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.
October 15, 2024
News,Electric Vehicles & Mobility,Malaysia
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.
October 15, 2024
News,Telecommunications,Malaysia
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.
October 15, 2024
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.
October 15, 2024
SEA,Investments,Features,Discover Vietnam Tech,Vietnam,Venture Capital
[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.
October 15, 2024
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).
October 15, 2024
News,SEA,Logistics,China,Indonesia
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.
October 14, 2024
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.
October 14, 2024
TNGlobal Insider,Opinion,EdTech
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…
October 14, 2024
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.
October 14, 2024