China
BEYOND Expo 2023 opens in Macao, redefining technology
The three-day expo will focus on showcasing and discussing technologies related to consumer technology, healthcare, and sustainability.
Total transaction value made via Alipay by Chinese tourists in Singapore almost doubled in Q1
Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists in Singapore via its app has almost doubled in the first quarter of 2023 compared to the previous quarter (Q4 2022).
Alibaba Cloud announces Tongyi Qianwen Partnership Program
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced the launch of “Tongyi Qianwen Partnership Program”, which aims to co-create large language models tailored for different industries with partners.
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.
