News

Malaysia’s pitchIN launches the pitchIN Secondary Trading Market

PitchIN, Malaysia’s digital fundraising and investmenthub, has on Wednesday announced that it is launching PSTX, the pitchIN Secondary Trading Market. PSTX is Malaysia’s first ever equity crowdfunding (ECF) secondary market.

China’s BYD opens EV factory in Thailand, first in Southeast Asia – report

In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.

HIMSS partners SNS Network to advance digital health transformation in Malaysia

Malaysia-listed information and communications technology (ICT) system and solutions provider SNS Network Technology Berhad has partnered with global health advocate Healthcare Information Management Systems Society (HIMSS) to advance digital healthcare transformation in Malaysia.

Open Campus receives grant from Arbitrum Foundation to launch EDU Chain

Open Campus, the decentralized education protocol backed by various launch partners including Animoca Brands, announced Thuesday it has received designated grant funding from the Arbitrum Foundation to support the upcoming launch of EDU Chain, the first Layer 3 (L3) blockchain specifically designed for education.

Global Founders Capital and Insight Partners launch Singapore-headquartered SaaS firm Summit

Germany-based venture capital firm Global Founders Capital and United States-based investment firm Insight Partners have teamed up to launch Summit, a Singapore-headquartered software as a service (SaaS) company.

Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050

Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to complete its 2030 decarbonization target setting for high-emitting sectors in pursuit of its broader 2050 net zero commitments, that include thermal coal mining, cement, palm oil…

Set Sail AI partners Choco Up to drive generative AI adoption

Choco Up, a Singapore-based revenue-based financing (RBF) and growth platform, has announced a strategic partnership with Set Sail AI, a Hong Kong-based intelligent contact center solution, to facilitate the adoption of generative artificial intelligence (AI) solutions among businesses and merchants.

Indonesia’s Elevarm partners Amartha, Rabo Foundation & Scala in global collaborations to grow pro-farmer financing product

Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information technology firm Scala and Indonesian fintech firm Amartha.

Malaysia’s Oretha raises $105,759 via equity crowdfunding

Oretha Senior Care, a senior care provider in Malaysia, has announced the successful completion of its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with co-investment from MyCIF.

UNDP and DFINITY Foundation collaborate to boost financial inclusion for MSMEs

United Nations Development Programme (UNDP) has announced a new partnership with the DFINITY Foundation, which will leverage the Internet Computer blockchain technology to further develop and implement the Universal Trusted Credentials (UTC) initiative.