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AI is not merely a technology, but a strategic cultural assetA while ago, I spoke with a foreign friend who has been a longtime entrepreneur in Japan, and we talked about his local experience. He said that what takes the most time to get used to is Japan’s unique way of communicating, as opposed to competing in the market. “Sometimes they talk very politely, but I’m still not sure if it’s really an offer or a refusal.” He...0 Commenti 0 condivisioni 1K Views 0 Anteprima
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Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, servicesMalaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services. Bank Islam said in a statement that its wholly owned subsidiary BIMB Holdings Sdn Bhd has entered a strategic joint venture agreement with RELDYN to...0 Commenti 0 condivisioni 11K Views 0 Anteprima
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Bolttech, Sumitomo team up to deliver technology-enabled embedded solutions to distribution partners in AsiaBolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia. Bolttech said in a statement that the two companies will enter a joint venture for the partnership. The technology-enabled embedded solutions will enable distribution partners to...0 Commenti 0 condivisioni 7K Views 0 Anteprima
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Deloitte survey finds more than 40 percent of family offices are advancing technology strategies amid digital transformationFamily offices worldwide are accelerating their digital transformation to meet the evolving demands of wealth management in today’s complex market landscape, according to Deloitte Private‘s survey. The firm said in its “Family Office Insights Series: Digital Transformation of Family Office Operations” report that 43 percent of family offices are developing or rolling...0 Commenti 0 condivisioni 6K Views 0 Anteprima
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Foxconn Technology invests $30M in Robocore to expand into medical, elderly care robotics marketTaiwan-based Foxconn Technology Co., Ltd (FTC) has invested $30 million in Hong Kong-based robotics firm Robocore Technology Limited to expand into medical, elderly care robotics market. Robocore, a partner of the Hong Kong Science and Technology Parks Corporation (HKSTP), announced in a statement on Tuesday the completion of its Series D funding. FTC, through its wholly-owned subsidiary...0 Commenti 0 condivisioni 2K Views 0 Anteprima
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Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detectionPHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round. The firm said in a statement that this represents the largest Series A raise in Asia’s diagnostic technology sector since 2019, reflecting robust investor conviction in PHASE Scientific’s innovative PHASIFY™...0 Commenti 0 condivisioni 10K Views 0 Anteprima
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Commenti 0 condivisioni 2K Views 0 Anteprima
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Commenti 0 condivisioni 2K Views 0 Anteprima
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MARii partners Petronas to drive automotive innovation with AI-powered predictive maintenance technologyThe Malaysia Automotive Robotics and IoT Institute (MARii) and Petroliam Nasional Bhd (Petronas) have forged strategic partnership to drive automotive innovation with artificial intelligence (AI)-powered predictive maintenance technology. MARii said in a statement on Thursday that the firm and Petronas’s project management and technical services commercialization arm, Petronas Global...0 Commenti 0 condivisioni 7K Views 0 Anteprima
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MAS’ experts panel proposes ways to enhance technology resilienceThe Monetary Authority of Singapore’s (MAS) Cyber and Technology Resilience Experts (CTREX) Panel has proposed ways to enhance technology resilience and tackle emerging threats. MAS said in a statement on last Friday that the key insights and recommendations from the panel recent meeting include adopting a service-centric approach to strengthen operational resilience; addressing...0 Commenti 0 condivisioni 8K Views 0 Anteprima
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Maybank stays cautious on Malaysia’s technology sector amid US tariff turbulenceMaybank Investment Bank has remained cautious on Malaysia’s technology sector amid US tariff uncertainties. The research house said in a recent report that against the backdrop of emergent systemic risks (Sino-Western decoupling, US reciprocal tariff policy and fiscal deterioration, escalating Middle East conflict etc. that has threatened the integrity of global semicon supply chains,...0 Commenti 0 condivisioni 4K Views 0 Anteprima
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11 startups backed by Sanabil Accelerator by Orbit advance innovation across MENASanabil Accelerator by Orbit highlighted 11 startups from Saudi Arabia, UAE, Qatar, Egypt, Pakistan, and Hong Kong that are building solutions tackling key challenges in education, mobility, enterprise software, logistics, e-commerce, proptech, and fintech across the region. These startups each received $100,000 in initial funding as part of the accelerator, along with access to follow-on...0 Commenti 0 condivisioni 892 Views 0 Anteprima
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20 banks join IFC’s green alliance to support sustainable banking transformation in APACTwenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group. IFC said in a statement on Tuesday that this inaugural cohort marks an important step in accelerating the transformation of commercial banks towards excellence in green...0 Commenti 0 condivisioni 2K Views 0 Anteprima
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6 Barriers to AI adoption in APAC health care systemsAI can transform nearly every industry, including the health care sector. It can be used to enhance diagnostics, personalize treatment plans, aid in drug discovery, and provide patient support. These things are especially critical in the Asia-Pacific (APAC) region, where AI has the potential to revolutionize health care delivery, disease management, and medication development. Despite its...0 Commenti 0 condivisioni 911 Views 0 Anteprima
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65 Equity Partners-backed AvePoint announces dual listing on SGX to continue global expansionAvePoint, the 65 Equity Partners-backed global data security firm, announced Thursday its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX). This marks a historic milestone as AvePoint becomes the first business to business (B2B) software as a service (SaaS) stock to be listed on SGX, and the first company to be dual listed on both Nasdaq and SGX, the firm...0 Commenti 0 condivisioni 120 Views 0 Anteprima
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AirAsia MOVE expands its list of airline partners to include Air MacauAirAsia MOVE (MOVE), the digital arm of Malaysia-based Capital A, has partnered with Air Macau, making the airline a direct partner on the MOVE platform. This partnership not only opens up more travel options across vibrant destinations in Macau, Greater China, and Asia, making it easier than ever for travelers to plan seamless journeys, but also supports Macau’s tourism goal of...0 Commenti 0 condivisioni 667 Views 0 Anteprima
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Airwallex expands to billing businesses via OpenPay acquisitionAirwallex, a global financial platform for modern businesses, announced Wednesday the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics. The acquisition will bring OpenPay’s billing and analytics capabilities into Airwallex's global platform, strengthening Airwallex’s position against...0 Commenti 0 condivisioni 914 Views 0 Anteprima
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Alipay+ partners Grab to make ride hailing services available to global digital wallet usersAlipay+, Ant International’s global wallet platform, and Grab, Southeast Asia’s superapp, have announced the integration of Grab’s ride-hailing services into Alipay+ Voyager, its inbuilt end-to-end artificial intelligence (AI) travel agent. The duo said in a statement on Tuesday that this will make local transportation services in Southeast Asia more accessible for users of...0 Commenti 0 condivisioni 269 Views 0 Anteprima
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Alipay+ to help Laver Cup drive fanbase growth and digital engagement in global sponsorshipAlipay+ this week became a global sponsor of the prestigious Laver Cup initiated by legendary tennis player Roger Federer. And also as an official payment partner, Alipay+ will leverage its extensive digital ecosystem that reaches 1.7 billion consumers to drive fanbase growth and engagement for the tournament. Alipay+ joins other long-term strategic partners like Rolex, Mercedes-Benz and UBS...0 Commenti 0 condivisioni 157 Views 0 Anteprima
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Analysts stay upbeat on Malaysia’s renewable energy sectorAnalysts have stayed upbeat on Malaysia’s renewable energy (RE) sector after the government’s projects are gaining momentum. Maybank Investment bank said in its recent note that it has reiterated its positive call on Malaysia’s RE sector, driven by supportive policy reforms and an accelerating project pipeline. On August 29, the Energy Commission cut system access charge...0 Commenti 0 condivisioni 1K Views 0 Anteprima
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Ant International joins Google’s Agent Payments protocol as a launch partnerAnt International, a global provider of digital payments, digitization, and financial technology, announced Wednesday its role as a launch partner of Google to develop Agent Payments Protocol (AP2), an open rulebook that defines how artificial intelligence (AI) agents can reliably transact with the authorization of users. Ant International said in a statement that with the rise of agentic...0 Commenti 0 condivisioni 140 Views 0 Anteprima
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Ant International recognized as an inaugural foreign institution partner by China’s cross-border interconnection payment gatewaySingapore-headquartered FinTech firm Ant International is appointed as an inaugural foreign Institution Partner (FIP) of China’s Cross-border Interconnection Payment Gateway (CPG), under the guidance of the People’s Bank of China and the Payment & Clearing Association of China (PCAC). Ant International and Alipay are the largest player in the CPG scheme with the largest number...0 Commenti 0 condivisioni 167 Views 0 Anteprima
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Ant International’s Alipay+ to become official payment partner of the Laver CupLaver Cup and Alipay+, part of Ant International, a global digital payment, digitization and financial technology provider, have on Monday formally announced a new long-term strategic partnership which will begin at Laver Cup San Francisco 2025, to be held at the Chase Center from September 19-21. Ant International said in a statement that the unified global wallet gateway Alipay+, along with...0 Commenti 0 condivisioni 472 Views 0 Anteprima
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