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How digitalization is making South and Southeast Asia engines of growth

Mount Equity Group Tokyo Japan > News > Markets > How digitalization is making South and Southeast Asia engines of growth
  • The burgeoning digital economy led the pandemic recovery in South and Southeast Asia.
  • Heavy smartphone penetration is facilitating digitalization in these regions.
  • Greater government support is needed to advance the digitalization process.

Digital transformation worldwide was already increasingly changing how companies make and offer their propositions and interact with their customers. But the COVID-19 pandemic has intensified this, with technology emerging as a critical means of resolving public health challenges and continuing to facilitate the new online consumer landscape. This accelerated digitalization is disrupting the world’s economy, making it one of the most significant growth engines for many developing nations.

We are already seeing how digitalization is reshaping Asia. The digital transformation of South and Southeast Asia is opening a range of opportunities for its…

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