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A sneak peek into the future of traffic jam reduction
Deep reinforcement learning is expected to advance 80 years of congestion modeling-based research. Scientists demonstrated in what is known as The MegaVander Test that connected autonomous vehicles (AVs) to function as mediators for mixed autonomic transportation with the aim to ease #traffic and conserve #energy.
Singapore’s Vertex Technology Acquisition Corporation to merge with streaming platform 17LIVE Inc
Vertex Technology Acquisition Corporation Ltd (VTAC), a special purpose acquisition company (SPAC) based in Singapore, will buy streaming platform 17LIVE Holding Limited for SGD 925.1 million ($675.35m). The pro forma equity value of the proposed business combination is up to SGD 1,161 million ($847.56m).
Gobi Partners backs Malaysian agritech startup BoomGrow
Asia-focused venture capital firm Gobi Partners is doubling down on its commitment to Environment, Social and Governance (ESG)-friendly investments through its latest strategic funding into Malaysian agritech startup, BoomGrow’s Pre-Series A Funding Round. The investment is made through the Khazanah Nasional Berhad-backed Gobi Dana Impak Ventures (GDIV)…
Katadata: 67 percent of Indonesia’s population not active e-commerce users
Katadata Insight Center and Evermos report has found that Offline channels are crucial for business success for local Indonesian brands, and 67 percent of Indonesia's population is not active e-commerce users.
Vietnam’s GSM officially launches electric scooter ride-hailing services in Ho Chi Minh City
The Green SM Bike, GSM's electric scooter ride-hailing service, is officially launched in HCM City on last Friday. The firm aims to expand to another six provinces and cities and to increase the electric scooter fleet to up to 90,000 units in 2023.
Malaysia’s TNB accelerates commitment to 3 NETR flagship project in large scale clean energy and RE zones
Malaysian utility firm Tenaga Nasional Berhad (TNB) is making substantial strides in its commitment to drive largescale renewable energy (RE) and clean technology initiatives, spearheading three pivotal flagship projects as outlined in the National Energy Transition Roadmap (NETR).
RFI : Singapore sees more rapid growth in the percentage of heavy digital users as compared to Hong Kong
While Singapore and Hong Kong are seen as global epicenters for technology and finance, RFI Global said that Singapore has seen more rapid growth in the percentage of heavy digital users.
ADB unlocks $100B new funding to support Asia and the Pacific to tackle climate crisis
The Asian Development Bank (ADB) has on Friday approved capital management reforms that unlock $100 billion in new funding capacity over the next decade to address the region’s overlapping, simultaneous crises. The expansion of available funds will be further leveraged through mobilizing private and domestic capital to move from the billions to trillions…
Potential and challenges in the pursuit of the hydrogen economy
Amidst the rapid push to enhance hydrogen technology as a viable and sustainable energy alternative, the InnovaTalk webinar titled “A Green Future of the #Hydrogen Economy” united four distinguished experts. Their aim was to delve into the potentials and hurdles of this emerging technology, particularly in the context of #Vietnam, which has committed to…
