Yimie Yong

GORO’s admission into the OJK Regulatory Sandbox is a pivotal step forward, showcasing its business model’s compliance with Indonesia’s highest regulatory standards. With less than 10 percent of 275 million Indonesians participating in investments, GORO aims to democratize property investment, empowering tens of millions to enter the market.

Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).

The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation.

With AWS, Mesolitica can now deploy proofs of concept (PoCs) in as little as 24 hours, while the AWS Asia Pacific (Malaysia) Region provides a 20 percent reduction in latency, critical for achieving human-like conversations in AI voice assistants.

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.

Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.

Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…

1337 Ventures, Malaysia-based venture capital firm, announced its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from Cradle and MYStartup.

By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well positioned to determine the future of Al’s legacy.