News

Singapore’s Bitlayer raises $11M in Series A round led by Franklin Templeton, ABCDE

Singapore-based Bitlayer Labs, the first Bitcoin Layer 2 based on the BitVM paradigm, has on Tuesday announced the successful completion of its $11 million Series A funding round.

Malaysia’s Cradle leads ASEAN startup initiative to foster growth among regional startups

Malaysia's Ministry of Science, Technology and Innovation (MOSTI) as the National Committee on Science, Technology and Innovation (COSTI) Chair of Malaysia has mandated Cradle Fund Sdn. Bhd. (Cradle), the focal point agency for Malaysia’s startup ecosystem, to lead the ASEAN Startup Initiative under the Science, Technology and Innovation (STI) sector.

Malaysia’s AirAsia MOVE monthly active users down 13 percent year on year in second quarter

AirAsia MOVE, the superapp of Malaysia-based Capital A, saw its overall monthly active users (MAU) down by 13 percent year on year to 13.01 million in the second quarter.

Malaysia’s Iskandar Investment launches Tech Medini to catalyze digital economy sector for JS-SEZ

Malaysia's Iskandar Investment Berhad (IIB) has launched Tech Medini on Monday, a landmark initiative marking a significant leap forward in solidifying Medini's position as Johor’s premier Digital and Innovation Hub.

TM and Singtel’s Nxera break ground for sustainable, hyper-connected data center campus in Johor

Telekom Malaysia (TM), a Malaysia-based telecommunications firm, and Nxera, the regional data center arm of Singtel’s Digital InfraCo unit, have launched their data center campus in Iskandar Puteri, Johor of Malaysia.

Foodpanda partners Visa solution Cybersource to enhance customer checkout experience in APAC

Foodpanda, a subsidiary of Delivery Hero, has on Thursday announced its strategic partnership with Cybersource, a Visa Solution, to elevate their customer checkout experience through frictionless payments in more than 10 markets across Asia Pacific.

Tech Data inks distribution partnership with Equinix in Singapore and Hong Kong

Tech Data, a TD SYNNEX Company, has on Thursday announced a new partnership with Equinix, a global digital infrastructure company, with Tech Data being named the first distributor for Equinix’s solutions in Singapore and Hong Kong.

Bridge Alliance partners Singtel to launch regional telco API exchange powered by Singtel Paragon platform

Bridge Alliance, a mobile alliance of 34 member operators worldwide, and Singtel, a Singapore-based communications technology group, have on Wednesday announced a strategic partnership to accelerate regional Application Programming Interface (API) federation with a telco API exchange powered by Singtel’s Paragon, the all-in-one orchestration platform for…

One in five APAC organizations look to AI/ML-powered solutions to tackle API security challenges

Asia Pacific (APAC) organizations are increasingly relying on artificial intelligence (AI) and machine learning (ML) enabled solutions to tackle a wide array of security challenges around application programming interfaces (APIs), according to F5 research revealed on Wednesday.

Moody’s : APAC data center capacity to more than double by 2028

Moody's Ratings has forecast Asia Pacific (APAC) data center capacity to grow at a compound annual average rate of almost 20 percent through 2028, involving an investment of about $564 billion, as rising computing demand fuels expansion.