Asia

Mitsubishi Electric Corporation announced on Tuesday that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate and innovate within Mitsubishi Electric’s data center and cloud services businesses.

Investors include Addin Ventures, Kenmec Mechanical Engineering, NVIDIA, Solomon Technology, SparkLabs Taiwan, and Upstream Ventures.

HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda Mobility (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.

J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.

SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.

"We see a lot of progress made in Southeast Asia on fintech developments like QR payments and inclusive finance, where the region is already seen as a leader in broad digitalization, including in areas like national standardized QR codes and G2G linkages. We will continue to work closely with our payment and merchant partners in the region to meet these new…

In 2025, Gobi will prioritize investments in FinTech, HealthTech, TaqwaTech (tech for Islamic markets), the Circular Economy, Gender Diversity, New Energy, and the Silver Economy.

Japan-based investment firm Z Venture Capital (ZVC) has launched a new fund with a total size of 30 billion yen ($190 million) to support startups globally.

Singapore state-owned investor Temasek and Sweden global investment organization EQT Infrastructure IV have announced the sales of Indian renewable energy platform O2 Power to India-based power firm JSW Neo Energy for $1.5 billion.

Rafael, who lived in Asia for nine years, also shared his views on the future of FinTech, and his experience as a video content creator in the exclusive interview.

According to Rafael, no tech conference is complete without AI, blockchain and green finance in 2024.