News

Malaysia’s DRB-Hicom and China’s Geely set framework for development of Automotive Hi-Tech Valley

Malaysian conglomerate DRB-Hicom has inked master collaboration agreement (MCA) with Chinese automkaer Zhejiang Geely Holdings Group for the development of the Automotive High-Technology Valley (AHTV) project in Malaysia.

Japan’s NTT launches $50M data center in Malaysia

NTT Ltd, a Japan-based information technology (IT) infrastructure and services company, has launched its new data center in Malaysia with an investment of over MYR 234 million ($50 million).

Vietnam’s game developers, publishers level up with Google Cloud to establish the country as a global games industry powerhouse

Vietnam’s game developers and publishers VNGGames, Amanotes, and Wolffun Game have levelled up with Google Cloud to establish the country as a global games industry powerhouse.

Abu Dhabi’s Masdar to invest $8B in renewable energy projects in Malaysia

Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates (UAE)’s clean energy powerhouse plans to invest $8 billion for renewable energy projects in Malaysia. Masdar will develop up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy……

Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M

Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).

Gojek expands services to users in Binh Duong and Dong Nai provinces

Indonesian technology firm Gojek has on Tuesday announced its expansion to Binh Duong (Di An, Thuan An, Thu Dau Mot) and Dong Nai (Bien Hoa) provinces, neighboring cities of Ho Chi Minh City (HCMC).

Jungle Ventures launches program to support early-stage startups

Singapore-based venture capital firm Jungle Ventures is launching First Cheque@Jungle, a bespoke program for partnering with seasoned operators at idea, pre-seed and seed stages.

Singapore’s UnaFinancial partners with UK’s Velexa to launch digital investing platform in the UAE

UnaFinancial (formerly known as Robocash Group), a Singapore-based fintech group, has partnered with Velexa, a United Kingdom-based wealthtech disruptor to launch a digital investing platform in the United Arab Emirates (UAE).

Bolttech, Allianz Partners team up to offer insurance solutions across APAC and US

Global insurance firm Allianz Partners and Singapore-based insurtech firm bolttech have announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States.

Singapore’s REPUBLIK closes $6M seed funding round, valued at $75M

REPUBLIK, a Singapore-based technology company, has announced the successful conclusion of its $6 Million seed funding round. The round saw participation from leading investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment…