Asia
Travel Alliance partners Grab, Trip.com for cross-border telco rewards program
The Travel Alliance, comprising Singtel, AIS, Globe, HKT, Optus, Taiwan Mobile and Telkomsel, has on Friday announced strategic partnerships with ride-hailing, delivery, and travel brands Grab and Trip.com for cross-border telco rewards program.
Singapore and Australia expand cooperation on AI with new MOU
Singapore and Australia have signed a new Memorandum of Understanding (MOU) reaffirming their commitment to facilitate artificial intelligence (AI) adoption amongst their citizens and businesses, and promote responsible AI development and deployment.
Gobi Partners announces Techxila Fund II & signs MOU with Bank of Punjab to drive economic cooperation
The launch of $50 million Techxila Fund II builds on the success of Gobi’s first Pakistan-focused venture capital fund, which has invested in 22 startups to date.
Solarvest partners Vista to develop solar projects in Malaysia, Brunei, Taiwan and Cambodia
Malaysian clean energy solutions provide Solarvest Holdings Berhad has partnered with Singapore-based renewable energy (RE) company Vista Contracting and Investment Global Pte Ltd, to jointly develop certain rooftop and utility scale solar projects in Malaysia, Brunei, Taiwan and Cambodia.
Equinix appoints Cyrus Adaggra as President for Asia-Pacific
Equinix, Inc., the global digital infrastructure company, has appointed Cyrus Adaggra, a four-year Equinix veteran, as President of Asia-Pacific (APAC).
UiPath collaborates with The Bank of East Asia on enterprise automation solutions
UiPath, a global enterprise automation and artificial intelligence (AI) software company, has announced its partnership with The Bank of East Asia, Limited (BEA) to scale the use of UiPath enterprise automation solutions as part of the bank's digital transformation strategy.
Australia’s Airwallex reports 83 percent revenue growth across APAC
Australian digital payment firm Airwallex said Wednesday it has reported strong year-on-year revenue growth across its Asia Pacific (APAC) region.
Cyberport’s AI Supercomputing Center officially commences operations
Hong Kong Cyberport’s Artificial Intelligence Supercomputing Center (AISC), first of this kind currently in Hong Kong, has officially commenced operations, and the AI Lab is also open concurrently.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
ADB approves $14.8M grant to accelerate climate action
The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $14.8 million to accelerate climate action, foster innovation, and strengthen private sector development across its regional operations.
