Southeast Asia internet economy to hit $1 trillion by 2030, report says Singapore: Southeast Asia's internet economy is forecast to reach $1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry report said on Thursday. The report, by Alphabet's Google, Singapore state investor Temasek Holdings
Regulations are necessary to mitigate AI risks, but will not inhibit new players in the market where use cases can be built on top of large language models.
Slower growth seen in regional internet economy bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
SINGAPORE :Southeast Asia's internet economy is expected to grow 11 per cent year-on-year in 2023, slowing from last year's growth of 20 per cent, an annual industry report showed on Wednesday.The report, published by Google, Singapore state investor Temasek Holdings, and global business consultant Bain & Com
It is also expected to be the biggest digital wealth market in the region, growing from US$26 billion (S$35.6 billion) in 2023 to about US$150 billion in 2030. Read more at straitstimes.com.