Awantec secures a RM294.27 million agreement to become Redtone’s technology partner.
KUALA LUMPUR – In a significant move to bolster the Malaysian government’s digital transformation, AnwanBiru Technology Bhd, through its wholly-owned subsidiary Awantec Systems Sdn Bhd, has announced a pivotal service…
Despite U.S. sanctions, China may be advancing in chip production but unfortunately still confronts major hurdles.
In a move that signals a significant leap in China’s semiconductor ambitions, Semiconductor Manufacturing International Corporation (SMIC), the nation’s premier chipmaker, has reportedly been producing advanced chips, undeterred by stringent…
Attentive.ai secures a whopping $7M in funding to enhance automation within landscaping and construction services.
In a significant move towards revolutionizing the landscaping and construction sectors, Attentive.ai, a startup known for its innovative vertical software solutions, has successfully raised $7 million in a Series A…
East Ventures helps introduce emissions calculator for Indonesian firms.
Indonesia stands at a critical juncture in the fight against climate change, ranking among the world’s top contributors to greenhouse gas (GHG) emissions. This environmental challenge is compounded by the…
Adobe Study Finds Singapore Lagging in AI Adoption Despite High Consumer Interest
In a world increasingly dominated by technology, Artificial Intelligence (AI) has become a cornerstone of innovation, driving advancements in everything from healthcare to retail. Singapore, a nation known for its…
China commits to enhancing support for electric vehicles in the face of trade challenges
In a strategic move to fortify its burgeoning electric vehicle (EV) sector against escalating international trade tensions, China has announced a comprehensive support package aimed at enhancing the global competitiveness…
India’s Cred plans to expand into digital wealth management through the acquisition of Kuvera.
In a landmark move for the Indian fintech sector, Cred, a leading fintech giant, has announced its acquisition of Kuvera, a prominent digital wealth management platform, in a deal involving…
SentinelOne finalizes purchase of SG cloud security startup
In a significant move that underscores the rapid consolidation within the cybersecurity industry, SentinelOne, a leading US cybersecurity firm publicly traded on the New York Stock Exchange, has officially announced…
Coca-Cola Launches New ‘Spiced’ Flavor with Raspberry Twist
Coca-Cola has taken a significant step by introducing Coca-Cola Spiced, marking its latest permanent addition to the Coke family. This new entrant is particularly noteworthy as it reflects Coca-Cola’s strategy…
UEM Sunrise and Alliance Bank collaborate to offer home financing solutions
In a strategic collaboration aimed at empowering homeowners and facilitating their homeownership journey, UEM Sunrise Bhd, a renowned property developer, has joined forces with Alliance Bank Malaysia Bhd to introduce…
River’s Electric Revolution: Securing a Whopping $40 Million to better Redefine Urban Mobility in India
In an ambitious move to steer the future of urban transportation in India, River, an innovative electric two-wheeler startup, has recently announced a monumental $40 million in Series B funding.…
Foreign investors have continued to be net buyers for the past two weeks, with a total inflow of RM132 million.
This information is crucial for understanding the dynamics of Malaysia’s stock market, especially in terms of foreign participation. A decline in foreign investment can have various implications, such as reduced…
Britain allocates £100 million towards AI research and regulatory efforts.
London, UK – In a significant move towards advancing the field of artificial intelligence (AI), the United Kingdom has announced a substantial investment of over £100 million (US$125 million) in…
In 2023, a ex-Lazada’s D2C home appliance brand tripled sales and became extremely profitable.
In the dynamic realm of consumer electronics, Simplus has emerged as a beacon of innovation and excellence, reshaping the Southeast Asian home appliance market with its distinctive offerings and customer-centric…
Sygnum, a cryptocurrency-focused bank, secures more than $40 million in funding as part of its expansion plans in the market.
Singapore, February 6, 2024 – Sygnum, the global digital asset banking group, has successfully raised over US$40 million in a recent funding round aimed at fueling its growth and enhancing…
Nintendo makes its Switch sales projection better due to rising expectations for hardware releases.
In a strategic move to maintain its dominance in the gaming industry, Nintendo has announced an upward revision of its full-year Switch sales forecast. The company now expects to sell…
South Korea is taking big steps to facilitate foreign access to the FX market.
SEOUL, South Korea – In a significant move to bolster its standing as an attractive destination for offshore investors, South Korea’s finance ministry announced a series of measures aimed at…
Former WeWork CEO’s Risky Bid to Buy Back WeWork
Adam Neumann, the enigmatic co-founder of WeWork, has once again captured the business world’s attention with his audacious move to repurchase the company he was once ousted from. Amidst its…
KakaoBank enhances the capabilities of its AI research facility located within the Digital Realty ICN10 data center.
Singapore, February 6, 2024 – In a strategic move to accelerate its AI capabilities and research initiatives, KakaoBank, the leading mobile bank in Korea, has partnered with Digital Realty, a…
BP makes a comeback with a net annual profit of US$15.2 billion and boosts its share buyback program.
London, UK – In a stunning reversal of fortunes, British energy giant BP announced on Tuesday that it had rebounded into vast profitability in 2023, marking a remarkable turnaround from…