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Vietnam’s FPT, China’s Sunline form strategic partnership to accelerating digital transformation in banking sector
Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.
NAPAS partners Mastercard to launch Vietnam’s first co-badged card across six banks
The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.
Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detection
PHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round.
Proptech firm MilikiRumah launches maiden private equity fundraise of $50M
MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.
Singapore’s Whale secures $60M to expand enterprise AI suite globally
Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.
Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University
Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).
Malaysia’s Betamek partners Singapore’s SiGenex for AI genomics diagnostic and sequencing solution
Betamek Berhad, a Malaysia-based original design manufacturer (ODM), has partnered with SiGenex Global Holdings Pte. Ltd. (SiGenex), a Singapore-based technology firm, for artificial intelligence (AI) genomics diagnostic and sequencing solution.
MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund
Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD, a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million.
Foxconn partners with NVIDIA to build AI Factory in Taiwan
Taiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with NVIDIA and to build a state-of-the-art artificial intelligence (AI) Factory supercomputing center in Taiwan.
Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030
Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).
