News
News,Electric Vehicles & Mobility,Malaysia
Malaysian automaker Proton launches first electric vehicle
Malaysia-based national automotive brand Proton has launched the company’s and the nation’s first electric vehicle (EV).
December 17, 2024
Temasek-backed Indonesian unicorn eFishery suspends founders, appoints interim CEO, CFO – report
In July last year, eFishery announced it has raised $200 million in its Series D funding round. The round was led by Abu Dhabi-based global fund manager 42XFund and backed by Malaysia’s largest public sector pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), Switzerland-based asset manager responsAbility, early investor multi-stage venture…
December 16, 2024
Gobi Partners announces Techxila Fund II & signs MOU with Bank of Punjab to drive economic cooperation
The launch of $50 million Techxila Fund II builds on the success of Gobi’s first Pakistan-focused venture capital fund, which has invested in 22 startups to date.
December 16, 2024
News,Telecommunications,Malaysia
Telekom Malaysia unveils sovereign GPU-as-a-service
Telekom Malaysia (TM), a Malaysia-based telecommunication firm, has on last Friday unveiled its sovereign GPUas-a-service (GPUaaS).
December 16, 2024
News,Blockchain / Crypto,Singapore
Singaporean DePIN startup Copute secures ICP community grant
Singaporean DePIN protocol Copute has secured a community grant from DFINITY Foundation, a Swiss non-profit organization that has a focus on the research and development (R&D) of blockchain technology.
December 16, 2024
News,Malaysia,China,Electric Vehicles & Mobility
DRB-Hicom, Geely ink MOUs with MIDA, MARii to boost AHTV development
Malaysian conglomerate DRB-Hicom Bhd with its joint venture partner Chinese automaker Zhejiang Geely Holding Group have inked memorandum of understandings (MOU) with two government bodies, namely with Malaysian Investment Development Authority (MIDA) and Malaysia Automotive, Robotics and IoT Institute (MARii) to promote the development of the Automotive…
December 16, 2024
Malaysia-based YTL Power’s 100MW AI data center construction is on track
MIDF Research said Monday that Malaysia-based YTL Power International Bhd's 100MW artificial intelligence (AI) data center construction in Johor is on track.
December 16, 2024
News,SEA,eCommerce,Singapore,FinTech
Maybank expects e-commerce/on-demand services growth for Singapore internet firms to be sustained over the medium term
Maybank Investment Bank said Monday that it expects core e-commerce/on-demand services growth of internet companies in Singapore to be sustained over the medium term owing to under-penetration.
December 16, 2024
EQT completes acquisition of PropertyGuru
EQT Private Capital Asia has completed the acquisition of the Singapore-based property technology (PropTech) company PropertyGuru Group.
December 16, 2024
1337 Ventures Invests in Malaysian neo banking platform Vircle
1337 Ventures, through its 1337 Accelerator Fund I, has announced its investment in Vircle, a Malaysian neo banking platform focused on transforming financial literacy for children.
December 13, 2024