EMERGING ASEAN TECHNOLOGY COMPANIES & SINGAPORE'S DIGITAL PUSH

Kiren Kumar

Assistant Managing Director

Singapore Economic Development Board

DISCLAIMER

EDB provides this presentation (including oral statements) gratuitously for information only and not for any other purpose. While care has been expended in the preparation of this presentation, EDB hereby disclaims all liability including, but not limited to, inaccuracies, incompleteness or lack of suitability for purpose of any information in the presentation.

SOUTHEAST ASIATHE NEXT BIG TECHNOLOGY BATTLEGROUND

SOUTHEAST ASIA’S INTERNET ECONOMY IS HUGE AND GROWING RAPIDLY

600 200 70million percentbillion*

Population, 2016 Internet economy US$, 2025 Population <40 years old

Source: Google and Temasek, 2016

*excluding healthcare, education,

entertainment, & financial services

SOUTHEAST ASIAOPPORTUNITIES TO DISRUPT INDUSTRIES

commerce| media & advertising | travel | ride hailing |

US $88B market by 2025

+41% CAGRfrom 2015 to 2017

US $11B transactions in 2017

E-COMMERCEin Southeast Asia

ALIBABAAMAZON

THE WORLD’S E-COMMERCE GIANTS

2017:Launched Amazon

Prime and Prime Now

in Singapore

2017:Took a controlling stake

in Lazada, a US$3B

unicorn in Singapore

ç

ARE COMPETING IN SOUTHEAST ASIA

SOUTHEAST ASIA’S TECHNOLOGY PLAYERS ARE JOINING THE ACTION….

½of SEA’s

8 unicorns

are in

e-commerce 18

% of SEA’s

startups are

in lifestyle or

e-commerce37

% of VC

funding in

SEA went to

e-commerce

Source: Google and Temasek, 2016; based on data from TechInAsia, MergerMarket, Factiva

… AND USING SINGAPOREAS THEIR PLAYGROUND

Source: Google & Temasek, 2016

percent of SEA’s

startups are based

in Singapore

Est. valuation US$B Founded Headquartered Other teams in SG

3 Indonesia Indonesia Data science

48 Malaysia SingaporeEngineering,

data science

3.1 Singapore Singapore Engineering

3.5* Singapore SingaporeEngineering,

data science

*market cap as of 3/2

Image sources: Go Jek, Grab, Lazada, SEA Group

SINGAPORETHE DIGITAL CAPITAL OF ASIA

SINGAPORE IS HOME TO TECHNOLOGY LEADERS THAT HAVE DIVERSE CAPABILITIES

Source: EDB estimates

80of the world’s top 100

tech companies call

Singapore home and

account for

6.5% of our GDP

DIGITAL

INFRASTRUCTURE

DEVICES

& HARDWARE

SOFTWARE

& IT SERVICES

INTERNET

PLATFORMS

CONTENT

& MEDIA

TECHNOLOGY COMPANIES ARE ACCESSING THE REGION FROM SINGAPORE

Source: EDB estimates

THE WORLD’S TECHNOLOGY LEADERS ARE ALSO INNOVATING FROM SINGAPORE

Building products for

the Next Billion Users

GOOGLE

First lab outside

China for AI research

ALIBABA

Image sources: The Straits Times, NTU Singapore

Analyzing Indonesian

data from Singapore

GOJEKDYSON

Developing connected

products for the globe

Source: Telegeography, Google & Temasek

C O N N E C T I V I T Y

19 ½ 40submarine cables landed

in Singapore

of Southeast Asia’s

data center capacity

percent of all startup deal

flow in SEA

Source: Singapore Infocomm Media Development Authority

T A L E N T

210,000technology x media professionals

DATA SCIENCE | CYBERSECURITY | NETWORK ENGINEERING | SOFTWARE ENGINEERING

F R O N T I E R T E C H N O L O G Y

Source: Singapore Infocomm Media Development Authority

ARTIFICIAL

INTELLIGENCE

CYBER

SECURITY

IMMERSIVE

MEDIA

INTERNET OF

THINGS

N A T I O N A L C H A L L E N G E S

Source: Govtech Singapore

CITIZEN SERVICES

PLATFORM

IOT SENSOR

DATA PLATFORM

DIGITAL TRADE PLATFORM

DIGITAL IDENTITY

PLATFORM

E-PAYMENTS

PLATFORM

RIDING THE SOUTHEAST ASIAN WAVE

WHAT WILL BE YOUR STORY?

DISCLAIMER

EDB provides this presentation (including oral statements) gratuitously for information only and not for any other purpose. While care has been expended in the preparation of this presentation, EDB hereby disclaims all liability including, but not limited to, inaccuracies, incompleteness or lack of suitability for purpose of any information in the presentation.