News
Coastal Sustainability Alliance invests $7.33M to advance maritime biofuel ecosystem in Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Tuesday announced its plans to advance the maritime biofuel ecosystem in Singapore with up to SGD 10 million ($7.33 million) in investments.
April 16, 2024
Lenovo partners NVIDIA to unveil hybrid AI solutions
Chinese multinational technology Lenovo has announced new hybrid artificial intelligence (AI) solutions via collaboration with American technology firm NVIDIA.
April 16, 2024
Tencent-backed Primer on track to hit 200 percent year-on-year revenue growth
Tencent-backed Primer, the unified infrastructure for global payments and commerce, has on Tuesday announced it's on track for 200 percent year-on-year revenue growth, as demand for unified payments continues to grow worldwide.
April 16, 2024
India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital
Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on Tuesday the funding round also saw participation from investors such as Dexter Capital, Aman Gupta, and Namita Thapar.
April 16, 2024
Tracxn : SEA FinTech startups see 13 percent decline in funding in first quarter amid slowdown in economic activity
The Southeast Asia (SEA) finTech sector secured funding worth $530 million in the first quarter of 2024, a 13 percent lower than the $607 million raised in the corresponding quarter last year, Tracxn said in a a report on Tuesday.
April 16, 2024
Malaysia’s Sunway inks TVET agreement with Ministry of Youth and Sports
Malaysia-based conglomerate Sunway and the National Youth Advance Skills Training Institute (IKTBN) in Dusun Tua, a public vocational school under the Ministry of Youth and Sports of Malaysia, have inked deal to foster closer cooperation focusing on Technical and Vocational Education and Training (TVET) in the fields of electrical and mechanical, and…
April 16, 2024
Analysts see renewable energy export a new growth driver for Malaysia
Analysts view the Malaysian government's move to set up an energy exchange platform to facilitate cross-border trading of renewable energy positively as it will boost the country's renewable energy industry.
April 16, 2024
Features,News,Singapore,eCommerce,SEA
Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report
Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.
April 16, 2024
Malaysia sets up energy exchange for cross-border green electricity sales
In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries.
April 15, 2024
Study: SEA’s 13 decarbonization investment ideas present $150B green economy market opportunities
Bain & Company, GenZero, Standard Chartered and Temasek have in their recent report highlighted top 13 decarbonization investment ideas in Southeast East Asia which present $150 billion green economy market opportunities.
April 15, 2024