News
SoftBank to expand global IoT business in Asia-Pacific region
SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the Asia-Pacific (APAC) region.
India’s Zoomcar foresees SPAC deal to close in the fourth quarter
India-based emerging market focused car sharing platform Zoomcar foresees its special purpose acquisition company (SPAC) deal to close in the fourth quarter this year. The combined company's common stock is anticipated to be listed on NASDAQ under ticker symbol "ZCAR."
Japan and India launch $588M fund to back sustainability projects
The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest in sustainability projects.
Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round
EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round. The funding was led by Japan’s venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a Japan-United States collaboration-focused venture capital with a…
Battery electric vehicles is clear winner when trying to reduce emissions, says Rystad Energy
Battery electric vehicles (BEV) are the clear winner when trying to reduce emissions in the transportation sector, according to Rystad Energy research. Despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, it said the positive environmental impact of…
BMI sees Malaysia’s electric vehicle sales to quadruple in 2023
BMI, a FitchSolutions firm, has projected that Malaysia's total electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate (EV sales as percent of total vehicle sales) will stay at just 1.8 percent. BMI estimates demand for EVs in Malaysia to far outstrip that of internal combustion engine cars within the 2023-2032…
The 2021 VinFuture grand prize laureates receive Nobel Prize in Medicine in 2023
Before the #NobelPrize awarded Dr. Kariko and Prof. Weissman, the 2021 #VinFuturePrize was one of the first few global sci-tech awards to honor the work of Dr. Kariko and Prof. Weissman. Furthermore, the VinFuture Prize evaluates work at a broader scale, including many related discoveries to create comprehensive impacts.
Singapore’s 2C2P bolsters global growth with strategic executive appointments
2C2P, a Singapore-based global payments platform, has on Wednesday announced that it has appointed three new senior executives to drive further expansion and enhance its service delivery, solidifying its commitment to excellence in the ever-evolving payments landscape.
Skills for jobs to change by at least 65 percent by 2030 as AI accelerates workplace change, says LinkedIn
The skills needed for jobs globally are estimated to change by at least 65 percent by 2030 as rapid developments in artificial intelligence (AI) accelerate workplace change, according to LinkedIn, the world’s largest professional network.
US crypto platform Ripple secures Singapore payments license
Ripple, the United States-based enterprise blockchain and crypto solutions provider, announced Tuesday that its Singapore subsidiary Ripple Markets APAC Pte Ltd has secured its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). The issuance of Ripple’s MPI license for digital payment tokens (DPTs) follows the MAS’…
