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RAS History & PhilologyАзия и Африка сегодня Asia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online) 2782-2389

Singapore and Hong Kong are Leaders of Asia in FinTech and ICT Industries Development

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PII
S0321507525010036-1
DOI
10.31857/S0321507525010036
Publication type
Article
Status
Published
Authors
Victoria Zabolotskaya
  • Occupation: PhD (Economics), Associate Professor, Department of Management, Head of the Master’s Program “International Business Management”, Institute of World Economy and Business
  • Affiliation: RUDN University
Abstract
The research proposes an approach for assessing the effectiveness of FinTech and ICT sectors using the international rating and method of statistical analysis for digital and ICT indicators. The author determined the competitive advantages of Singapore and Hong Kong in the Global FinTech and ICT Market and the factors behind lagging Asian countries in this area for 2014-2024. For adaptation of experience of Singapore and Hong Kong into practice, it could be useful to develop infrastructure by: creating a FinTech center and platforms for the exchange of commercial and credit data based on Artificial Intelligence and Blockchain, including a cross-industry register of financial institutions and Fintech providers, as well as improving the efficiency of incubators, accelerators, FinTech “sandboxes” in the regions and introduction of FinTech services laboratories under the Governments and in universities. According to the experience of Singapore, the author proposed the improvement of the quality of Higher education for FinTech & ICT specialists by intensifying cooperation between universities, key financial centers and FinTech providers.
Keywords
Азия Сингапур Гонконг финансовые технологии конкурентоспособность информационно-коммуникационные технологии Интернет
Date of publication
11.11.2025
Year of publication
2025
Number of purchasers
0
Views
61

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