Latest news and trends about tech

Car marketplace Carro sets up S$450M car-loan securitisation, first in Singapore

Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.

Gentari and BYD Malaysia ink deal to support deployment of BYD Flash Charging in Malaysia

Gentari Sdn Bhd, a clean energy solutions company wholly-owned by Petronas, and BYD Malaysia Sdn Bhd (BYD Malaysia), the Malaysian arm of global electric vehicle (EV) manufacturer BYD, have on Wednesday signed a memorandum of understanding (MoU) to support the development and deployment of high-power EV charging infrastructure in Malaysia.

Vietnam’s Vingroup plans $500M EV plant in Philippines, targeting 200,000 vehicles annually

Vingroup, the Vietnamese conglomerate known for electric vehicle (EV) brand VinFast, plans to invest $500 million in a flagship EV manufacturing plant in the Philippines

Post-money SAFEs: Certainty for investors, the bill for founders

Hai H Nguyen explains how post-money SAFE terms can affect founder dilution and why founders should model multiple instruments together.

Korai Flix agrees to $3.5B SPAC merger with APEX Tech

South Korea's Korai Flix has agreed to merge with APEX Tech Acquisition in a SPAC deal valuing the short-drama platform at $3.5 billion.

Malaysia asset management UEM Edgenta launches Young Entrepreneurship Program with 6 vendors

UEM Edgenta Berhad, a Malaysian asset management and infrastructure solutions company owned by UEM Group, has launched its first Young Entrepreneurship Program (YEP) for six young business owners in its vendor network.

Cloudera’s Carolyn Duby on governing AI-agent access and security [Q&A]

Cloudera’s Carolyn Duby discusses permissions, zero trust, monitoring and recovery for AI agents operating across enterprise systems.

PFN and Tenstorrent win NEDO xPU research project

Preferred Networks and Tenstorrent will develop chiplet-based xPU technology in a five-year research project selected by Japan's NEDO.

Taiwan blocks Delivery Hero’s $600M foodpanda food courier sale to Grab

Taiwan's Fair Trade Commission (TFTC) has declined to approve the sale of Germany-based Delivery Hero's food courier business foodpanda in Taiwan to Singapore's super app Grab, blocking a $600 million deal agreed in March.

Enterprise Singapore allocates S$45M to speed AI adoption in advanced manufacturing

Enterprise Singapore (EnterpriseSG) has launched Catalytic AI Solutions for the advanced manufacturing sector, a three-year initiative with more than S$45 million ($35.2 million) to help small and medium-sized enterprises (SMEs) deploy AI solutions.