Indonesia cuts VAT on electric vehicles drastically to 1% – report
The incentive came into effect this month and will remain in place until the end of the year, the Coordinating Ministry of Maritime and Investment Affairs said in a statement.
Singapore’s Alchemy Pay secures $10M funding from DWF Labs to expand to South Korea
In order to facilitate its expansion into the Korean market, Singapore's payment solutions provider Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent…
Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia
Swedish telecommunications company Ericsson and American technology company Intel have signed a memorandum of understanding (MoU) to collaborate on the development of 5G use cases…
Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says
Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in…
Hong Kong Web3 Festival 2023 to take place on April 12-15
Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organized by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.
Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia
Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the…
Malaysia’s MN Holdings partners China’s DC-Science to set up high performance data center in Malaysia
Malaysian underground utilities and substation engineering specialist MN Holdings Berhad is partnering China’s Shanghai DC-Science Co Ltd to develop its first high performance…
Indonesia’s Fresh Factory raises $4.15M in pre-Series A funding led by SBI Ven Capital
Fresh Factory, an Indonesia-based integrated cold chain fulfilment and enabler startup, has on Monday announced it has raised $4.15 million in pre-Series A funding. The round was…
Singapore’s Venti Technologies raises $28.8M Series A funding led by LG Technology Ventures
Venti Technologies, a Singapore-based firm in autonomous logistics for global supply chain and industrial hubs, has announced that it has secured $28.8 million in a Series A…
Singapore’s True Global Ventures invests over $24M in French crypto firm Ledger
Singapore-based technology equity Venture Capital firm True Global Ventures (TGV) has invested over $24 million into Ledger, the France-based platform for digital assets and Web3.…
Switzerland venture capital firm Tenity to expand investment in fintech and insurtech in Europe and Asia
Tenity (formerly F10), the Switzerland-based innovation ecosystem, and early-stage investor creating the future of finance, has on Thursday announced the first closing of its…
NEC, Animoca Brands, Gryfyn team up for Web3 space collaboration
With the aim of creating and expanding the digital wallet market in the Web3 area, Japanese technology firm Nippon Electric Company, Limited, (NEC) has entered a memorandum of…
Singapore’s Horizon Quantum Computing raises $18.1M Series A funding from Sequoia Capital India, Tencent and others
Horizon Quantum Computing, a Singapore-based company building software development tools to unlock the potential of quantum computing hardware, announced Friday that it has raised…
Malaysia, Singapore announces cross-border QR code payment linkage
This cross-border QR code payment linkage is made possible through the strong collaboration of various industry players from both countries, including Payments Network Malaysia…
