Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year

Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).

Coca-Cola, Grab expand partnership to deliver innovative consumer experiences in Southeast Asia

Singapore-based superapp Grab and global soft drink manufacturer Coca-Cola are advancing their strategic partnership in Southeast Asia to better engage today’s increasingly hybrid…

Bitcoin heading 100K: A new chapter about to begin for crypto adoption

Looking ahead to next year, the election victory of President #Trump could signal a broader shift of regulation over the #Crypto industry and will have a far-reaching impact on US…

BDx Indonesia launches AI data center park in Indonesia

BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat), Lintasarta, and BDx Data Centers (BDx), has recently launched an artificial intelligence (AI) data…

CGS International sees potential downside risks to Malaysia’s technology sector earnings

CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening…

CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startups

The #Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding…

Malaysia Venture Forum 2024 opens in KL, brings together public & private sectors to discuss future of VC ecosystem

The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation.

Malaysia’s AI startup Mesolitica builds Malaysian LLM for generative AI assistants on AWS

With AWS, Mesolitica can now deploy proofs of concept (PoCs) in as little as 24 hours, while the AWS Asia Pacific (Malaysia) Region provides a 20 percent reduction in latency,…

KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.

Thailand Post partners with insurtech firm bolttech to launch online motor insurance

Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.

Top tech events in Thailand that you shouldn’t miss

These tech gatherings are diverse in focus, spotlighting cutting-edge advancements in artificial intelligence, blockchain, fintech, and more. They are structured to go beyond…

Malaysia’s Sime Darby Property to develop additional data centers at its business park

Malaysian property developer Sime Darby Property Berhad has on Monday announced the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, a…

Thailand’s Central Food Retail partners with Google Cloud to launch AI shopping assistant

Thailand supermarket chain Central Food Retail Company Limited has partnered with Google Cloud to launch an artificial intelligence (AI) shopping assistant.

Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector

Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector…