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…
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…
Thailand’s RISE and Israel’s OurCrowd launch $50M deep tech fund
OurCrowd, an Israel-based digital investment platform, and RISE, a Thailand-based corporate innovation powerhouse, have on Tuesday announced the launch of the $50 million Rise…
Singapore’s BeeX raises $2M in funding led by Earth Venture Capital, ShipsFocus Ventures
BeeX, a Singapore-based firm in providing autonomous robotics solutions to safeguard underwater infrastructures, has recently closed its $2 million bridge round with…
HSBC partners Antler to support the growth of the next generation of entrepreneurs and startups in Singapore
HSBC Singapore has on Wednesday announced at a partnership with Antler, an active early-stage venture capital (VC) firm, to facilitate the growth of Southeast Asian innovation…
Sea Limited posts unexpected net loss of $144M in third quarter despite revenue rises
Singapore-based tech conglomerate Sea Limited has posted a total net loss of $144 million in the third quarter, as compared to total net loss of $569.3 million for the third…
Unlocking the industrial metaverse: A blueprint for success
Most #metaverse conversations are predominantly consumer-focused and for a good reason. There has been significant buzz around brands and celebrities hosting experiences such as…
Singapore cryptocurrency exchange firm Crypto.com gets Dubai license
Singapore cryptocurrency exchange firm Crypto.com announced Tuesday that its Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP)…
Grab Holdings President Ming Maa to step down April-end next year
Southeast Asia's superapp Grab Holdings announced Tuesday that its President Ming Maa has decided to step down from the company at the end of April 2024. In the interim until…
Singapore’s Augmentus raises $5M in Series A funding led by Sierra Ventures
Augmentus, a Singapore-based firm in no-code robotics software, has successfully raised $5 million in Series-A funding. The round was led by Sierra Ventures, along with Cocoon…
Malaysia’s Iskandar Investment Berhad launches Net Zero Carbon Central Business District
Malaysia-based Iskandar Investment Berhad (IIB) has cemented its commitment to environmental, social, and corporate governance (ESG) initiatives with the launch of Net Zero Carbon…
