OKX Ventures invests $1M in Hong Kong-based AI and Web3 startup Moonbox

OKX Ventures, the investment arm of global crypto exchange and innovative Web3 company OKX, has announced a $1 million investment in Moonbox, an artificial intelligence (AI)…

Gentari partners BMW Group Malaysia for green mobility and renewable energy

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered automaker BMW Malaysia (BMW) to explore the implementation of green mobility services and…

HashKey becomes the first licensed exchange for retails users in Hong Kong

HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, has officially announced the upgrade of Type 1 and Type 7 licenses, marking…

BSN collaborates with VISA to spur e-commerce among micro-SMEs in Malaysia

Malaysian lender Bank Simpanan Nasional (BSN) has announced its strategic partnership with American multinational financial services corporation Visa to kick-start a collaboration…

Superbank partners Amartha to offer working capital loan to women micro-entrepreneurs in Indonesia

Indonesian lender PT Super Bank Indonesia (Superbank) has partnered microfinance technology platform PT Amartha Mikro Fintek (Amartha) to offer working capital loans to women…

This Malaysian startup offering cafe syrup with zero sugar plans to expand regionally

“We are planning to get halal certification for our Timi Syrup so that we can approach well-establish cafes. We are also planning to export to neighbouring countries and planning…

Cyber Youth Singapore’s Ben Chua on CYSummit 2023 and empowering the next generation of tech leaders [Q&A]

"CYSummit serves as a platform to help youth explore their interest in technology and obtain opportunities to positively influence their community. Our main goal is to empower…

Germany’s Infineon invests up to $5.46B to build largest 200-millimeter SiC Power Fab in Malaysia

Germany's semiconductor manufacturer Infineon Technologies AG will build the world’s largest 200-millimeter SiC (silicon carbide) Power Fab in Kulim, Malaysia. Over the next five…

Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its…

Canada’s Tenstorrent raises $100M strategic up-round co-led by Hyundai, Samsung

Canadian chip startup Tenstorrent has announced that it has closed a $100 million strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund. The round also…

Temasek to invest $145M in Indian Mahindra & Mahindra EV unit

Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent…

Soft Space, Hong Leong Bank and JCB expand JCB card acceptance in Malaysia

Malaysia-based fintech-as-a-service provider Soft Space, Japan-based international payment brand JCB's international operations subsidiary JCB International (JCBI), and Malaysian…

Gobi Partners bolsters HealthTech portfolio to $11.8M in Greater Bay ASEAN

Pan-Asian venture capital firm Gobi Partners has bolstered its HealthTech portfolio with an aggregate investment of $11.8 million, spreading across 12 dynamic startups within…

Funding Societies partners CGC Digital to support MSMEs via digital supply chain financing guarantee

Singapore-based digital financing platform Funding Societies has partnered with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to…