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Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO

Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.

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Without secured remote connectivity, most enterprises aren’t fully ready to tackle IT challenges hybrid work brings

While hybrid work is already largely considered normal, the report makes it clear that modern platforms are better at coping with the demands and challenges around user support in tandem with the current realities of #IT talent supply. While a remote connectivity platform can represent a transformative solution, I believe it is also a necessity for…

Grab plans biggest job-cut round since pandemic – report

Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.

Lenovo invests $1B to advance AI infrastructure solutions

Chinese multinational technology company Lenovo has announced its plans to invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the artificial intelligence (AI) deployment for businesses around the world.

Google Cloud appoints Mark Micallef to lead its Southeast Asia business and advance regional AI momentum

Global cloud computing services provider Google Cloud has on Monday announced the appointment of Mark Micallef as Managing Director of its business in Southeast Asia.

Malaysia’s GHL expands Alipay+ integration to 2,600 Thai merchants

Malaysia-based payment service firm GHL Systems Berhad (GHL) has enabled Alipay+ for over 2,600 local businesses in Thailand to accept cross-border digital payments from leading Asian mobile wallets.

Philippine ecommerce marketplace startup Shoppable Business closes $1.15M pre-seed round

Shoppable Business, the Philippines-based business to business (B2B) eCommerce marketplace and technology company, has closed its oversubscribed pre-seed financing round of $1.15 million.

Carro invests in Malaysian automobile content provider Driven Communications

Carro, the Singapore-based online used car platform, has on Monday announced that it is making a strategic investment into Driven Communications, a Malaysian content provider.

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Navigating workforce evolution: The impact of WFH, AI & automation on the future of work

Embracing change and focusing on opportunities is crucial as we move towards a more automated future. We can capitalize on the fact that with #automation, organizations can streamline their operations, reduce costs, and improve efficiency. Employees should be encouraged and empowered to concentrate on high-value-added, deeply purpose-driven tasks. #AI #WFH…

Malaysia announces measures to boost capital market vibrancy and competitiveness

Malaysia has on Monday announced several measures to boost capital market vibrancy and competitiveness. The capital market regulators commit to explore ways to reduce market friction and shorten time-to-market for initial public offerings.