News
Malaysia’s Carsome posts record profit in second quarter
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, said Thursday it has delivered its most profitable quarter to date in the second quarter of 2025, posting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $5 million and continuing its trajectory of sustained, quality earnings.
Singapore’s Agridence secures global investment to accelerate multi-commodity compliance platform
Agridence Pte. Ltd., a Singapore-based technology firm in digital agri-commodity supply chains, announced Wednesday a funding round led by Cercano Management and supported by returning strategic investors EXEO Innovation Fund and Provident.
Alpadis expands regulatory capabilities with acquisition of Ingenia Consultants in Singapore
Alpadis, an independent, international provider of bespoke, technology-driven trust and corporate services, is joining forces with Ingenia Consultants, a compliance service provider for financial institutions in Singapore.
AMD expands R&D footprint with Malaysian facility
The United States-listed technology firm AMD has on Thursday inaugurated its new state-of-the-art office and engineering lab facility in Bayan Lepas, Penang, marking a significant milestone in the firm’s commitment to expanding its global business services and engineering presence in Malaysia.
Edtech firm Instructure launches Asia hub in the Philippines to accelerate regional growth and expand global learning ecosystem
Instructure, the world’s edtech ecosystem and maker of Canvas learning management system (LMS), has announced the launch of its Asia hub with the opening of a new office in the Philippines.
Malaysia’s INFINITY8 launches Reserve Flagship TRX at Exchange 106
INFINITY8, a Malaysia-based homegrown workspace and corporate solutions provider, has announced the official launch of its latest and most ambitious branch: INFINITY8 Reserve TRX, located in Exchange 106 at Tun Razak Exchange (TRX).
Survey: 86 percent of SEA organizations will use AI agents within next 12 months
86 percent of Southeast Asian (SEA) organizations will use artificial intelligence (AI) agents within the next 12 months, a survey showed Wednesday.
Sunway iLabs, Andreessen Horowitz (a16z) Perennial collaborate to accelerate cross-border tech innovation
As Southeast Asia’s deep tech and artificial intelligence (AI) ecosystem continues to accelerate, Sunway iLabs, the innovation and corporate venture capital (CVC) arm of Malaysia-based Sunway Group, announced Tuesday a partnership with Andreessen Horowitz (a16z) Perennial, a global wealth management platform, to accelerate cross-border tech innovation.
NTT DATA, The GEAR by Kajima team up to co-develop a smart-building solution in Singapore
NTT DATA, a Japan-based global information technology (IT) infrastructure and services company, partnered with technology services firm The GEAR by Kajima to co-develop a smart-building solution in Singapore.
Indonesia’s Siloam Hospitals accelerates digital transformation and AI-driven innovation with AWS Cloud
Indonesia's largest private hospital network Siloam Hospitals is accelerating digital transformation and artificial intelligence (AI)-driven innovation with Amazon Web Services (AWS) Cloud.
