Latest news and trends about tech

Vietnam’s Green and Smart Mobility JSC. (GSM) has imported 150 VinFast electric cars into the Lao market in preparation to launch its electric taxi service under the brand Green SM. Green SM plans to introduce its electric taxi services in Laos by 2023, with 1,000 VF 5 Plus and VF e34 electric cars making up its fleet.

Malaysian automotive player Sime Darby Motors (SDM) has partnered with clean energy firm Gentari Sdn Bhd to accelerate the building of Electric Vehicle (EV) charging stations and infrastructure across Sime Darby Motors’ network as well as in other publicly accessible locations alongside other supplementary initiatives.

Infosys, a global firm in next-generation digital services and consulting, has on Thursday announced a five-year extension of its successful joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. Infosys Compaz (iCompaz), the Infosys-Temasek joint venture (JV) company, has collaborated with large corporations in…

Society Pass Inc. (SoPa), the Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, has announced an equity line of up to $40 million to invest into operating subsidiaries projected to go public in 2024.

TikTok has recently come under scrutiny in Southeast Asia. Last week, Indonesia's government has halted transactions on its platform following a ban on e-commerce trade on social media.

Account Labs, the Singapore-based Web3 wallet solution provider, has on Thursday announced it has raised $7.7 million from lead investors Amber Group, MixMarvel DAO Ventures, and Qiming Ventures, among other participants. The announcement comes alongside the launch of the firm’s first consumer-focused app, UniPass wallet, on Polygon.

LUNA, an Indonesian embedded fintech and vertical software as a service (SaaS) platform for retailers and micro, small, and medium-sized enterprises (MSMEs), has on Thursday announced the completion of a round of financing led by TNB Aura through its TNBA Scout initiative.

Japan-based embedded flash memory developer Floadia Corporation has raised approximately JPY 1.05 billion ($7.04 million) in Series D round. As a first closing, Inabata & Co., Ltd. headquartered in Chuo-ku, Osaka, and Cypress Capital, a Hong Kong investment company, underwrote an allotment of capital for a total of JPY 850 million ($5.7 million).

Mesh Bio, a Singapore-based health deep tech startup, announced Thursday that it had raised an undisclosed amount of funding from East Ventures, a venture capital firm focusing on Southeast Asia. The funding will be allocated to further develop the digital twin technologies in chronic disease management and to expand its services across Southeast Asia,…

BMI Industry Research said Thursday that Malaysian energy group Petronas' Private 5G deployment will add momentum to Malaysiandigital transformation. It opined that private 5G networks will be critical enablers of digital transformation for large enterprises in many different industries across Southeast Asia over the next five years.