Yimie Yong

Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center

The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.

Feeling ‘super bad’ about economy, Elon Musk wants to cut 10% of Tesla jobs, pauses hiring – report

The message also came two days after the world's richest man told employees to return to the workplace or leave the company.

Indonesia’s Traveloka nears $200M funding after SPAC talks – report

Traveloka had been valued at $3 billion, according to CB Insights, but Bloomberg reported in 2020 that it was seeking funds at a lower valuation.

Applications are now open for TiE SEA Women’s Pitch Competition 2022

Shortlisted candidates will be judged by a panel of regional VC’s, entrepreneurs, ecosystem leaders and tech corporate executives, and will also get networking opportunities with regional and international VC’s. The top winner of the Southeast Asia start-up founders will be flown to Dubai by TiE for the global finale.

Malaysia’s home services platform Kaodim to cease operations next month

The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its business and the quality of service.

Thai startup ZTRUS aims to double revenue as it expands in home country & regionally

ZTRUS hopes to scale in Thailand within two years and shall explore some clients in Southeast Asia.

MRANTI’s Fourth Industrial Revolution Innovation Hub to benefit 1,250 biz owners this year

The 4IR-themed innovation center was one of the government's initiatives to guide entrepreneurs comprehensively from the prototype development process to product commercialization.

Renewable energy rises to the occasion as oil & gas prices spike

Some of the venture capital firms have already started scouting opportunities to invest in renewable energy startups in the region.

Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank

Rafiza will initially be joining KAF Investment Bank as part of the digital bank project team pending the incorporation process of the digital bank entity, KAF Investment Bank said.

Indonesian culinary multi-brand firm Hangry eyes up to 100 outlets in 2022 while hunting for M&A targets

The company’s expansion will focus on Indonesia first before starting to expand regionally in 2024.