News

CelcomDigi, Huawei, ZTE team up to boost Malaysia’s digital network with AI

Malaysian telecommunication firm CelcomDigi Berhad has on Thursday announced that it has signed two memorandums of understanding (MoUs) with Huawei Technologies (Malaysia) Sdn Bhd and ZTE (Malaysia) Corporation Sdn Bhd respectively, to boost Malaysia’s future digital network with artificial intelligence (AI).

Hong Kong’s Hex Trust receives major payment institution license from MAS

Hex Technologies (Hex Trust), a Hong Kong-based digital assets financial institution, announced Thursday that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Indian fintech firm Razorpay expands into Singapore

India’s fintech firm Razorpay has on Thursday announced its expansion into Singapore, marking its second destination in South-East Asia.

Animoca Brands bookings rise to $314M in 2024 amid digital asset business growth

Hong Kong-based gaming firm Animoca Brands announced Wednesday that its bookings (total sales and income generating activity) rose to $314 million in 2024, from $280 million a year ago.

Nutanix: Singapore organizations lead in GenAI optimism, but face infrastructure readiness challenge

Singapore organizations lead in generative artificial intelligence (GenAI) optimism, but face infrastructure readiness challenge, Nutanix study revealed Thursday.

GXS Bank partners Thoughtworks to accelerate its digital bank launch in SEA

GXS Bank, a joint venture between Grab Holdings and Singtel, has partnered with US-based technology consultancy firm Thoughtworks to accelerate its digital bank launch in Southeast Asia (SEA).

J&T Express achieves profit in 2024 after recording 15.9 percent growth in revenue

J&T Global Express Limited, a global logistics service provider, has achieved full-year profit for the first time in 2024 after recording 15.9 percent in revenue growth.

Vietnam-based EnergyTech startup SmartSolar raises $1.85M in seed funding led by Picus Capital, 2degrees

SmartSolar, an EnergyTech startup based in Vietnam, has raised $1.85 million seed funding from Picus Capital, 2degrees and Iterative.

1337 Ventures invests in Malaysian renewable energy firm Arus Oil

Malaysian venture capital firm 1337 Ventures has invested in Arus Oil, a Malaysian startup transforming waste into renewable energy.

MIDA inks deal with Softbank’s ARM to boost Malaysia’s semiconductor industry

The Malaysian Investment Development Authority (MIDA) and ARM Limited announced Wednesday a national partnership to boost Malaysia's semiconductor industry.