TechNode Global Staff
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 and looming impact from the Global Minimum Tax.
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
Teleport’s revenue rises in third quarter on higher delivery parcels moved
Capital A's logistics arm Teleport has reported higher revenue in the third quarter amid higher tonnage and delivery parcels moved.
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 flight tickets.
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 (SaaS) firm Nexible Solutions Sdn Bhd (Nexible) for a cash consideration of MYR 11.38 million ($310 million).
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 Corporate & Investment Banking (Natixis CIB).
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 AI) for higher education.
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 Thailand food conglomerate Charoen Pokphand Foods (CPF) to create a collaboration in 5G smart factory using independent private network, known as 5G-in-a-box, at CPF’s factory.
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 a groundbreaking partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific.
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 solar photovoltaic (PV) installation.
