Features

How open-source fosters trust and innovation: Q&A with Ant Group’s Wang Xu

This TNGlobal Q&A with Mr. Wang Xu, Vice Chairman of the Open-Source Technology Committee at Ant Group, aims to explore the underlying motivations for Ant Group's commitment to #OpenSource, the expected outcomes of such initiatives, the balance between open-source contribution and proprietary business interests, and the cultural shifts that come with…

Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report

Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to Bloomberg's questions, declining to comment on specific numbers. “We remain committed to investing in all of our current markets and plan to accelerate profitable growth in 2024.”

Innovating for FinTech inclusion: Ant International’s plans for the next billion users

At the #SingaporeFinTechFestival 2023, we learn how innovations are rewriting the narrative of financial empowerment, enabling a future where everyone, regardless of their geographical or socio-economic background, will have access to essential financial tools and services.

Thailand’s SCG’s IoT unit, powered by Tuya Smart, eyes China market

The Tuya Innovation Roundtable (Asia Pacific) on Oct 18 in Bangkok also includes presentations by all three companies, a panel discussion and interview sessions. Media representatives were also given the opportunity to experience “mind” smart home solutions and some other IoT products and services developed by SCG.

Singapore’s SPH Media to acquire tech media firm Tech in Asia

Financial terms of the transaction will not be disclosed.

Smart materials for energy harvesting and storage

The webinar was moderated by Professor Sir Kostya Novoselov, a 2010 #NobelPrize Laureate in #Physics and a Member of the VinFuture Prize Council. Renowned for his contributions in graphene material research, condensed matter physics, mesoscopic physics, and #nanotechnology, Professor Novoselov holds esteemed positions as the Tan Chin Tuan Centennial…

Malaysia’s Capital A prepares to raise more than $1B in debt, equity as it prepares New York SPAC listing – report

Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.

Singapore regulator raises competition concerns on Grab’s plan to acquire Trans-cab

The statement comes after the CCCS completed its Phase 1 review of the proposed acquisition by Grab through its wholly-owned subsidiary, Grab Rentals Pte Ltd of 100 percent stake in Trans-cab.

Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report

Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.

PH startup PetPal plans to build ‘superapp’ as it targets $1.6B pet care market in Southeast Asia [Q&A]

In the interview, 917Venture Head of Ideation and Acceleration Glenn Estrella also shared PetPal’s short-term and long-term plans, the potential and opportunities the company sees in the pet care market in the Philippines and the rest of Southeast Asia, among others.