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



11:00 AM

Best of Enterprise

(REPEAT) Fong Min Hun, Co-founder of Lit Books, joins us to share the story of how they run their independent book store.

12:00 PM

Popcorn Culture

(REPEAT) We review the first four episodes of Vince Gilligan’s sci-fi thriller Pluribus.

1:00 PM

Cruise Control

(REPEAT) Daniel Fernandez shares what he saw at the Guangzhou Auto Show 2025!

2:00 PM

Matt-Splained

(REPEAT) Matt and Rich explore a world where technology is "good enough."

3:00 PM

Earth Matters

(REPEAT) A festive Nature Reads episode, with all three Sunda Shelves founders sharing their favourite nature books and thoughtful Christmas gift picks.

4:00 PM

Bar None

(REPEAT) John Beasley, the Technical Director of the Malaysian National Cycling Federation joins us again ahead of the SEA Games to talk about our cyclists' preparations for the tournament.

5:00 PM

BBC World Service

To tip or not to tip - That's the question that this episode of The Food Chain will be unpacking.