Southeast Asia’s internet economy is valued at over USD100 bil this year

There’s an interesting report being circulated in the startup ecosystem on the internet economy in the Southeast Asia region. Jointly published every two years by Google, Temasek, and Bain & Company, the report sets out the internet economy across Southeast Asian countries with special emphasis on its largest economies namely Malaysia, Singapore, Thailand, Indonesia, Philippines,…

No more gender stereotype ads allowed in the UK

“Our evidence shows how harmful gender stereotypes in ads can contribute to inequality in society, with costs for all of us. Put simply, we found that some portrayals in ads can, over time, play a part in limiting people’s potential,” Advertising Standards Authority (ASA) chief executive Guy Parker. The United Kingdom’s Advertising Standards Authority (ASA),…

Facebook’s Libra is here, so will we see another Zuckerberg’s “move, fast and break things” approach?

The launch of Facebook’s new cryptocurrency Libra has caused mixed sentiments between both supporters and opponents of the new cryptocurrency. The positive sentiment doesn’t seem to go well for the regulators. In just 24 hours, United States, United Kingdom including other G7 countries have announced that Libra will be subject to the financial regulations. In…

Should we have any minimum social security protections for the gig economy?

The Star published a report on certain e-hailing drivers being banned from a ride sharing company. Gamification is one of the sales strategies used by companies especially startups to “motivate” their users. For instance, ride sharing companies rewards its users with points which you can then use to exchange for cheaper rides, or even freebies.…

When should we have the AI Playbook?

I read the recent article published on The New York Times about “How Surveillance Cameras Could Be Weaponized With A.I”. “We face the prospect of an army of A.I. security guards being placed behind those lenses that are actually, in a meaningful way, monitoring us, making decisions about us, scrutinizing us.” Jay Stanley, senior policy…

What will happen to the unlicensed crypto exchanges in Malaysia?

Last week before the Eid break, the Securities Commission announced the result of the first round of crypto exchanges in Malaysia. The three successful applicants are Luno, Sinegy and Tokenize. The statement doesn’t say how many applicants actually applied for the licence. However, according to FintechNews.my, a Malaysian based fintech news site, claimed that 19…