Latest news and trends about tech

Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year

Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).

Coca-Cola, Grab expand partnership to deliver innovative consumer experiences in Southeast Asia

Singapore-based superapp Grab and global soft drink manufacturer Coca-Cola are advancing their strategic partnership in Southeast Asia to better engage today’s increasingly hybrid shoppers.

Bitcoin heading 100K: A new chapter about to begin for crypto adoption

Looking ahead to next year, the election victory of President #Trump could signal a broader shift of regulation over the #Crypto industry and will have a far-reaching impact on US and global markets.

BDx Indonesia launches AI data center park in Indonesia

BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat), Lintasarta, and BDx Data Centers (BDx), has recently launched an artificial intelligence (AI) data center park in Indonesia.

CGS International sees potential downside risks to Malaysia’s technology sector earnings

CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia's technology sector earnings.

CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startups

The #Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission.

Malaysia Venture Forum 2024 opens in KL, brings together public & private sectors to discuss future of VC ecosystem

The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation.

Malaysia’s AI startup Mesolitica builds Malaysian LLM for generative AI assistants on AWS

With AWS, Mesolitica can now deploy proofs of concept (PoCs) in as little as 24 hours, while the AWS Asia Pacific (Malaysia) Region provides a 20 percent reduction in latency, critical for achieving human-like conversations in AI voice assistants.

KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.

Thailand Post partners with insurtech firm bolttech to launch online motor insurance

Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.