Grab to breakeven earlier than expectation after recording narrowed losses
Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab expects its revenue to come in between $2.20…
Malaysia government in talks with Proton, Perodua to expedite production of national EVs – report
Fitch Solutions has anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives…
Crypto industry outlook for 2023: Perspectives from Metalpha CEO Adrian Wang [Q&A]
In a TechNode Global Q&A, Adrian Wang, Founder and Chief Executive Officer of Metalpha Limited, shared his insights on the challenges and trends the crypto industry encountered…
Southeast Asia & South Asia see 83% drop in fintech startups; investors opt for risk-averse strategies
The countries of South and Southeast Asia saw a year on year decline of 83 percent in new fintechs in 2022, with only 349 startups emerging in the region, says Robocash Group.
Two members of VinFuture Prize Council and Pre-screening Committee elected to the US National Academy of Engineering
Professor Thuc-Quyen Nguyen, co-chair of the VinFuture Prize Pre-screening Committee, and Dr. Xuedong Huang, a member of the VinFuture Prize Council, have recently been elected to…
100 Soonicorns selects 24 Founders for its first 2 cohort
ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana Kapital) and Malaysia Digital…
Singapore’s Willowmore secures Series A+ funding from SEEDS Capital, Oriza Greenwillow Technology Fund
Willowmore Pte Ltd, a Singapore-based smart access, internet of things (IoT) and analytics technology company, has on Thursday announced the successful completion of its Series A+…
GetGo raises $15M investment from Treïs to accelerate shared and sustainable mobility
GetGo Technologies (GetGo), a Singapore-based carsharing platform, has on Thursday announced a SGD20 million ($14.98 million) investment from Treïs, a family-backed investment…
3 Ways to better manage and protect data in a hybrid data center
Deploying and supporting hybrid data centers presents several management challenges. While they enable companies to store and shift workloads as needed more efficiently and gain…
AIA Singapore partners WhiteCoat to launch digital mental health solution
AIA Singapore (AIA), the leading life insurer in employee benefits, and WhiteCoat Holdings Pte. Ltd. (WhiteCoat), Southeast Asia's leading digital health company, have partnered…
SFC consults on proposals to regulate virtual asset trading platforms
The Securities and Futures Commission (SFC) has on Monday launched a consultation on the proposed requirements for operators of virtual asset trading platforms. Under a new…
CapitaLand Investment establishes China Data Centre Development Fund with $750M investments
Singaporean investment firm CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP). CDCP has…
Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners
Bintang Capital Partners Berhad (Bintang) has announced its second investment under its maiden fund, BCP Asia Fund I L.P., into Involve Asia Technologies Sdn. Bhd. The $10 million…
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments…
