News

Kyndryl, the global information technology (IT) infrastructure services provider, has on Thursday announced the establishment of its first Mainframe Modernization Center of Excellence (CoE) in Malaysia working with Amazon Web Services (AWS).

Tencent Cloud, the cloud business arm of global technology company, Tencent, has on Thursday sealed a partnership with Nokia, a global provider of network infrastructure solutions, to support enterprises in Singapore and Asia Pacific as they level up their cloud and network infrastructure for the next phase of digital transformation.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Tuesday the extension of its collaboration with Sarawak Information Systems Sdn. Bhd. (SAINS), an information and communications technology (ICT) systems integrator and solutions provider in Sarawak of Malaysia.

Gulf Edge Company Limited, a fully-owned subsidiary of Gulf Energy Development Public Company Limited, has teamed up with Google Cloud to deliver artificial intelligence (AI)-enabled Sovereign Cloud for Thailand.

Ascend Money, a Thailand-based homegrown fintech company, announced Wednesday that it has secured $195 million investment from Japanese lender Mitsubishi UFJ Financial Group, Inc. (MUFG) and Thailand-based Finnoventure Private Equity Trust I Fund.

Malaysian hypermarket and retail chain Mydin Mohamed Holdings Bhd has on Wednesday launched a brand new mobile ewallet to further enhance the use of digital technology among consumers.

Singapore's state investor Temasek has backed Australian enviro-tech firm Samsara Eco in $65 million funding round. The round is also led by Australian deep tech investment fund, Main Sequence.

Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.

Indian workflow automation platform Rocketlane has on Tuesday announced $24 million Series B funding round as it expands the opportunity for professional services teams with artificial intelligence (AI) capabilities.

Zed, a credit-led neobank, announced Wednesday it has received its certificate of authority to operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).