PhonePe aims to rival Google Play in India but faces challenges ahead.
In a bold move set to reshape India’s app ecosystem, Walmart-backed PhonePe is gearing up to launch its very own Android app store this week. The innovative platform promises to…
Beond Airline Elevates Luxury Travel with Apple Vision Pro Headsets
Beond has announced an unparalleled upgrade to its inflight entertainment system by offering Apple Vision Pro headsets to passengers. This novel initiative, set to launch in July 2024, positions Beond…
Vietnam Stocks Shine Bright Amid Regional Challenges
Vietnam‘s stock market has emerged as a beacon of resilience, outpacing its regional counterparts and attracting a trickle of foreign investment for the first time in months. Despite the looming…
Regulatory Investigation Unveils $241 Million Accounting Discrepancy at Zee
India’s market regulator has uncovered a significant hole of more than US$240 million in the accounts of Zee Entertainment Enterprises Ltd, dealing yet another blow to the beleaguered media conglomerate.…
Singapore to spend S$100 million to better upgrade fibre network to 10Gbps starting mid-2024.
In a bid to bolster its digital infrastructure, Singapore has announced a substantial investment of up to S$100 million (US$74.3 million) to upgrade its nationwide broadband network. The ambitious plan,…
Uber is excited to be experimenting with prepaid-item pickup from nearby stores in India.
Gig workers can now collect prepaid items from local stores for delivery to customers in Delhi-NCR New Delhi, India – February 21, 2024: Uber has discreetly initiated testing for a…
The Nasscom-BCG report forecasts India’s AI industry to reach a valuation of $17 billion by 2027
Mumbai, India – In a significant development for India’s technology landscape, the artificial intelligence (AI) market is poised for robust growth, with projections estimating its value at $17 billion by…
Singapore faces challenges with increasing cybercrime incidents, as scam cases continue to rise.
In an era increasingly dominated by digital transactions, Singapore has witnessed a significant surge in cybercrime, with scam and cybercrime cases escalating by an unprecedented 49.6% last year. This alarming…
Five Australian Telcos Penalized for Allowing Scam SMS Flood
Australia has taken decisive action against five telecommunications companies for their role in distributing bulk scam SMS messages, in violation of the nation’s stringent anti-scam regulations and public safety protocols.…
Indonesia’s Expansion in North Sumatra Basin
Indonesia is poised to expand its oil and gas exploration efforts in the North Sumatra basin following a significant discovery by Mubadala Energy, as the country aims to ramp up…
Paytm, India’s fintech leader, falters amid scrutiny, raising industry worries.
New Delhi, India – In the aftermath of India’s demonetisation on November 8, 2016, which saw the withdrawal of high-value currency notes from circulation, Paytm seized the moment with a…
China’s Securities Watchdog Engages Market Participants to Restore Market Confidence
In Beijing and Shanghai, China‘s securities watchdog convened a series of seminars on Sunday and Monday, engaging with various market participants to explore strategies aimed at enhancing scrutiny of company…
Encouragement for EV makers to choose Malaysia as their ASEAN hub.
Investment Minister Tengku Zafrul Abdul Aziz Highlights Opportunities in ASEAN’s Growing EV Market Petaling Jaya, 20th Feb 2024: Investment, trade, and industry minister Tengku Zafrul Abdul Aziz has urged electric…
India’s disgruntled farmers demand a better agreement.
The ongoing farmers’ protest in India has once again captured global attention as tensions rise between agricultural workers and the government. What started as opposition to agricultural laws has evolved…
Singapore-based financial technology company Xalts has acquired the digital trade platform, Contour Network.
In a surprising move that signals the growing clout of fintech startups on the global stage, Singapore-based Xalts has announced its acquisition of the digital trade platform Contour, originally established…
China Introduces Fresh Initiatives to Stimulate Real Estate Sector
In a bold move to invigorate the economy and spark a revival in the property market, China announced a significant reduction in its benchmark mortgage reference rate on February 20.…
ANZ Moves Forward with US$3.2 Billion Suncorp Acquisition Following Tribunal Victory
On February 20th, ANZ Group Holdings Ltd achieved a significant legal victory, overturning the Australian Competition and Consumer Commission’s (ACCC) previous decision to block its A$4.9 billion (US$3.2 billion) bid…
Sarawak to Evolve Into a Formidable Economic Hub
PETALING JAYA: According to a recent analysis by RHB Research, Sarawak is on the brink of an economic transformation that promises to elevate it to the status of an economic…
Techtaka Secures $9.5 Million Funding for Its E-commerce Fulfillment Service
Techtaka has emerged as a beacon of innovation in the e-commerce logistics sphere, having secured a substantial $9.5 million in Series B funding, led by Altos Ventures. This pivotal financial…
Global Stocks Stagnate Amid Inflation Concerns and Modest Gains in China
On Monday, global stock markets experienced a sluggish start, hampered by diminishing prospects for early interest rate cuts and only slight advancements in Chinese markets as they reopened post-Lunar New…