Latest news and trends about tech

Maybank foresees positive synergy from potential Grab-Gojek merger

Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could lead to annual synergies of $106 million to $209 million and as such would be positive.

Singapore’s Syfe offers to acquire ASX-listed investment platform Selfwealth for $41M

Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for A$65 million ($40.83 million) cash.

Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024

Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.

Endeavor Malaysia appoints Shan Li Tay as new Managing Director

Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.

Coastal Sustainability Alliance launches Singapore’s largest electric supply boat

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam.

Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0

The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google Workspace’s latest generative AI (gen AI) capabilities, empowering them to transform public service delivery.

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Accelerating new drug development with AI in APAC

Clinical trials and the process of new drug development generate some of the highest-quality data in the world. The use of #AI in these represents a transformative shift that promises to make studies in drug development more efficient, accurate, and patient-centric.

CVC Funds agree sale of OANDA to FTMO

CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).

Clime Capital invests in smart energy management solution provider Ampotech

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.

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Innovation in alternative credit data & AI credit scoring is a double-edged sword for borrowers

Dynamic pricing has been a controversial practice as it raises ethical questions about fairness and transparency.