Latest news and trends about tech

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The cost of inaction: Why cybersecurity could make or break your business

It is often said that a chain is only as strong as its weakest link. For all the effort and passion that goes into building a business, leaders cannot afford to overlook laying the foundation of its security system.

Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac

Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United States-listed blank check company Aura FAT Projects Acquisition Corp (AFAR).

Stripe teams up WhatsApp for in-chat payments in Singapore

Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore businesses to accept payments directly in WhatsApp chats.

Japan’s SMBC launches $200M fund to invest in Asian FinTech startups

Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” (CVC) with Tokyo-based venture capital firm Incubate Fund (IF) in the Singapore for the purpose of accelerating business development and partnerships through investments in high potential Asian start-ups.

City University of Hong Kong launches HK Tech 300 Southeast Asia Start-up Competition

City University of Hong Kong has on Monday launched the first ever HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) in Kuala Lumpur, Malaysia, extending the highly anticipated innovation and entrepreneurship program to Southeast Asia to foster start-ups and innovation and technology development in the region.

Carsharing supercharges EV adoption in Singapore

In the long run, shifting perceptions on EVs and greater usage through carsharing will create a multiplier effect that enhances the accessibility of EVs, increases users’ willingness to use EVs, and amplifies the demand for existing charging stations. These will culminate in greater investment by the government and EV charging partners to expand Singapore’s…

CIMB introduces suite of EV financial solutions in Malaysia to drive EV adoption

Malaysian lenders CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively CIMB) have on Monday introduced its suite of electric vehicle (EV) financial solutions in Malaysia to drive the adoption of EVs in Malaysia.

Indonesia and Malaysia announce commercial launch of cross-border QR payment linkage

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have on Monday announced the commercial launch of the Indonesia-Malaysia cross-border QR payment linkage. The commercial launch of this linkage follows from the successful completion of the pilot phase of the linkage announced on January 27, 2022.

Indonesia’s UENA raises new funding co-led by East Ventures, Trihill Capital

UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed amount of new funding co-led by the existing investor, East Ventures, and the new investor from Trihill Capital.

MAS imposes further additional capital requirement on DBS Bank for disruption of banking services

The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and automated teller machine (ATM) services on May 5.