News
Pyvio partners Currencycloud to deliver cross-border payments for Chinese e-commerce businesses
United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.
Grab, OpenAI team up to build and deploy advanced AI solutions
Grab, a leading superapp in Southeast Asia, and OpenAI, an American artificial intelligence research organization, have on Thursday announced they will collaborate to build and deploy advanced artificial intelligence (AI) solutions that enrich the Grab experience for users, partners, and employees.
Tribe, DISG and NVIDIA launch new AI Accelerator in Singapore
Tribe and Digital Industry Singapore (DISG) have on Wednesday announced a collaboration with NVIDIA to establish the Ignition AI Accelerator, a new global AI startup accelerator based in Singapore.
India’s Turno secures $6M in Series-A extension funding round co-led by British International Investment, Quona Capital
Turno, an India-based electric vehicle (EV) distribution and financing company, has raised $6 million as an extension to its Series-A funding. The round was co- led by British International Investment (BII), the United Kingdom’s development finance institution and impact investor, Quona Capital, Stellaris Venture Partners and B Capital.
Google to invest $2B for data center and cloud region in Malaysia
Google announced Thursday that it has committed an investment of $2 billion in Malaysia, including the development of its first Google data center and Google Cloud region to meet the growing demand for cloud services locally and around the world, and artificial intelligence (Al) literacy programs for Malaysian students and educators.
Innovate UK Global Incubator Program back in Singapore to boost clean tech ventures
The Innovate UK Global Incubator Program, a collaborative initiative between Singapore Deep Tech Alliance (SDTA), Better Earth Ventures (BEV), and Innovate UK, has returned to Singapore to boost clean tech ventures.
MOVE Digital’s revenue drops in first quarter due to declining AirAsia flights sale
MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…
Sunway, Huawei, ChargeSini team up to expand EV charging infrastructure in Malaysia
Malaysian conglomerate Sunway Group (Sunway), technolgy firm Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and electric vehicle charging solutions firm ChargeHere EV Solution Sdn Bhd (ChargeSini) have teamed up to expand EV charging infrastructure in Malaysia.
Malaysia to allocate $5.3B funding to operationalize the National Semiconductor Strategy
Malaysia's Prime Minister Anwar Ibrahim said Tuesday that the government will allocate at least MYR 25 billion ($5.3 billion) in fiscal support to operationalize the three phases National Semiconductor Strategy (NSS) with targeted incentives.
Curlec by Razorpay inks partnership with TNG Digital
Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.
