digital economy

Latest news and articles about digital economy from NEX English

Indian Central Bank Proposes Delay on Digital Payments to Combat Fraud

In an effort to curb rising fraud in digital transactions, the Indian Central Bank has proposed delaying certain payments exceeding <strong>10,000 rupees</strong>. The bank is seeking feedback from stakeholders on these new measures.

Introduce Smart Consumer Protection Concept in Digital Age

Professor Bambang Sujingo Ariyadi Subagiono from Airlangga University in Surabaya revealed the concept of 'Smart Consumer Protection' during a tribute ceremony at the university, emphasizing the need to enhance consumer awareness amid rapid digital economic developments.

Arab Seas Information Systems Enhances Its Position in Tech Market

Arab Seas Information Systems has announced new strategies to strengthen its presence in the tech market, focusing on innovation and expanding digital solutions. This initiative aims to meet the growing demands of clients in the digital transformation era.

Launch AIM ASEAN to Empower Women in Indonesia's Digital Economy

HIPMI Womenpreneur has announced the launch of the AIM ASEAN program to enhance the capabilities of women entrepreneurs in Indonesia, targeting over 5,000 women across various regions. The initiative aims to integrate artificial intelligence in developing small and medium enterprises, contributing to women's economic empowerment.

Accelerate Digitization of Traditional Markets in Jakarta

The company 'Pasar Jaya' in Jakarta aims to digitize 110 traditional markets by the end of the year, having already digitized 60 markets. This initiative is part of government efforts to enhance competitiveness in the digital economy.

Accelerate Digital Financing for Small Businesses in Indonesia

Bank Amar Indonesia has announced an acceleration of its digital financing efforts for small and medium enterprises (SMEs) as part of its strategy to enhance the country's digital economy. This initiative aims to address the challenges these businesses face in accessing adequate funding.

Enhance Indonesia's Digital Economy Through Technological Innovation

Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, emphasized that the digital economy in Indonesia can be strengthened through technological innovations in smart transportation services. He highlighted the importance of artificial intelligence in supporting drivers and small to medium enterprises.

Enhance International Communication Through Smart Technology

The Global Corporate Image Forum was held in Hefei, China, where participants discussed strategies to enhance the reputation of Chinese companies globally. Simon Lan, co-founder of eclicktech, shared insights on improving Chinese branding on the international stage.

Boost Digital Economy: Indonesia Bank Launches Program in 20 Markets

Bank Indonesia, in collaboration with the Jakarta government, has launched a program aimed at enhancing the digital economy in 20 traditional markets. The initiative focuses on promoting digital payments and improving access to financial services.

Boost digital economy through technology projects in Saudi Arabia

Fahd bin Saad emphasized that technology projects are a fundamental support for the digital economy in the Kingdom, highlighting the importance of innovation in driving economic growth. This statement was made during a technology conference.

Improve Budget Management in Indonesia to Ensure Effective Public Services

The Indonesian Ministry of Digital Communications announced a 91.48% achievement in implementing budget review recommendations, reflecting the government's commitment to enhancing the efficiency of public fund usage.

BPJS Ketenagakerjaan Expands Social Protection for Digital Workers

BPJS Ketenagakerjaan in Indonesia has announced its initiative to extend social protection to workers in the digital economy and small to medium enterprises. This announcement was made during a meeting with the Indonesian Parliament's Labor Committee, highlighting the need for better coverage for vulnerable workers.

Indonesia Records Historic Tax Revenue from Cryptocurrency

The head of Indonesia's Financial Services Authority revealed that the cryptocurrency industry has contributed <strong>1.96 trillion rupiah</strong> in taxes from 2022 to January 2026, highlighting its growing role in the national economy.

Launch Innovative Program to Support Fee-Free Digital Payments in Sri Lanka

Sri Lanka has announced the launch of the 'National Digital Payment Promotion Program', allowing users to conduct digital transactions without fees up to <strong>5000 Sri Lankan Rupees</strong>. This initiative is part of the government's efforts to enhance digital transformation in the country.

China Issues Guidelines to Enhance High-Quality E-Commerce

The Chinese Ministry of Commerce has announced new guidelines aimed at boosting the development of high-quality e-commerce as part of efforts to support the real economy. The guidelines include steps to deepen the integration between the digital economy and the real economy.

Notable Increase in QRIS Merchants in Indonesia Reaches 914,000

The Bank of Indonesia's branch in Cirebon has reported a significant increase in QRIS payment system merchants, totaling 914,070 by February 2026. This surge reflects the rapid adoption of digital systems across various economic sectors.

Countries Agree to Eliminate Tariffs on E-Commerce Trade

A group of nations has reached an agreement to not impose tariffs on e-commerce trade among themselves, following the failure of World Trade Organization members to extend the ban on such tariffs. The agreement includes 23 countries, including the United States, the United Kingdom, and Japan.

France announces new measures to boost data center establishment

French Finance Minister Roland Lescure revealed government plans to announce new measures aimed at encouraging the establishment of data centers in the country. This initiative comes as Japanese investors are increasingly looking to Europe to expand their investments in this sector.

Digital Economy Boosts Sports Clubs' Budgets Significantly

The digital economy has become a key driver in enhancing sports clubs' budgets as they seek to leverage modern technologies to increase their revenues. Studies indicate that digital transformation contributes to improving the financial performance of clubs.

Malaysia Enhances Monitoring of Middle East Conflict Impact

The Malaysian government, through a special committee under the National Economic Action Council, announced the start of an assessment of the impact of the Middle East conflict on various economic sectors, particularly the digital sector. This initiative aims to protect citizens' interests and the national economy.

City of Depok to Establish Vocational Training Center for Digital Economy

The government of Depok, Indonesia, has announced plans to establish a vocational training center aimed at developing skills in the creative and digital economy. The center will be built in the Kampung Kikubo area, with construction expected to begin in 2027.

Announce $16 Million Investment in Technology Project Over 6 Years

Official sources have announced investments totaling <strong>$16 million</strong> in a technology project spanning <strong>6 years</strong>. The initiative aims to enhance technological innovation in the region and improve digital infrastructure.

Pakistani youth turn to gaming for income amid rising unemployment

With increasing unemployment rates and low wages, Pakistani youth are increasingly turning to electronic gaming as a means to secure additional income. Many face significant pressure to provide for their families.

Launch New Platform to Boost Innovation in Egyptian Technology

The Orange Platform has announced the launch of its new services aimed at enhancing innovation in technology in Egypt. This initiative aligns with the Egyptian government's efforts to support digital transformation and strengthen the digital economy.

Shift Apps to Subscriptions: Goodbye to Free Downloads

The app industry is undergoing a significant transformation towards subscription models, driven by high operational costs. This shift reflects a changing relationship between users and developers.

Update Remote Work Policies to Enhance Flexibility in Gulf

Several Gulf countries have announced new updates to remote work policies, reflecting a growing trend towards flexible work models. These changes come at a time when demand for workplace flexibility is increasing.

Impose social media bans to address political and social concerns

Several Arab countries have announced bans on social media platforms, sparking widespread debate about freedom of expression. This decision comes amid growing fears regarding the impact of these platforms on social and political security.

Chinese Central Bank Approves 12 New Banks for Digital Yuan

The People's Bank of China has approved 12 new banks to operate the digital yuan, aiming to enhance the use of the digital currency in financial transactions. This decision is part of China's efforts to expand the digital yuan's reach and strengthen its position in the global financial system.

Launch Indonesia's Digital Currency Exchange as Self-Regulated Entity

Indonesia's Digital Currency Exchange (ICEx) has commenced operations as a self-regulated organization licensed by the Financial Services Authority since January 5, 2026. ICEx aims to create an integrated system that combines exchange, settlement, and custody functions under unified regulatory oversight.

Significant Increase in Paid 'Cloud' Service Subscriptions

The paid 'Cloud' service has seen a remarkable rise in subscriptions, reflecting a growing demand for cloud solutions. This surge highlights the success of the company's marketing strategy.