News
EY : Global IPO proceeds down 61 percent to $21.5B in 1Q
Global IPO market registered a total of 299 IPOs raising $21.5 billion in the first quarter of 2023, an 8 percent and 61 percent decrease year-over-year, respectively, said Ernst & Young (EY) on Monday.
Khazanah sells entire stake in Iskandar Malaysia Studios to Studio Management Services
Malaysia's sovereign fund Khazanah said Monday it has sold the entire stake in Iskandar Malaysia Studios Sdn Bhd (IMS), the operating company of Iskandar Malaysia Studios which is based in Johor Bahru, Malaysia.
Malaysia’s DOC2US launches new home-based healthcare services DOC2HOME
DOC2US, a Malaysia-based e-prescriptions and digital health provider, has on Monday announced the launch of its new subsidiary, DOC2HOME, a digital health platform that provides personalised home-based healthcare services through technology, catered to residents and homeowners.
Malaysia’s PNB partners Gentari to deploy 59 EV charges
Malaysia's largest fund manager Permodalan Nasional Berhad (PNB), in collaboration with Malaysian clean energy company Gentari Sdn Bhd (Gentari), have on last Sunday launched its first Electric Vehicle (EV) chargers at Hotel Perdana Kota Bharu, Kelantan, Malaysia.
Filipinos spent 4.4 million hours using e-wallet apps in 2022, says Digido
2022 saw over 58 million active users in the Philippines spending a total of 4.4 million hours in using e-wallet applications, according to a new report revealed by the Philippines-based consumer credit service Digido on Monday.
GSM launches electric taxi service in Hanoi
Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has announced the launch of Green SM Taxi, an electric taxi service, in Hanoi starting on April 14.
Singapore’s Safeheron secures Pre-A+ round led by Hashkey Capital and Bixin Ventures
Safeheron, the Singapore-based digital asset self-custody infrastructure provider, has on last Friday announced it has secured a Pre-A+ fundraising round led by Hashkey Capital and Bixin Ventures.
Malaysia’s MRANTI stepping up pace to accelerate 5G enterprise innovation
In driving enterprise 5G adoption forward, the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on last Friday brought together 20 key stakeholders to discuss pertinent issues, as well as to connect and collaborate on initiatives to progress the design, development and deployment of industry and enterprise 5G innovations in order to…
Indonesian insurtech firm PasarPolis sees significant growth potential in Indonesia
With less than two percent insurance penetration, Indonesia presents a market with significant headroom for growth, Indonesia-based insurtech firm Pasar Polis said Monday.
Indonesia’s Travelio raises an undisclosed Series C funding led by a large Korean financial group
Indonesia-based home rental startup Travelio has raised an undisclosed Series C funding round led by a large Korean financial group.
