BIS and central bank partners to explore protocols for embedding policy and regulatory compliance in cross-border transactions
The Bank for International Settlements (BIS) and central bank partners have on Thursday launched Project Mandala, which explores the feasibility of encoding jurisdiction-specific…
Vietnam’s VinFast net loss increases despite rising revenues
Vingroup JSC automaker arm VinFast Auto Ltd, has reported higher net loss in the third quarter despite rising revenues. The firm's net loss for the quarter stood at $622.9…
Aampe secures $7.5M in funding led by Matrix Partners India, Peak XV Partners
Aampe, an artificial intelligence (AI)-native user engagement platform, has on Thursday announced a $7.5 million Pre-Series A funding round led by Matrix Partners India and Peak…
Avnet appoints master distributor of Kerlink to advance IoT strategy across Asia Pacific
Global technology distributor and solutions provider Avnet has recently signed a contract with Kerlink, a provider of internet of things (IoT) solutions based in France,…
Malaysian Central Bank to finalize DITO Framework in first half of 2024
Malaysian Central Bank said Thursday that it will be refining several aspects of the Digital Insurers and Takaful Operators (DITO) Framework. Bank Negara Malaysia plans to…
Earth Venture Capital backs Treetoscope in the $7M seed funding round
Israel-based irrigation management platform TreetoScope has closed its seed funding round invested by Israeli Champel Capital, Earth Venture Capital, SeedIL, and other strategic…
Telstra International strengthens global managed cyber security services with new center in Manila
Telstra International, the global arm of leading telecommunications and technology company Telstra, has on Thursday opened the doors to its new Telstra Security Service Centre…
Adobe report finds Singapore firms lagging behind generative AI adoption
Adobe report finds Singapore firms lagging behind generative AI adoption. Brands in Singapore are prioritizing customer experiences to drive growth, but are challenged by reduced…
Hong Kong Web3 fund CMCC Global launches $100M in first close
CMCC Global, a Hong Kong based Web3 and blockchain fintech fund, has launched a $100 million new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to…
The vital role of direct communication in AI-powered recruitment
While #AI-based #recruitment brings about a host of benefits to both job hunters and recruiters, as with any tool, it is a double-edged sword. It takes a keen understanding and…
Alibaba Cloud partners SAINS to offer private cloud program in Malaysia
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Wednesday announced its collaboration with Sarawak Information Systems (SAINS), a…
Singapore’s HeLa Labs launches stablecoin-powered layer one blockchain network
HeLa Labs, a Singapore-based hi-tech company, has on Tuesday announced the official launch of a next-generation layer one blockchain network with privacy-preserving and consensus…
SoftBank to expand global IoT business in Asia-Pacific region
SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the…
India’s Zoomcar foresees SPAC deal to close in the fourth quarter
India-based emerging market focused car sharing platform Zoomcar foresees its special purpose acquisition company (SPAC) deal to close in the fourth quarter this year. The…
