Latest news and trends about tech

Digital economy will reach $263B in GMV next year, says report

Google, Temasek, and Bain & Company have projected that the digital economy in Southeast Asia (SEA) will reach $263 billion in gross merchandise value (GMV) in 2024, a 15 percent increase over last year.

Canva partners e-commerce app Enstack to empower businesses with free design tools

Canva, an Australia-based online design platform, has forged a long-term partnership with Philippines e-commerce platform Enstack to empower businesses with free design tools.

Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia

Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.

Wavemaker Impact launches Numat with $525,000 investment to drive sustainable bamboo processing

Singapore-based climate tech venture builder Wavemaker Impact has launched Numat, a new venture focused on transforming bamboo processing with sustainable practices.

MAS announces plans to support commercialization of asset tokenization

The Monetary Authority of Singapore (MAS) has on Monday announced plans to advance tokenization in financial services.

Australian fintech firm Bizcap expands into Singapore

Bizcap, an Australia-headquartered fintech firm, has on Monday announced its expansion plans into Singapore, along with the appointment of Joseph Lim as Asia Managing Partner.

NTT DATA, Google Cloud expand strategic partnership to accelerate data analytics and GenAI adoption for APAC enterprises

NTT DATA, a global firm in digital business and information technology (IT) services, has on Monday announced the expansion of its strategic partnership with Google Cloud to accelerate the adoption of cloud-based data analytics and generative artificial intelligence AI solutions for customers across key markets in Asia Pacific (APAC).

Kenanga sees data center and cloud boom to benefit multi sectors in Malaysia

Kenanga Research said Monday that data center and cloud boom is expected to benefit multi sectors in Malaysia.

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[Discover Vietnam Tech] Navigating Vietnam’s tech future: Opportunities and challenges

#Vietnam’s tech sector is filled with immense opportunities. We have a young, talented workforce and a rapidly growing digital economy, but we must also address critical challenges like brain drain, infrastructure gaps, and cybersecurity. For Vietnam to fully realize its potential, it will take collaboration between businesses, the government, and the tech…

FLock.io partners Animoca Brands to drive decentralized AI model development for blockchain applications

FLock.io, a community-driven platform for federated learning on blockchain, has partnered Animoca Brands, the company driving digital property rights via non-fungible tokens (NFTs) and gaming to build the open metaverse, to explore co-creation opportunities for domain-specific AI models using FLock.io’s training platform and protocol.