Latest news and trends about tech
APDCA foresees $34 bln economic output from Malaysia’s data centers
The Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024.
Singapore’s 129Knots and Green Link Digital Bank team up to launch global embedded finance initiative for marine fuel
Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.
Powering APAC’s AI future through next-gen data center networks
As digital transformation accelerates across Asia Pacific, Sang Xulei, Senior Vice President and Head of Network Infrastructure, Asia Pacific, explores why network scalability and reliability are essential to helping enterprises thrive.
NTT DATA: 93 percent of APAC healthcare decision makers said GenAI accelerates R&D
Research by NTT DATA, a Japan-based business and technology services, revealed Wednesday that 94 percent of respondents say GenAI accelerates research and development (R&D) to enable faster access to new treatments, improved diagnostics, predictive analytics and task automation.
Maxis partners with Aduna to accelerate enterprise innovation through powerful network APIs
Maxis, a Malaysia-based integrated telco, announced Thursday that it has entered a partnership with Aduna, a landmark venture between some of the world's leading telecom operators and Ericsson, to drive the adoption of powerful, standardized network application programming interfaces (APIs) that will accelerate digital innovation for businesses.
Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter
Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.
The SEA mirage: Why Southeast Asia isn’t India 5 years ago
SEA isn’t India’s twin. It’s the fun, chaotic cousin at the wedding - same bloodline, different stories. If you’re a VC or founder trying to paste an SEA thesis into Indian terrain (or vice versa), be ready for the plot twist.
Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth
Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.
Singapore’s Respiree closes $11.6M Series A financing round led by We Venture Capital and ClavystBio
Respiree, a Singapore-based health tech company with artificial intelligence (AI) platforms, has announced the successful closing of a $11.6 million Series A financing round led by We Venture Capital and ClavystBio.
IFC invests $19.2M in Vietnam ETC operator VETC
The International Finance Corporation (IFC), a member of the World Bank Group, has invested $19.2 million in Vietnam electronic toll collection (ETC) operator VETC Joint Stock Company (VETC).
