News
DBS sees up to $1.3B opportunity in live commerce market in Singapore
Live commerce, otherwise known as livestream shopping, is growing into a major sales channel in Singapore, with the market set to generate up to $1.3 billion in sales this year, according to new research by DBS.
Temasek backs Swedish clean energy-tech firm Aira’s $175M funding
Swedish direct-to-consumer clean energy-tech Aira has secured €150 million ($175 million) equity financing to accelerate the electrification of residential heating in Europe.
Malaysia’s Zetrix AI launches Shariah-aligned large language model “NurAI”
Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, has on Tuesday unveiled NurAI, a Shariah-aligned, Islamic values-based large language model (LLM).
Singapore’s bolttech sets up expert advisory board to support strategic growth
Singapore-based insurtech bolttech announced Tuesday the formation of its newly established Advisory Board, an external panel of experts, thought leaders, and industry specialists, to provide bolttech’s leadership with high-impact strategic advice and insights to support the company in its next stage of growth.
Temasek Trust and Kibo Invest lead $11.6M funding in climate tech firm Equatic
Equatic, a global company in combined carbon dioxide removal and green hydrogen production, announced Monday the successful closure of its Series A funding round of $11.6 million.
Malaysia’s Naluri raises $5M Series-B equity funding
Naluri Pte Ltd, a Malaysia-based digital employee health and wellbeing provider, announced Tuesday the successful completion of a $5 million Series-B equity fundraising round.
Ant International partners Abu Dhabi Investment Office and receives IPA from Central Bank of the UAE to support local digitalization and fintech strategy
Ant International, a Singapore-based digital payment, digitization and financial technology provider, announced Monday two milestones that mark a significant step forward for its business expansion in the United Arab Emirates (UAE).
Teleport partners ANAABU to launch PORTALWEAR collection
Teleport, a Malaysia-based logistics company, and ANAABU, a Malaysian unisex clothing brand, have embarked on the first-ever brand collaboration.
VentureTECH invests in Malaysia’s EMS solutions firm Evenesis
VentureTECH Sdn Bhd, an impact investment company, has announced a strategic investment in Y Us Sdn Bhd (Evenesis), a Bumiputera company pioneering an end-to-end event management software (EMS) solutions and managed services platform.
JC3 to advance climate agenda through coordinated and collaborative efforts
The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC), said Monday it remains committed to advancing the climate agenda through coordinated and collaborative efforts.
