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Economic News

Disrupted by Covid-19, will South-east Asia's super apps join forces?
OBG
plus

– Super appsexplore inorganic growthoptions – Gojek in talks with e-commerce company Tokopedia over $18bn merger – Grab reported to be preparing for a public listing in the US – Food delivery and financial services increasingly important segments After a year ofexternal expansion and internal reorganisation due to Covid-19, South-east Asia’s super apps appear to…

Event

Malaysia Technology Expo 2021

Malaysia Technology Expo (MTE) 2021 GOES VIRTUAL 22-26 March 2021 • Virtual Edition For the first time, the annual Malaysia Technology Expo (MTE) will be held virtually on the 22 - 26 March 2021. This shift to a virtual event is in light of on-going developments with the COVID-19 pandemic, where travel and physical restrictions are still in effect globally and where safety for our participants…

Event

Future Ed Tech 2021

FUTURE EDTECH 2021 22-26 March 2021 • Virtual Edition Rethinking education in the new normal The Inaugural Future Edtech 2021 will be held alongside Malaysia Technology Expo (MTE) 2021 virtually on the 22-26 March 2021, as part of MTE’s 20 years celebration. In the wake of COVID-19 pandemic; education has been irrevocably changed, as we approach the new normal in the post-COVID-19…

Economic News

Asia: Economic Year in Review 2020
OBG
plus

– Thailand and Malaysia led the region in terms of government stimulus – Key digital solutions were developed in food delivery, education, health care and finance – Despite falling globally, M&A increased in Asia throughout the year – Emerging markets in ASEAN stand to benefit from the supply chain shift away from China Closely linked both geographically and economically to China,…

Economic News

Will RCEP help drive Asia’s Covid-19 recovery?
OBG
plus

The Regional Comprehensive Economic Partnership (RCEP) was finally signed on Sunday November 15, on the sidelines of the annual summit of the Association of South-East Asian Nations (ASEAN). As well as marking a significant regional milestone, it is hoped that this deal will help its 15signatories recover from the economic fallout of the coronavirus pandemic. As OBG outlined in July, the…

Economic News

Despite Covid-19, South-east Asian investors prepare for a flurry of IPOs
OBG
plus

The pandemic and its related economic effects prompted a slowdown in initial public offerings (IPOs) in South-east Asia, as it did globally. However, there are indications that the region is set to see listing activity bounce back in the coming months. The onset of Covid-19 gave rise to a dramatic, worldwide decline in IPOs, with April and May registering a 48% decrease in volume and a 67% drop…

Economic News

How is Covid-19 changing South-east Asia’s super apps?
OBG
plus

After enjoying years of exponential growth, South-east Asia’s super apps have been forced to reassess their business models as a result of Covid-19, with many refocusing their priorities as they plan forthe post-pandemic world. In recent years so-called super apps – online or mobile platforms that combine multiple services into one app – have sought to continuously expand their offerings. While…

Economic News

Malaysian exports rise despite Covid-19, but will it last?
OBG
plus

While global trade has shrunk considerably following the outbreak of Covid-19, Malaysia has recently seen an unexpected rise in both its exports and trade surplus. Official trade data revealed that exports in June rose by 8.8% year-on-year (y-o-y) to RM82.9bn ($19.5bn). This surprise increase came on the back of a 25.5% contraction in May, while most economists had predicted a fall in exports…

Economic News

Covid-19 and RCEP: make or break?
OBG
plus

At the start of 2020, the Regional Comprehensive Economic Partnership (RCEP) – potentially the world’s largest free trade deal – seemed on track to be signed by the end of the year. However, the coronavirus pandemic has slowed that process, raising some questions about when the agreement will be formalised. In what would constitute a significant win for multilateralism, the RCEP would bring…

Economic View

Lim Wee Chai, Executive Chairman, Top Glove

On meeting rising demand for medical gloves and preparing for long-term industry expansion What were the biggest challenges to rapidly scaling up production to meet high global demand for medical gloves created by the Covid-19 pandemic? LIM WEE CHAI: Prior to the outbreak of Covid-19 we were already expanding our capacity to cater to rising global demand, which was growing at 10% yearly.…

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