News
Indonesia readies ethics guidance for AI developers – report
Indonesia has drafted ethics guidance for developers using artificial intelligence (AI) to prevent potential misuse of the new technology.
Insurers, insurance asset managers expect a wave of M&A activity to hit Singapore and Hong Kong in 2024, says Clearwater Analytics
Insurers and insurance asset managers are expecting a wave of merger and acquisition (M&A) activity to hit Singapore and Hong Kong in 2024, as the region echoes the wider global industry trend towards consolidation, Clearwater Analytics said Tuesday.
Singapore’s Doctor Anywhere attracts $40.8M in fresh funding to scale healthcare innovation
Doctor Anywhere, a tech-led healthcare company headquartered in Singapore, has on Thursday announced a $40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings. The influx of funds will be directed to strategically drive next-generation healthcare innovation within the company, and to deepen its presence…
Singapore’s Bitsmedia raises $20M in Series A funding led by CMIA Capital Partners, Gobi Partners, Bintang Capital Partners
Bitsmedia, the creator of the widely popular Muslim lifestyle application (app), Muslim Pro in Singapore, has successfully secured $20 million in its Series A funding round. This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors – CMIA Capital Partners, and Bintang…
Hong Kong’s Klook raises $210M in funding led by Bessemer Venture
Klook, the Hong Kong-based platform for experiences and travel services, announced Thursday that it has successfully completed a $210 million financing, supporting business growth and fortifying financial stability. The equity round is led by Bessemer Venture Partners, with participation from BPEA EQT, Asia investment funds Atinum Investment and Golden…
Singapore cultivated meat startup Meatiply raises $3.75M seed funding for expansion
Singapore-based cultivated meat company Meatiply has secured $3.75 million in the first close of its seed funding round. The round is co-led by existing investor Wavemaker Partners and AgFunder, with participation from SEEDS Capital, the venture investment arm of Enterprise Singapore.
SC Malaysia to introduce streamlined transfer of listing to encourage more exit options
The SC, together with Bursa Malaysia is working to improve efficiency in the public markets to facilitate a start-up’s IPO, with measures such as expediting the IPO process and reducing time-to-market for companies seeking to list on its stock exchange.
Malaysia’s TNB unveils vision for sustainable energy future and collaboration
Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Wednesday that it has solidified its pledge to spearhead Malaysia's energy transition by championing transformative renewable energy projects.
UK-IFC’s MAGC receives $45M in funding expansion to support green construction practices in emerging economies
The United Kingdom Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction (MAGC) Program, to significantly elevate green construction practices in over 20 emerging and developing economies. This expansion will provide an additional £36 million ($45.15 million) to the program.
Demand for AI roles is expected to increase in 2024, says Glints
The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or trainer, data scientist and analyst, Southeast Asia talent platform Glints said in a report on Tuesday.
