Latest news and trends about tech

Swedfund invests $20M in Vietnamese EVF General Finance JSC for climate action

Sweden-based Swedfund is investing in Vietnamese EVF General Finance JSC (EVF) through a loan of up to $20 million.

Analysts see EV momentum is building in Malaysia with expanding local assembly pipeline

Analysts have foreseen electric vehicle (EV) momentum is building in Malaysia with an expanding local assembly pipeline.

How AI is helping consumers shop ‘til they drop this holiday season

Real retail success with AI hinges on the quality and speed of the data feeding those AI systems. For AI to deliver on the promises of optimized pricing, flawless supply chains, and personalized customer journeys, it requires a constant, contextual stream of data from every part of the enterprise – from warehouse sensors and supplier systems to in-store…

AnyMind to acquire Japan-based distributor Sun Smile

AnyMind Group, a business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced that it has agreed to acquire all shares of Sun Smile Inc, a Japan-based distributor and brand owner in the beauty and personal care sector.

Singapore’s Galatek raises $30M Series A funding to accelerate AI-powered automation in life sciences, semiconductor manufacturing

Galatek, a Singapore-based automation and artificial intelligence (AI) startup, announced Friday that it has secured approximately $30 million in Series A funding.

people walking on bridge over body of water during nighttime

Beyond the HQ Hub: How Singapore can remain relevant in a world of job hugging

Treating job hugging as a passing morale issue would leave workers and firms underprepared for the economy Singapore is already becoming.

IFC provides $70M financing to Malaysia’s XSD to boost environmentally responsible paper production

To create jobs and promote sustainability in Malaysia’s paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a manufacturer of coated duplex board paper and grey board in Malaysia.

Grab, Momenta team up to bring autonomous driving technology to Southeast Asia

Momenta, a Chinese autonomous driving technology company, has entered into a strategic partnership with Grab, Southeast Asia’s leading superapp, which includes a strategic investment by Grab and a joint effort to bring advanced autonomous driving technologies to the region’s complex urban mobility markets.

Moratelindo merges with MyRepublic Indonesia to accelerate equitable development of digital ecosystem in Indonesia

PT Mora Telematika Indonesia Tbk (Moratelindo) and PT Eka Mas Republik (MyRepublic Indonesia) have on Thursday announced strategic merger to accelerate equitable development of digital ecosystem in Indonesia.

Malaysia’s Yinson Renewables acquires Mt Cass Wind Farm in New Zealand

Malaysia-based Yinson Renewables has acquired the rights to the Mt Cass Wind Farm from MainPower New Zealand Limited.