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Tencent Cloud partners Global Resources Management to launch internet data center in Malaysia

Tencent Cloud, the cloud business of the China-based technology company Tencent, has announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialized in building digital infrastructure.

Malaysia’s FinKnight secures funding from First Move, Gobi Partners Affiliate to expand financial support for startups

Malaysia-based fintech firm FinKnight, formerly Beetle Knight Advisory, has secured strategic investment from First Move and Gobi Partners Affiliate to enhance financial services for startups and scaleups in Southeast Asia.

Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation

SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.

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3 Best practices for large-scale AWS migrations

Despite all the potential benefits of migrating to Amazon Web Services, the migration process itself can be very complex, especially if a company is moving hundreds of servers and apps and large amounts of data to #AWS. A company has to identify all dependencies between its apps, ensure the security of migrated data, and also calculate the migration cost…

Singapore’s DiMuto secures $5.9M in Series A funding for global expansion

DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.

J&T Express achieves positive net profit in first half

J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.

Securities Commission Malaysia launches new matching initiative to drive sustainable growth in agri-business

The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract necessary funding.

Igloo partners TrueMoney to provide critical health insurance products to Thai users

Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.

Conservation International Ventures gets $1.5M grant from Coca-Cola Foundation to launch new climate resilience project

The Coca-Cola Foundation (TCCF), the global philanthropic arm of The Coca-Cola Company (TCCC), and Conservation International Ventures (CI Ventures), have on Tuesday announced the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas - which play a critical role in guarding against the impact of…

EQT Private Capital Asia acquires PropertyGuru for $1.1B

Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.