Yimie Yong
This Malaysian startup offering cafe syrup with zero sugar plans to expand regionally
“We are planning to get halal certification for our Timi Syrup so that we can approach well-establish cafes. We are also planning to export to neighbouring countries and planning to expand our business by producing other food products such as ready-to-drink, sports drink, sauces and other household products,” Co-Founder Atirah Danial told TechNode Global in…
This Singapore-based insurtech firm offers unique microinsurance for ‘underserved’ groups including farmers, gamers & even your pets [Q&A]
In the interview, Mehta also shared about Igloo's plans and strategy after the fundraise last year. He also shared his views about the insurance industry in Southeast Asia, the challenges Igloo faces expanding in the region and the company plans to address these challenges, among others.
Malaysia, Hong Kong plan economic hub near Singapore border – report
Hong Kong and Malaysia also signed 11 MoUs, including the one involving MTR Corporation.
500 Global-backed Thai food biotech firm IncreBio to launch products in Singapore by year-end
The company has raised over $2 million from 500 Global, TOP Ventures (CVC-arm of Thai Oil PLC) and angel investors—from a group of former executives of Coca-Cola, PepsiCo and Dole, to a family office of one of the largest healthcare networks in Southeast Asia.
Malaysia government, GLICs to invest $211M to support startups, technopreneurs
Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.
Alibaba Cloud sees increase in demand from various industries in Malaysia market, says VP [Q&A]
In the interview, Alibaba Cloud Vice President and General Manager of Enterprise Service Cloud William Xiong also shared about how digitization can help carbon neutralisation, insights on the latest development and technology for carbon management, Alibaba’s own approach to carbon reduction, among others.
Malaysia becomes 60th country SpaceX’s Starlink provides high-speed internet service
In a tweet on Tuesday, SpaceX said, "Starlink is now available in Malaysia, marking the 60th country around the world where Starlink can provide high-speed internet connectivity."
Tesla to discuss factory plan for new $24,000 car with India commerce minister – report
The meeting with the commerce minister would be the highest level discussions between Tesla and the India government since June when Tesla founder Elon Musk met India's Prime Minister Narendra Modi and said he intended to make a significant investment in the country, according to Reuters.
Tesla’s entry into Malaysia could lead to structural change in local automotive industry but lack of charging hubs remains a challenge
Electric vehicle maker Tesla’s entry into Malaysia not only impacts the EV space but also encroaches into the traditional internal combustion engine (ICE) vehicle market. Having enough charging points is still the first step for the adoption of EV in Malaysia.
Grab could achieve adjusted EBITDA breakeven in 3Q following layoff exercise, say CGS-CIMB analysts
“Layoff exercise in June leads us to believe Grab can achieve adjusted EBITDA breakeven in 3Q23F (forecast), one quarter ahead of guidance,” CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan wrote in a research note on Thursday.
