News
Singtel launches AI cloud service for enterprises
Singtel announced on Thursday the launch of RE:AI, its new Artificial Intelligence Cloud Service (AI Cloud) offering, aimed at democratizing AI to make it widely available to organizations. This gives enterprises and public sector customers affordable access to AI technologies that can seamlessly transform their operations without needing to invest or…
Singapore’s Meridian Innovation secures $12.5M to scale operations
Meridian Innovation Pte Ltd, a Singapore-based thermal imaging sensors developer, has announced it has raised $12.5 million in a funding round led by new investors, strategic partners, as well as participation from existing investors.
GTR launches electric baggage tractors in Malaysia’s airports
Ground Team Red Sdn Bhd (GTR), a Malaysia-based aviation ground services provider under a joint venture between SATS Ltd and AirAsia, has on Thursday officially launched its first fleet of electric vehicle (EV) baggage tractors for use at the Kuala Lumpur International Airport (KLIA) Terminal 1 and Terminal 2.
Maybank sees Bukalapak a potential candidate for TEMU
Maybank Investment Bank sees Indonesian e-commerce firm Bukalapak as a potential candidate for TEMU, an online marketplace operated by the Chinese e-commerce company PDD Holdings, due to its leaner business model.
ByteDance’s TikTok lays off hundreds of employees in Malaysia – report
A source close to the Malaysian branch of the company told The Malaysian Reserve (TMR) that more than 500 employees were terminated.
Alternative Airlines partners Triple-A to expand cryptocurrency options
Alternative Airlines, an online travel agency based in the United Kingdom,, has on Thursday announced its partnership with Triple-A, a licensed digital currency provider based in Singapore, to expand cryptocurrency options.
UiPath partners Indosat to drive Indonesia’s digital transformation
UiPath, an enterprise automation and artificial intelligence (AI) company based in the United States, has announced a partnership with Indosat Ooredoo Hutchison (Indosat) to empower 100,000 digital talents in Indonesia with enterprise automation skills by 2027.
Maybank sees virtual banking, cyber-security spending as two growth drivers for Thailand tech services
Maybank Investment Bank sees virtual banking investment and expected increases in cyber-security spending as two key drivers for Thailand tech services sectors in the next two years.
Singapore’s Farquhar VC & South Korea’s Twin Ventures join hands to strengthen cross-border startup ecosystem relations
Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.
Alipay+ transactions triple in 2024 as travel industry embraces cross-border digital payment & marketing technology
In the first nine months of 2024, the number of people using Alipay+ payment partner apps while abroad increased by three times, and the number of transactions increased by more than three times.
