Hyundai Motor targets 2M EV sales by 2030

South Korea-based automaker Hyundai Motor is targeting sales of 2 million electric vehicles (EVs) by 2030 with new EVs lineup.

Campus X partners SenseTime to deliver innovative AI education program in Hong Kong

Campus X, a STEAM education institution created by the team from local robotics company Rice Robotics, announced Wednesday that it is partnering with leading artificial…

Philippine government’s SCALE NCR launches roadmap to boost Metro Manila’s startup ecosystem

The Strategic and Collaborative Alliance for Leveraging Ecosystems of Startups - National Capital Region (SCALE NCR), a consortium established by the Department of Science and…

Ant International joins the Hong Kong Monetary Authority’s Project Ensemble Sandbox

Singapore-based fintech firm Ant International has announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on “Liquidity…

Singapore’s Hatcher+, Australia’s Mandalay Venture Partners team up for Agtech investment

Singapore-based venture capital firm Hatcher+ has teamed up with Australia-based early-stage agrifood tech venture capital firm Mandalay Venture Partners to identify and support…

Crypto August flash crash: Global connectivity of markets

There is no doubt that crypto markets have become more developed and mature over the past few years. As more protocol builders with stronger #Web2 and #TradFi experience join the…

IFC invests $50M in gender-inclusive social bond issued by Thailand’s Muangthai Capital

To expand financial inclusion in Thailand for women microentrepreneurs, the International Finance Corporation (IFC) has on Monday announced a $50 million investment in a…

Singapore’s Mandala Capital exits Indian laboratory testing firm EFRAC

Singapore-based private equity firm Mandala Capital has kicked off this year with a full exit from its investment in Edward Food Research and Analysis Centre (EFRAC), an Indian…

LG AI Research taps Google Cloud to develop EXAONE 3.0 and ChatEXAONE AI agent

South Korea-based LG AI Research has on Wednesday announced an expanded collaboration with Google Cloud to help develop LG’s latest family of EXAONE 3.0 generative AI models, and…

Zurich Malaysia collaborates with GXBank to launch cyber protect digital insurance product

Zurich General Insurance Malaysia Berhad and GXBank Berhad have announced the launch of Cyber Fraud Protect offered within the GXBank application and powered by Zurich Edge…

DeCurret DCP partners Internet Initiative Japan for digital assetization of environmental value, launch of digital currency settlement transactions

Japanese digital currencies platform DeCurret DCP Inc. has partnered internet service provide Internet Initiative Japan Inc. (IIJ) for digital assetization of environmental value…

EY: SEA’s InsurTech deal value jumps more than four times to $2.35B in 2023

Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, SEA’s InsurTech sector saw a surge in deal value in 2023 – a…

S&P: Asia Pacific decarbonization path beyond 2030 is highly uncertain

S&P Global Ratings believes the decarbonization path for Asia Pacific firms beyond 2030 is highly uncertain, and will be shaped by emerging regulations and new technologies.

Temasek’s SeaTown closes second private credit fund at over $1.3B

SeaTown Holdings International, a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, has on Tuesday announced the final close of the SeaTown Private…