News
Singapore’s August Global Partners invests in Vietnam’s Gene Solutions
Singapore-headquartered healthcare investor August Global Partners (AGP) is investing in Vietnam=based genomic testing company Gene Solutions (GS) through a proprietary funding round.
Malaysia Digital Economy Corporation launches metaverse platform
The Malaysia Digital Economy Corporation (MDEC) has on Thursday announced the public launch of the IP360 Metaverse Platform, an initiative in digital innovation and cultural preservation.
Hong Kong’s Reap receives in-principle approval for MPI license from MAS
Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the major payment institution (MPI) license for its Singapore entity, Reap Singapore.
Hong Kong’s Varadise secures $3M in Series A funding round led by Betatron
Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A funding round led by Betatron Venture Group.
China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country.
Salesforce: 87 percent of SMBs in Singapore with AI report growth in revenue
87 percent of small and medium-sized businesses (SMBs) in Singapore with artificial intelligence (AI) report growth in revenue, a survey from Salesforce revealed on Thursday.
Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space
The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.
Largest Philippine fintech company GCash said to pick banks for IPO – report
GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.
Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators
PepsiCo’s Greenhouse Accelerator Program aims to collaborate with startups working to advance breakthrough innovations across the circular economy, climate action and sustainable agriculture.
Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
