Share in Genting plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit (US$306 million) through a renounceable rights issue. The stock fell as much as 17 per cent to 1.56 ringgit, the biggest decline since 1998. The issue price would be fixed at a discount ranging between 25 and 30 per cent, Genting said in a bourse filing on Friday, adding that proceeds raised would be used to repay its...

Artificial intelligence is increasingly moving from an experimental technology to an operational tool for small and medium-sized enterprises across Southeast Asia. Yet the more important question is not whether SMEs will use AI, but where AI can create measurable business value without adding disproportionate complexity, cost, or risk. This distinction matters because Southeast Asia’s SME […] The post Beyond automation: How AI is reshaping the SME landscape in Southeast Asia appeared first on e27.

Bitcoin climbed 0.87 per cent to US$83,666.22. The move looked calm on the surface. The underlying mechanics told a different story. A derivatives-led short squeeze drove the advance. No clear coin-specific catalyst appeared in the data. No clear macro catalyst appeared either. The rally came from a mechanical clearing of leverage. It did not […] The post Below US$82,620 Bitcoin could test US$81,154 next appeared first on e27.

AirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline, according to three people with knowledge of the matter. The talks reflect growing government concerns about the financial health of the country’s largest domestic carrier following a spike in jet fuel prices, the people said. Discussions centred on the prospect of the government backing AirAsia’s fundraising...

The average smartphone user opens around ten apps a day and about 34 in a month, according to Sensor Tower’s State of Mobile 2026. Global app downloads grew 0.8 per cent last year. The home screen is not an open market. It is a short list that changes slowly, and every new consumer app is […] The post Don’t build another app. Build inside the ones people already open appeared first on e27.

Indonesian authorities and conservation workers have successfully moved eight ⁠orangutans to a safe ⁠location after the endangered ⁠primates’ homes were destroyed by wildfires in the forests of Borneo. The Southeast Asian nation is battling its most intense wildfires in 11 years, mainly on Sumatra and Borneo islands, and the ‌government has warned the blazes could continue until November, aggravated by the El Nino weather pattern. Three mother-child pairs and two adolescent male orangutans were...

Open a deeptech company’s use-of-proceeds slide and one number often sits at the top: the size of the next round. Underneath, however, the money may be doing very different jobs—funding an unproven product, buying equipment, carrying inventory, financing receivables or supporting a new deployment. For fundraising, grouping them together is convenient. For deciding what kind […] The post Your deeptech company does not have one capital problem appeared first on e27.

Southeast Asia’s retail sector is racing to embed AI into every layer of the customer journey and nowhere is that race more visible than in Singapore. The government announced a 400 per cent tax deduction on AI expenditure to help small and medium-sized retailers adopt the technology, a clear signal that AI is no longer […] The post Why SEA’s retailers need to protect AI-powered customer experience with observability  appeared first on e27.

On a recent Friday night in a Bangkok dive bar, a group of young Myanmar exiles sang softly along to a mournful ballad played on an acoustic guitar. None among the crowd had any plans to leave, either for their homeland or home for bed. They fled war, a broken economy and forced conscription into a military that seized power in the 2021 coup. While their future in Thailand is uncertain, their ties to home are kept alive by the hard currency they send back each month to parents and siblings left...