Yimie Yong
GCash said to weigh record Philippine IPO of up to $1.5B – report
The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.
Indonesia’s AC Ventures & PwC Indonesia release Cybersecurity Playbook for private sector amid rising digital threats
Titled “Cybersecurity Playbook for Startups,” the comprehensive guide addresses the growing need for robust cyber defense mechanisms among new ventures and scale-ups alike, particularly as such threats continue to evolve and become more advanced with the rise of generative AI (GenAI), advanced cloud tech, quantum computing, and more.
Hong Kong to offer crypto tax break for hedge funds, family offices – report
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.
Accenture to set up ‘AI refinery engineering hub’ in Singapore
The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.
Hong Kong’s ZA Bank becomes Asia’s first bank to offer crypto trading services for retail users
Global crypto demand is skyrocketing, with users reaching 560 million by mid-2024 — a 30 percent year-on-year increase. Crypto market capitalisation has surged nearly 90 percent, surpassing $2.3 trillion. Bitcoin hit record highs following the US presidential election, driven by expectations of crypto-friendly policies from the new Congress.
Hong Kong’s Animoca Brands makes strategic investment in Pudgy Penguins’ parent company Igloo, Inc.
The investment expresses Animoca Brands' belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to and that is characterized by its emphasis on direct distribution for consumer…
Temasek-backed blockchain FinTech firm Partior welcomes Deutsche Bank as strategic investor
This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.
An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part II
In the second part of the interview, Cyberport Chief Public Mission Officer Eric Chan shared Hong Kong’s uniqueness and competitive edge against other cities in China and across the region which also aimed to become tech hubs. He shared suggestions on how Hong Kong can further improve its tech ecosystem and his views on Southeast Asia, the Middle East, the…
Singapore’s Pi-xcels raises $2.7M to bring One-Tap NFC digital receipts to global retailers
With the new capital raised, Pi-xcels will accelerate its global expansion by strengthening its footprint in Europe, Japan, Southeast Asia, and venturing into the US market. The funds will also support the company’s efforts to expand partnerships and enhance its proprietary NFC-based technology.
SGX-listed 17LIVE fuels virtual IP growth with acquisition of Japanese VTuber company
The acquisition will also foster closer partnerships with existing V-livers, providing them with guidance to build unique identities that are crucial for the success of IP development.
