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JC3 announces initiatives to support inclusive transition to greener economy in Malaysia
The Joint Committee on Climate Change (JC3), a platform established by public and private sectors to boost climate resilience within the Malaysian financial sector, has announced five key initiatives to expedite the transition of businesses and farmers towards low-carbon practices.
Singapore’s Protos Labs raises $2.2M in oversubscribed Seed round
Protos Labs, a Singapore-based cyber risk management company, has on Monday announced a successful seed round funding of SGD $3 million ($2.19 million). The seed round saw participation from several prominent investors, reflecting the growing importance of holistic risk prevention and transference solutions.
CIS 2023: accelerating growth while saving the world at Asia’s largest experiential technology & innovation conference
The theme of CIS 2023, "Accelerating Growth While Saving the World," highlights the importance of sustainable development for businesses, countries, and the region. It goes beyond simply applying technology and innovation to achieve exponential business growth, and instead focuses on developing businesses while concurrently fostering sustainability.
Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka
Alipay+, the payment platform of China-based Ant Group, announced Monday that it has partnered LankaPay, Sri Lanka’s National Payment Network, to enhance digital travel experience to and from Sri Lanka. The duo have recently signed an memorandum of understanding (MoU) towards enhancing inbound and outbound travel experience through cross-border digital…
Singaporean insurtech bolttech partners Three Sweden for device protection
Singapore-based insurtech, bolttech has on Monday announced its partnership with Three Sweden, an innovative telecommunications service provider based in Sweden, to offer comprehensive device protection solutions to customers both online and in-store. The partnerhip strengthens its existing collaboration with CK Hutchison Holdings (CKHH), building on other…
Peak XV’s Surge unveils ninth cohort
Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.
Malaysia’s EPMB invests $21M for new EV car manufacturing facility in Melaka
Malaysia-listed EP Manufacturing Berhad (EPMB) has announced that it will invest MYR 100 million ($20.98 million) to build an automotive manufacturing facility in Melaka, Malaysia. This strategic move is part of EPMB commitment to establishing a manufacturing hub for energy-efficient vehicles (EEVs) and electric vehicles (EVs) in Malaysia, contributing…
Vietnam’s VinFast enters into $1B share sale agreement with Yorkville Advisors
VinFast Auto Ltd. (VinFast) on Friday announced that it has entered into a standby equity subscription agreement with YA II PN, Ltd.(Yorkville). The subscription agreement highlights that VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1 billion of ordinary shares in VinFast at any time during the term of the…
Singapore’s Cosmos Innovation raises $19.7M in Series A round led by Xora Innovation, Temasek
Cosmos Innovation, an artificial intelligence (AI)-first company building next-generation perovskite silicon tandem (PST) solar cell technology, has on Thursday announced raising $19.7 million in total funding. The Series A round was led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek, a global investment company headquartered…
Tuya Smart teams up with T3 Technology & SCG to elevate Thailand’s smart living ecosystem as part of driving digital economy and creative economy
The Tuya Innovation Roundatable (Asia Pacific) on Wednesday also came after Tuya Smart, which has primary listings in both New York and Hong Kong, announced a partnership agreement with SCG in August. Media representatives were also given the opportunities to experience "mind" smart home solution and some other IoT products and services developed by SCG.
