News
MARC, SME Bank team up to support entrepreneurs and SMEs in Malaysia
Malaysian Rating Corporation Berhad (MARC) has formed a strategic collaboration with Centre for Entrepreneur Development and Research (CEDAR), a wholly-owned subsidiary of SME Bank Malaysia Berhad, to support entrepreneurs and SMEs in Malaysia.
Singapore’s DiMuto secures $5.9M in Series A funding for global expansion
DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.
Securities Commission Malaysia’s revised guidelines on technology risk management takes effect on Monday
The Securities Commission Malaysia’s (SC) revised guidelines on Technology Risk Management have come into effect on Monday (August 19, 2024). The guidelines supersede the guidelines on Management of Cyber Risk (GMCR).
J&T Express achieves positive net profit in first half
J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.
Securities Commission Malaysia launches new matching initiative to drive sustainable growth in agri-business
The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract necessary funding.
Igloo partners TrueMoney to provide critical health insurance products to Thai users
Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.
Malaysia’s Solarvest partners Agmo to develop digital clean energy applications
Malaysian clean energy solutions provide Solarvest Holdings Berhad and homegrown digital solutions and application development firm Agmo Holdings Berhad (Agmo) have on Tuesday announced a strategic joint venture to co- develop digital clean energy applications for the advancement of clean energy sector.
Conservation International Ventures gets $1.5M grant from Coca-Cola Foundation to launch new climate resilience project
The Coca-Cola Foundation (TCCF), the global philanthropic arm of The Coca-Cola Company (TCCC), and Conservation International Ventures (CI Ventures), have on Tuesday announced the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas - which play a critical role in guarding against the impact of…
EQT Private Capital Asia acquires PropertyGuru for $1.1B
Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.
Malaysia PM wants all parties to support the country’s aspirations to be among top 20 AI nations – report
The government has agreed to help build the national AI ecosystem, especially in terms of having a centre of excellence to facilitate AI learning and research, including creating Malaysia's very own AI cloud computing system.
