News

Grab Holdings President Ming Maa to step down April-end next year

Southeast Asia's superapp Grab Holdings announced Tuesday that its President Ming Maa has decided to step down from the company at the end of April 2024. In the interim until end-April 2024, Maa will focus on his corporate development responsibilities as he transitions away from his role as President.

Singapore’s Augmentus raises $5M in Series A funding led by Sierra Ventures

Augmentus, a Singapore-based firm in no-code robotics software, has successfully raised $5 million in Series-A funding. The round was led by Sierra Ventures, along with Cocoon Capital.

Malaysia’s Iskandar Investment Berhad launches Net Zero Carbon Central Business District

Malaysia-based Iskandar Investment Berhad (IIB) has cemented its commitment to environmental, social, and corporate governance (ESG) initiatives with the launch of Net Zero Carbon Central Business District (CBD).

Taiwan’s Profet AI launches enterprise AI lifecycle management platform for AI governance

Profet AI, a Taiwan-based enterprise artificial intelligence (AI) application provider for the manufacturing industry, has announced the official launch of AI Lifecycle Management Platform (AILM), an enterprise platform for AI governance.

Philippine Hive Health acquires HMO service provider Health Plan Philippines, Inc.

Hive Health, a Philippine-based digital health insurance startup, has acquired Health Plan Philippines, Inc. (HPPI), one of the Health Maintenance Organization (HMO) service providers in the country. With this strategic initiative, Hive Health will be able to share its technology and data-driven innovations with HPPI’s existing members.

MAS, Temasek Trust collaborate to accelerate growth of FinTech and impact ecosystem

Monetary Authority of Singapore (MAS) and Temasek Trust have collaborated to accelerate growth of FinTech and impact ecosystem. Temasek Trust has signed a letter of intent (LOI) with the MAS to explore a common FinTech and impact investment roadmap, and an interoperable technology framework to facilitate cross-platform collaborations between open…

Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype

Malaysia-based energy firm Yinson Holdings Berhad (Yinson)'s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of its all-electric crew transfer vessel, the Hydroglyder.

Singapore’s Wind.App raises $3.8M funding from Global Founders Capital, Spartan Group

Singapore fintech firm Wind.App has announced a successful $3.8 million pre-seed funding round. The round was co-led by Global Founders Capital and Spartan Group, and saw participation from prominent investors, including Saison Capital, Alumni Ventures and Tiny VC.

Chiliz welcomes Animoca Brands to its SportFi ecosystem

Malta-based blockchain firm Chiliz announced on Monday that Hong Kong-based gaming firm Animoca Brands has joined its blockchain network as a validator and leading participant, further decentralizing the governance of Chiliz Chain.