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Singapore's digital banks race for profitability amid competitive landscape
Singapore's digital banks are now focused on retaining customers through improved products and services, as competitive interest rates decline. A recent analysis highlights their financial performance in 2024, showing progress towards profitability amid a crowded market. Meanwhile, TikTok's merger with Tokopedia faces challenges, impacting sellers on the platform.
the challenges of ai adoption in southeast asian broadcasting and advertising
AI-generated content is facing skepticism in Southeast Asia, with backlash against AI hosts in Indonesia and the Philippines highlighting concerns over job security in journalism. Despite this, Meta plans to launch AI tools for ad creation by 2026, targeting small businesses but risking further alienation of consumers who prefer human-generated content. A recent survey shows a majority of respondents want brands to limit AI adoption to preserve jobs, yet companies continue to integrate AI into their operations.
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