Samsung Ventures invests in wearables sleep tech firm Earable Neuroscience
The United States and Vietnam-based wearables sleep tech firm Earable Neuroscience has announced the completion of the investment process in its bridge round by Samsung Ventures…
Monetary Authority of Singapore proposes standards for digital money
The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central…
Indonesia’s Slice closes $645,000 seed round led by Intudo Ventures and Arise
Slice Group, an Indonesian developer of creator management tools for the creator economy, has on Wednesday announced the completion of a $645,000 seed round of financing led by…
MYStartup partners Maxis, Petronas, Cyberview and airasia academy to support Malaysian startups
MYStartup, an initiative by the Ministry of Science of Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), has partnered with Malaysian firms Maxis, Petroliam…
GoTo-backed Go-Ventures rebrands as Argor; raises $240M
GoTo-backed investment firm Go-Ventures has rebranded as Argor Capital Management Pte. Ltd. (Argor) and closed its second flagship venture fund at $240 million.
Funding Societies introduces Shariah-compliant Guaranteed Islamic Investment Note in Malaysia
Following the launch of its comprehensive Islamic financing solutions recently, Funding Societies, the Singapore-based unified small and medium sized enterprise (SME) digital…
Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO
Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.
Without secured remote connectivity, most enterprises aren’t fully ready to tackle IT challenges hybrid work brings
While hybrid work is already largely considered normal, the report makes it clear that modern platforms are better at coping with the demands and challenges around user support in…
Grab plans biggest job-cut round since pandemic – report
Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.
Lenovo invests $1B to advance AI infrastructure solutions
Chinese multinational technology company Lenovo has announced its plans to invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the…
Google Cloud appoints Mark Micallef to lead its Southeast Asia business and advance regional AI momentum
Global cloud computing services provider Google Cloud has on Monday announced the appointment of Mark Micallef as Managing Director of its business in Southeast Asia.
Malaysia’s GHL expands Alipay+ integration to 2,600 Thai merchants
Malaysia-based payment service firm GHL Systems Berhad (GHL) has enabled Alipay+ for over 2,600 local businesses in Thailand to accept cross-border digital payments from leading…
Philippine ecommerce marketplace startup Shoppable Business closes $1.15M pre-seed round
Shoppable Business, the Philippines-based business to business (B2B) eCommerce marketplace and technology company, has closed its oversubscribed pre-seed financing round of $1.15…
Carro invests in Malaysian automobile content provider Driven Communications
Carro, the Singapore-based online used car platform, has on Monday announced that it is making a strategic investment into Driven Communications, a Malaysian content provider.
