India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital

Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on…

Tracxn : SEA FinTech startups see 13 percent decline in funding in first quarter amid slowdown in economic activity

The Southeast Asia (SEA) finTech sector secured funding worth $530 million in the first quarter of 2024, a 13 percent lower than the $607 million raised in the corresponding…

Malaysia’s Sunway inks TVET agreement with Ministry of Youth and Sports

Malaysia-based conglomerate Sunway and the National Youth Advance Skills Training Institute (IKTBN) in Dusun Tua, a public vocational school under the Ministry of Youth and Sports…

Analysts see renewable energy export a new growth driver for Malaysia

Analysts view the Malaysian government's move to set up an energy exchange platform to facilitate cross-border trading of renewable energy positively as it will boost the…

APAC is the blueprint for regulating the blockchain space

When it comes to enhancing digital sovereignty and #privacy, vital in an era of increased data exploitation and breaches, blockchain solutions are empowering individuals with…

Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report

Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and…

tuxedo cat in brown cardboard box

The rise of the on-demand economy: Implications for the future of logistics

The #OnDemand seсtor shows no signs of slowing down. But while ultra-fast #delivery oрens new revenue streams, it also strains #logistiсs networks built for slower suррly сhains.…

Malaysia sets up energy exchange for cross-border green electricity sales

In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has…

Study: SEA’s 13 decarbonization investment ideas present $150B green economy market opportunities

Bain & Company, GenZero, Standard Chartered and Temasek have in their recent report highlighted top 13 decarbonization investment ideas in Southeast East Asia which present…

Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane

Teleport, a Malaysia-based integrated logistics solutions provider, announced Monday that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho…

BII partners FMO to offer $50M financing facility to support commercial and industrial renewables sector in South-East Asia

British International Investment (BII), the United Kingdom's development finance institution and impact investor, and FMO, the Dutch entrepreneurial development bank, have on…

Bandar Utama City Centre appoints Solarvest to install solar panels on mall

Malaysia-based Bandar Utama City Centre Sdn Bhd (BUCCSB), the operator of 1 Utama Shopping Centre (1 Utama), has appointed Solarvest Energy Sdn Bhd, a wholly-owned subsidiary of…

Analysts foresee electric vehicle growth potential in Malaysia

Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000…

How IoT for smart city development is a perfect combination

In the concern of technological advancement, IoT or the Internet of Things has given and received a major boost. This refers to the many digital devices that are currently moving…