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ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as Peak3.

Amid increasing positive sentiment about the business climate , Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city- state's community of over 55,000 startups.

A new survey commissioned by UiPath, an enterprise artificial intelligence (AI) and automation software company, found that 60 percent of workers in Singapore are using generative AI (Gen AI) at work, the highest usage rate globally alongside Hong Kong.

Accendo Technologies, a Malaysia-based firm in talent intelligence, selection, development, and upskilling, has inked deal with global employee experience and activation technology firm Welliba for global expansion with artificial intelligence (AI) innovation.

HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services to Vietnam and ASEAN’s citizens.

#GenAI stands at the forefront of technological innovation, offering businesses unprecedented opportunities to enhance their operations, engage customers, and drive growth. By understanding and leveraging the capabilities of generative AI, businesses can stay ahead of the curve and create significant value in their respective industries.

The Asian Development Bank (ADB) has signed a $50 million commitment to Actis Asia Climate Transition Fund, an infrastructure fund managed by Actis, a global sustainable infrastructure investor, to help accelerate the clean energy transition and address development challenges arising from climate change impacts in Asia and the Pacific.

Among other things, the MoU will lead the scope of cooperation to include exchange programs of scientists and researchers, partnerships between research institutions as well as joint organisation of academic programs and conferences with the involvement of international scientists and researchers.

Temus, a digital transformation services firm established by Temasek and UST, has welcomed Ng Lai Yee as its new Chief Executive Officer (CEO) starting July 1, 2024.

International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its affiliate LFX to support small and medium-sized enterprise (SME) growth and digitalization in Asia's supply chains.