73 percent of consumers globally say they trust content created by generative AI, says study

A new study from the Capgemini Research Institute finds that consumers trust generative artificial intelligence (AI) to assist with financial planning, medical diagnosis, and…

HSBC, GOBI Partners join hands to support innovative businesses between Hong Kong and ASEAN

Gobi Partners, a pan-Asian venture capital firm, and The Hongkong and Shanghai Banking Corporation (HSBC) have on Friday signed a Memorandum of Understanding (MOU) to deepen their…

United Kingdom and Singapore enhance cooperation in sustainable finance, FinTech

United Kingdom and Singapore have agreed to enhance cooperation in sustainable finance and FinTech. They have agreed to contribute to efforts to develop global regulatory…

SK Telecom, Deutsche Telekom, e& and Singtel form Global Telco AI alliance

Telecommunication firms - South Korea-based SK Telecom, Germany-based Deutsche Telekom, Abu Dhabi-based e& and Singapore-based Singtel - have on Thursday announced that they…

Hong Kong’s Immuno Cure completes $12M first close of Series A financing led by Gobi Partners

Hong Kong-based biotech firm Immuno Cure BioTech (Immuno Cure) announced Thursday that it has closed the $12 million tranche in the $27 million Series A fundraising round. Led by…

Animoca Brands to invest $30M in Hong Kong Web3 financial app hi

Hi, the Hong Kong-based Web3 financial app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by…

500 Global-backed Thai food biotech firm IncreBio to launch products in Singapore by year-end

The company has raised over $2 million from 500 Global, TOP Ventures (CVC-arm of Thai Oil PLC) and angel investors—from a group of former executives of Coca-Cola, PepsiCo and…

Malaysia’s MYEG seals deal to deploy blockchain-based customs clearance between the Philippines and China

Malaysian digital services company MY E.G. Services Berhad (MYEG) has entered into a collaboration and secured regulatory approval to deploy its blockchain-based customs clearance…

Haymarket HQ launches Southeast Asia Tech Immersion Mission to support Australian firms to explore opportunities in SEA

Haymarket HQ, an Australia-based go-to-market accelerator, has on Thursday announced the launch of the Southeast Asia Tech Immersion Mission, which is funded by Investment NSW, to…

UEM partners local, foreign investors to develop hybrid solar photovoltaic power plant in Malaysia

UEM Group Berhad, the wholly-owned subsidiary of Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and…

Malaysia government, GLICs to invest $211M to support startups, technopreneurs

Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to…

Cainiao launches first warehouse in Jakarta as part of regional cHub expansion plan

Cainiao Group, the logistics arm of Chinese conglomerate Alibaba Group Holding Limited, has on Thursday announced the launch of its first warehouse, Cainiao Cikarang Logistics…

Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief…

Singaporean government partners Google Cloud to launch AI Trailblazers to accelerate generative AI development

Singaporean government has partnered Google Cloud to launch “AI Trailblazers", which is designed to help organizations in Singapore identify real-world challenges that can be…