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Insights
01-Feb-18 "New retail" is Alibaba's latest buzzword. It refers to combining online and physical retail into a seamless, data-driven consumer experience, and is starting to give rise to new businesses such as cashierless convenience stores and automated pickup centers. [image: AP / Nikkei Asian Review]
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Insights
31-Jan-18 E-commerce in Singapore comprises 5% of total retail. However, the number is lower in other ASEAN countries: 3% in Indonesia, nearly 2% in Malaysia and Thailand, and 1% in Vietnam and the Philippines. [image: Credit Suisse / Singapore Business Review]
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Insights
31-Jan-18 Chinese national statistics show the rise of mobile payments in China slowed in 2017, with the proportion of Internet users that pay with their phones rising from 50% to 65%, and most new users coming from rural areas. [image: TechNode]
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Insights
29-Jan-18 Cash is still king in Japan, and that means the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. [image: Bloomberg]
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Insights
29-Jan-18 Philippine President Rodrigo Duterte will visit the UAE to launch the new Overseas Filipino Bank, offering deposits, loans, investments and remittance and payment services to cater for the needs of overseas Filipino workers. [image: iStock / Asia Times]
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