News
Analysts foresee electric vehicle growth potential in Malaysia
Analysts have foreseen growth potential of electric vehicles in Malaysia, underpinned by new models launching and regulatory push. However, the opined that the MYR 100,000 ($20.965) pricing floor currently imposed on completely built units CBU EVs, remained a hurdle for EVs adoptions.
Toyota Ventures raises another $300M to expand early-stage investments in frontier technology, climate solutions
Toyota Ventures, the early-stage venture capital arm of Toyota, has announced a total of$300 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation.
Malaysia to launch Single Window Initiative to strengthen startup ecosystem
The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia will be launching the Single Window Initiative to strengthen the country’s startup ecosystem by streamlining processes and consolidating resources under one platform.
Maybank: ASEAN EV adoption will continue to increase due to favourable regulations
Maybank Investment Bank said Monday that it believes ASEAN electric vehicle (EV) adoption will continue to increase due to favorable regulations, local brands and China’s EV makers launching new models at low price points.
Vietnam’s VinFast begins selling electric bike in the United States
Vietnamese automaker VinFast Auto has on Thursday announced it will begin selling its VF DrgnFly electric bike in the United States by late April with a listed price of $2,599.
Moneymax partners FWD Life Insurance to offer life insurance in the Philippines
Moneymax, the Philippines-based personal finance marketplace for financial products and a subsidiary of MoneyHero Limited, has on Friday announced its strategic partnership with FWD Life Insurance (FWD Philippines) to offer life insurance in the Philippines.
Singapore’s AI firm Mindverse secures $5M in seed funding led by Square Peg
Singapore-based artificial intelligence (AI) startup Mindverse has successfully closed a $5 million seed funding round led by Square Peg.
MAS, Mastercard sign MoU to enhance cooperation in cybersecurity
The Monetary Authority of Singapore (MAS) and global payment firm Mastercard have on Tuesday signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.
EMURGO partners Huawei Cloud to expand Cardano network, scale Web3 solutions in Asia Pacific
EMURGO, a Japanese blockchain company that drives Web3 adoption via the Cardano blockchain, has on Thursday announced a partnership with Huawei Cloud to extend support for a Cardano Validator Node on the Huawei Cloud, further strengthening the Cardano network.
Singapore’s Temasek boosts EMEA investment with new Paris office
Singapore-headquartered investment company Temasek has launched its new office in Paris on Wednesday. The Paris office expands the fund's global footprint and network, giving it the opportunity to grow its organization, talent and capabilities, in its mission to construct a resilient and forward looking portfolio.
