TechNode Global Staff

Sinar Mas, LG CNS form joint venture to provide digital solutions in Indonesia

Sinar Mas, a conglomerate that oversees various business sectors in Indonesia, and LG CNS, a leader in digital transformation from South Korea, have launched their business collaboration, LG Sinar Mas, a joint venture that provides cutting-edge information technology (IT) solutions and services across Indonesia.

Huawei initiates Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand

China-based information and communications technology (ICT) firm Huawei has on Wednesday announced the implementation stage of the Technology-enabled Open Schools for All Phase II project in Brazil, Egypt, and Thailand.

GoTo collaborates with Microsoft to boost engineering productivity with GitHub Copilot

GoTo Group, Indonesia’s leading digital ecosystem, has taken a significant step forward in enhancing productivity across its engineering teams by collaborating with Microsoft Indonesia to adopt GitHub Copilot, an artificial intelligence (AI) developer tool.

Indonesia’s Happy5 acquires Singapore’s SugarOKR to accelerate global expansion

In a strategic move to bolster its global presence, Indonesia-based enterprise performance management software startup Happy5 has announced it is acquiring Singapore-based startup SugarOKR for an undisclosed sum.

Malaysia’s Maybank invests in Funding Societies

Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.

Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang

ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).

Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund

Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.

Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries

Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,

Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion

Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.

Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets (RWAs) for Japanese brands and IPs.