News

Funding Societies extends partnerships with CGC Digital to boost Malaysian micro and small businesses financing

Funding Societies | Modalku, a Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs), has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad, to provide Malaysian micro and small businesses with broader and more affordable…

Singapore’s Tyme raises $250M in Series D funding round led by Nubank

Tyme Group, the Singapore-based multi-country digital banking group, has on Tuesday announced that it has raised $250 million in Series D funding round led by Brazilian neobank Nubank.

Half of workers in Singapore feel uncomfortable admitting AI usage at work, says new Slack Workforce Index

While artificial intelligence (AI) adoption is on the rise in Singapore, half of workers in the country feel uncomfortable admitting AI usage at work, according to Slack’s new Workforce Index.

Singapore and Australia expand cooperation on AI with new MOU

Singapore and Australia have signed a new Memorandum of Understanding (MOU) reaffirming their commitment to facilitate artificial intelligence (AI) adoption amongst their citizens and businesses, and promote responsible AI development and deployment.

Tech Data partners Dell Technologies to drive AI adoption in Singapore via the Dell AI Factory

Tech Data, a TD SYNNEX Company, and Dell Technologies have signed a memorandum of understanding (MoU) to accelerate access in Singapore to the Dell AI Factory, and its portfolio of products, solutions and services optimized for artificial intelligence (AI) workloads.

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).

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…

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.

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).

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.