News

The New York Stock Exchange (NYSE) and Singapore Exchange (SGX) announced Thursday the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. This collaboration represents an important initiative for both markets.

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

The Institute of Operations Research & Analytics (IORA) at the National University of Singapore and Pickupp, an on-demand delivery platform, have recently signed a Research Collaboration Agreement for a two-year project. The project aims to set a new benchmark in logistic and fulfilment efficiency.

MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (“MAS”), announced on Thursday the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm strengthens its end-to-end suite of Carbon as a Service (CaaS) products to…

Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by 2030. Its decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.

With digitalization key to accelerating the transformation of the built environment sector, the recent government-led Smart Nation initiatives reinforce the need to build a Digital Economy, encouraging businesses to integrate technology and solutions such as data analytics, artificial intelligence (AI), and the Internet of Things (IoT) into existing work…

Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund Panthera Peak. Other investors include; Dexler Holdings, Chef Manu Chandra and a group of domestic family offices and angel investors.

Thailand’s leading courier company, Thailand Post Distribution, signed a Memorandum of Understanding (MOU) on Wednesday, with Singapore-based smart mobility firm, SWAT Mobility.

Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s efforts in growing a high-skilled workforce to solve customers’ pain points in the car ownership journey.