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The Invention Lab completes seed investment in Singapore’s AI computing startup RIDM
The South Korea-based venture capital firm The Invention Lab has completed its seed investment in a Singapore-based artificial intelligence (AI) computing startup RIDM.
ASEAN endorses Malaysia-led regional framework on cross border cloud computing
The Association of Southeast Asian Nations (ASEAN) has endorsed a Regional Framework on Cross-Border Cloud Computing conceived, developed and spearheaded by the Ministry of Digital through its agency, the Malaysia Digital Economy Corporation (MDEC), marking a strategic milestone aimed at enabling trusted and seamless data flows across member states while…
ASPAC region sees both fintech deal value and volume fall to ten-year lows – KPMG
Asia Pacific (ASPAC)'s fintech deal value and deal volume dropped from an already soft $11.7 billion across 1,028 in 2024 to $9.3 billion across 763 deals in 2025 — levels not seen in over ten years, KPMG said in its recent report.
Malaysia’s Catcha Digital achieves record full-year revenue and profit
Malaysia-based Catcha Digital Berhad has achieved record full-year revenue and profit during the financial year ended December 31, 2025 (FY2025).
TBWA\Singapore establishes first APAC innovation Center of Excellence to scale AI-led brand Innovation
TBWA\Singapore announced Wednesday the launch of its Innovation Lab, the first Center of Excellence in TBWA’s Asia-Pacific network established with support from the Singapore Economic Development Board (EDB).
More Singapore organizations using AI, but reworking outputs dampens productivity – Workday
Workday, Inc., the global enterprise artificial intelligence (AI) platform has released new research on Thursday that found the need to rework AI outputs is eroding productivity gains for employees.
China’s XTransfer receives Malaysia Central Bank’s conditional approval for key payment licences
XTransfer, the China-based business to business (B2B) cross-border trade payment platform, announced Wednesday that it has received conditional approval from Bank Negara Malaysia (BNM) for key payment licenses, including issuing electronic money, as well as a Money Services Business License (Class A) covering remittance and currency exchange.
Teleport’s revenue up 10 percent on year in the fourth quarter of 2025
Teleport, the logistics arm of Malaysia-based Capital A, said it revenue grew 10 percent year on year to MYR 367 million ($94.45 million) in the fourth quarter of 2025 despite a 4 percent decline in Asia-Pacific market yield.
Singapore’s UltraGreen.ai delivers 24 percent revenue growth in FY2025 to $142.4M
UltraGreen.ai Limited, the Singapore-based fluorescence-guided surgery and digital health solutions provider backed by Temasek entity 65 Equity Partners, has delivered 24 percent revenue growth in the financial year ended December 31, 2025 (FY2025) to $142.4 million.
Malaysia’s AirAsia MOVE revenue exceeds $165M in 2025
AirAsia MOVE, the digital arm of Malaysia-based Capital A, saw its revenue exceeded MYR 641 million ($165 million) in 2025.
