News

Singapore’s Crypto.com partners with Mastercard to scale the digital payments industry in GCC region

Singapore-based cryptocurrency exchange firm Crypto.com has secured a principal license with Mastercard, enabling the company to directly issue cards on Mastercard’s network.

Grab picks AWS as preferred cloud provider to drive technology innovation and growth

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company , announced Thursday that Grab, Southeast Asia’s leading superapp, has selected AWS as its preferred cloud provider.

Alibaba Cloud revamps global partnership ecosystem to fuel AI-driven growth

The initiatives aim to foster the growth of global partners and accelerate the development and deployment of cutting-edge artificial intelligence and cloud computing solutions for businesses across various industries worldwide.

Thailand’s Betagro invests in Dutch cultivated meat tech firm Meatable

Meatable, a Dutch cultivated meat technology company dedicated to creating sustainable, real meat without harming animals, announced Tuesday a strategic investment from Betagro Ventures, the corporate venture capital arm of Thailand-based integrated food company Betagro.

GORO becomes first participant in Indonesia’s Regulatory Sandbox for property tokenization

GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.

Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year

Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).

Coca-Cola, Grab expand partnership to deliver innovative consumer experiences in Southeast Asia

Singapore-based superapp Grab and global soft drink manufacturer Coca-Cola are advancing their strategic partnership in Southeast Asia to better engage today’s increasingly hybrid shoppers.

BDx Indonesia launches AI data center park in Indonesia

BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat), Lintasarta, and BDx Data Centers (BDx), has recently launched an artificial intelligence (AI) data center park in Indonesia.

Malaysia Venture Forum 2024 opens in KL, brings together public & private sectors to discuss future of VC ecosystem

The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation.

Malaysia’s AI startup Mesolitica builds Malaysian LLM for generative AI assistants on AWS

With AWS, Mesolitica can now deploy proofs of concept (PoCs) in as little as 24 hours, while the AWS Asia Pacific (Malaysia) Region provides a 20 percent reduction in latency, critical for achieving human-like conversations in AI voice assistants.