Report: 84% of Singapore travel companies see fragile margins due to inefficient payment systems
66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in ten expected to prioritize modernizing their…
Report: generative AI is set to be adopted by 85% of the software workforce over the next two years
Generative artificial intelligence AI (Gen AI) is expected to play a key role in augmenting the software workforce, assisting in more than 25 percent of software design,…
Report: Southeast Asia’s retailers bet big on social commerce despite economic climate
Southeast Asian retailers are placing big bets on social media as 68 percent plan to increase investment in social commerce over the next 12 months, Shopify Inc said Thursday.
Securities Commission Malaysia’s FIKRA ACE seeks FinTech startups to enhance Islamic capital market
The Securities Commission Malaysia (SC) is seeking FinTech startups to enhance Islamic capital market via the second cohort of its FIKRA ACE accelerator program, part of the FIKRA…
Malaysia’s Sime Darby Property and TNB’s GSPARX join forces to undertake rooftop solar projects
Malaysian property developer Sime Darby Property and utility firm Tenaga Nasional Berhad (TNB)’s solar solution provider subsidiary GSPARX have joined forces to undertake rooftop…
Filipino startup Packworks bags $60k government funding to develop AI-powered marketing tool for ‘sari-sari’ stores
Filipino startup Packworks has secured PHP3.5 million ($60,000) from Philippine government to launch $85,000 artificial intelligence (AI)-powered precision marketing tool for…
Singapore’s Keppel DC REIT acquires a data center in Japan for $149M
Singapore-listed data center real estate investment trust Keppel DC REIT Management Pte. Ltd has entered Japan with acquisition of a hyperscaler data center in Tokyo for S$201…
Malaysia’s Solarvest appoints new chief investment officer to drive investment strategies
Malaysia-based clean energy firm Solarvest Holdings Berhad has on Wednesday announced the appointment of Daniel Ruppert as its Chief Investment Officer, effective July 1, 2024.
Sumsub partners Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia
Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast…
Malaysia’s CelcomDigi launches AI Experience Center
Malaysia-based telecommunication firm CelcomDigi Berhad has on Tuesday launched its CelcomDigi AI Experience Center (AiX) - a one-stop immersive innovation and collaboration hub…
Thunes inks strategic partnership with LianLian Global for new payment service
Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.
Fave Singapore secures in-principle approval for MPI license from MAS
Fave Singapore, part of the fintech firm Pine Labs group, has on Wednesday announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS)…
Leader Energy secures $23M loan from HSBC to support solar projects in Vietnam
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Malaysia-based Leader Energy Holding Berhad (Leader Energy), a wholly owned subsidiary of HNG Capital, have signed a VND 593 billion…
Ant Group-backed India’s Paytm gets government panel nod to invest in its payments arm – report
The government panel had earlier held back approval due to concerns about the 9.88 percent stake in Paytm held by China's Ant Group. India has intensified scrutiny of Chinese…
