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Break of dawn in coworking: The end of WeWork’s growth-at-all-cost model

The coworking industry has significantly changed in recent years, driven by the global shift towards more flexible and hybrid work models. This change, accelerated by the…

Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister

Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the…

Malaysia’s MOVE Digital sees revenue surge 72 pct in 2023

Malaysia-based MOVE Digital, digital arm of Capital-A which is formerly known as airasia Superapp, has achieved annual revenue of MYR 689 million ($145 million), marking a 72…

South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups

South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem…

VinBrain and Global Fund continue joining forces to tackle Vietnam’s tuberculosis challenge through AI in 2024

VinBrain, an artificial intelligence (AI) HealthTech company within Vingroup conglomerate, has officially signed a commercial agreement with Global Fund to transfer Artificial…

AirAsia MOVE partners HTS to integrate Fintech ancillaries

Hopper Technology Solutions (HTS) and AirAsia MOVE (formerly airasia Superapp) have announced partnership to integrate fintech ancillaries from HTS into AirAsia MOVE’s digital…

Singapore’s Silence Laboratories raises $4.1M in funding led by Pi Ventures and others

Singapore-based privacy tech company Silence Laboratories has on Thursday announced a $4.1 million pre-series A round. The funding round is led by Pi Ventures and Kira Studio,…

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VMware acquisition by Broadcom: Who benefits from the deal and what Southeast Asian businesses can do

The Broadcom acquisition of VMware shook the virtualization industry in #SoutheastAsia. While some see it as a mere shift of ownership, others fear price hikes, product cuts, and…

Singapore’s Nium secures payment license in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type…

Thai bank SCBX acquires Home Credit Vietnam for $864M

Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion…

JC3 works on specific action plans to support economy transition in Malaysia

The Joint Committee on Climate Change (JC3), the platform established in 2019 to pursue collaborative actions for building climate resilience within the Malaysian financial…

China’s GDS inks renewable energy agreement with Malaysia’s Cenergi

GDS, a China-based developer and operator of high-performance data centers, has reinforced its commitment to sustainability by establishing a 21-year renewable energy virtual…

Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East

Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman…

Geely-backed EV firm Polestar secures $950M external funding

Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The…