Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
Summary: Currently ASEAN MSMEs have a relatively low level of digital tools usage. There are several factors attributing to this, with the main reason being the digital divide between large and small firms. According to OECD, usage of advanced digital tools differs between sizes of firms even amongst advanced economies. This is only exacerbated in […]
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Summary: The digitalization waves during the COVID-19 pandemic generated higher demand for information and communication technology (ICT) goods such as silicone chips, electronic components, and communication equipment. Riding on this trend, this week’s chart reflects ASEAN-6 countries’ positions in the ICT goods exports. Highlights: Article By LIEW Wan Yin, Doris Graphic By Shu En LEE
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Summary: China’s 14th Five-Year Plan outlined innovation as the driver of modernisation. Under the National Big Data Strategy, data has become an important factor of production. Additionally, the investment in R&D has led to tremendous development in China’s digital economy. This week’s chart uses data from the National Bureau of Statistics of China and the China Academy of Information […]
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