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AI’s impact is bigger than we think

Every major technological shift throughout history follows the same pattern: many cling to what they know, while a smaller group adapts early and captures the gains. What makes…

Digital Realty expands innovation lab network to Singapore, Japan and London to accelerate AI and hybrid cloud implementation

Digital Realty, the global cloud- and carrier-neutral data center platform, announced Wednesday the expansion of its Digital Realty Innovation Lab (DRIL) into Singapore, Japan and…

IFC invests $40M in Malaysia’s Zetrix AI to improve access to digital public infrastructure services

The World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a $40 million equity investment in Zetrix AI Berhad, to improve…

Mambu expands payments hub into Indonesia, the Philippines, Malaysia and Singapore

Mambu, a global software as a service (SaaS) cloud banking platform, announced Wednesday the expansion of its Payments Hub solution into a number of territories including…

Patrick Grove’s ICON1C raises $7.92M from community and collaborators for expansion, acquisitions

ICON1C, a Singapore-based investment and operating platform focused on building businesses in the global premium experience economy, announced Thursday it has raised S$10 million…

S&P upgrades Grab to ‘BB’ on improving earnings quality

S&P Global Ratings has on Wednesday upgraded Grab Holdings to 'BB' from 'BB-' on improving earnings quality with positive outlook.

Milestone Systems expands Singapore footprint with the launch of Asia Experience Center

Milestone Systems, a global data-driven video technology, announced Wednesday the opening of its new Experience Center in Singapore, representing a major expansion of the…

Tanium appoints Satyen Desai as New Regional Vice President for ASEAN

Tanium, a global autonomous endpoint management (AEM) firm, announced Wednesday the appointment of Satyen Desai, as its Regional Vice President (RVP), ASEAN.

Maybank sees Sea’s Monee well positioned to benefit from AI-driven payment

Despite the artificial intelligence (AI)-related Shopee uncertainties, Maybank Investment Bank sees Monee well positioned to benefit from AI-driven payments while also capturing a…

IFC commits $25M to Seraya Partners Fund II to support sustainable infrastructure development in Southeast Asia

The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has…

Vinfast Middle East inks deal with PlusX Electric to strengthen EV ownership experience in the UAE

Vietnam-based electric vehicles (EVs) maker VinFast announced Monday the signing of a memorandum of understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and…

Singapore’s Crypto.com receives US trust bank approval

Singapore-based Crypto.com announced Monday that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter Foris Dax National Trust…

Singtel’s Digital InfraCo accelerates sovereign AI innovations with Center of Excellence for Applied AI with NVIDIA

Singtel’s Digital InfraCo announced Tuesday the launch of a Center of Excellence (CoE) for Applied AI with NVIDIA as part of the group’s strategy to build a strong, trusted…

Indonesia launches digital innovation hub to accelerate digital solutions

Bank Indonesia (BI) has initiated the Indonesia Digital Innovation Hub (PIDI) in collaboration with the Indonesia Financial Services Authority (OJK), Indonesia Payment System…

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