2019: Tech investment slumps 36% in Southeast Asia
Tech investment in 2019 in Southeast Asia stood at $7.7 bn...
Category : Technology
Drone specialist Aerodyne receives funding to expand in SE Asia
The Malaysia based company raises funds from North Summit Capital, Arc Ventures and Leave a Nest...
ZTE and MTN Uganda unveil the first 5G standalone network in East Africa
The Chinese multinational telecom equipment giant has emerged as a vital provider of end-to-end services in the ICT sector...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
Standard Chartered invests in Singapore blockchain platform Contour
Contour aims at digitalising the letter of credit process...
SoftBank-backed CloudMinds slashes jobs over failed IPO
The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley...
Dubai blockchain market to reach Dh437 mn in 5 years
The growth rate of Dubai’s blockchain market in 2018 was higher than the global average of 19%...
The UK might allow Huawei to play a minimal role in its 5G network
Huawei will not be involved in the core aspects of the country’s 5G network over security concerns...
Singapore to digitalise trade, to collaborate with multiple MNCs
The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...