News

PropertyGuru reports $740,000 net profit in 4Q amid higher revenue

Singapore-based PropTech company PropertyGuru has reported net profit of SGD 1 million ($740,000) in the fourth quarter ended December 31, 2023 amid higher revenue, as compared to a net loss of SGD 5 million ($3.72m) a year ago.

East Ventures, Temasek Foundation launches second Indonesia’s climate tech innovations competition

East Ventures, a Southeast Asian sector-agnostic venture capital firm, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, have on Monday announced the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations…

Nokia partners Indosat Ooredoo Hutchison to nurture Indonesia’s digital talent, targeting AI adoption capability

Nokia and Indosat Ooredoo Hutchison (Indosat or IOH) have on Friday announced their collaboration in providing Bell Labs’ learning and certification programs to university students, aiming to enhance Indonesia’s digital talent competencies.

Singapore’s Tada launches ride-hailing services in Thailand to take on Grab – report

Tada is one of five ride-hailing platforms licensed by the Singapore Land Transport Authority over the past five years. It secured a ride-hailing licence from Thailand's Department of Land Transportation earlier this year.

Digido serves over one million Filipinos

Philippine consumer finance company Digido is has announced a significant milestone, having served over one million Filipinos through its safe, reliable and inclusive digital lending services.

Zetrix & Web3Labs’ Global Accelerator Program officially opens for registration

The global accelerator program initiated by Zetrix, a layer-1 blockchain platform utilizing Delegated Proof of Stake (DPoS) mechanism, in collaboration with Web3.0 startup hub Web3Labs, is officially open for registration.

Johor-Singapore Special Economic Zone to help create more tech startups, says Malaysia deputy tech minister

Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of Science, Technology and Innovation (Mosti) achieve its target of creating 5,000 startup companies by the end of 2025

Malaysia’s MOVE Digital sees revenue surge 72 pct in 2023

Malaysia-based MOVE Digital, digital arm of Capital-A which is formerly known as airasia Superapp, has achieved annual revenue of MYR 689 million ($145 million), marking a 72 percent year on year increase.

South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups

South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.

VinBrain and Global Fund continue joining forces to tackle Vietnam’s tuberculosis challenge through AI in 2024

VinBrain, an artificial intelligence (AI) HealthTech company within Vingroup conglomerate, has officially signed a commercial agreement with Global Fund to transfer Artificial Intelligence (AI) technology for Tuberculosis (TB) screening and detection as part of Vietnam's National Tuberculosis Prevention Campaign.