Style Theory, a fashion rental startup in Southeast Asia
Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was led by SoftBank Ventures Asia,…
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Malaysia’s INTI to train students in RPA development
Malaysian education institution INTI has announced that it will train its students on the development of software robots and intelligent automation to train the next generation of workforce for the future of intelligent automation. First…
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Manufacturing processes can be further augmented with ML technology
MANUFACTURERS need to continuously be progressive and innovative as it is substantial for economic growth. Not to mention, manufacturers also need to consistently deliver on the expectations of customers and stakeholders when it comes to…
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TIME partners Facebook to increase international connectivity
TIME dotCom Bhd (TIME) has entered into a partnership with Facebook to invest in Internet infrastructure, opening up Malaysia to more connections and international hubs; as well as strengthening connectivity in Southeast Asia. The network…
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Strengthening its expansion into fintech, Grab introduces GrabPay Card
Southeast Asian ride-hailing giant Grab today announced the launch of GrabPay Card, a numberless physical and digital card that enables its users to access rewards ecosystem and conduct payments. The card is the result of a partnership…
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Indonesia to subject foreign digital service providers to local taxes
TAXES are used by governments in order to pay for civic services, healthcare, and education. As the value of the digital economy grows, countries such as Indonesia are keen to subject foreign digital companies operating in the country to…
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Understanding digital risks requires a mature understanding of technology
PURSUING the digital transformation agenda poses many risks to companies exposing them to cyberattacks, data management and compliance issues, a variety of employee-related risks, and so on. However, neglecting to go digital isn’t an…
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TIME partners with Facebook to invest in internet infrastructure
KUALA LUMPUR: TIME dotCom Bhd (TIME) has entered into a partnership with Facebook to invest in internet infrastructure, opening up Malaysia to more connections and international hubs as well as strengthening connectivity in Southeast Asia.…
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Malaysia’s vision for ‘end-to-end’ digital services
There are long hours and early mornings in the kopitiams of Ipoh, where patrons enjoy the town’s famous white coffee with buttered toast and eggs. Business owners would once have closed their shops and queued up to renew their permits. But…
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How can marketers get customers to allow use of their personal data?
CUSTOMERS are concerned about how their personal data is used which is why they’re lobbying regulators across the world to create laws penalizing its unauthorized collection, storage, and use. Laws such as the General Data Protection…
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How Singapore’s Business sans Borders will benefit SMEs across Asia
CONNECTING small- and mid-sized enterprises (SMEs) with government agencies, service providers, and technology enablers can help fuel growth despite a lack of resources to go digital. That’s the brilliant idea that the Monetary Authority…
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Consumer insights provider Populix raises US$1M to expand its footprint beyond Indonesia
Indonesia-based consumer insights platform, Populix, just announced the closing of a US$1 million seed round of financing led by Intudo Ventures, with participation from Gobi Agung and Pegasus Tech Ventures. With this round of financing,…
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Malaysian workers will be required to have digital know-how in 2020
KUALA LUMPUR (Dec 3): The impact of digitalisation on traditional job roles across industries and functions will continue to be a trend observed in Malaysia’s job market next year, with many more expected to have digital knowledge and…
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FinAccel raises $90M to expand credit lending platform in Southeast Asia
Singapore-headquartered FinAccel has secured $90 million in what is the largest funding round for a fintech startup in Southeast Asia as it looks to further grow its credit lending app Kredivo and build more financial services. The…
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Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising
The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem. In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a…
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Google will be charging 6% digital tax starting in 2020
KUALA LUMPUR: Google Malaysia will charge a 6% digital tax on its service starting next year in tandem with the Malaysian government’s policy on imposing digital taxes. The Star newspaper reported that Google had confirmed the 6% charge…
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UTM is Malaysia’s first university with 5G
Celcom and Ericsson have kicked off a live trial of a 5G radio system at UTM’s Kuala Lumpur campus. This makes UTM the first university in the country with a 5G network and the live site will be utilised for 5G use cases and research…
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DHL’s leaders are betting big on technology, innovation, people, and CX
LOGISTICS and supply chain as an industry has already been disrupted by technology. Small- and mid-sized businesses, as well as large organizations, are looking to use technology to make real-time traceability and transparency a reality.…
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Companies hunt for talent as Singapore tech sector continues to grow
SINGAPORE: As a child, Huang Wei Long liked to tinker with his action figures and reconfigure their battery parts. When he grew older, he moved on to keyboards and audio parts, even building his own speakers. He enrolled in the School of…
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Keeping business agile with technology upgrade
It is imperative for businesses to adopt technology in order to stay competitive in the industry. But, would ‘old’ businesses take up the challenge of transforming long-established method with technology-forward system? Understanding the…
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Malaysia lacks talents to develop blockchain technology
MALAYSIA could fall further in the digital industrial revolution race as the country lags sufficient cryptography talents to drive the development of blockchain technology. Blockchain has emerged as one of today’s groundbreaking…
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Gojek announces tie-up with Trans-Cab as it celebrates first year in Singapore
SINGAPORE: Gojek users here will have access to a larger pool of vehicles when booking a ride, as the Indonesian ride-hailing firm announced a partnership with taxi operator Trans-Cab. The deal was announced at an event marking the first…
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Thailand committed to digital innovation and transformation
With global economic development in a deep adjustment phase, the digital economy is now the centre of competition in the whole industry. As the second-largest economy in ASEAN and South East Asia, Thailand is making active efforts to…
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Fintech startup Halofina secures pre-Series A funding led by Mandiri Capital Indonesia
Indonesian financial management startup Halofina announces that it has raised an undisclosed amount of pre-Series A funding round led by Mandiri Capital Indonesia, backed by Finch Capital, DealStreetAsia has learned. The company said that…
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China Mobile launched first ever global shared service center in Cyberjaya
KUALA LUMPUR: China’s telecommunication giant China Mobile, through its overseas subsidiary China Mobile International (CMI), has officially launched the group’s first ever global shared service senter (SSC) in Cyberjaya marking a new…
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