News

Angel investing continues on, but with more caution and selection – Angel Central

AngelCentral, an established angel investor club in ASEAN, said Thursday that Angel investing continues on in the region but with more caution and selection.

IBM, NUS and Chiang Mai University partner to advance AI and quantum innovation across ASEAN

The United States-based technology firm IBM, National University of Singapore (NUS) and Chiang Mai University (CMU) have teamed up to advance artificial intelligence (AI) and quantum innovation across ASEAN.

Thailand’s GetLinks acquires Xccelerate to create Asia’s first end-to-end AI workforce ecosystem

GetLinks, a Thailand-based artificial intelligence (AI)-driven talent platform, is acquiring Xccelerate, an education technology company specializing in workforce development and digital skills upskilling in key domains such as AI, big data analytics, cybersecurity, and UX/UI design.

Grid issues, execution slow South and Southeast Asia’s green energy shift – S&P

Execution challenges, intermittency of renewable power and grid shortfalls are slowing the pace of energy transition in South and Southeast Asia (SSEA), S&P Global Ratings said Wednesday.

Bitget Wallet expands crypto payment offering to Asia-Pacific, including Malaysia

South Africa-based crypto firm Bitget Wallet has officially launched Bitget Wallet Card in selected Asia-Pacific markets including Malaysia, expanding its crypto payment offering to one of the world's most dynamic regions.

Indonesia’s Hangry secures $10.5M in Series A5 round to strengthen growth momentum

Hangry, Indonesia’s largest multi-brand virtual restaurant, announced Wednesday that it has raised a total of $10.5 million in its Series A5 funding round, led by Alpha JWC Ventures.

Singapore’s Antler backs ChatCut’s $1.35M seed round

ChatCut, a United States-based conversational artificial intelligence (AI) video editing platform, has closed a $1.35 million seed round led by China's ZhenFund with participation from Singapore's Antler.

Singapore’s Endowus closes $70M fundraise led by Illuminate Financial

Endowus, the Singapore-based independent wealth advisory and investment platform, announced Wednesday the close of its latest funding round, raising more than $70 million.

Singapore’s StraitsX raises $10M from UQPAY for regional expansion

StraitsX, the Singapore-based stablecoin settlement firm, has raised $10 million strategic investment from UQPAY, a cross-border payment solutions provider, for regional expansion.

Sasbadi, AGMO team up to develop Malaysia’s AI language model for education sector

Malaysia-based education solutions provider Sasbadi Holdings Berhad (SHB), through its subsidiary Sasbadi Online Sdn. Bhd. (Sasbadi), has entered into a joint venture cum shareholders’ agreement with Agmo Holdings Berhad (AHB), via its wholly owned subsidiary Agmo Capital Sdn. Bhd. (AGMOCAP), to jointly develop a large language model (LLM) specifically…