News

Indonesia’s Telkom plans to integrate Meta’s LlaMa technology

Indonesia-based telecommunications firm Telkom Group said Tuesday that it plans to implement LlaMa, a state-of-the-art, open-source AI model developed by global technology firm Meta, into the customer chatbots of its enterprise clients.

Salesforce survey: 60 percent of Singapore consumers bullish about the AI impact in FSI

60 percent of Singapore consumers, including majority of millennials and Gen Z, are bullish about the impact of artificial intelligence (AI) in financial services industry (FSI), a survey by Salesforce showed Wednesday.

Carro rolls out brand new cars in Singapore

Singapore-based online used car platform Carro has rolled out brand new cars in the country, expanding automotive options for customers complete with in-house financing and after sales services.

Rumah123 partners Ringkas to boost property financing in Indonesia

Indonesia-based property marketplace Rumah123 has established a strategic partnership with digital mortgage platform PT Ringkas Technology (Ringkas) to boost property financing in the country.

Singapore’s Venturi Partners launches $225M second fund

Venturi Partners, a Singapore based growth-stage consumer-focused investor in India and Southeast Asia, has announced the launch of its second fund, targeting $225 million, with a hard cap of $250 million.

Telkomsel and Novosol ink partnership to boost mobile video advertising revenue in Indonesia

Indonesia's largest telecom operator Telkomsel has signed a mobile video advertising agreement with Novosol, a global mobile video advertising leader, to boost their revenue in the country.

The Philippines-based payment firm Higala extends seed funding to $2.8M

Higala, an inclusive instant payment system in the Philippines, has extended its seed funding round to $2.8 million with fresh funds from Talino Venture Studios, a global venture studio for sustainable innovation.

Singapore healthtech start-up Kyberlife closes $3M investment round

Kyberlife, a Singapore-based business to business (B2B) healthcare e-commerce platform, has on Wednesday announced it has raised $3 million in its latest investment round led by Singapore venture capitalist firm 5I Ventures.

Indonesian e-commerce firm Bukalapak reports 7 percent q-o-q increase in revenue in Q4 of 2024

Indonesian e-commerce firm PT Bukalapak.com Tbk announced Wednesday that its revenue rose 7 percent quarter-on-quarter in the fourth quarter of 2024, primarily driven by a strong 21 percent increase in marketplace revenue.

Airbus, M1, CitiCall team up to launch Airbus Agnet in Singapore

Global aerospace and defense company Airbus, Singapore's telecommunications firm M1 Limited and digital radio services firm CitiCall Communications have signed a memorandum of understanding (MoU) to introduce Agnet, a next-generation, state-of-the-art mission-critical communication application, to the Singapore market.