Latest news and trends about tech
Singapore pushes first international benchmark for generative AI testing
Singapore has put forward a new international standard, ISO/IEC 42119-8, to standardize the testing methodology for Generative AI systems, aimed at strengthening the foundation for trustworthy artificial intelligence (AI) testing.
EQT raises record $15.6B Asia-Pacific private equity fund
Global investment firm EQT announced Tuesday the final close of BPEA Private Equity Fund IX, reaching its hard cap with $15.6 billion in total commitments, including $14.9 billion in fee-generating assets under management.
Salmon secures $100M financing to accelerate growth in the Philippines
Salmon Group, a technology financial company, announced Monday a $100 million financing round, marking a significant milestone in enhancing the company’s growth trajectory in the Philippines.
TNG Digital and KK Mart partner to offer digital salary payments for migrant workers
TNG Digital Sdn. Bhd, the operator of Malaysia’s digital financial services and lifestyle app, TNG eWallet, has partnered with KK Mart to digitize salary payments for their migrant workers nationwide.
From lobsters to loans: How marketing turns myths into ‘reality’
Much of what people confidently believe today was engineered by marketing, repetition, or convenience rather than historical truth.
China’s BYD increases investment in Vietnam’s northern province to $480M
BYD Electronics (Vietnam), under Chinese giant BYD, was granted a certificate to increase its investment in Vietnam's northern province of Phu Tho to $479.8 million.
Neptune Robotics invests $12M in new Singapore factory to boost autonomous ship hull cleanings
Neptune Robotics, a Singapore-based artificial intelligence (AI)-powered robotic hull cleaning services firm, has announced a major manufacturing and research and development (R&D) expansion with $12 million investment in Singapore.
Solar and EV dominate Southeast Asia’s $1.8B energy transition funding
Southeast Asia’s energy transition is being shaped by a strong tilt towards solar power and electric vehicles (EVs), which together captured nearly 90 percent of the region’s funding, highlighting both momentum and structural gaps in the ecosystem, according to a report by Tracxn.
Startups in Vietnam could choose to merge into conglomerates, says Web3X founder
The optimal development path for startups in Vietnam at the moment is to join conglomerates, such as via merger & acquisition (M&A) deals, instead of striving for initial public offering (IPO), said Erik Duong, founder of Web3 X, an investment fund and incubator specializing in Web3 and Blockchain startups.
MASkargo, Teleport team up to boost regional air cargo links in Southeast Asia
MAB Kargo Sdn Bhd, the cargo arm of Malaysia Aviation Group, has partnered with Teleport, the logistics unit of Capital A Berhad, in a move aimed at expanding regional air cargo connectivity.
