News

EY : technology industry outlook brighter than 12 months ago, with GenAI emerging as top opportunity for 2024

The technology industry outlook is brighter than 12 months ago, with generative artificial intelligence (GenAI) emerging as top opportunity for 2024, EY said Thursday.

TikTok launches TikTok Shop Mall in Singapore

Global e-commerce platform TikTok Shop has launched TikTok Shop Mall in Singapore, a by-invite only channel exclusively for brands' flagship stores and authorized online retail outlets.

Airwallex : 54% of global consumers expect to increase international online shopping amount over next 6-12 months

54 percent of global consumers expect to increase their cross-border purchasing over the next six to twelve months, global payments and financial platform Airwallex and consulting firm Edgar, Dunn & Company said Thursday.

Singapore deep tech semiconductor startup nsc inks new strategic partnership with IQT

Nsc, an integrated circuit design company in Singapore, has on Wednesday announced its strategic partnership with In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and America’s allies.

Nutanix study finds AI, security, and sustainability major drivers for IT modernization in Singapore

Artificial intelligence (AI), security, and sustainability are major drivers for information technology (IT) modernization in Singapore, Nutanix said Wednesday.

Google launches two initiatives with Malaysian government to upskill local youth

Underscoring its commitment toward strengthening Malaysia’s digital competitiveness in collaboration with the Government of Malaysia, Google has on Thursday announced two focused initiatives to equip Malaysian youth with future-ready skills focused on artificial intelligence (AI), and enhance public service delivery with the help of cloud-native, AI-driven…

Vietnam’s VinFast inks deal with Guam AutoSpot to distribute EVs in Micronesia

Vietnamese car maker VinFast Auto has officially signed a cooperation agreement with Guam AutoSpot to distribute VinFast electric vehicles in Micronesia, VinFast said in a statement on Wednesday.

Singapore’s AnyMind to acquire Malaysian e-commerce enabler Arche Digital

AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.

Indonesia’s GoTo foresees breakeven in 2024 after first quarterly profit

Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first quarterly profit.

Singapore’s Studio 30 50 expands to Copenhagen to boost MaritimeTech

Singapore-based venture capital firm Studio 30 50 has launched its first European cohort in Copenhagen, welcoming back previous cohort-founded startups Orbital Wave and Vanguard alongside emerging maritime entrepreneurs and startups.