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 : Best of Enterprise: (REPEAT) On this episode of Tech Talk, we speak...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) On this episode of Tech Talk, we speak with Sharma Lachu, Founder and CEO of Accendo Technologies, about whether AI has truly solved coding, how teams can maximise productivity with AI tools, and what the future looks like for developers and engineers in an AI-driven world.

12:00 PM

Popcorn Culture

(REPEAT) We review Hamnet and ask what’s a movie or series that always makes you cry?

1:00 PM

Cruise Control

(REPEAT) Daniel got his hands on another hybrid car, this time in the form of the Porsche 911 Carrera 4 GTS. He shares his thoughts on this supercar on the show.

2:00 PM

Matt-Splained

(REPEAT) There’s a new sheriff in town. Can Roshan Kanesan bring the outlaw Matt Armitage to heel?

3:00 PM

Earth Matters

(REPEAT) In one month, Orang Asli communities faced evictions, arrests and logging without consent. Are reform promises failing? Koong Hui Yein, a Programme Manager at RimbaWatch, explains what is at stake.

4:00 PM

Bar None

(REPEAT) Mandy Cebelle Chen joins us on the show to share her journey in the world of the wushu.

5:00 PM

BBC World Service

Ella Al-Shamahi talks to two women in Pakistan and America who use numbers to help others understand and take control of their pregnancies - by unpacking the data.