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Installation of 10,000 EV charging points in Malaysia on track, 700 ready, according to ministry

The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…

DBS Bank launches accelerator in partnership with World Bank, Google Cloud

Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…

VinFast wins Corporate Sustainability Award

VinFast has won the "Corporate Sustainability Champions" - ORIGIN Innovation Awards 2022. In addition to recognizing how VinFast's impacts align with the Sustainable Development Goals of the United Nations, the award affirms VinFast's commitment to "creating a sustainable future for everyone."

India’s Dhiway raises $1M pre-seed funding from Cornerstone Venture Partners Fund and SUNiCON Ventures

Dhiway, an India-based blockchain startup, announced Monday it has raised $1 million in a pre-seed round led by Cornerstone Venture Partners Fund, SUNiCON Ventures and existing shareholders.

Indonesian DTC beauty and wellness Base lands $6M Series A round led by Rakuten Ventures

Base, a technology-based, vegan beauty and wellness brand in Indonesia, announced that it has raised $6 million in Series A funding to strengthen its positioning in Indonesia’s market and to continue fueling its growth. Rakuten Ventures led the round, along with participation from existing investors Antler, East Ventures, Skystar Capital, and Pegasus Tech…

Singapore HealthTech platform Speedoc closes $28M Pre-Series B Round

Speedoc, the Singapore-based online and offline health provider, announced Tuesday it has closed its $28 million pre-series B funding round. The round includes new investors including Bertelsmann Investments, Shinhan Venture investment and Mars Growth. Vertex Ventures Southeast Asia & India, which led Speedoc’s $5 million Series A funding round in 2020,…

Touch ‘n Go eWallet expands cross-border payment to China in collaboration with Alipay

Touch ‘n Go Group, via TNG Digital Sdn Bhd (TNG Digital), owner and operator of Touch ‘n Go eWallet, announced Monday it is expanding its cross-border payment capabilities to China through its collaboration with Alipay+, a suite of global cross-border digital payments and marketing solutions operated by Ant Group.

Techmurah partners Asia Pacific University of Technology & Innovation to nurture green tech youth entrepreneurs

Techmurah, a Malaysia-based electronic devices e-commerce platform, on Monday announced its collaboration with Asia Pacific University of Technology & Innovation (APU) to nurture green tech entrepreneurs among youth to create a greener environment.

Fundamental infrastructure will provide the most value for Web3 sector, says Thai-based SCB 10X’s Kris Supavatanakul

In the interview, Supavatanakul also shared his views on the potential of Web3 sector in Southeast Asia, the firm’s preferences and his suggestions for Web3 startups.