Singapore
News,Indonesia,Singapore,Digital Transformation
BW Digital partners Citramas to build data center in Indonesia
BW Digital, a member of BW Group and headquartered in Singapore, and Citramas Group, an Indonesia-based conglomerate, have on Monday announced the signing of a memorandum of understanding (MoU) for the joint development of a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia.
March 5, 2024
News,FinTech,Singapore,eCommerce
Singapore’s Sea achieves first full year annual profit since IPO
Singapore-based tech conglomerate Sea Limited has achieved its first full year of annual profit in 2023 since its initial public offering (IPO). The firm posted a net income of $162.7 million in 2023, as compared to total net loss of $1.7 billion in 2022.
March 5, 2024
Most businesses bullish on using generative AI to disrupt, but underestimate requirements, says study
A global study by MIT Technology Review Insights (MITTR) has found that while most businesses are seeking to disrupt their industries using generative artificial intelligence (AI), only a small proportion believe they have the right level of technology and other attributes such as funding, culture and skills to support its rapid adoption.
March 5, 2024
Singapore’s EduSpaze announces six early-stage startups for its accelerator program
EduSpaze, Singapore’s leading edtech accelerator, has on Tuesday welcomed six early-stage startups across the region into its well-established three-month accelerator program. The six startups, including YAHO Lab, Edvance, Quippy, School on Cloud, Safe Space, and Salatech, were selected.
March 5, 2024
PropertyGuru reports $740,000 net profit in 4Q amid higher revenue
Singapore-based PropTech company PropertyGuru has reported net profit of SGD 1 million ($740,000) in the fourth quarter ended December 31, 2023 amid higher revenue, as compared to a net loss of SGD 5 million ($3.72m) a year ago.
March 4, 2024
East Ventures, Temasek Foundation launches second Indonesia’s climate tech innovations competition
East Ventures, a Southeast Asian sector-agnostic venture capital firm, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, have on Monday announced the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations…
March 4, 2024
Singapore,AI,TNGlobal Q&A and Interviews,Asia,HealthTech,Features
How AI will disrupt & spark innovations in healthcare? Let’s hear from Vertex Growth’s Nikodemus Jaya [Q&A]
In an interview with TNGlobal, Vertex Growth Executive Director Nikodemus Jaya has also discussed how AI will have an impact on the healthcare sector. He shared his insights on what are the areas AI would transform the healthcare sector the most, among other issues. He also shared his views on what kind of training healthcare workers would need to fully…
March 4, 2024
Singapore’s Tada launches ride-hailing services in Thailand to take on Grab – report
Tada is one of five ride-hailing platforms licensed by the Singapore Land Transport Authority over the past five years. It secured a ride-hailing licence from Thailand's Department of Land Transportation earlier this year.
March 1, 2024
News,Singapore,Venture Building,Malaysia
Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister
Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of Science, Technology and Innovation (Mosti) achieve its target of creating 5,000 startup companies by the end of 2025
March 1, 2024
News,Asia,FoodTech,Singapore,Biotech / MedTech
South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups
South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.
February 29, 2024