News

Wavemaker Impact launches Numat with $525,000 investment to drive sustainable bamboo processing

Singapore-based climate tech venture builder Wavemaker Impact has launched Numat, a new venture focused on transforming bamboo processing with sustainable practices.

MAS announces plans to support commercialization of asset tokenization

The Monetary Authority of Singapore (MAS) has on Monday announced plans to advance tokenization in financial services.

Australian fintech firm Bizcap expands into Singapore

Bizcap, an Australia-headquartered fintech firm, has on Monday announced its expansion plans into Singapore, along with the appointment of Joseph Lim as Asia Managing Partner.

NTT DATA, Google Cloud expand strategic partnership to accelerate data analytics and GenAI adoption for APAC enterprises

NTT DATA, a global firm in digital business and information technology (IT) services, has on Monday announced the expansion of its strategic partnership with Google Cloud to accelerate the adoption of cloud-based data analytics and generative artificial intelligence AI solutions for customers across key markets in Asia Pacific (APAC).

Kenanga sees data center and cloud boom to benefit multi sectors in Malaysia

Kenanga Research said Monday that data center and cloud boom is expected to benefit multi sectors in Malaysia.

FLock.io partners Animoca Brands to drive decentralized AI model development for blockchain applications

FLock.io, a community-driven platform for federated learning on blockchain, has partnered Animoca Brands, the company driving digital property rights via non-fungible tokens (NFTs) and gaming to build the open metaverse, to explore co-creation opportunities for domain-specific AI models using FLock.io’s training platform and protocol.

Singapore’s BuzzAR raises $1.16M from HSBC to boost Saudi tourism

BuzzAR, a Singapore-based mixed reality and artificial intelligence (AI) company, has raised $1.16 million from HSBC Revolving Credit Facilities.

Khazanah launches Jelawang Capital as national fund-of-funds to accelerate growth of Malaysia’s venture capital ecosystem

Malaysia's sovereign wealth fund Khazanah Nasional Berhad has launched the national fund-of-funds, Jelawang Capital Sdn Bhd, to accelerate growth of Malaysia’s venture capital ecosystem.

BMI : emerging sub-markets in Malaysia’s data center industry will face risks

Emerging sub-markets in Malaysia’s data center industry will face risks, BMI Industry Research said in its recent note.

SymphonyAI and Regulation Asia : AI adoption lag leaves Asian financial institutions vulnerable amid rising financial crime

Artificial intelligence (AI) adoption lag leaves Asian financial institutions vulnerable amid rising financial crime, a new research from SymphonyAI and Regulation Asia revealed Tuesday.