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Foxmont secures $30M first Close for Fund III, anchored by Dutch DFI
Foxmont Capital Partners, the Philippines’ institutional early growth capital firm, announced Friday the first close of its third fund at $30 million — more than doubling its assets under management (AUM) and surpassing the combined size of its first two funds.
The critical role of SysAdmins in protecting privileged access
Privileged access management isn’t just a security best practice; it’s a business imperative. And while #SysAdminDay is a moment to celebrate those who keep systems running, it’s also a reminder of the growing responsibilities they carry.
Kenanga: hyperscale data center boom spurs demand for telco connectivity services
Kenanga Research has foreseen compelling growth opportunities for Malaysian telcos, driven by the rapid expansion of digital infrastructure across ASEAN.
Adyen, Atlas tie up to improve payments technology for Singapore’s F&B businesses
Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses.
Analysts: Malaysia’s push to rejoin global chip supply chain shows results
MBSB Research said Malaysian government’s effort to reestablish the country’s positioning in the semiconductor global supply chain has started to yield results.
Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities
Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.
Report: investors favor APAC markets as Biotech destinations amid US-China tensions
Markets in Asia Pacific (APAC) are rapidly gaining ground as credible innovation hubs amid the reshaping of global biotech strategies, driven by geopolitical tensions and significant US research funding cuts, a new report revealed on Thursday.
4 Lessons learned from providing 2 million people with AI skills in 1 year
GenAI is the most impactful technology advancement we’ll see in our lifetime, and its value and potential will only grow if employees and leaders know how to harness, build, and create with it safely and responsibly. Now is the time for leaders to embrace a culture of continuous AI learning and nurture skills development to unlock new levels of…
IFC partners with CleanMax to scale solar solutions for Thailand’s commercial and industrial sector
To expand access to reliable energy and make clean power more affordable for industrial businesses, the International Finance Corporation (IFC) is investing THB 1.48 billion (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CleanMax).
NTT DATA partners Mistral AI to provide AI solutions for enterprises
NTT DATA, a Japan-based digital business and technology services firm, and Mistral AI, a France-based innovator in open-weight, high-performance generative AI (GenAI) models, have on Wednesday announced plans to jointly sell and deploy safe and private enterprise-grade artificial intelligence (AI) solutions that are able to foster strategic autonomy for…
