BYD outbids Tesla to power Indonesian Blue Bird taxis – report

Bluebird is committed to using 10 percent of electric vehicles by 2030, according to its latest annual report.

Indonesia’s Ringkas raises $3.5M in seed round co-led by East Ventures and Crestone Venture Capital

Ringkas, an Indonesia-based digital mortgage platform, announced Wednesday it has secured a US$3.5 million in seed round co-led by East Ventures and Crestone Venture Capital.…

Singapore’s MPFunds secures $1.1M in Pre-Seed funding to scale and expand into wider APAC region

Singapore-based funded trader program MPFunds, has announced a successful pre-seed funding round amounting to SGD 1.5 million ($1.11 million) secured from a prominent Singaporean…

Anthill Ventures invites applications for Lumos Health program to support disruptive HealthTech startups in India

Anthill Ventures, an India-based venture capital firm and speed-scaling ecosystem, has on Thursday announced the launch of a new cohort for its Lumos Health program, which is…

ORIGIN Conference: How is AI shaping Southeast Asia’s Next Gen?

The discussion explored the unique strengths of Southeast Asia when it comes to AI solutions, government policies proposed to strengthen the AI ecosystem, and the industries that…

Tourists can now use AlipayHK, Kakao Pay, Touch ‘n Go, Alipay China in Thailand

Ant Group, the Chinese operator of Alipay+, the global cross-border digital payments and marketing solution, has on Monday announced that a total of four mobile wallets are now…

Stockbit and Fullerton Fund Management forge strategic partnership and acquire PT Ayers Asia Asset Management

Indonesia-based digital investing platform PT Stockbit Investa Bersama (Stockbit) and Singapore-headquartered investment firm Fullerton Fund Management Company Ltd (Fullerton),…

Singapore Deep-Tech Alliance announces revamped venture building program for SDTA24 cohort

Sustainability-focused deep-tech venture builder, Singapore Deep-Tech Alliance (SDTA) has on Monday announced the launch of its revamped venture building program for its third…

SoftBank launches in-house AI chat service

SoftBank Corp., a Japan-based telecom and IT operator, has on Monday announced it launched its own artificial intelligence (AI) Chat service for internal use. As of May 29, 2023,…

KAF-Carsome consortium targets to launch digital bank as early as year-end

Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the…

Salary cut for Temasek’s investment team, senior management over failed bet on FTX

"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including…

MRANTI invites high growth Malaysian startups for global expansion

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is inviting high growth startups looking to expand their business presence in Japan, Germany and Thailand…

INA, ESR, and Mitsubishi join forces to invest in modern warehouse in Indonesia

Indonesia Investment Authority (INA), Hong Kong-listed real estate firm ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged…

SoftBank partners NVIDIA for AI data centers across Japan

Japanese multinational investment firm SoftBank Corp has partnered with American multinational technology company NVIDIA on a pioneering platform for generative artificial…