BW Digital partners Citramas to build data center in Indonesia

BW Digital, a member of BW Group and headquartered in Singapore, and Citramas Group, an Indonesia-based conglomerate, have on Monday announced the signing of a memorandum of…

US’s Vantage Data Centers secures $64M loan from top Taiwanese banks

Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank…

Animoca Brands Japan partners KDD to accelerate Web3 adoption through Mocaverse and αU

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, and KDDI Corporation (KDDI) have signed a memorandum of understanding (MoU) to explore a strategic alliance to…

Singapore’s Sea achieves first full year annual profit since IPO

Singapore-based tech conglomerate Sea Limited has achieved its first full year of annual profit in 2023 since its initial public offering (IPO). The firm posted a net income of…

Most businesses bullish on using generative AI to disrupt, but underestimate requirements, says study

A global study by MIT Technology Review Insights (MITTR) has found that while most businesses are seeking to disrupt their industries using generative artificial intelligence…

India’s Cardiotrack secures $2M in Pre-series A funding led by seasoned angel investor

Cardiotrack, an India-based provider health-tech firm, has on Monday announced that it has received $2 million in Pre series-A funding. The funding is coming from a slew of…

Singapore’s EduSpaze announces six early-stage startups for its accelerator program

EduSpaze, Singapore’s leading edtech accelerator, has on Tuesday welcomed six early-stage startups across the region into its well-established three-month accelerator program. The…

Malaysia’s first smart AI container port to be built in Port Dickson, Negeri Sembilan

The Negeri Sembilan government, in partnership with Malaysia listed company Tanco Holdings Berhad, have announced the signing of a joint venture agreement for the development of…

Huawei, NUR Power and JS Solar team up to develop smart and green industrial park in Malaysia

Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), N.U.R Power Sdn Bhd (NUR Power) and JS Solar Sdn Bhd (JS Solar) will jointly develop an inaugural Smart and Green…

man and woman sitting on table

Creating advantage in uncertainty

The business environment is becoming increasingly challenging, with a fast-changing macroeconomic environment, growing pressure around climate change and sustainability, market…

Soon-to-be-rebranded MRANTI to focus on DroneTech & robotics, HealthTech, Argitech, autonomous vehicle

MRANTI is headquartered at MRANTI Park, an extensive 686 acre 4IR innovation hub in Kuala Lumpur, supporting the growth of smart manufacturing, biotech, agritech, smart city,…

Indonesia’s wagely secures $23M in new funding led by Capria Ventures

Wagely, an Indonesia-based financial wellness platform, has secured $23 million in new funding amidst current funding drought as the company surpasses more than one million salary…

GS1 Philippines launches “GS1 Activate” to boost digital transformation of 30,000 PH retailers with robust barcode system

GS1 Philippines, the organization on local barcode standards, has officially launched GS1 Activate, a web-based service aimed at simplifying barcode generation and symbol creation…

PropertyGuru reports $740,000 net profit in 4Q amid higher revenue

Singapore-based PropTech company PropertyGuru has reported net profit of SGD 1 million ($740,000) in the fourth quarter ended December 31, 2023 amid higher revenue, as compared to…