Digital Economy stories

Australia's Senate has passed the Action Initiation Bill, empowering consumers to share data and initiate service actions through accredited providers, boosting competition.

Goodman Group posts a record operating profit of AUD $2,049 million for FY24, a 15% rise. Despite this, a statutory loss of AUD $98.9 million was recorded.

Singtel and Bridge Alliance will roll out GPU-as-a-Service across Southeast Asia, tapping AI's burgeoning demand in Thailand, Malaysia, and Indonesia.

NEXTDC, in partnership with the Northern Territory Government and Vocus, has launched a new data centre in Darwin, aimed at boosting regional tech capabilities.

Xero's I Want To Pay That Way report reveals a digital payment surge among young Singaporeans, urging small businesses to modernise payment options.

Hexaware Technologies partners with upGrad Enterprise to train 100+ employees in generative AI, aiming to enhance its AI-first strategy and bolster workforce skills.

Australian organisations must prioritise automation to enhance global competitiveness, yet many remain laggards. Embracing hyperautomation can drive efficiency, innovation, and long-term gains.

TEAM IM unveils New Zealand’s first sovereign hyperscale cloud, set to launch in August 2024 with Oracle Alloy, offering over 100 OCI services to ensure data sovereignty.

Equinix will acquire three data centres in the Philippines from Total Information Management, marking its entry into the Filipino market.

MYOB rebrands its ERP platform as MYOB Acumatica in an expanded strategic partnership with Acumatica, aiming to enhance mid-market business operations in Australia and New Zealand.

Industry leaders react to the King's Speech, highlighting the importance of connectivity, cybersecurity, and AI in the new Labour government's legislative agenda.

Markko unveils Markko Labs to empower non-technical marketplace founders with essential resources, reducing financial and technical barriers in the e-commerce sector.

Adobe projects a record-breaking USD $14 billion online spend for Prime Day, driven by significant discounts, mobile shopping, and BNPL services.

OpenUK's Open Manifesto urges the UK government to boost open technology through skill development, public sector integration, and AI transparency.

Princeton Digital Group completes Phase One of its 150MW AI-ready JH1 data centre in Johor, advancing digital infrastructure in SE Asia with MYR 1.276 billion green loan.

A new report reveals that two-thirds of Australian educators are struggling to implement the nation's Digital Technologies Curriculum, calling for urgent support and action.

Goodman Group names Giles Proctor as VP of Data Centres, leveraging his 25 years of expertise to enhance customer engagement and bolster global infrastructure.

Adobe has named Keith Eadie as the new General Manager for the Asia Pacific region, strengthening efforts to boost customer experience and regional growth.

Colt Data Centre Services has cut global greenhouse gas emissions by 40% since 2019, keeping on track for its 1.5°C 2030 targets.

A UiPath survey reveals 60% of Singapore workers use generative AI, positioning Singapore as a top adopter globally amid economic challenges and workload pressures.