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Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms
Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.
Tracxn : HealthTech, EdTech, and blockchain lead the pack with 5-year funding contributions in Southeast Asia
HealthTech, EdTech, and blockchain has led the pack with 5-year funding contributions in Southeast Asia (SEA), Tracxn said Wednesday.
Malaysia’s MOVE Digital posts $32M revenue in the second quarter
Malaysia-based Capital A's digital arm MOVE Digital has posted MYR 137.8 million ($31.96 million) in revenue in the second quarter ended June 30, 2024.
Vietnam’s VinFast strives for first-mover advantage at Middle East’s nascent EV market
VinFast is striving for a first-mover advantage in the Middle East's nascent EV market, aiming to establish early brand recognition and customer loyalty, paving the way for long-term success in the region.
Shenzhen-based PAM2L Biotechnologies plans new round of funding to expand capabilities
PAM2L Biotechnologies is one of the finalists of Fund At First Pitch at BEYOND Expo 2024.
S&P upgrades Grab to ‘BB-‘ with stable outlook
S&P Global Ratings has on Thursday upgraded Singapore-based superapp Grab Holdings Ltd. to 'BB-' with stable outlook, as it foresees sustained positive earnings before interest, taxes, depreciation, and amortization (EBITDA) and cash flow for the firm.
Singapore’s EDB commits additional funding of $25M; facilitates partnerships with startups
The Singapore Economic Development Board (EDB) is committing S$32 million ($24.57 million) in fresh funds over the next two years to continue driving corporate venturing in Singapore.
China’s Rigol sets up $23M manufacturing facility, R&D center in Malaysia
Rigol Technologies Co., Ltd., a China-based company specializing in design, development, production, and sales of electronic test and measurement instruments, has set up a manufacturing facility and research and development (R&D) center in Malaysia, with a total investment of over MYR 100 million ($23.14 million).
Transitioning to a sustainable future – Are EVs the answer for a green logistics industry?
In the ongoing battle against #ClimateChange, businesses across all verticals need to take a firm stance towards the cause or risk being eliminated. Ultimately, #EVs are simply the first step towards greenifying business processes. Instead of looking at #Sustainable practices like #EV adoption in isolation, companies will do well to consider them as part of…
Hyundai Motor targets 2M EV sales by 2030
South Korea-based automaker Hyundai Motor is targeting sales of 2 million electric vehicles (EVs) by 2030 with new EVs lineup.
