Chart
| Oct 17, 2023
Source: Niko Partners; Gamer Network
Chart
| Oct 17, 2023
Source: Niko Partners; Gamer Network
Malaysia. In 2022, total media ad spending in Malaysia will finally return to its 2019 level. Growth will be slowest here compared with the other countries in our forecast, but strong relative to that of recent years. Philippines. Ad spending in the Philippines will reach a new high in 2022, after returning to its pre-pandemic level last year.
Report
| Feb 1, 2022
Intel has invested to set up various plants in Ohio, Malaysia, and Germany to be closer to automobile and computer manufacturers and assemblers. Nvidia’s vote of confidence in Intel came just as chips stocks rallied last week. Why this could succeed: Lack of diversification in chip fabs was the primary reason for the chip shortage.
Article
| Mar 28, 2022
Intel’s European aspirations mirror its $20 billion chip hub in Ohio, as well as a $7 billion facility in Malaysia. The company is looking to take advantage of significant EU subsidies for building chip plants. Europe is aiming to legislate $49 billion into chip funding but with the caveat that governing bodies have a say in which industries companies can prioritize.
Article
| Mar 16, 2022
More US companies are following suit and factory hubs in Malaysia, Vietnam, and India are drawing the most interest. Apple already moved iPad and AirPods production from China to northern Vietnam, per The Verge. Microsoft manufactures XBox consoles from Ho Chi Minh City in Vietnam. Google has similarly taken over an old Nokia factory in Vietnam to make its Pixel smartphones.
Article
| Sep 27, 2022
The top five countries for social media penetration among internet users will be in Asia—the Philippines, China, Vietnam, Malaysia, and Thailand. In the Philippines, 98.6% of internet users will be on social this year, 11.6 percentage points higher than the regional average. Social media usage in Asia-Pacific is unique.
Article
| Jun 29, 2023
Meanwhile, Vietnam and Malaysia could see lower demand for goods they export. Strong retail sales data shows the region has compensated for the supply chain weaknesses in China, the biggest trading partner of ASEAN (Association of Southeast Asian Nations).
Report
| Jul 29, 2022
Chart
| Oct 1, 2023
Source: Insider Intelligence
Indonesia, Malaysia, Singapore, the Philippines, Thailand, and Vietnam together will account for about half of TikTok users in Asia-Pacific, excluding China. And all of those countries except Singapore will see their TikTok user base rise more than 10% this year.
Article
| Mar 28, 2023
The news: TikTok Shop is now available in Thailand, Malaysia, and Vietnam as part of the social media platform’s plan to further its ecommerce ambitions in Southeast Asia, per ebrun. Merchants in Indonesia have had access to TikTok Shop since last year but have thus far been limited to only serving Indonesian users.
Article
| Mar 1, 2022
Apple Pay added new markets, including Qatar and Malaysia. And it’s still growing domestically as consumers embrace digital wallets over physical cards: We expect 105.9 million people in the US will use Apple Pay next year—a 6.2% jump year over year, per Insider Intelligence forecasts.
Article
| Dec 28, 2022
Chart
| Sep 30, 2023
Source: Insider Intelligence | eMarketer
After announcing a $7 billion chip facility in Malaysia and hiring away Apple’s lead silicon engineer, it’s setting its sights closer to home. Intel is breaking ground on a 1,000-acre location that will employ 3,000 people and “tens of thousands” more by extension across suppliers and partners.
Article
| Jan 24, 2022
Our digital user estimates for Southeast Asia, which we currently define as Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, are updated on an annual basis to continually incorporate the latest changes and developments in consumers’ technology adoption.
Report
| May 9, 2022
Respondents were from United States, United Kingdom, Australia, Canada, Ireland, Malaysia, New Zealand, Singapore, and Thailand.
Article
| Jun 8, 2023
It already allows cross-border sellers on other versions of its service, including in the UK, Vietnam, Malaysia, and Singapore. The broader context: TikTok’s push into social commerce makes sense given the way in which its platform has become enmeshed in the lives of consumers—particularly Gen Z.
Article
| Apr 10, 2023
With just 47% of its population online this year, India falls far behind Thailand (77.1%), Malaysia (80.3%), and the Philippines (60.2%) and has a way to go before reaching full connectivity. Worldwide, only the Middle East and Africa region has a lower internet penetration. In the US, 89.2% of the population will access the internet at least once per month this year.
Article
| Apr 30, 2022
The purchase is in line with the Malaysia-based company’s October 2020 announcement of its transformation from a “digital airline” to a “comprehensive lifestyle platform.”.
Article
| Dec 16, 2021
Malaysia and the Philippines saw a smaller-than-expected rebound in retail sales growth of 2.0% and 4.8%, respectively, last year after a slowdown in 2020 (-6.1% and -7.0%, respectively). . Indonesia's 2021 retail sales growth was revised downward to -0.4% from the 3.7% growth estimated in Q2 2021.
Article
| Jan 28, 2022
Chart
| Sep 22, 2023
Source: Bango
It will launch in Malaysia and the Philippines in partnership with Visa. It’s in “late stage” talks with prospective collaborators to roll out in Vietnam and Indonesia. The opportunity: YouTrip has a good shot at adding SMB customers due to the large size of the market and its plans to provide a multi-currency card for businesses that operate in more than one country.
Article
| Dec 1, 2021
Five countries within the region—the Philippines, Indonesia, Vietnam, Malaysia, and Thailand—will rank among the top 10 markets measured by retail ecommerce sales growth. Next year, ecommerce sales growth throughout much of Southeast Asia will fall in the same way it will descend in 2022 for everyone else.
Article
| Feb 22, 2022
In August, its cloud operations opened facilities in Thailand, Malaysia, and New Zealand. Alphabet announced last month that Google will be building Greece’s first cloud region, per Reuters. Key takeaway: Google, whose cloud services lost $3.1 billion last year, continues to invest in expansion to catch up to leaders Microsoft Azure and Amazon Web Services (AWS).
Article
| Oct 6, 2022
The airline can tap its popular in-flight menu, food suppliers, and kitchen facilities to expand its restaurant delivery service beyond Malaysia and capitalize on the booming opportunity in the region. Food delivery hit $11.9 billion in gross merchandise value (GMV) across Southeast Asia last year, up 183% YoY, per Momentum Works. Ecommerce.
Article
| Dec 17, 2021