Singapore’s Play Ventures’ Fund I generates 1.5 times return in less than four years

Singapore-based gaming venture capital firm Play Ventures announced Monday that its debut Fund I has generated a return of 1.5 times to investors in distributed capital (DPI) in…

MAS finalizes stablecoin regulatory framework

The Monetary Authority of Singapore (MAS) has on Tuesday announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins…

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Data breaches cutting like a razor blade? Here are 4 ways to protect your business

To effectively navigate the complexities of managing cybersecurity in today's business landscape, most companies must first prioritize awareness and training. Establishing a…

Hong Kong’s Xverse raises $5M in seed funding round led by Jump Crypto

Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC…

Malaysia’s KGW Logistics collaborates with UTHM to introduce hands-on learning in logistics and e-commerce

KGW Group Berhad, a Malaysia-based logistics services provider, has via its wholly-owned subsidiary KGW Logistics (M) Sdn Bhd, joined forces with Universiti Tun Hussein Onn…

Fourier Intelligence delivers advance rehab robotics center to WQ Park in Malaysia

China-based technology firm Fourier Intelligence has delivered an advance rehab robotics center to the newly launched WQ Park in Kuantan, to empower accessible rehabilitation…

Binance Labs commits $10M to Helio Protocol to advance the LSDfi revolution

Binance Labs, the venture capital and incubation arm of Binance, has committed $10 million to Helio Protocol, a USD-pegged over-collateralized stablecoin. This strategic funding…

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Insignia AI Notes #5: Context is king and other learnings from building a GPT-powered website chatbot

We list down five key learnings from the experience [of building our own #GPT-powered chatbot], both from the perspective of developing the #chatbot and linking specific context…

South Korea’s SK Telekom invests $100M in US’s Anthropic to promote AI innovation

South Korea's telecommunications operator SK Telekom (SKT) has on Monday announced that it is investing additional $100 million in Anthropic, an artificial intelligence (AI)…

Central Retail partners Ant Group to launch Alipay+ to provide digital payment services for Asian travellers in Thailand

Thailand-based retailer Central Retail Corporation has joined forces with China-based technology provider Ant Group to launch Alipay+ at its stores, providing comprehensive…

Plug and Play partners Enterprise Singapore to launch program to support Singapore startups’ US expansion

United States-based accelerator firm Plug and Play has partnered with Singaporean government agency Enterprise Singapore (EnterpriseSG) to launch of the Global Innovation Alliance…

US’s Lineage partners Vietnam’s SK Logistics to expand network in Southeast Asia

United States-based logistics firm Lineage Logistics has on Friday announced it has partially closed a joint venture arrangement with Vietnam-based cold-storage warehouse operator…

Philippine venture builder AHG Lab raises $4M to empower more entrepreneurs

AHG Lab, the independent venture builder in the Philippines, has secured a total of $4 million in Pre-Series A funding aimed at fueling the growth of the venture builder, its…

Taiwan’s Gogoro posts lower net loss of $5.6M in second quarter

Taiwanese battery-swapping refueling platform Gogoro saw its net loss for the second quarter of 2023 fall to $5.6 million from $121.1 million a year ago. The group registered a…