Author: Mark Ko
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Regional insurtech company Igloo, in collaboration with the Philippines’ largest mobile network Smart, has announced new phone protection plans aimed at its extensive subscriber base of 55 million. This initiative is part of Igloo’s ongoing efforts to make insurance accessible and affordable for all. This partnership highlights Smart’s commitment to enhancing customer experience while advancing…
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Thailand – SAP Thailand has announced that Bangkok Airways Public Company Limited (BA) has selected RISE with SAP, a comprehensive business transformation package that includes cloud solutions, infrastructure, and services, to enhance operational efficiency and adaptability. This move aims to provide the airline with a competitive edge through advanced technologies and improved IT resource management.…
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Singapore – Tech Data, a TD SYNNEX Company, has announced its acquisition of Orca Technology Pty Ltd (Orca Tech), an independent value-added distributor specializing in IT security in Australia and New Zealand (ANZ). This acquisition, effective immediately, bolsters Tech Data’s IT security capabilities and portfolio. Orca Tech, recognized as the fourth fastest-growing technology company in…
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Singapore – Aspire, a leading all-in-one finance platform in Asia, has launched “Aspire AI,” a suite of AI-powered features designed to offer businesses real-time analytics and streamline financial processes through advanced automation. As Singapore businesses navigate rising inflation and a volatile global economy, many are turning to technology, including AI, to boost productivity. Despite AI’s…
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Singapore – Evotion Labs Pte Ltd has launched Singapore’s first TR25 approved battery charge and swap service, in collaboration with NIU, a global leader in urban mobility. This landmark initiative is expected to significantly enhance the nation’s efforts toward sustainable and eco-friendly urban transportation. Evotion Labs aims to establish 22 battery swap stations by the…
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Malaysia – Yondr Group, a leading global developer, owner, and operator of hyperscale data centers, has secured a loan facility of up to $150 million from the International Finance Corporation (IFC). This funding will support the construction of the first phase of Yondr’s hyperscale campus in Johor, Malaysia, underscoring Malaysia’s burgeoning digital economy. Located in…
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Singapore – Singapore’s Minister for Communications and Information, Mrs Josephine Teo, unveiled AI Verify Project Moonshot, an innovative toolkit designed to tackle security and safety challenges inherent in the use of large language models (LLMs), at the ATxAI conference, part of Asia Tech x Singapore (ATxSG) 2024. Project Moonshot is one of the world’s first…
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Ticketmaster, a leading global ticketing service, has been compromised by a group named “ShinyHunters,” resulting in the theft of approximately 560 million customers’ account information. What was stolen According to a report by Channel NewsAsia, the stolen data included “names, addresses, emails, phone numbers, and the last four digits of customer credit card numbers along…
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Singapore – Network for Electronic Transfers (NETS), Singapore’s leading payment services group, announced today that it will offer a complimentary NETS Motoring Card to every vehicle owner installing an On-Board Unit (OBU). This initiative is expected to benefit up to 1 million motorists. The Land Transport Authority (LTA) will manage the distribution of the NETS…
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Singapore – CEOs are expressing increased optimism about their immediate prospects and the actions required to generate capital for future growth investments, despite a challenging market environment. According to the latest quarterly EY CEO Outlook Pulse survey, engaging more effectively with institutional investors and the government could expedite decarbonization and the creation of new revenue…
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