Latest news and trends about tech

ORZON Ventures invests in SLEEK EV, aims to revolutionize electric mobility in Southeast Asia

This strategic investment will fuel SLEEK EV's mission to accelerate the transition of 2-wheelers in Southeast Asia to electric.

Marina Bay Sands Hotel during daytime

From blocks to bytes, we need builders for Singapore’s digital domain, too

#Singapore's iconic public housing scheme is undergoing pivotal changes for greater inclusivity and equity. But Prime Minister Lee Hsien Loong's recent National Day Rally also touched on another vision: We need to empower more Singaporeans to build our digital domain to forge our economic future.

Rethinking the future of 5G through the lens of extended reality (XR)

The convergence of #5G technology with #XR is a critical step towards increasing global connectivity and unlocking new social and economic opportunities, even towards the much-anticipated metaverse. However, given the complexity of the #IoT ecosystem, organizations that utilize XR must be informed and selective when building their 5G-integrated…

Korean Air selects NASDAQ-listed satellite communications firm Viasat’s inflight broadband service

Under the agreement, the Korean flag carrier has selected Viasat’s inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft.

500 Global closes $143M across early-stage & growth vehicles for Southeast Asia; ropes in Khazanah, KWAP & EPF as LPs

Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).

Singapore’s talent recruitment firm Glints’ revenue hits record highs; up 85% y-o-y, gross profits up 110%

Glints announced in December last year it is reducing its team size and retrenching some of its staff.

Josys raises $93M Series B to drive expansion & revolutionize global IT operations

Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.

India’s IndoSpace raises additional $150M investment led by Qatar Investment Authority, Grosvenor’s Diversified Property Investments

IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, has announced the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional USD 150 million in investment.

Grab-led digibank GXBank becomes first to get Malaysia central bank’s approval to commence operations

GXBank has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023.

Supertree Grove, Singapore

Bridging the digital divide: Empowering SMEs to thrive in the digital age

Regardless of a business's scale or digital literacy, the future of #Singapore's business ecosystem hinges on collective efforts toward a more digitally inclusive landscape, one where SMEs thrive and contribute to a brighter, digitally empowered tomorrow. #DigitalTransformation