News

MDEC & martech web3 firm Emerge Group form strategic partnership to propel Malaysia as a Web3 gaming hub in SE Asia

EMERGE Group will leverage its extensive network of Web3 gaming partnerships, including collaborations with Gala Games, Immutable X, TZ APAC, Sei and other leading Web3 gaming projects, to identify synergies and advance Web3 game publishing.

US’s KLA completes first phase of $200M Singapore operations expansion

United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.

Malaysia’s pitchIN partners Hata to enhance trading of locally issued digital assets and tokens

Malaysia's equity crowdfunding platform pitchIN has on Wednesday announced a strategic partnership with cryptocurrency exchange Hata to enable trading of digital assets and utility tokens issued through its Token Crowdfunding (TCF) platform.

Bursa Malaysia, TNG Digital, Affin Hwang Investment team up to launch equities market trading feature within the TNG eWallet

Bursa Malaysia Berhad, TNG Digital Sdn. Bhd., and Affin Hwang Investment Bank Berhad have on Tuesday announced the launch of e-Trade, the first equities market trading feature within the TNG eWallet.

Tracxn : SEA tech startups funding plunges 59 percent in first nine months of 2024

Southeast Asia (SEA) tech startups funding plunge 59 percent in the first nine months of 2024 amid global challenges, a report said Friday.

ASEAN GenAI sector funding seen to grow 50 percent year-over-year in 2025

GenAI Fund, through its latest report, has projected the funding for ASEAN generative artificial intelligence (GenAI) sector to increase 50 percent year-over-year in 2025.

Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation

Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing artificial intelligence (AI), Digital innovation.

Filipino AI startup Clout Kitchen raises $4.45M from a16z SPEEDRUN, Peak XV’s Surge & AppWorks

The round was co-led by a16z SPEEDRUN and Peak XV’s Surge – with participation from Taiwan’s AppWorks, Antler, Hustle Fund, Founders Launchpad, Orvel Ventures, and founders & creators like Gabby Dizon (YGG), Kun Gao (Crunchyroll), Voyboy, Jankos and Perkz.

Mocaverse partners Square Enix’s ‘SYMBIOGENESIS’ to accelerate Web3 user onboarding

Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced that has partnered with SYMBIOGENESIS, the non-fungible token (NFT) collectible art project of Square Enix to promote user onboarding from Web2 to Web3.

Malaysians lose $2.8B to scams in a year as AI-powered scam on the rise

Malaysians lose $12.8 billion to scams in a year, equivalent to 3 percent of the nation's gross domestic product (GDP), as artificial intelligence (AI)-powered scams on the rise, a report said Thursday.