Japan and India launch $588M fund to back sustainability projects
The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest…
Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round
EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round.…
Battery electric vehicles is clear winner when trying to reduce emissions, says Rystad Energy
Battery electric vehicles (BEV) are the clear winner when trying to reduce emissions in the transportation sector, according to Rystad Energy research. Despite incurring higher…
BMI sees Malaysia’s electric vehicle sales to quadruple in 2023
BMI, a FitchSolutions firm, has projected that Malaysia's total electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate (EV sales as percent…
The 2021 VinFuture grand prize laureates receive Nobel Prize in Medicine in 2023
Before the #NobelPrize awarded Dr. Kariko and Prof. Weissman, the 2021 #VinFuturePrize was one of the first few global sci-tech awards to honor the work of Dr. Kariko and Prof.…
Singapore’s 2C2P bolsters global growth with strategic executive appointments
2C2P, a Singapore-based global payments platform, has on Wednesday announced that it has appointed three new senior executives to drive further expansion and enhance its service…
Skills for jobs to change by at least 65 percent by 2030 as AI accelerates workplace change, says LinkedIn
The skills needed for jobs globally are estimated to change by at least 65 percent by 2030 as rapid developments in artificial intelligence (AI) accelerate workplace change,…
US crypto platform Ripple secures Singapore payments license
Ripple, the United States-based enterprise blockchain and crypto solutions provider, announced Tuesday that its Singapore subsidiary Ripple Markets APAC Pte Ltd has secured its…
Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say
Momentum Works, a venture outfit, estimated Foodpanda's Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in…
Philippine’s NDC partners Quest Ventures to strengthen startup ecosystem
The National Development Company (NDC), a Philippine state-owned enterprise investing in diverse industries, has signed a series of agreements with Singapore-based venture capital…
Filipino fintech startup Packworks seals partnership to provide unbanked mom-and-pop shops access to financing
Filipino fintech startup Packworks said Tuesday that the firm has sealed partnerships to provide unbanked mom-and-pop shops access to microfinancing, financial services to boost…
Malaysian Fintech startup MADCash secures $1M in funding to empower women entrepreneurs
MADCash Sdn. Bhd., a fintech startup focused on providing zero-interest microfunds to women entrepreneurs, has announced the successful completion of its pre-series A funding…
GoTo secures $150M from IFC to drive sustainable business and financial inclusion across Indonesia
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, has secured $150 million from the International Finance Corporation (IFC), a member of the…
Visa launches $100M generative AI ventures initiative
Visa, a global payment firm, has on Monday announced a new $100 million generative artificial intelligence (AI) ventures initiative to invest in the next generation of companies…
