Latest news and trends about tech

Axiata concludes sale of Ncell, exits Nepal

Malaysian multinational telecommunications conglomerate Axiata Group Berhad has announced that it had entered into an unconditional sale and purchase agreement with Spectrlite UK Limited for the sale of Reynolds Holding Limited which owns approximately 80 percent equity stake in Ncell Axiata Limited (Ncell).

Gogoro launches smartscooters and battery swapping in the Philippines

Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has announced the commercial launch and availability of its smartscooters and battery swapping ecosystem in Manila, the capital of the Philippines.

New report reveals $330B/year opportunity in emerging market green investments

Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B per year over the next decade and spur green development, said a report on Thursday.

Singapore’s FENIX360 goes public in UK via $610M spac deal with Duet

Singapore-based Fenix 360 Pte Ltd. (FENIX360) will go public through merger With DUET Acquisition Corp. to create a global social media platform. The transaction values FENIX360 at a $610 million enterprise value.

LeapFrog, Temasek, EIB join forces to deliver $500 million pledge for green solutions

LeapFrog Investments, the profit with purpose firm based in United Kingdom, has announced investment from Temasek and support from the European Investment Bank for its strategy to deploy $500 million to address climate change in Africa and emerging Asia.

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Niko Partners’ Lisa Cosmas Hanson on the impact of gametech beyond gaming [Q&A]

In this #interview with Lisa Cosmas Hanson, President and CEO of Niko Partners, we explore the dual impact of #gametech in advancing the #gaming industry and its innovative applications in diverse sectors, alongside a forecast on #SoutheastAsia's evolving gaming market trends.

Five telcos take up 70% stake in Digital Nasional Berhad

Five Mobile Network Operators (MNOs) have on Friday executed share subscription agreements (SSAs) to take up 70 percent equity stakes in Digital Nasional Berhad (DNB), a special-purpose vehicle company set up by Malaysian government to drive the development of the 5G (fifth-generation) infrastructure in the country.

Capital A’s airasia MOVE quarterly revenue up 68 percent on year to $36.59 million

Airasia MOVE, the travel, lifestyle and financial digital platform of Malaysia-based Capital A, has posted quarterly revenue of MYR 171 million ($36.59 million), up 68 percent year on year.

DBS provides KWAP green loan to expand sustainability footprint in Australia

Development Bank of Singapore (DBS) has provided an AUD 207 million ($137 million) green loan to Malaysia's largest pension fund Retirement Fund (Incorporated) (KWAP) to refinance a Grade A green office tower in Australia.

India and Southeast Asia’s climate tech sector projected to hit $350B by 2030: Report

The market size for climate tech in India and Southeast Asia (SEA) in 2023 is $102 billion and is expected to grow to $350 billion by 2030, at compound annual growth rate (CAGR) of about 20 percent, according to a report revealed on Wednesday.