Deputy PM Lawrence Wong to become Singapore's PM in May, succeeding Lee Hsien Loong after 20 years. Challenges include economic, housing. This article was originally published here: Singapore Designates Lawrence Wong as Prime Minister, Effective May 15 ..read more

The e-commerce segment in Thailand is expected to reach 700 billion baht this year, driven by a significant increase in business registrations and consumer adoption of technology for retail purchases. This article was originally published here: E-commerce in Thailand expected to reach 700 billion baht in 2024 ..read more

The Thai government is contemplating enforcing a seven percent value-added tax on Chinese products priced below 1,500 baht (US$40) that are funneled through Thailand‘s free trade zones to safeguard local businesses This article was originally published here: Thailand is considering implementing protective tariffs on imports from China ..read more

The frequency of cyberattacks has more than doubled since the pandemic. Although companies have historically suffered relatively modest direct losses from these attacks, some have experienced a much heavier toll. This article was originally published here: Financial stability is at risk with increasing cyber threats ..read more

Southeast Asia's tech startups, fueled by massive funding and rapid growth, are now facing a challenging funding winter and a loss of investor confidence due to the collapse of the Vision Fund and global stock market decline. This article was originally published here: Startup Trends: The Rise of Sustainable and Profitable Ventures in Southeast Asia ..read more

The e-commerce market in China is projected to reach $2.4 trillion in 2024, with a further increase to $3.6 trillion by 2028. Alternative payment methods like mobile and digital wallets are the preferred choice, holding a 67.3% market share in 2023. This article was originally published here: Over two thirds of e-commerce payments in China are made through alternative payment ..read more

UOB offers financial solutions such as UOB Biztrade+, UOB Trade Finance, UOB FX, and Trade Credit Insurance to reduce barriers to accessing capital for businesses and make selling online to international markets more convenient. This article was originally published here: UOB Thailand and Alibaba.com to support Thai SMEs in the digital marketplace ..read more

Grab users in Singapore can now top up their GrabPay e-wallets with five different cryptocurrencies, including Bitcoin and Ether, through a tie-up with payment firm Triple-A. This article was originally published here: Grab Goes Crypto: Southeast Asia’s Ride-Hailing Giant Embraces Digital Payments ..read more

The digital payments market in Thailand is experiencing significant growth, with projections indicating a 7.51% increase from 2024 to 2028, resulting in a market volume of US$52.47 billion by 2028. This article was originally published here: Who are the main players behind the digital payment transformation in Thailand ..read more

The Government Lottery Office (GLO) is introducing a new way to purchase lottery tickets in Thailand. Starting from March 17th, buyers will have the option to purchase digital lottery tickets through registered lottery dealers. These digital tickets will be available at the controlled price of 80 baht This article was originally published here: Thailand to introduce digital lottery outlets on March 17th ..read more