News
Kuala Lumpur’s tech startup ecosystem generates more than $47B in value over past three years
Kuala Lumpur, the capital of Malaysia, saw its tech startup ecosystem generates more than MYR 220 billion ($46.73 billion) in value over the past three years.
Gobi Partners launches third annual Sustainability Report highlighting achievements and insights
Asia-focused venture capital firm Gobi Partners has on Thursday announced the publication of its third annual Sustainability Report. The report highlights significant achievements in environmental, social, and governance (ESG) goals over the 12-months period from 1 April 2023 to 31 March 2024.
Alipay+ expands global merchant coverage for partner E-wallets for UEFA EURO 2024
As official payment sponsor of UEFA EURO 2024TM, Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International, alongside global partners, is gearing up for an action-packed summer.
Malaysia’s national carmaker Proton plans to launch 5 EV models under e.MAS brand – report
Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. Zhejiang Geely Holding Group purchased 49.9 percent of Proton Cars.
Pall opens $150M manufacturing facility in Singapore to support global semiconductor demand
Pall Corporation, a global filtration, separation and purification technologies firm, has invested approximately $150 million to a manufacturing facility in Singapore to support global semiconductor demand.
SC releases practical guide on venture capital and private equity in Malaysia
The Securities Commission Malaysia (SC) has on Thursday issued the first edition of the ‘Practical Guide on Venture Capital and Private Equity in Malaysia’ (Guide) in Malaysia.
Gentari, SEDCE launch hydrogen production hub in Malaysia
Sarawak Economic Development Corporation (SEDC)’s subsidiary SEDC Energy Sdn Bhd (SEDCE) has partnered clean energy solutions provider Gentari Sdn Bhd to launch the Sarawak H2 Hub, a global-scale hydrogen production hub in Bintulu, Malaysia.
BlackLine launches data center in Sydney to serve customers across APAC
Global cloud-based services provider BlackLine, Inc. has opened its first Asia-Pacific (APAC) regional data center within a Google Cloud facility in Sydney.
ADB, LPBank sign $80M loan package to expand access to finance for women-owned SMEs in Vietnam
The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) have signed a financing package of up to $80 million to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.
Stanly raises $8M in Pre-Series A round led by Adrian Cheng’s C Capital
Stanly, the innovative platform designed exclusively for fans to connect, engage, and celebrate their favorite fandoms, has successfully raised $8 million in pre-Series A funding.
