flexibility with new fiscal reforms: Fitch Ratings

The amendments stressed economic growth via investments in innovative industries.

Singapore gov't accepts recommendations to enhance platform workers’ protection

Over 88,000 platform workers in Singapore are set to get a bigger voice.

PH launches Phase 1 of the National Fibre Backbone project

The initiative is expected to lower the price of internet connectivity to as much as $5 per Mbps.

Vietnam's telecom revenue to grow 4.7% CAGR by 2028

GlobalData projects 4G dominance in the country throughout this period.

Rated Chinese carmakers to brace EU’s  increased tariffs on EVs

The new tariffs, reaching up to 38.1%, will take effect next month, adding to the existing 10% rate.

Saigon Commercial Bank failure reveals fraud in Vietnam’s banking sector

A real estate developer was found to have siphoned funds from SCB for almost a decade.

Proposed foreign student cap would ‘crimp’ Australia’s universities: report

Australia’s university sector is amongst the most dependent on international student revenue.

Gartner identifies top five govtech trends for 2024

Cybersecurity and AI lead pivotal changes in public administration.

Public sector leaders are more optimistic about Gen AI’s impact: Deloitte

More than half of government respondents perceive a big impact from gen AI.

Regulatory oversight crucial as mobile health apps reshape healthcare

These apps could significantly contribute to the efficiency and accessibility of healthcare services.

Debt projection rises for China’s state-owned IPPs amidst energy shift

S&P sees the debt of China’s independent power producers to rise by 9.3%.

Sovereign Cloud adoption gains traction in APAC amidst geopolitical, cyber challenges

One-third of governments in the region plan to adopt sovereign cloud services.