Red Hat honours CIMB Bank Malaysia for pioneering Open Source initiatives

Embodying this year’s theme, “Unlock what’s next”, the Red Hat APAC Innovation Awards celebrates customers who have harnessed the power of open source technologies to drive…

Malaysia launches National AI Office for policy, regulation – report

The government on Thursday also announced strategic partnerships with six companies, including Google, Amazon, and Microsoft, which have all announced data center, cloud and AI…

Singapore’s KAST secures $10M in seed round led by HSG, Peak XV Partners

KAST, a Singapore-based financial-technology platform built on stable coins, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV…

Equinix appoints Cyrus Adaggra as President for Asia-Pacific

Equinix, Inc., the global digital infrastructure company, has appointed Cyrus Adaggra, a four-year Equinix veteran, as President of Asia-Pacific (APAC).

UiPath collaborates with The Bank of East Asia on enterprise automation solutions

UiPath, a global enterprise automation and artificial intelligence (AI) software company, has announced its partnership with The Bank of East Asia, Limited (BEA) to scale the use…

Australia’s Airwallex reports 83 percent revenue growth across APAC

Australian digital payment firm Airwallex said Wednesday it has reported strong year-on-year revenue growth across its Asia Pacific (APAC) region.

Singapore’s Carro receives strategic investment from Woori for SEA expansion plans

Carro, a Singapore-based online used car platform, said Tuesday it has received strategic investment from Woori Venture Partners as the firm ramping up expansion plans in…

DNeX, Gamuda team up to provide Google distributed cloud services in Malaysia

Malaysia-based firms Gamuda Berhad and Dagang NeXchange Berhad (DNeX) have teamed up to provide novel air-gapped Google distributed cloud services (GDC Services) to the public…

Malaysia’s SC partners CGC to boost MSME and MTC access to capital market financing

The Securities Commission Malaysia (SC) said Wednesday it has recently signed a memorandum of understanding (MoU) with Credit Guarantee Corporation Malaysia Berhad (CGC Group) and…

Malaysia’s Gamuda to acquire 20 percent stake in Google cloud partner for $4.07M

Malaysian engineering, property and infrastructure company Gamuda Berhad has announced its strategic plan to acquire a 20 percent stake in Cloud Space Sdn Bhd (Cloud Space), a…

Cyberport’s AI Supercomputing Center officially commences operations

Hong Kong Cyberport’s Artificial Intelligence Supercomputing Center (AISC), first of this kind currently in Hong Kong, has officially commenced operations, and the AI Lab is also…

Singapore’s Crypto.com teams up with Deutsche Bank for banking services

Singapore-based cryptocurrency exchange company Crypto.com announced Tuesday that Deutsche Bank will provide corporate banking services for Crypto.com in Singapore, Australia and…

GrabAds expands partnership with GroupM to power geo-based audience data

GrabAds, the advertising arm of Singapore-based superapp Grab, will expand its strategic partnership with GroupM, WPP’s media investment group, to help the latter’s clients unlock…

Singapore’s BECIS raises $53M to support growth in solar, bioenergy and new solutions

BE C&I Solutions Holding (BECIS) has on Monday announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments…