Southeast Asia stories - Page 26

Tech spending in APAC is set to rise by 6.4%, totalling USD $710 billion in 2024, driven by AI and cloud tech. Key players like China, India, and Australia are leading this growth.

Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.

Milieu Insight and FemTech Association Asia's latest report reveals femtech adoption by 60% of consumers in Southeast Asia, spotlighting strong growth and interest.

A Barracuda Networks report reveals significant shifts in Singapore's MSP sector, with rising AI use and cloud marketplaces amid concerns over AI competence.

Hydrogen fuel cells, seen as the future of zero-emission power, come with significant CO2 reduction potential. Kohler invests in its sustainable adoption.

Mobile Industrial Robots partners with Sonic Automation in Thailand to address workforce shortages with AI-powered autonomous mobile robots, aiming to boost productivity.

Princeton Digital Group secures USD $95 million Green Loan for its SG1 data centre in Singapore, marking its second green financing in 2024 and boosting its regional sustainability efforts.

Sophos has uncovered a two-year Chinese espionage campaign, 'Crimson Palace', targeting a high-level Southeast Asian government, deploying novel malware like PocoProxy.

Yondr Group has secured a US$150 million loan from the International Finance Corporation for the first phase of its hyperscale data centre in Malaysia.

Freelancer appoints Catcha Group CEO Patrick Grove as Non-Executive Director to its Board, aiming to leverage his tech sector expertise to drive growth.

StackAdapt appoints Deirdre Chew as Director of Sales for Southeast Asia, bolstering its market expansion with her wealth of experience and strategic acumen.

Forrester's new report predicts global online retail sales will soar from USD $4.4 trillion in 2023 to USD $6.8 trillion by 2028, with key disparities between regions.

Currencycloud and Pyvio are partnering to enhance cross-border payment solutions for Chinese eCommerce businesses, aiming to simplify transactions in emerging markets.

Kaspersky reported a sharp rise in web threats facing Southeast Asian businesses in 2023, with over 13 million incidents, highlighting critical vulnerabilities and the need for stronger cybersecurity measures.

Equinix boosts Malaysia's digital economy with new data centres in Johor and Kuala Lumpur, providing access to a global ecosystem and supporting the country's digital hub ambitions.

Zitcha has named Josh Forsyth as APAC sales lead to drive its growth in Australia, New Zealand, and Asia, leveraging the retail media market's burgeoning potential.

Financial strategies firm, Kyriba, is empowering CFOs and IT leaders in the APAC region with its AI-powered risk management solutions,.

Paymentology and Audax join forces to deliver an innovative Cards-as-a-Service solution, simplifying and speeding up card programme launches for banks and FIs in Southeast Asia and the Middle East.

DE-CIX has inaugurated its Jakarta facility, promising a robust digital ecosystem and seamless cloud services for Southeast Asia's growing market.

Westcon-Comstor has teamed up with Zscaler to become the first distributor authorised to deliver Zscaler's cloud security services across Southeast Asia, enhancing regional security standards.