Latest news and trends about tech
Australia’s Lynas, Korea’s JS Link to build rare earth magnet factory in Malaysia
Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.
78% of Singapore IT leaders lack real-time data infrastructure, slows AI scaling: Confluent report
As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.
Asia Pacific medtech demand to reach $132B by 2030, only few companies achieve global scale: Bain report
Asia Pacific's share of global medtech demand is expected to reach $132 billion by 2030, growing at 6.9 percent annually and faster than the global market, according to a new report by Bain & Company.
Google unveils video commerce tools for Southeast Asia as YouTube shopping videos hit 6M
Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.
Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong
Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.
AI data center boom tests Malaysia’s power, water and talent limits – AMRO
Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.
Singapore, Indonesia explore potential collaboration on offtake of imported low-carbon electricity
Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.
PingPong Payments secures Singapore’s in-principle approval for capital markets services license
PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.
ESR, MCUDI expand Indonesia logistics partnership to develop assets valued over $80M
ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.
Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M
Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.
