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Toku acquires customer engagement firm Activeo Singapore to boost APAC businesses

Toku, a Singapore-based dedicated cloud communications provider, has on Tuesday announced that it has signed an agreement to acquire the Southeast Asia operations of Activeo, a leading customer experience (CX) consulting firm headquartered in France.

Oracle opens second cloud region in Singapore to meet growing cloud services demand

American technology firm Oracle has on Tuesday announced its plans to open a second cloud region in Singapore to meet the rapidly growing demand for its cloud services in South East Asia.

Malaysia’s Soft Space raises $31.5M Series B1 funding led by Southern Capital Group

Soft Space Sdn. Bhd., a Malaysia-based financial technology (Fintech) player, has on Thursday announced it has raised $31.5 million in its latest funding round. Southern Capital Group (SCG) Pte. Ltd, led the funding round.

Singapore’s agritech firm Archisen eyes expansion to cities in APAC & Middle East while expanding capacity at home market [Q&A]

In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100 tonnes of vegetables a year.

Malaysian healthtech startup Qmed Asia raises $1.16M in equity crowdfunding for regional expansion

Malaysian health-tech startup Qmed Asia has successfully raised MYR5.1 million ($1.16 million) through an equity crowdfunding (ECF) campaign on Leet Capital for regional expansion.

Funding Societies partners Food Market Hub, Supply Bunny to launch financing program for F&B in Malaysia

Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers for food and beverage (F&B) supplies in Malaysia, to launch a new business-to-business (B2B) embedded financing program.

Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates

The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.

India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group

Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).

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Before jumping on the AI wave, remember these few things

In the face of new technologies, founders need to go back to the essentials of entrepreneurship and first ask themselves what pain points they can solve and in which industries. Only after they have taken these first two steps should they ask: “What role can the new tech play in this use case?”

Malaysia’s Proton plans for comprehensive new energy vehicle solutions

Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.