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Ransomware and phishing attacks continue to plague businesses in Southeast Asia

More than 80% of phishing sites attempted to pass off as organizations from the banking and financial services sector, according to the Singapore Cyber Landscape 2022 report, released Friday by Singapore's Cyber Security Agency (CSA). The vertical was the most spoofed, alongside the government and logistics sectors, since financial organizations are trusted institutions that hold sensitive and valuable data, such as login credentials. June and September, in particular, saw the highest number of phishing attempts in the

Southeast Asia-focused Go-Ventures closes $240M second fund, rebrands as Argor Capital 

Go-Ventures, backed by Indonesia’s GoTo, announced Tuesday it has raised the second fund at $240 million and rebranded as Argor Capital “to reinforce the investment firm’s independence and expanded capabilities to drive growth” for its portfolios.  Argor Capital started in 2018 with GoTo backing to invest in startups in Southeast Asia. Though GoTo will remain one of the investors in Argor’s latest fund, Argor’s investment decisions will continue to be independent of GoTo and other limited…

TikTok to Invest billions of dollars in Southeast Asia, Says CEO

Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few years, its CEO Shou Zi Chew said on Thursday.Chew said at an event held in Indonesia that TikTok's content is becoming more diversified as it adds more users and expands into e-commerce. TikTok is owned by China's ByteDance.Southeast Asia is one of TikTok's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into a major e-commerce revenue source as it…

A rare glimpse of our first ancestors in mainland Southeast Asia

Looking back at the entrance of Tam Pà Ling cave from the cave floor. The excavation pit is to the left of this location. Credit: Copyright Kira Westaway (Macquarie University) What connects a fossil found in a cave in northern Laos with stone tools made in north Australia? The answer is, we do. When our early Homo sapiens ancestors first arrived in Southeast Asia on their way from Africa to Australia, they left evidence of…

India SaaS adopts ‘Act East policy’ as firms find huge potential in Southeast Asia

The report also predicts that Indian SaaS companies will collectively reach $35 billion in Annual Recurring Revenue (ARR) and capture 8% of the global SaaS market in the next five years.  As SaaS firms increasingly find the product market fit with customers in India, the industry is now looking at the neighbouring regions particularly Southeast Asia for further scale-up. The size of the SaaS market in Southeast Asia is projected to be $3.4 billion in 2027, with a Compound Annual…

Financial tools needed to pay $200 billion nature restoration in Southeast Asia

The investment gap—and opportunity—for nature investing in Asia Pacific (author's own calculation, based on Deutz et al. (2020), UNEP (2022) and Temasek (2021). Credit: Nature Investment as a Response to the Climate Crisis: Opportunities in Southeast Asia (2023) Well-structured capital market instruments such as sustainability-linked bonds (SLBs) can help scale up investments in nature restoration projects.…

Coral chemistry reflects Southeast Asia’s economic expansion

A scientist drills into a massive Porites coral off the coast of Taiwan. The meter-long coral core recorded more than 2 decades of erosion during the region’s economic development. Credit: Yi Liu Economic expansion leaves indelible marks on coral chemistry, according to a new study published in the Journal of Geophysical Research: Oceans. By analyzing barium levels in coral cores, scientists can access decades-old records of…

Southeast Asia’s largest onshore wind farm just broke ground

Monsoon Wind, Southeast Asia’s largest onshore wind farm, is Laos’ first wind project, and it’s also the region’s first cross-border wind power plant. The 600-megawatt (MW) Monsoon Wind, which is owned by Thailand-based Impact Energy Asia Development, has just kicked off construction. The site is in southeastern Laos, in the Sekong and Attapeu provinces, at an elevation of 1,200-1,600 meters (3,937-5,249 feet) above sea level. The 133-wind turbine wind farm will sell its power to…

Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps

China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions. China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Study Finds Shockingly Fast Sea Level Rise Around U.S. Southeast and Gulf Coast

Sea level rise is transforming the U.S. coastline across the country, but researchers have noticed that the rate of sea level rise has increased faster in the last decade around the Gulf and Southeastern coasts. Lower Drought Conditions In California | Extreme EarthIn a new study published in Nature Communications, researchers from Tulane University found rates of sea level rise of about 10 mm (0.4 inches ) per year around Gulf states and the Southeast since 2010. Theycompared a combination of field and satellite