Digital Transformation

Generative AI startup TeamSolve raises seed round, backed by SGInnovate & Burnt Island Ventures

The company is addressing issues faced by utilities companies in markets such as Singapore, where approximately seven in 10 employers in the ‘Energy & Utilities’ sector have reported difficulties finding and hiring skilled talent.

Software unicorn OutSystems sees “immense potential” in SE Asia as it taps opportunities for AI-powered low-code technology [Q&A]

OutSystems was last publicly valued at $9.5 billion after raising a $150 million Series E in February 2021, but Forbes reported that the valuation halved to $4.3 billion after its last fundraising round in October 2022.

EDOTCO, MDEC, Boost team up to accelerate digital economy in Malaysia

Telecommunications infrastructure company EDOTCO Malaysia has on Tuesday announced two strategic partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives.

HKSTP brings 14 companies to Techsauce Global Summit 2024

The Hong Kong Pavilion features market-ready innovations in Artificial Intelligence, Advanced Electronics, Digital Transformation, and Sustainable Technology.

Temasek’s Temus appoints Ng Lai Yee as new Chief Executive Officer

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.

IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains

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.

Malaysia’s MDEC to introduce new Malaysia Digital incentives

Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.

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.

US’s Vantage Data Centers secures $64M loan from top Taiwanese banks

Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank to fund the development of the company's first data center in Taipei, Taiwan (TPE11).

man and woman sitting on table

Creating advantage in uncertainty

The business environment is becoming increasingly challenging, with a fast-changing macroeconomic environment, growing pressure around climate change and sustainability, market volatility, and supply chain disruptions – to name just a few issues. No matter the sector, companies must mitigate these macro risks while still investing in their businesses to…