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Income tax will apply to NFT transactions, says Singapore Finance Minister – report
This will apply to individuals who derive income from NFT transactions or from trading in NFTs.
AirAsia Parent Capital A unable to get $120M govt-guaranteed loan
Capital A is exploring other available debt financing alternatives with acceptable terms suitable to the operations and financing requirements of the company.
AWS launches two global accelerator programs to help startups solve challenges in the cloud
Amazon Web Services (AWS) announced Thursday the launch of two global accelerator programs to help startups address some of the world’s most pressing challenges in space and sustainability while building successful, cloud-based businesses.
AWS signs new Cloud Framework Agreement with Malaysia govt to power public sector innovation
Amazon Web Services (AWS) has signed a new Cloud Framework Agreement (CFA) with the Malaysian government, together with local information technology (IT) provider and AWS partner Radmik Solutions Sdn Bhd to help accelerate cloud adoption in the public sector and help agencies save costs, boost digital skills, and drive innovation.
Singapore EdTech firm Cialfo secures a further $20M Series B funding led by Tiger Global
Cialfo has secured a further $20 million in funding as part of a Series B extension, led by United States-based investment firm Tiger Global. The news follows January’s announcement of a $40 million round co-led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. This brings the total raised to date to $77 million, including…
Malaysia’s MYEG launches global NFT marketplace known as NFT Pangolin
MY E.G. Services Berhad (MYEG) announced Thursday the company’s official entry into the non-fungible token (NFT) space with the launch of NFT Pangolin. The global NFT marketplace supports the issuance and trading of NFTs and is set to operate on the soon-to-be-launched Zetrix Layer 1 blockchain network which serves as a parallel chain to the International…
Hong Kong’s Kicks Crew raises $6M in Series A funding led by Gobi Partners and Pacific Century Group
Kicks Crew announced Wednesday the closing of $6 million in Series A funding led by Gobi Partners and Pacific Century Group. The capital raised will assist in strengthening the company's foothold in the United States market, attract talent across engineering, product, and marketing teams, and introduce a headquarters in Los Angeles.
Carsome appoints Digbijoy Shukla as Head of M&A, Ecosystem Strategy
Carsome Group (Carsome) has appointed Digbijoy Shukla as its Head of Merger and Acquisition and Ecosystem Strategy. In this new role, Shukla’s key responsibility is to develop an end-to-end ecosystem strategy for Carsome to ensure a seamless experience throughout the automotive ownership journey. It includes staying close to the automotive ecosystem in…
Japan’s MUFG Bank to invest $300M in Indian startups
MUFG Bank plans to invest $300 million in Indian startups through the new MUFG Ganesha Fund. Through this fund, MUFG Bank will invest in middle- to late-stage Indian startups. In the future, the bank will aim to leverage its group strengths to provide a wide range of financial services to its portfolio companies.
