GoTo-backed Go-Ventures rebrands as Argor; raises $240M
GoTo-backed investment firm Go-Ventures has rebranded as Argor Capital Management Pte. Ltd. (Argor) and closed its second flagship venture fund at $240 million.
Funding Societies introduces Shariah-compliant Guaranteed Islamic Investment Note in Malaysia
Following the launch of its comprehensive Islamic financing solutions recently, Funding Societies, the Singapore-based unified small and medium sized enterprise (SME) digital…
Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO
Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.
Without secured remote connectivity, most enterprises aren’t fully ready to tackle IT challenges hybrid work brings
While hybrid work is already largely considered normal, the report makes it clear that modern platforms are better at coping with the demands and challenges around user support in…
Grab plans biggest job-cut round since pandemic – report
Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.
Lenovo invests $1B to advance AI infrastructure solutions
Chinese multinational technology company Lenovo has announced its plans to invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the…
Google Cloud appoints Mark Micallef to lead its Southeast Asia business and advance regional AI momentum
Global cloud computing services provider Google Cloud has on Monday announced the appointment of Mark Micallef as Managing Director of its business in Southeast Asia.
Malaysia’s GHL expands Alipay+ integration to 2,600 Thai merchants
Malaysia-based payment service firm GHL Systems Berhad (GHL) has enabled Alipay+ for over 2,600 local businesses in Thailand to accept cross-border digital payments from leading…
Philippine ecommerce marketplace startup Shoppable Business closes $1.15M pre-seed round
Shoppable Business, the Philippines-based business to business (B2B) eCommerce marketplace and technology company, has closed its oversubscribed pre-seed financing round of $1.15…
Carro invests in Malaysian automobile content provider Driven Communications
Carro, the Singapore-based online used car platform, has on Monday announced that it is making a strategic investment into Driven Communications, a Malaysian content provider.
Navigating workforce evolution: The impact of WFH, AI & automation on the future of work
Embracing change and focusing on opportunities is crucial as we move towards a more automated future. We can capitalize on the fact that with #automation, organizations can…
Malaysia announces measures to boost capital market vibrancy and competitiveness
Malaysia has on Monday announced several measures to boost capital market vibrancy and competitiveness. The capital market regulators commit to explore ways to reduce market…
WORQ on track to double total space under management to 200,000 sqf by year end
WORQ, a Malaysia-based coworking and flexible space provider, said Monday it is on track to double its total space under management to 200,000 square feet by the end of 2023.
MRANTI CEO Dzuleira Abu Bakar resigns after 4.5 years of service
The Board of Directors (Board) of the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on Monday announced the resignation of Dzuleira Abu Bakar as its…
