Turning Singapore’s spillover into Malaysia’s hybrid, multi, and edge cloud ecosystem advantage

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Opportunity to capitalise on Singapore’s moratorium on data centre construction
Innovation, collaboration, and govt support needed for Malaysia to grow data centre sector

Growth in Malaysia’s data centre and cloud ecosystems is influenced by factors such as internet behaviour, application ecosystems, and energy generation, as discussed by industry representatives at the 2nd Datacentre & Cloud…Continue Reading

Those Relocating to Singapore Can Open An Account Remotely Via The OCBC Digital App

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For individuals from Malaysia, Indonesia, China, and Hong Kong
First Singapore bank to enable digital account opening for foreigners

OCBC has launched a fully digital account opening service for consumers in its key markets relocating to Singapore. Individuals from Malaysia, Indonesia, mainland China and Hong Kong SAR can remotely open Singapore dollar and…Continue Reading

Okta Appoints Stephanie Barnett as VP of Presales for Asia Pacific & Japan

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She will be based in Singapore
She has 15 years of experience in the tech industry

Okta, an independent identity provider, today announced that it had appointed tech industry executive Stephanie Barnett (pic) as its Vice President of Presales for the Asia-Pacific & Japan (APJ) region.
Ben Goodman, Okta’s Senior Vice President and General Manager…Continue Reading

Forrester Forcasts APAC Tech Spend Will Remain Robust And Grow By 5.8% In 2023

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74% of growth will come from software and services
APAC’s digital growth is witnessing the rise of digital nationalism

According to Forrester’s Asia Pacific Tech Market Forecast, 2022 To 2027, technology spending in Asia Pacific (APAC) will grow 5.8% to reach US$732 billion in 2023.
Forrester is a research and advisory company that offers…Continue Reading

RHB recognises top fintech innovators at inaugural RHB Xcelerator demo day

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Startups received 8 weeks of mentorship, consultations from RHB Group units
Program mentored startups in micro banking, customer experience & insurance 

RHB Banking Group announced the graduation of seven growth-stage startups from its inaugural RHB Xcelerator programme.
In a statement by 1337 Ventures, RHB’s partner for RHB Xcelerator, the firm said the accelerator programme…Continue Reading

Google Cloud appoints Mark Micallef to lead Southeast Asia business and advance regional AI momentum

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Will report to Karan Bajwa, VP, Asia Pacific 
Tasked to drive regional strategy, direction & overall revenue performance

Google Cloud announced the appointment of Mark Micallef as managing director of its business in Southeast Asia. 
In his new capacity, Micallef will be responsible for driving regional strategy, direction, team development, and overall revenue performance…Continue Reading

CARSOME raises undisclosed funding round, emphasises its US0mil liquidity position

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Mostly existing investors with new investor, EvolutionX Debt, a SG based debt fund
Claims independent biz units have hit profitability with over 30% revenue growth

CARSOME Group announced the closing of its latest fundraising round yesterday, without disclosing the amount raised, but shared that the funding has brought its current liquidity to approximately US$200 million (RM927.9 million).
Highlighting its liquidity position is a response…Continue Reading

MITI and the United Nations launch Malaysia SDG Investor Map

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15 Investment Opportunity Areas identified, with information on indicative returns
Serves as market intelligence for investors seeking SDG-aligned opportunities

The Ministry of Investment, Trade and Industry (MITI) and the United Nations (UN) in Malaysia has launched an online market intelligence tool called the Malaysia SDG Investor Map to help private investors find investment…Continue Reading