SEA

Technology expenses for banks in South and Southeast Asia could continue to increase at 15 percent to 20 percent a year over the next two to three years following a recent tech crackdown, S&P Global Ratings said Monday.

J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.

Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.

The Coca-Cola Foundation (TCCF), the global philanthropic arm of The Coca-Cola Company (TCCC), and Conservation International Ventures (CI Ventures), have on Tuesday announced the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas - which play a critical role in guarding against the impact of…

Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.

Singtel, a Singapore-based communications technology group in Asia, and Bridge Alliance, a mobile alliance of 35 member operators worldwide, have on Monday announced a strategic partnership that will bring Singtel’s GPU-as-a-Service (GPUaaS) offerings to enterprises across the region.

Singapore-based superapp Grab announced Thursday that its revenue grew 17 percent year-over-year to $664 million in the second quarter of 2024, driven by revenue growth across all segments.

The Hong Kong Pavilion features market-ready innovations in Artificial Intelligence, Advanced Electronics, Digital Transformation, and Sustainable Technology.

Techsauce is poised to showcase its potential as the technology ecosystem builder on the international platform by preparing to organize the Techsauce Global Summit in two other major ASEAN countries, Indonesia and Vietnam, both in September and October.

In the interview, Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij also shared her views on the tech ecosystem in Thailand, the opportunities and challenges she sees, among others.