News
UEM partners local, foreign investors to develop hybrid solar photovoltaic power plant in Malaysia
UEM Group Berhad, the wholly-owned subsidiary of Malaysian sovereign wealth fund Khazanah Nasional Berhad (Khazanah), has inked Memorandums of Understanding (MoUs) with local and foreign investors to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) power plant integrated with a Renewable Energy (RE) Industrial Park in Malaysia.
Malaysia government, GLICs to invest $211M to support startups, technopreneurs
Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.
Cainiao launches first warehouse in Jakarta as part of regional cHub expansion plan
Cainiao Group, the logistics arm of Chinese conglomerate Alibaba Group Holding Limited, has on Thursday announced the launch of its first warehouse, Cainiao Cikarang Logistics Park, in Jakarta, Indonesia as part of its regional cHub expansion plan. In addition to the Indonesia cHub, Cainiao said that its smart infrastructure business is currently expanding…
Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors
Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief Executive Officer (CEO), to its Board of Advisors.
Singaporean government partners Google Cloud to launch AI Trailblazers to accelerate generative AI development
Singaporean government has partnered Google Cloud to launch “AI Trailblazers", which is designed to help organizations in Singapore identify real-world challenges that can be addressed with generative artificial intelligence (AI), build generative AI solution prototypes, and bring these prototypes to production.
Goodwater raises over $1B to support consumer technology startups globally
Goodwater, the United States-based venture capital fund exclusively focused on consumer tech investments, announced Tuesday that it has raised over $1 billion across its family of early and growth stage funds. With this raise, the firm accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good.
Singapore’s SUNRATE closes Series D-2 funding round led by Sequoia Capital Southeast Asia
SUNRATE, a Singapore-based intelligent global payment and treasury management platform, announced Thursday that it has raised an extended Series D (Series D-2) funding round from Sequoia Capital Southeast Asia (now known as Peak XV Partners).
Singapore’s Mirxes to list in Hong Kong after securing $50M in Series D funding
Mirxes Holding Company Limited, a Singapore-headquartered biotech firm, announced Tuesday that it has filed listing application with The Stock Exchange of Hong Kong Limited after securing $50 million Series D funding.
Foodpanda partners TabSquare to deliver AI-powered solutions to digitalize dining experiences in restaurants across Asia
Germany-based food and grocery delivery network Foodpanda has partnered with Singapore-based artificial intelligence (AI)-powered in-restaurant solutions provider TabSquare to jointly offer digital solutions for restaurants to streamline processes and elevate dining experiences.
