Malaysia Science Ministry to present full framework for AI code of ethics in 1Q 2024 – report

Minister Chang Lih Kang said the presentation aimed at detailing the guidelines and regulations that stakeholders in all sectors need to adhere to.

Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes

Bank Negara Malaysia (BNM) and the World Bank have announced two key initiatives to enable the financial sector to support nature-positive outcomes. The two initiatives are…

Singapore skyline SGX SPAC

ACP, IFC, MAS and Temasek establish green investments partnership in Asia

Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green…

Alibaba Cloud open-sources more LLMs with diverse sizes and multimodal features

Alibaba Cloud has open-sourced two large language models (LLM), Qwen-72B and Qwen-1.8B, the 72-billion-parameter and 1.8-billion-parameter versions of its proprietary foundation…

Malaysian agritech startup Qarbotech lands $700,000 seed funding

Qarbotech, a Malaysia-based agritech startup, announced Monday that it has raised $700,000 in seed funding and grants. The round was led by multi-stage venture capital firm, 500…

MAS launches world’s first multi-sector transition taxonomy

The Monetary Authority of Singapore (MAS) has on Monday launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds…

Indonesian construction technology company Gravel raises $14M from prominent investors

Gravel, the Indonesia-based construction technology company, has raised $14 million to date from investors. The investors include New Enterprise Associates (NEA); Weili Dai,…

Singapore’s Igloo closes $36M Pre-Series C fundraise with 50 percent valuation increase

Singapore-based insurtech Igloo has on Monday announced that it has closed a $36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund…

Axiata concludes sale of Ncell, exits Nepal

Malaysian multinational telecommunications conglomerate Axiata Group Berhad has announced that it had entered into an unconditional sale and purchase agreement with Spectrlite UK…

Gogoro launches smartscooters and battery swapping in the Philippines

Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has announced the commercial launch and…