News

Report: generative AI is set to be adopted by 85% of the software workforce over the next two years

Generative artificial intelligence AI (Gen AI) is expected to play a key role in augmenting the software workforce, assisting in more than 25 percent of software design, development, and testing work in the next two years, Capgemini Research Institute said Thursday.

Report: Southeast Asia’s retailers bet big on social commerce despite economic climate

Southeast Asian retailers are placing big bets on social media as 68 percent plan to increase investment in social commerce over the next 12 months, Shopify Inc said Thursday.

Securities Commission Malaysia’s FIKRA ACE seeks FinTech startups to enhance Islamic capital market

The Securities Commission Malaysia (SC) is seeking FinTech startups to enhance Islamic capital market via the second cohort of its FIKRA ACE accelerator program, part of the FIKRA ACE initiative.

Malaysia’s Sime Darby Property and TNB’s GSPARX join forces to undertake rooftop solar projects

Malaysian property developer Sime Darby Property and utility firm Tenaga Nasional Berhad (TNB)’s solar solution provider subsidiary GSPARX have joined forces to undertake rooftop solar projects in Malaysia.

Filipino startup Packworks bags $60k government funding to develop AI-powered marketing tool for ‘sari-sari’ stores

Filipino startup Packworks has secured PHP3.5 million ($60,000) from Philippine government to launch $85,000 artificial intelligence (AI)-powered precision marketing tool for ‘sari-sari’ stores (neighborhood mom-and-pop stores).

Singapore’s Keppel DC REIT acquires a data center in Japan for $149M

Singapore-listed data center real estate investment trust Keppel DC REIT Management Pte. Ltd has entered Japan with acquisition of a hyperscaler data center in Tokyo for S$201 million ($149 million).

Malaysia’s Solarvest appoints new chief investment officer to drive investment strategies

Malaysia-based clean energy firm Solarvest Holdings Berhad has on Wednesday announced the appointment of Daniel Ruppert as its Chief Investment Officer, effective July 1, 2024.

Sumsub partners Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia

Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia.

Malaysia’s CelcomDigi launches AI Experience Center

Malaysia-based telecommunication firm CelcomDigi Berhad has on Tuesday launched its CelcomDigi AI Experience Center (AiX) - a one-stop immersive innovation and collaboration hub to lead, inspire, and advance the creation of world-class digital solutions across a range of sectors and verticals.

Thunes inks strategic partnership with LianLian Global for new payment service

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.