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…
July 28, 2023
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…
July 28, 2023
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…
July 28, 2023
NewsAsiaSingaporeTelecommunications
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…
July 28, 2023
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…
July 28, 2023
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…
July 28, 2023
NewsThailandFoodTechSingaporeBiotech / MedTech
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…
July 28, 2023
NewsMalaysiaBlockchain / CryptoPhilippines
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…
July 28, 2023
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…
July 28, 2023
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…
July 27, 2023
NewsInvestmentsDigital TransformationMalaysiaSustainability
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…
July 27, 2023
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…
July 27, 2023
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…
July 27, 2023
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…
July 27, 2023
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