Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem
Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.
The firm said in a statement that the multi-faceted initiative will begin with AirAsia introducing new routes to Riyadh and Dammam, while increasing flight frequencies to Jeddah from Kuala Lumpur.
The group is also…
Ant International partners with Barclays on global treasury management with proprietary AI-powered FX model
Singapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses.
Under the partnership, the two sides will combine innovative solutions, including Ant’s proprietary Time-Series Transformer (TST) AI FX Model, to help businesses reduce foreign exchange…
Forrester Unveils Top 10 Emerging Technologies For 2025; AI Innovation Shifts From Experimentation To Business Imperative
Agentic AI represents the next frontier in automation, enabling systems to make decisions independently and with intent
SINGAPORE, May 7, 2025 /PRNewswire/ -- As generative AI evolves into agentic AI, automation becomes more sophisticated, and emerging technologies shift to large-scale deployment, firms will no longer be experimenting with AI by the end of 2025 — they will be racing to keep up…
FancyTech Closes Series B+ to Power AI Personalized Content Solutions in Thailand and Southeast Asia
BANGKOK, May 7, 2025 /PRNewswire/ -- FancyTech, an AI startup specializing in commercial content generation and winner of the 2024 LVMH Innovation Award, has announced the successful close of its Series B+ funding round. The round was co-led by GSR Ventures and Zhilin Capital, with continued backing from existing investor DCM. This latest capital injection will power the company's global…
SpreeAI Is Redefining Retail With Virtual AI-Powered Try-Ons Curated by the Top in Tech and Fashion
SpreeAI celebrates a $1.5 billion valuation as it prepares for groundbreaking partnerships and game-changing innovation.
NEW YORK, May 6, 2025 /PRNewswire/ -- SpreeAI, a leader in fashion tech innovation, is transforming retail with its photorealistic try-on product so lifelike the naked eye can't tell it's virtual. Combined with sizing technology boasting 99% accuracy, SpreeAI delivers…
Shoplazza Sponsors Hassan Sunny’s Seattle Visit, Empowering Youth Through Soccer and Technology
SEATTLE, May 6, 2025 /PRNewswire/ -- United Sports FC, with the support of Singapore Global Network (SGN), East West Bank USA, and global e-commerce platform Shoplazza, successfully hosted Hassan Sunny, former Singapore national team goalkeeper and current player for Albirex Niigata Singapore FC, in Seattle, Washington. From April 28 to May 5, Hassan participated in a week-long series of youth…
TPIsoftware’s digiRunner Wins Vietnam Sao Khue Awards 2025 for Retail Ecosystem Innovation
TAIPEI, May 6, 2025 /PRNewswire/ -- TPIsoftware (TWSE: 7781), Taiwan's leading software company specializing in digital transformation, has been awarded the Sao Khue Awards 2025 in recognition of its API management platform digiRunner's proven capabilities in heterogeneous integration across retail ecosystems. Being an honoree in the Retail and Distribution category, digiRunner has been…
Malaysia’s parenting platform Nuren engages ZICO for proposed NASDAQ IPO
Malaysia's premier parenting platform Nuren Group Limited has announced the engagement of ZICO Evolve Capital Sdn Bhd as its financial advisor for initial public offering (IPO) structuring and readiness in connection with the proposed listing on the Nasdaq Stock Exchange in the United States.
Nuren said in a statement on Monday that The proposed listing marks a significant milestone in its…
GoTo announces resignation of members of board of directors, commissioners
Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners.
The firm said in a statement on last Friday that the company has received resignations from two members of the board of directors last Wednesday.
Thomas Kristian Husted, resigning from his position as…
Bukalapak’s first quarter revenue up 37 percent q-o-q on growth in gaming and retail segments
PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.
The firm's net profit also swung to positive at IDR 112 billion, compared to…