News

Temasek invests up to $198M in Australian financial services firm Betashares

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.

Canada, ADB launch $255M new fund to support private sector climate action and nature-based solutions in Asia Pacific

The government of Canada and the Asian Development Bank (ADB) have announced a partnership to create a new CAD 360 million ($255 million) trust fund. The Canadian Climate and Nature Fund for Private Sector in Asia (CANPA) will support private-sector projects in Asia and the Pacific focused on climate and nature-based solutions while accelerating gender…

AWS announces $230M commitment for generative AI startups

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company , has on last Thursday announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications.

MATRADE partners Tiktok Shop enabling more cross-border opportunities for Malaysian firms

The Malaysia External Trade Development Corporation (MATRADE), has joined hands with TikTok Shop in the effort to intensify cross-border business opportunities through #ThisisMY Campaign.

Indosat partners Google Cloud to deliver AI-driven digital experiences to customers across Indonesia

Indosat Ooredoo Hutchison (Indosat) and Google Cloud have on Thursday announced the expansion of their long-term strategic alliance, aimed at accelerating Indosat’s transformation from telco to AI Native TechCo.

MATRADE partners Amazon Global to boost Malaysian brand owners cross-border e-commerce transactions

The Malaysia External Trade Development Corporation (MATRADE) and Amazon has announced that they have entered into a memorandum of understanding (MoU) to bolster export capabilities of small and medium-sized enterprises (SMEs) in Malaysia.

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.