The pandemic has propelled contactless and cashless transactions in Asia at warp speed, paving the way for virtual banks. Fintech News showed that approximately 16% of Hong Kongese currently have a virtual bank account, while 12% of Hong Kongese are planning to open one in the next 5 years. Southeast Asia has also seen a boom in virtual banks.
Digital transformation contributes to more advanced operations in different sectors and the pandemic has catalysed this transformation across the globe. This article provides insights into how APAC countries integrate digitisation into the new normal.
Read MoreMany tech companies and cloud-based service providers choose SE Asia to accelerate their cloud computing business because SE Asia has been widely considered one of the fastest-growing regions in terms of clouding market, where the population has embraced the digital transformation during the pandemic, especially in fintech and e-commerce sectors. Another incentive is that SE Asia has a swift growth in internet users and a nascent stage of business transformation based on cloud computing.
Read MoreIt is noticeable that cloud computing has become a fundamental requirement for many companies and businesses. In the digital and 5G era, as enterprises expand their understanding of the enormous benefits of cloud computing, they are now more willing to conduct workload tests on cloud and even migrate entire applications to the cloud. Apart from the EV sector, cloud-based enterprise solution providers should also keep a close eye on other Asia’s popular sectors embracing cloud computing, such as healthcare and K-12 education.
Read MoreMarketing to Chinese women is not easy. Brands should be very cautious about perpetuating stereotypes. Tmall, for example, faced a lot of backlash for their 2018 Women’s Day campaign “Living with Feminine Power”, as their idea of “feminine power” included things like dealing with a blister from high-heel shoes, and exercising to try to lose weight. Also, brands should not be tokenistic, and launch a campaign simply for the sake of being feminist. An impactful campaign is one that builds upon the existing brand identity and storytelling. Brands should consider how to relate their story to women in a positive way.
Read More
