Latest news and trends about tech
Insignia AI Notes #6: Generative AI isn’t just speeding up productivity, but also AI regulation
The swift pace of regulation in the field of #GenerativeAI, especially compared to previous technological evolutions, signals a changing landscape. #ASEAN’s unique environment, laws, and cultural attributes offer a fertile ground for the growth and governance of this exciting technological frontier. The balancing act between fostering innovation and…
Vietnam joins regional payment connectivity initiative
State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.
PropertyGuru’s revenue rises 12 pct year on year, underpinned by Malaysia and Singapore’s operations
Singapore-based property portal PropertyGuru Group Limited has on Thursday announced that the group's revenue increased by 12 percent year on year to SGD 37 million ($27.28 million). PropertyGuru said in a statement that the group posted a net loss of SGD 6 million ($4.42 million) in the second quarter, as compared to a net income of SGD 4 million ($2.95…
SHEIN and SPARC Group join in a strategic partnership
Global retailer SPARC Group Holdings II LLC has on Thursday announced a strategic partnership with SHEIN, the Singapore-based integrated online marketplace for fashion, beauty and lifestyle products. Under the agreement, SHEIN acquires an approximately one-third interest in SPARC Group, a joint venture that includes Authentic Brands Group and Simon Property…
Becoming unstoppable against ransomware
Our Rubrik’s Zero Labs Report found that over the last year, 66 percent of organizations in Singapore have experienced between 1-25 attempted #cyberattacks. While it is impossible to prevent all attacks, organizations can take steps to minimize the impact of a #databreach. This includes having a solid #datasecurity strategy in place and being prepared to…
Singapore elevates sustainable digital infrastructure beyond data centers
As part of this partnership, IMDA, Dell and Equinix will provide guidance and recommendations to modernize digital infrastructure deployment sustainably and to optimize the integration and utilization between hardware and software interfaces. This partnership will aim to develop a comprehensive process to measure, capture and audit the quantifiable…
PrimaKu raises Pre-A financing from Northstar, AppWorks to support childhood development in Indonesia
Founded in July 2017, PrimaKu is a community-based parenting ecosystem helping address the challenges of parenting in Indonesia. Through its full-stack digital platform, PrimaKu connects parents, pediatricians, and health facilities to provide comprehensive child healthcare services.
Vietnamese internet firm VNG seeks $150 million in US listing – report
The news came after Vietnam-based electric car maker VinFast's recent sterling debut in the US. VinFast's shares have rocketed after its US debut earlier this month.
Singapore’s Pi-xcels secures $1.7M funding led by Wavemaker Partners
Pi-xcels, a Singapore-based digital receipt solutions provider, has successfully completed its seed funding round, raising $1.7 million. The round was led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, and Black Kite Capital, as well as strategic angel investors.
