News

Animoca Brands Japan appoints Kensuke Amo as Chief Operating Officer

Animoca Brands Japan, a strategic subsidiary of Hong Kong gaming firm Animoca Brands Corporation Limited, announced Thursday the appointment of Kensuke Amo as its Chief Operating Officer, effective on February 1, 2024.

Malaysian RE developer Ditrolic Energy secures investment backing from BlackRock’s Climate Finance Partnership

Malaysian renewable energy (RE) developer Ditrolic Energy Holdings Sdn. Bhd. has secured investment backing from global asset management company BlackRock’s Climate Finance Partnership1 (CFP), its flagship public-private finance vehicle. The duo have entered into an agreement in which CFP will back Ditrolic Energy’s expansion to build commercial and…

Deloitte: Asia Pacific’s financial services sector faces risks of generative AI

Financial firms are now facing new and exacerbated risks such as bias, governance, accountability and data protection across the artificial intelligence (AI) lifecycle, as well as regulatory risk and strategic risk, said Deloitte on Wednesday.

Salesforce startup program launches in Singapore to foster growth and innovation

Salesforce, an American cloud-based software company, has announced the launch of its Salesforce Startup Program in Singapore to foster growth and innovation for the country’s vibrant startup ecosystem.

Singtel advances AI development in Singapore and the region with strategic partners

Singapore Telecommunications Limited, commonly known as Singtel, has on Wednesday debuted its initiative to advance artificial intelligence (AI) development in Singapore and the region, tying up with global and local ecosystem partners across AI, renewable energy, sustainable technologies and talent development.

Vietnam’s BlokID raises $1.25M in seed funding led by Ascend Vietnam Ventures, AppWorks

BlokID, a Vietnam-based developers of blockchain-powered privacy protection solutions for the digital advertising industry, has on Wednesday announced the completion of a $1.25 million seed round of financing led by Ascend Vietnam Ventures (AVV) and AppWorks.

Animoca Brands partners LightLink to enhance Web3 gaming experiences with gasless on-chain transactions

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced a strategic partnership with LightLink, an Ethereum Layer 2 blockchain, to enhance Web3 gaming experiences with gasless on-chain transactions.

Antler leads $5.1M Pre-Seed funding for 37 startups in SEA

Antler, the global early-stage venture capital firmbased in Singapore, has on Wednesday announced its largest pre-seed investment round to date, committing $5.1 million to 37 startups across Southeast Asia.

917Ventures’ Fundspace offers digital-based solution to Philippine MSMEs

As fund sufficiency remains a major challenge for MSMEs , particularly in emerging markets, 917Ventures’s loan aggregator Fundspace is offering MSMEs and local entrepreneurs a swift, user-friendly, and easily accessible digital solution tobridge the financing gap in the Philippines.

Vingroup plans to invest in Philippine market, starting with establishment of VinFast’s network of EV & motorcycle dealerships

VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.