MAS commits up to $111M for technology and innovation in financial sector

The Monetary Authority of Singapore (MAS) has on Monday announced that it will commit up to SGD 150 million ($111.47 million) over three years under the renewed Financial Sector…

CapitaLand Investment launches new business park development fund in India

Singapore-based real estate investment firm CapitaLand Investment Limited (CLI) has launched a business park development fund, CapitaLand India Growth Fund 2 (CIGF2), with a…

Singapore’s Carro achieves best quarterly profitability since inception in the first quarter of FY2024

Carro, the Singapore-based online used car platform, has achieved best quarterly profitability since inception in the first quarter of FY2024. The firm has clocked its highest…

AC Ventures’ Helen Wong on Indonesia’s path to the next decade: progress & prospects

In this episode of the “Going-abroad” live program hosted by TechNode Group Founder and CEO Dr. Lu Gang, AC Ventures Managing Partner Helen Wong shared her views on Indonesia, the…

Gartner survey shows generative AI has become emerging risk for enterprises

The mass availability of generative AI, such as OpenAI’s ChatGPT and Google Bard, became a top concern for enterprise risk executives in the second quarter of 2023, according to…

MRANTI launches Malaysia innovation matching platform to propel commercialization rate

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on Wednesday announced the launch of the Malaysia Technology Commercialization Platform (MATCH), in a…

India’s Credgenics raises $50M in series B funding led by Westbridge Capital, Accel and others

Credgenics, an India-based software as a service (SaaS) based debt collections and resolution technology platform, has raised $50 million in a Series B funding round. The funding…

Antler appoints serial entrepreneur Frank Kang as Associate Partner and Country Head for Malaysia

Singapore-based venture capital firm Antler has on Wednesday announced the appointment of Frank Kang as Associate Partner for Malaysia. This senior-level appointment further…

Singapore’s Endowus raises $35M funding from UBS, Citi Ventures, MUFG and others

Singapore-based digital wealth platform Endowus has raised $35 million in its latest funding round. The firm said in a statement on Wednesday that new investors include Citi…

D3 Labs joins forces with Indonesian Blockchain Association for Digital Rupiah

Indonesian blockchain-based solutions provider D3 Labs has joined forces with the Indonesian Blockchain Association to provide impetus in the first phase of Digital Rupiah…

Indonesia’s GORO raises $1M funding in pre-seed round led by Iterative

GORO, an Indonesia-based fractional property marketplace platform, has raised $1 million in a pre-seed round led by early-stage venture capital firm Iterative. The funding round…

Apple Pay launches in Vietnam

According to local media VN Express International, Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore.

BlackRock targets $1.21B for climate infrastructure strategy to support New Zealand’s net zero goals

BlackRock has targeted NZD 2 billion ($1.21 billion) for climate infrastructure strategy to support New Zealand’s net zero goals. The firm plans to launch a New Zealand-focused…

Capgemini : 74 percent of executives believe the benefits of generative AI will outweigh the associated concerns

Despite apparent risks, such as copyright infringement or cybersecurity, most organizations (74 percent) believe the benefits of generative artificial intelligence (AI) outweigh…