HashKey Exchange insured by OneInfinity by OneDegree for digital wallet coverage

HashKey Exchange, Hong Kong’s licensed virtual asset exchange, has officially closed the deal with OneInfinity by OneDegree, a licensed insurer for digital assets in Asia.…

HSBC-backed Bizbaz announces strategic partnership with RCBC Bank

Singapore-based credit scoring and risk models assessment solution Bizbaz has announced a strategic partnership with Philippine retail bank Rizal Commercial Banking Corporation…

Cisco: only 14 percent of global organizations are fully prepared to deploy and leverage AI

A mere 14 percent of organizations globally are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’ inaugural AI Readiness…

UAE mobility and logistics startup Wize raises $16 million in pre-Seed round

Wize, a Dubai-based startup providing sustainable solutions for last-mile delivery, has raised $16 million in a pre-Seed funding round co-led by Mena-focused angel investors. The…

Singapore’s StraitsX gets approval to issue single-currency pegged stablecoins

Singapore-based digital asset platform StraitsX has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) as major oayment institutions licensed for…

Indonesia’s VC deal value expected to decline 70-80% in 2023, says report

Despite a degree of cautious optimism, Indonesia's venture capital deal value is expected to decline 70 percent to 80 percent in 2023, according to a report revealed by…

Antler strengthens team with key hires to drive strategic investments in Southeast Asia

Antler, a Singapore-based global early-stage venture capital firm, has announced a trio of significant appointments - Shao-Ning Huang and Lorenzo Peracchione as Venture Partners,…

MAS partners industry to develop generative AI risk framework for the financial sector

The Monetary Authority of Singapore (MAS) has on Wednesday announced the successful conclusion of phase one of Project MindForge1 which seeks to develop a risk framework for the…

MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era

MY E.G. Services Berhad (MYEG), a e-government service provider in Malaysia, has partnered with non-profit organization Yayasan Chow Kit (YCK) to foster digital inclusivity for…

US silicon battery company Enovix builds $1.2B high-volume manufacturing facility in Malaysia

Enovix Corporation, an advanced silicon battery company, will invest MYR 5.8 billion ($1.23 billion) to establish its first high-volume manufacturing facility (Fab2) in Malaysia.…

Malaysian government and Google announce strategic collaboration

The government of Malaysia and global tech giant Google have on Thursday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and…

Singapore skyline SGX SPAC

MAS partners financial industry to expand asset tokenization initiatives

The Monetary Authority of Singapore (MAS) has on Wednesday announced that it is working with the financial industry to expand asset tokenization initiatives and develop…

Ant Group Digital Technologies says its international business operation increases 300% in the past year

Ant Group Digital Technologies announced that its revenue from its international business operation has increased by 300 percent in the past year, with key markets including…

Asahi Kasei, Gentari, and JGC team up for green hydrogen production in Malaysia

Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Petronas’ clean energy arm Gentari Sdn Bhd (Gentari), Japanese chemical firm Asahi Kasei and engineering firm JGC Holdings…