China’s CATL in talks to raise $1.5B supply chain fund – report

A key supplier to Tesla, CATL maintains a clear lead in the global battery market with a 37.5 percent share.

Jay-Z Invests $5M in Hong Kong luxury watch retailer Wristcheck

Since its founding in 2020, the watch company has garnered about $13.6 million from backers such as Alibaba Entrepreneurs Fund, Gobi Partners GBA, and K3 Venture

ZTrade expands service to enable two-way cross-border digitized trade documentation

ZTrade, a Web 3 platform operated on MY E.G. Services Bhd (MYEG)'s blockchain platform Zetrix that facilitates the cross-border trading of goods with China, is expanding its scope…

VPBank and IFC collaborate to provide $150M funding to Vietnamese coffee enterprises

Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and the International Finance Corporation (IFC) have recently collaborated to provide $150 million supply chain financing…

Singapore-based blockchain exchange Net Zero-X launches to tackle financing gap for climate projects

Net Zero-X, a Singapore-based blockchain exchange for impact investors, launches on Tuesday to tackle the significant financing gap impeding the global transition to a net zero…

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Leveraging technology for better engagement: Strategies for implementing employee benefits

Managing benefits administration can be a challenge for any business, but technology-driven employee benefits solutions can make this process easier. By leveraging innovative…

Prenetics partners with David Beckham for new health brand

Prenetics, a United States-listed health sciences company, has announced that former international footballer, entrepreneur and philanthropist David Beckham has become a strategic…

China’s HongShan sets up $2.5B startup fund – report

The report also said it is the largest fundraising by a privately-owned VC firm in China in the past year, marking the ongoing influence commanded by its founder Neil Shen, often…

Report: 84% of Singapore travel companies see fragile margins due to inefficient payment systems

66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in ten expected to prioritize modernizing their…

Report: generative AI is set to be adopted by 85% of the software workforce over the next two years

Generative artificial intelligence AI (Gen AI) is expected to play a key role in augmenting the software workforce, assisting in more than 25 percent of software design,…

Report: Southeast Asia’s retailers bet big on social commerce despite economic climate

Southeast Asian retailers are placing big bets on social media as 68 percent plan to increase investment in social commerce over the next 12 months, Shopify Inc said Thursday.

Securities Commission Malaysia’s FIKRA ACE seeks FinTech startups to enhance Islamic capital market

The Securities Commission Malaysia (SC) is seeking FinTech startups to enhance Islamic capital market via the second cohort of its FIKRA ACE accelerator program, part of the FIKRA…

Malaysia’s Sime Darby Property and TNB’s GSPARX join forces to undertake rooftop solar projects

Malaysian property developer Sime Darby Property and utility firm Tenaga Nasional Berhad (TNB)’s solar solution provider subsidiary GSPARX have joined forces to undertake rooftop…

Filipino startup Packworks secures $60,000 government funding to develop AI-powered precision marketing tool for ‘sari-sari’ stores

Filipino startup Packworks has secured PHP3.5 million ($60,000) from Philippine government to launch $85,000 artificial intelligence (AI)-powered precision marketing tool for…

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