Alibaba Cloud, SAINS expand collaboration to enhance Sarawak’s digital public services, sustainability initiatives with AI-powered solutions

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Tuesday the extension of its collaboration with Sarawak Information Systems Sdn. Bhd.…

Google Cloud partners Gulf Edge to deliver AI-enabled sovereign cloud for Thailand

Gulf Edge Company Limited, a fully-owned subsidiary of Gulf Energy Development Public Company Limited, has teamed up with Google Cloud to deliver artificial intelligence…

Ascend Money secures $195M from MUFG and Finnoventure to accelerate digital financial inclusion in Thailand

Ascend Money, a Thailand-based homegrown fintech company, announced Wednesday that it has secured $195 million investment from Japanese lender Mitsubishi UFJ Financial Group, Inc.…

Malaysian hypermarket and retail chain Mydin launches new mobile ewallet

Malaysian hypermarket and retail chain Mydin Mohamed Holdings Bhd has on Wednesday launched a brand new mobile ewallet to further enhance the use of digital technology among…

Temasek backs Australian enviro-tech firm Samsara Eco in $65M funding

Singapore's state investor Temasek has backed Australian enviro-tech firm Samsara Eco in $65 million funding round. The round is also led by Australian deep tech investment fund,…

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AI at work: Moving forward with employee engagement

While AI has the potential to revolutionize employee engagement, we should realize this potential requires thoughtful implementation, ethical considerations, and a human-centric…

Great Wall Motor readies car plants in Malaysia and beyond – report

Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time…

Rocketlane raises $24M in Series B funding co-led by 8VC, Matrix Partners India, and Nexus Venture Partners

Indian workflow automation platform Rocketlane has on Tuesday announced $24 million Series B funding round as it expands the opportunity for professional services teams with…

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…

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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…