Latest news and trends about tech
IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance
To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).
Indonesia tech startup funding plunges 64% on year in first half
Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.
More than 40 Indonesian agencies hit by cyberattack on data centers – report
Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.
Novo invests in Indian agritech firm AgNext Technologies
Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology company enhancing trust along the food chains by innovating artificial intelligence-based food quality assessment technologies.
From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives
Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial resistance (AMR), a silent pandemic threatening millions of lives. Proposed by researchers at VinUniversity, the University of Illinois, the Vietnam National University of…
Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half
Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said Tuesday.
Silverlake Axis ventures into Cambodia through strategic partnership with Chip Mong
Singapore-listed fintech and digital banking solutions provider Silverlake Axis Ltd. (SAL) has ventured into Cambodia through strategic partnership with Chip Mong Group, a Cambodian conglomerate.
Singapore’s Atome Financial secures up to $100M growth debt facility from EvolutionX to drive expansion in Southeast Asia
Singapore-based fintech firm Atome Financial has secured up to $100 million growth debt facility from EvolutionX to drive profitable expansion in Southeast Asia.
Hong Kong fintech firm FundPark secures $250M in loan led by HSBC
FundPark, a Hong Kong-based fintech company, has closed an asset-backed securitization (ABS) facility of up to $250 million, of which HSBC will provide up to $200 million as the senior lender.
Malaysia’s Systech partners EISSB to develop data centers
Malaysian information technology (IT) services firm Systech Bhd has partnered industrial-grade servers and storage solutions provider EH Integrated Systems Sdn. Bhd. (EISSB) to develop and operate data centers.
