Latest news and trends about tech
Techsauce sees tech ecosystem in Thailand & Southeast Asia ‘promising’ & ‘challenging’
TNGlobal talked to Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij (Mimie) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. She also shared her views on the outlook of the tech ecosystem in Southeast Asia for the new year.
Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines
Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local currencies.
EconWorks : Grab’s on-demand services in Malaysia adds almost $2.23B to local economy
Singapore-based superapp Grab’s on-demand services, including ride-hailing and delivery, facilitated a substantial economic contribution of MYR 9.9 billion ($2.23 billion) to the Malaysian economy in 2023, approximately 0.5 percent of the country’s gross domestic product (GDP), EconWorks revealed Monday.
Animoca Brands Japan partners with XANA to support global Web3 expansion of game
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced it has entered into a partnership with XANA LLC, the company behind the Web3 metaverse XANA.
Straits Millennium secures in-principle approval for MAS MPI license to offer DPT services in Singapore
Straits Millennium Pte Ltd, a member of Singapore-based financial services firm Straits Financial Group, has on Monday announced that it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) License to offer digital payment token (DPT) services in the country.
Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024
Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.
Singapore’s Lendela names Kent Huang, Steven Wong as CFO and CTO to scale APAC expansion
Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology Officer (CTO) to scale its Asia Pacific (APAC) expansion.
Digido partners PalawanPay to strengthen credit access in the Philippines
Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC), to strengthen access to fair credit.
East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis
Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures.
TNGlobal Tracker: Startup Funding Snapshot for January 2025
The Southeast Asia (SEA) Monthly Funding Tracker for January 2025 highlights some recovery in funding activity. Total funding amounted to $748 million across 17 rounds, marking a surge of 230.97 percent compared to December 2024 and a 291.62 percent decline from January 2024.
