Latest news and trends about tech

UAE’s DAMAC announces $1B investment in data center projects, forms strategic JV with Thai-based PROEN

The Asia-Pacific data center market is also projected to experience significant growth. The market size is estimated at 14.27 thousand MW in 2024 and is expected to reach 23.2 thousand MW by 2029, growing at a CAGR of 10.21 percent.

Malaysia EV market slows amid consumer worries over charging docks & high maintenance costs

The Malaysian car market, which is traditionally dominated by petrol vehicles, is now witnessing a gradual shift in interest towards EVs – with 25 percent of Malaysians being interested in buying an EV, driven by rising fuel costs and environmental considerations.

Malaysia Retail Chain Association collaborates with Maxis to drive 5G technology adoption in the retail sector

Malaysia Retail Chain Association (MRCA), a 562-member organization representing Malaysian retailers and Maxis, a Malaysia-based integrated telco, have signed a memorandum of understanding (MoU) to drive the adoption of 5G technology solutions in bolstering the domestic retail sector.

Singapore finance platform Aspire receives in-principle approval for major payment institution licence from MAS

The MPI license will enable Aspire to expand this suite of services, offering even more comprehensive and secure financial solutions to its rapidly growing customer base of over 50,000+ companies worldwide.

[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes

In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.

Shareholders greenlight Capital A’s aviation business disposal to AirAsia X

Malaysia-based Capital A Berhad announced Monday that shareholders have voted in favor of the proposed disposal of the group’s aviation business to AirAsia X (AAX) at an extraordinary general meeting (EGM).

J&T Express launches first self-built smart supply chain industrial park in China

Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11” shopping festival.

NTT Data partners CSIT to strengthen Singapore’s national cyber defense

Japan-based information technology (IT) firm NTT DATA and NTT Security Holdings have entered a Memorandum of Understanding (MoU) with the Center for Strategic Infocomm Technologies (CSIT) to collaborate on strengthening Singapore’s national cyber defense and to further explore areas of emerging digital technologies.

Behind the success of major edtech AI companies

AI tools enable more efficient, student-centric #learning, focusing on individual needs rather than a one-size-fits-all model. In turn, AI improves educational outcomes for students and teachers. With these trending technological advancements, it is clear why the AI #edtech market is set for significant growth. Entrepreneurs who leverage the power of #AI…

Philippine-based lending fintech company OneLot raises $4M Pre-Seed funding

OneLot, a Philippine-based lending fintech company, said Monday that it has raised $4 million in pre-seed funding in an oversubscribed round led by 468 Capital.