News

GSM invests in Be Group to expand electric car services in Vietnam

Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, and Be Group, a Vietnamese technology company, have signed an investment and cooperation agreement to deploy electric cars and motorbikes in transportation services in Vietnam for the first time.

Animoca Brands and Hex Trust launch NFT-centric custodial wallet joint venture

Animoca Brands, a Hong Kong-based gaming firm, and Hex Trust, an institutional-grade digital asset custodian, have announced the public launch of Gryfyn. Gryfyn is a joint venture to provide an innovative custodial wallet solution focused on onboarding users to Web3.

Capital Markets Malaysia launches Corporate Venture Capital Program to advance local ecosystem

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Tuesday launched the nation’s first Corporate Venture Capital (CVC) Programm to advance the domestic venture capital (VC) and private equity (PE) ecosystem by stimulating corporate investments by larger public listed companies (PLCs)

Indonesian insurtech Fuse achieves more than $200M gross written premium in 2022

Indonesian insurtech company Fuse announced Tuesday that it achieved more than 150 million policies in 2022, with gross written premium (GWP) exceeding $200 million.

Auros completes $17M fundraising round led by Vivienne Court

Auros, a Hong Kong-based crypto-native algorithmic trading and market making firm, has raised $17 million in a funding round led by global high frequency trading firm, Vivienne Court.

Malaysia’s Khazanah anticipates another challenging year ahead

Malaysian sovereign fund Khazanah Nasional Berhad (Khazanah) is anticiping another challenging year ahead of below trend global growth on the back of monetary policy shift to combat inflation, and persistent geopolitical tensions.

Singapore employees prioritize analytical skills and soft skills over green skills, says a study

Despite the increasing importance and growing demand for talents with green skills in Singapore, the top three skills categories that employees prioritize are digital skills (69 percent), analytical skills (53 percent) and soft skills (51 percent), said a study.

UNO Digital Bank partners GCash to offer saving products

Philippine-based UNO Digital Bank has partnered with Philippine mobile wallet app GCash to integrate its services in GSave.

Harriet partners Artesian, Wavemaker Partners, Wavemaker Impact, B Capital and 1982 to launch The Female Founder Series

Harriet, the leading platform championing female founders, has partnered with venture capital firms Artesian, Wavemaker Partners, Wavemaker Impact, B Capital, and 1982 Ventures to launch "The Female Founder Series".

Indonesia’s GoTo posts narrower adjusted loss on better on-demand services

PT GoTo Gojek Tokopedia Tbk, the largest digital ecosystem in Indonesia, has on Monday announced its adjusted losses before interest, taxes, depreciation and amortization improved by 52 percent year-over-year to Rp 3.1 trillion ($201.89 million) in the fourth quarter of 2022.