BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  SEA’s Digital Economy: Growth Trends, Profitability Shift, Focus on High-Value Spenders, And More

SEA’s Digital Economy: Growth Trends, Profitability Shift, Focus on High-Value Spenders, And More

Willy Chang, Partner, Bain & Company

16-Nov-23 12:00

SEA’s Digital Economy: Growth Trends, Profitability Shift, Focus on High-Value Spenders, And More

The e-Conomy Southeast Asia (e-Conomy SEA) is a multi-year research programme launched by Google and Temasek in 2016, and Bain & Company joined the programme as lead research partner in 2019. The research leverages Temasek’s insights; Bain’s analysis; Google Trends; primary research, expert interviews, and industry sources to shed light on the digital economy in Southeast Asia.

The latest 2023 report launched earlier in November, is the 8th edition of e-Conomy SEA, with the tagline – Reaching new heights: Navigating the path to profitable growth- which highlights that the Southeast Asia region has shown resilience against global economic challenges, with GDP growth above 4%, inflation at 3%, and a rebound in consumer confidence. Despite a decline in private funding, the digital economy in SEA reached $100 billion in revenue in 2023, growing at a 27% CAGR since 2021.

But what should you be paying attention to from this 124 page report?

Produced by: Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomymanagingmarkets

Tags:  online travelfunding landscapeBain & Companydigital economyfintechdigital financial servicese-commercefood deliverystartup investinggoogletemasek





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Dr. Deborah K. Elms, Head of Trade Policy, Hinrich Foundation talks about the US Supreme Court's decision on tariffs.

7:45 AM

Morning Brief

Dr. Azmi Hassan, Senior Fellow at the Nusantara Academy for Strategic Research, discusses the unfolding events of the Malay political factions, and DAP's upcoming party congress.

8:00 AM

The Breakfast Grille

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

8:30 AM

Morning Brief

Dr. James Dorsey of the S. Rajaratnam School of International Studies discusses rising US-Iran tensions as Trump hints at a possible strike.

8:45 AM

Morning Brief

Nik Nazmi Nik Ahmad, MP for Setiawangsa discusses the alleged corrupt practices within the MACC.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

Peter Kong, Head of Research, Kenanga Investment Bank discusses ESG in Malaysia.

9:35 AM

Pinnacle Perspectives

TC Chew, Managing Director of APAC for Arup, discusses the benefits of the revived KL–Singapore high‑speed rail (HSR) project.

10:05 AM

Open For Business

Adrian Chia, Co-Founder & CEO, Big Tiny

11:05 AM

P&L

Renganathan Kannan, Executive Director, TRATAX

12:00 PM

Enterprise Explores

TikTok Shop US hit $15.1B, but the growth isn't from viral live streams, it's the boring "Shop Tab." Momentum Works explains why American consumers are favoring traditional search over live streams, and compares this to Southeast Asia’s $45.6 billion mature ecosystem.

1:00 PM

The Breakfast Grille Repeat

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

3:20 PM

Earth Matters

Macaranga Wrap-Up

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Today I Learned

A Skeptic’s Take on the Epstein Files

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture