Ifvex

Ifvex

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2025-08-05 11:02:40 -

Sea and OpenAI sign MOU to accelerate AI adoption in Southeast Asia
Singapore-based tech firm Sea Limited has announced the signing of a memorandum of understanding (MOU) with American artificial intelligence (AI) firm OpenAI to advance the use of AI across Southeast Asia. Sea said in a statement on last Friday that the MOU focuses on making cutting-edge AI tools more accessible to consumers and small businesses in the region. Building on the Operator launch...

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Ifvex

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2025-08-05 10:59:30 -

TikTok Shop doubles global GMV in H1 with U.S. market hitting $5.8B: Momentum Works & Tabcut report
TikTok Shop doubled its global gross merchandise value (GMV) in the first half of 2025, with U.S. market hitting $5.8 billion, Momentum Works & Tabcut report showed last Friday. The duo said in a statement that TikTok Shop’s global GMV hit $26.2 billion in the first half, and if the current pace of growth holds, the platform is on track to double its 2024 GMV of $33.2 billion by...

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2025-08-05 10:30:46 -

Malaysia launches Next Gen TeenXChange and Game Changers Coalition Program to empower girls in gaming, STEAM
Malaysia has taken a step forward in advancing digital inclusion with the launch of the Next Gen TeenXChange and Game Changers Coalition Program, a pioneering initiative by UNICEF, in partnership with the Malaysia Digital Economy Corporation (MDEC) and supported by Micron Technology Malaysia as well as Bank Simpanan Nasional (BSN). MDEC said in a statement on last Thursday that the program...

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2025-08-05 10:22:49 -

Salesforce: Singapore ranks second globally in AI readiness
Salesforce has on last Friday released its Global AI Readiness Index, which finds Singapore ranking second globally in overall artificial intelligence (AI) readiness, exemplifying how aligned strategy, public-private collaboration, and digital investment create fertile ground for agentic AI. The ranking affirms Singapore’s position as a global AI leader and underscores the success of its...

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2025-08-05 10:17:36 -

Google Play integrates K PLUS via Antom Merchant Payment Service
Google Play, Ant International’s Antom and KASIKORNBANK announced last Friday the launch of K PLUS as a new local payment method on Google Play, marking the first time that a Southeast Asia (SEA) mobile banking app is made available as a payment option in the platform. The trio said in a statement that the rollout also marks the first time that Antom, the unified merchant payment service...

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2025-08-05 03:48:31 -

CIMB signs MOU with Remedi to accelerate digital transformation for healthcare SMEs
Malaysian lender CIMB Bank Berhad has signed a memorandum of understanding (MOU) with Remedi Innovations Sdn. Bhd. to co-develop digital health and wellness solutions for health tech small and medium enterprises (SMEs) in Malaysia. This strategic partnership positions CIMB as both an ecosystem enabler and innovation partner, driving technology-led financial solutions across high-growth...

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2025-08-05 03:37:12 -

Foxmont secures $30M first Close for Fund III, anchored by Dutch DFI
Foxmont Capital Partners, the Philippines’ institutional early growth capital firm, announced Friday the first close of its third fund at $30 million — more than doubling its assets under management (AUM) and surpassing the combined size of its first two funds. With Fund 3, Foxmont welcomes two new institutional investors with the first close: The Dutch Good Growth Fund (DGGF), a...

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2025-08-05 03:27:16 -

The critical role of SysAdmins in protecting privileged access
Every July, we recognize SysAdmin Day on the 25th, a global nod to the unsung heroes who keep our digital infrastructure running smoothly. From maintaining uptime to safeguarding systems, system administrators (sysadmins) are often the first and last line of defense against cybersecurity threats. This day of recognition also presents a critical moment for system administrators and CISOs in the...

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2025-08-05 03:10:29 -

Kenanga: hyperscale data center boom spurs demand for telco connectivity services
Kenanga Research has foreseen compelling growth opportunities for Malaysian telcos, driven by the rapid expansion of digital infrastructure across ASEAN. This is underpinned by investments from hyperscalers, internet giants, content application providers, and co-location (co-lo) data center operators in cloud regions, hyperscale data centers, points-of-presence (PoPs), and edge-caching...

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2025-08-01 03:29:21 -

Adyen and Atlas partner to improve payments technology for Singapore’s F&B businesses
Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses. Adyen said in a statement that the collaboration drives backend innovation and greater efficiency for Atlas’ F&B operators through its AtlasPay solution by offering...

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2025-08-01 03:26:31 -

Analysts: Malaysia’s push to rejoin global chip supply chain shows results
Analysts said Malaysian government’s effort to reestablish the country’s positioning in the semiconductor global supply chain has started to yield results. According to MBSB Research, a year after the announcement of the National Semiconductor Strategy (NSS), a notable strategic investment of MYR 63 billion ($14.88 billion) has been secured, along with over 13,000 talent being...

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2025-08-01 03:22:38 -

Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities
Thunes, a Singapore-based fintech firm, announces a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide. Through its direct integration into Thunes’ proprietary Direct Global Network, EzyRemit now offers customers access to real-time payouts to billions of...

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