AirAsia MOVE’s third quarter revenue declines on reduced sale of AirAsia flight tickets

AirAsia MOVE, the digital arm of Malaysia-based Capital A, has reported lower revenue during the third quarter ended September 30, 2024, mainly due to reduced sale of AirAsia…

Malaysia’s Catcha Digital acquires 51 percent stake in Nexible Solutions for $2.56M to expand into SaaS and AI sectors

Malaysia-based digital platform Catcha Digital Berhad has announced its entry into a share sale agreement to acquire a 51 percent interest in Malaysian software as a service…

US e-commerce giant Amazon invested over $1.49B in Singapore

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in…

1337 Ventures Partners with GX Bank to lead TeXnovasi Accelerator

1337 Ventures, Malaysia-based venture capital firm, announced its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from…

Deloitte’s tech, media & telecoms 2025 predictions: Generative AI paves way for transformative future

By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well…

GCash said to weigh record Philippine IPO of up to $1.5B – report

The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.

Indonesia’s AC Ventures & PwC Indonesia release Cybersecurity Playbook for private sector amid rising digital threats

Titled “Cybersecurity Playbook for Startups,” the comprehensive guide addresses the growing need for robust cyber defense mechanisms among new ventures and scale-ups alike,…

Hong Kong to offer crypto tax break for hedge funds, family offices – report

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit…

lighted city at night aerial photo

AI growth is built upon Iinfrastructure modernization: How businesses must adapt to thrive

As AI continues to evolve, businesses must address current infrastructure challenges and anticipate future shifts in the #AI landscape. This includes focusing on security and…

Malaysia’s Yinson Renewables secures $59M financing for Matarani solar project from IDB Invest, Natixis

Malaysia-based renewable energy firm Yinson Renewables has secured a $59 million senior secured green financing for the Matarani Solar Project in Peru from IDB Invest and Natixis…

Thailand’s Chula, Google Cloud team up for generative AI for higher education

Chulalongkorn University (Chula), Thailand’s higher education institution, and Google Cloud have on Thursday announced a partnership for generative artificial intelligence (gen…

ZTE, TrueBusiness and CPF team up to develop 5G solution for smart factories in Thailand

China-based integrated information and communication technology firm ZTE Corporation, has teamed up with Thailand telecom-tech firm True Corporation subsidiary TrueBusiness and…

ADB, Mastercard launch innovative partnership to finance MSMEs in Asia and the Pacific

The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish…

Malaysia’s Meta Bright forges partnership with Tunas Manja for solar PV installation

Meta Bright Group Berhad, a Malaysia-listed company, has announced a strategic partnership with Tunas Manja Sdn. Bhd.(TMG), a Malaysia-based grocery and retail operators, for…