Latest news and trends about tech

Malaysia to tap Chinese investors to build more data centers – report

US tech giants including Microsoft Corp, Google and Nvidia Corp had already announced plans to build data centers in Malaysia in the past year, and Chinese firms are interested in developing more to serve the nation’s tech companies which want to enter the Southeast Asian market

a group of small toy figurines sitting on top of a table

Jet-setting with AI: How generative AI is setting new standards for customer service in travel

Today’s LLM-powered dynamic AI agents are revolutionizing the travel industry by enhancing customer experience and operational efficiency. Integrated AI-first automation creates seamless travel experiences, leveraging both human and machine strengths. As AI continues to advance, adopting AI-first strategies becomes crucial for travel brands aiming to remain…

Philippine-based Zed secures license to operate as a standalone credit card issuer

Zed, a credit-led neobank, announced Wednesday it has received its certificate of authority to operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).

Malaysia’s OSK-SBI Venture Partners launches second fund and makes first investment

OSK-SBI Venture Partners Ltd. (OSK-SBI) has on Wednesday announced the launch of its second venture capital fund to invest in category-defining companies across Southeast Asia. Active fundraising for Fund 2 is ongoing with the target to hit final close of capital commitments of $40 million.

Gentari partners Virta to grow EV charging market in Southeast Asia

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), a subsidiary of Malaysia’s Petronas Group, is collaborating with Finland-based electric vehicle (EV) charging business solution provider Virta through its subsidiary Gentari Green Mobility to expand the EV charging network across Southeast Asia.

IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance

To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).

Indonesia tech startup funding plunges 64% on year in first half

Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.

More than 40 Indonesian agencies hit by cyberattack on data centers – report

Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.

Novo invests in Indian agritech firm AgNext Technologies

Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology company enhancing trust along the food chains by innovating artificial intelligence-based food quality assessment technologies.

man in gray hoodie and black pants holding brown cardboard box

From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives

Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial resistance (AMR), a silent pandemic threatening millions of lives. Proposed by researchers at VinUniversity, the University of Illinois, the Vietnam National University of…