On location
MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development
Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s largest multi-scenario autonomous vehicle (AV) experimental laboratory known as AV XL at MRANTI Park, Malaysia.
Singapore’s LXA raises $10M in seed funding round led by NEA
LXA, a Singapore-based fintech startup, has on Wednesday announced the completion of its $10 million seed funding round led by New Enterprise Associates, Inc. (NEA). The round also saw participation from Openspace Ventures and EDBI.
Analyst sees challenges for Malaysia to embrace electric vehicles
Malaysian analyst Affin Hwang Investment Bank has foreseen challenges for Malaysia to embrace electric vehicles (EV). The research house said in a report on Wednesday that the rollout of the EV infrastructure in Malaysia and for Malaysia to become a suitable EV investment destination are still facing several challenges.
Singapore’s Glints appoints former Gojek Exec Jessica Le as Vietnam General Manager
Glints, the Singapore-based talent platform and solution, has on Tuesday announced the appointment of Jessica Le as its new general manager in Vietnam. Under Le’s leadership, she will be responsible for overall business strategy and operations in Vietnam.
Baby Shark creator The Pinkfong Company partners TinyTap to develop early learning, entertainment in digital space
The Pinkfong Company, a South-Korea based entertainment company behind “Baby Shark,” has partnered with TinyTap, a edtech platform for user-generated educational games of Hong Kong-based gaming firm Animoca Brands, to develop early learning, entertainment in digital space.
Dat Bike launches mass-market electric scooter to accelerate green mobility adoption in Vietnam
Dat Bike, Vietnam’s domestic electric two- wheeler manufacturer, has launched its first electric scooter to accelerate green mobility adoption in the country. The Quantum, featuring a contemporary design and engineered with breakthrough technology for high performance at a competitive price point, is Dat Bike’s flagship model made for mainstream……
Singapore’s Entropica Labs secures $ 4.7M Series A funding to fuel software development and boost talent
Singapore-based quantum software startup Entropica Labs has raised $4.7 million in a Series A funding round led by Italian Deep Tech venture capital firm Liftt and existing investor Wavemaker Partners.
Japan’s Sumitomo Life invests additional $133M in Singapore’s Singlife
Singapore homegrown financial services company Singlife has on Wednesday announced Japanese insurance company Sumitomo Life Insurance Company (Sumitomo Life) has increased its investment in the company by way of a capital injection amounting to SGD 180 million ($132.64 million).
Carsome appoints Miguel Fernandez as CFO
Southeast Asia’s largest integrated car e-Commerce platform Carsome Group Inc. has on Wednesday announced the appointment of Miguel Fernandez as its Group Chief Financial Officer, effective from November 1, 2023.
Malaysia’s Maybank expands cross-border services to China; boosts ASEAN financial integration
Malaysian lender Malayan Banking (Maybank) has on Wednesday announced the expansion of its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying its existing cross-border payment capabilities and enhancing the ease and efficiency of financial transactions.
