Author: Yimie Yong
Capital A plans to launch ride-hailing in the Philippines challenging Grab – report
Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…
ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities
The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…
Singapore’s Sea Ltd winds down investment arm – report
New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.
ChatGPT app is now available in Malaysia; ranks first on App Store’s Top Chart
A check on App store's top charts on Thursday showed that ChatGPT now ranked number one on the list.
ORIGIN Conference: Next Generation: Different Breeds of Unicorns
The panelist first discussed about what are the key ingredients needed to build a successful startup in modern Southeast Asia. They also shared their company's strategies and plans, and the latest trends in their respective industries, among other issues.
BYD outbids Tesla to power Indonesian Blue Bird taxis – report
Bluebird is committed to using 10 percent of electric vehicles by 2030, according to its latest annual report.
KAF-Carsome consortium targets to launch digital bank as early as year-end
Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.
Salary cut for Temasek’s investment team, senior management over failed bet on FTX
"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including Temasek. Nevertheless, we are disappointed with the outcome of our investment, and the negative impact on our reputation," Temasek said.
Axiata plans to launch digital bank by year-end – report
Malaysia-based telco Axiata Group Bhd plans to launch its digital bank by end-2023 and targets to make it profitable over the next three to four years
Tech sector may be in ‘funding winter’ but AC Ventures sees opportunities in EV, circular economy & sustainable agriculture, says Managing Partner [Q&A]
In the interview, Helen Wong also shared her views on the overall investment sentiment in Indonesia and gave updates on the deployment of its funds, among others.
