China
Nearly One in Five Cars Sold This Year Will Be Electric — International Energy Agency
Electric car sales are generally low outside the major markets, but 2022 was a growth year in India, Thailand and Indonesia. Collectively, sales of electric cars in these countries more than tripled compared to 2021, reaching 80,000.
Cainiao Ranks Top 10 in Hurun Report’s Global Unicorn Index 2023
Cainiao emerged as the 10 th best performing unicorn in the world with an estimated valuation of $27 billion, an $8 billion increase from the company’s pre-pandemic valuation.
China’s Huawei featured in Singapore’s Best Employers List for 2023
Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research firm Statista on Tuesday.
Singapore’s eCommerce web design agency Verz Design raises $2M in Series A round
Verz Design, a Singapore-based web design agency and digital solutions agency, has on Tuesday announced that it has secured a $2 million investment from Meetsocial, a China-based digital marketing firm.
Malaysia, China explore blockchain technology for PCO to facilitate Malaysia’s exports to China
Malaysia and China are exploring blockchain technology for preferential certificate of origin (PCO) to better facilitate Malaysia's exports to China.
Kairous Capital to establish Malaysia-China Digital Cooperation Council & development fund to invest in tech sector in both countries
MCDCC also announced the establishment of the Malaysia-China Digital Cooperation & Development Fund to invest up to MYR1 billion ($226.28 million) in digital technology sectors, including digital applications, industrial big data, advanced manufacturing technology, industrial technology, and other sectors in Malaysia and China.
Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says
Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in China and Malaysia.
Hong Kong Web3 Festival 2023 to take place on April 12-15
Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organized by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.
Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia
Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the next phase of collaboration between the two companies for the development of the Automotive High-Tech Valley (AHTV) in Malaysia.
Malaysia’s MN Holdings partners China’s DC-Science to set up high performance data center in Malaysia
Malaysian underground utilities and substation engineering specialist MN Holdings Berhad is partnering China’s Shanghai DC-Science Co Ltd to develop its first high performance data center in Malaysia. The project, has an overall estimated value of over $600 million.
