Malaysia to tap Chinese investors to build more data centers – report
US tech giants including Microsoft Corp, Google and Nvidia Corp had already announced plans to build data centers in Malaysia in the past year, and Chinese firms are interested in…
Jet-setting with AI: How generative AI is setting new standards for customer service in travel
Today’s LLM-powered dynamic AI agents are revolutionizing the travel industry by enhancing customer experience and operational efficiency. Integrated AI-first automation creates…
Philippine-based Zed secures license to operate as a standalone credit card issuer
Zed, a credit-led neobank, announced Wednesday it has received its certificate of authority to operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas…
Malaysia’s OSK-SBI Venture Partners launches second fund and makes first investment
OSK-SBI Venture Partners Ltd. (OSK-SBI) has on Wednesday announced the launch of its second venture capital fund to invest in category-defining companies across Southeast Asia.…
Gentari partners Virta to grow EV charging market in Southeast Asia
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), a subsidiary of Malaysia’s Petronas Group, is collaborating with Finland-based electric vehicle (EV) charging…
IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance
To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing…
Indonesia tech startup funding plunges 64% on year in first half
Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.…
More than 40 Indonesian agencies hit by cyberattack on data centers – report
Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.
Novo invests in Indian agritech firm AgNext Technologies
Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology…
From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives
Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial…
Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half
Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said…
Silverlake Axis ventures into Cambodia through strategic partnership with Chip Mong
Singapore-listed fintech and digital banking solutions provider Silverlake Axis Ltd. (SAL) has ventured into Cambodia through strategic partnership with Chip Mong Group, a…
Singapore’s Atome Financial secures up to $100M growth debt facility from EvolutionX to drive expansion in Southeast Asia
Singapore-based fintech firm Atome Financial has secured up to $100 million growth debt facility from EvolutionX to drive profitable expansion in Southeast Asia.
Hong Kong fintech firm FundPark secures $250M in loan led by HSBC
FundPark, a Hong Kong-based fintech company, has closed an asset-backed securitization (ABS) facility of up to $250 million, of which HSBC will provide up to $200 million as the…
