On location

Malaysia’s national car Proton hints about launching new energy vehicles soon – report

Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. In May 2017, Zhejiang Geely Holding Group and DRB-Hicom signed a deal that will see Zhejiang Geely Holding Group buy a 49.9 percent stake in Proton Cars.

Singapore’s Blockhead secures funding led by Franklin Templeton

Blockhead, a Singapore-based digital assets media publication, has announced the successful completion of its investment round. The investment is led by Franklin Templeton, one of the largest global asset managers.

UNOAsia secures $32.1M pre-series B funding for expansion in Philippines

Singapore-headquartered fintech firm UNOAsia Pte Ltd has raised $32.1 million in a pre-Series B round to propel its mission to reshape the future of banking in the Philippines. This funding round represents a blend of equity and debt, which augurs well for UNOAsia as it seeks to solidify UNO Digital Bank’s presence in the Philippines and to accelerate its…

Aerodyne partners DroneDash Technologies to introduce cross-border drone delivery services between Malaysia and Singapore

Aerodyne Group, a drone-based enterprise solutions provider headquartered in Malaysia, has on Wednesday inked an agreement with DroneDash Technologies (DroneDash), an air mobility company headquartered in Singapore, to introduce cross-border drone delivery services between Malaysia and Singapore.

NEXTGEN and Claroty team up with new distribution agreement

Singapore-based technology services firm NEXTGEN Group Asia and United States-based cyber-physical systems (CPS) protection company Claroty have announced a new distribution partnership extending across Singapore, Indonesia, and Philippines.

Singapore’s Transparently.AI secures investment from Franklin Templeton

Transparently.AI, a Singapore-based maker of artificial intelligence software that detects accounting fraud, has secured an investment from Franklin Templeton as part of its admission to the asset manager’s FinTech Incubator program.

Bangladesh’s PriyoShop raises $5M in Series A funding led by Century Oak Ventures

PriyoShop, Bangladesh’s business to business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), has on Tuesday announced the completion of a $5 million Pre-Series A round of financing led by Century Oak Ventures.

SPORTPASS partners Euroleague Basketball to deliver next-generation fan engagement and gaming experiences to fans

Sports and entertainment business firm Euroleague Basketball and fan engagement and gaming platform SPORTPASS are collaborating to reinforce Euroleague Basketball's gamification strategy.

TikTok still violates Indonesian in-app transactions ban, says minister – report

Teten Masduki, the Indonesian minister for small and medium enterprises (SMEs), told reporters that TikTok still had not complied with the regulation.

Singapore fintech platform Xalts acquires Contour Network from consortium of global banks

Accel and Citi Ventures-backed Singapore fintech firm Xalts has on Tuesday announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitization in trade and supply chain finance.