Oracle opens second cloud region in Singapore to meet growing cloud services demand

American technology firm Oracle has on Tuesday announced its plans to open a second cloud region in Singapore to meet the rapidly growing demand for its cloud services in South…

Swiss fund manager SUSI Partners invests in solar developer Asia Clean Capital Vietnam

Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has agreed to invest in Asia Clean Capital Vietnam (ACCV), a developer and operator of rooftop…

Malaysia’s Soft Space raises $31.5M Series B1 funding led by Southern Capital Group

Soft Space Sdn. Bhd., a Malaysia-based financial technology (Fintech) player, has on Thursday announced it has raised $31.5 million in its latest funding round. Southern Capital…

Singapore’s agritech firm Archisen eyes expansion to cities in APAC & Middle East while expanding capacity at home market [Q&A]

In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100…

Malaysia, China explore blockchain technology for PCO to facilitate Malaysia’s exports to China

Malaysia and China are exploring blockchain technology for preferential certificate of origin (PCO) to better facilitate Malaysia's exports to China.

Malaysian healthtech startup Qmed Asia raises $1.16M in equity crowdfunding for regional expansion

Malaysian health-tech startup Qmed Asia has successfully raised MYR5.1 million ($1.16 million) through an equity crowdfunding (ECF) campaign on Leet Capital for regional…

Funding Societies partners Food Market Hub, Supply Bunny to launch financing program for F&B in Malaysia

Funding Societies, the Singapore-based small and medium enterprise (SME) digital financing platform, has partnered with Food Market Hub and Supply Bunny, two solution providers…

Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates

The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.

Glints & MHV report finds increased demand for revenue-generating roles for SEA startups in 2023

Startups will look to invest in more revenue-generating roles such as sales, business development, and marketing and public relations (PR) in 2023 as companies refocus on the path…

Canada’s ChopValue raises $7.7M growth funding to scale its circular global Microfactory network

ChopValue, a Canada-based company that creates sustainable products from recycled materials, has on Tuesday closed a $7.7 million funding round to expand its decentralized…

India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group

Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through…

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Before jumping on the AI wave, remember these few things

In the face of new technologies, founders need to go back to the essentials of entrepreneurship and first ask themselves what pain points they can solve and in which industries.…

Singapore’s Dozer raises $3M funding led by Sequoia Capital India and Southeast Asia’s Surge

Dozer, a Singapore-based open-source data infrastructure platform, has on Tuesday announced $3 million in seed funding. Led by Sequoia Capital India and Southeast Asia’s Surge,…

Malaysia’s Proton plans for comprehensive new energy vehicle solutions

Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku…