Latest news and trends about tech

Lazada and Peak3 launch new digital insurance joint venture in Southeast Asia

Lazada, a Southeast Asia's eCommerce platform, and Peak3, a global insurance technology firm, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem in Southeast Asia.

Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation

Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.

Singapore’s uHoo secures $3.7M in funding led by Wavemaker Ventures, Menarco Development Corporation

UHoo, a provider of smart indoor environmental quality (IEQ) monitoring and management solutions based in Singapore, has announced the successful close of a $3.7 million funding round, comprising equity and debt.

Malaysia’s Vynn Capital to accelerate deployment in 2025

We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…

Capgemini: AI is the top technology investment area in 2025 for 67 percent of businesses in Singapore

Artificial intelligence (AI) is the top technology investment area in 2025 for 67 percent of businesses in Singapore, Capgemini Research Institute said Monday.

Malaysia’s Perodua and UTM team up to develop next generation EV

Malaysia's national automaker Perodua and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to develop the country’s next generation of electric vehicles (xEV).

RHB turns cautious on Malaysia’s data center as US AI diffusion rules present structural risk

RHB Investment Bank is turning cautious on Malaysia's data center (DC) as the US artificial intelligence diffusion (USAID) rules present a structural risk to the multi-year growth story.

Singapore’s crypto.com secures preliminary approval for MiCA license from EU regulators

Singapore-based cryptocurrency exchange company Crypto.com said last Friday it has received in-principle approval of markets in crypto assets (MiCA) license.

TA Securities: Malaysia’s data center growth could face constraints amid US AI chip curbs

With a maximum artificial intelligence (AI) chip install base of up to 49,900 H100-equivalent graphics processing units (GPUs) per Tier-2 country from 2025 to 2027 under US recent AI chip curbs, the growth of data center (DC) projects in Malaysia could face constraints, TA Securities said last Friday.

Singapore’s GFTN partners Odisha to establish Fintech hub in Bhubaneswar

Government of Odisha’s Electronics and Information Technology (E&IT) Department and the Global Finance & Technology Network (GFTN) signed a memorandum of understanding (MoU) to establish a Global Competency Center in Bhubaneshwar Odisha to foster FinTech collaboration.