News

Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has on Tuesday announced the immediate availability of its battery swapping ecosystem and Smartscooters in India.

The collaborative effort to boost green finance between IFC and the bank has been strengthened with a new cooperation agreement signed on Tuesday. This enhanced partnership aims to accelerate necessary reforms to develop guidelines and standards to attract the green capital the country needs to drive its economy and create jobs while promoting a greener…

The Southeast Asia (SEA) Tech sector received a total funding of $4.3 billion in 2023 year to date (till December 5, 2023), a 65 percent plunge from $12.4 billion raised in the same period last year, Tracxn said Tuesday.

"We will give a three to four months period for trial because technology is not an easy thing. Maybe efforts to perfect it would be needed," Indonesia's Trade Minister Zulkifli Hasan said.

Singapore investment firm Sweef Capital has made strategic investment in Vietnam-based USM Healthcare to increase access to affordable medical devices and orthopedic products.

Cloud computing services firm Google Cloud and postal and eCommerce logistics provider Singapore Post Limited (SingPost) have on Tuesday announced a strategic collaboration to accelerate SingPost’s digital transformation journey and drive its next phase of sustainable growth.

Seraya Partners, the Asia-based independent privateequity fund for next-generation infrastructure investing, has on Tuesday announced the completion of its first fund, “Seraya Partners Fund I” at $800 million. The final investment which includes co-investments has surpassed its $750 million target.

Malaysia-based conglomerate DRB-Hicom and Chinese automaker Geely Holdings have signed a joint venture agreement to develop the Automotive Hi-Tech Valley in Tanjong Malim, Perak in Malaysia. This follows the recent master collaboration agreement signed in October 2023, which had set forth the underlying principles, governance framework, and mutual…

Alibaba DAMO Academy has announced the launch of SeaLLMs, pioneering large language models (LLM) that come with 13-billion-parameter and 7-billion-parameter versions. The LLMs are specially designed to cater to the linguistic diversity of Southeast Asia (SEA).

Gobi Partners, a leading pan-Asian venture capital firm, is firmly dedicated to promoting sustainable development and is poised to make significant investments in circular economy sectors across the Asia-Pacific (APAC) region, with a particular focus on the vibrant Greater Bay Area (GBA).