China
DRB-Hicom, Geely ink MOUs with MIDA, MARii to boost AHTV development
Malaysian conglomerate DRB-Hicom Bhd with its joint venture partner Chinese automaker Zhejiang Geely Holding Group have inked memorandum of understandings (MOU) with two government bodies, namely with Malaysian Investment Development Authority (MIDA) and Malaysia Automotive, Robotics and IoT Institute (MARii) to promote the development of the Automotive…
AirAsia MOVE, Tongcheng Travel team up to enhance travel solutions
AirAsia MOVE, a Malaysia-based online travel agent (OTA) in, has on Friday announced a partnership with Tongcheng Travel, a player in China’s travel industry, to enhance travel solutions.
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…
Alibaba Cloud revamps global partnership ecosystem to fuel AI-driven growth
The initiatives aim to foster the growth of global partners and accelerate the development and deployment of cutting-edge artificial intelligence and cloud computing solutions for businesses across various industries worldwide.
Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia
Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.
Hong Kong to offer crypto tax break for hedge funds, family offices – report
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.
An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part II
In the second part of the interview, Cyberport Chief Public Mission Officer Eric Chan shared Hong Kong’s uniqueness and competitive edge against other cities in China and across the region which also aimed to become tech hubs. He shared suggestions on how Hong Kong can further improve its tech ecosystem and his views on Southeast Asia, the Middle East, the…
An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part I
In a recent interview with TNGlobal at the Cyberport Venture Capital Forum 2024 in Hong Kong, Cyberport Chief Public Mission Officer Eric Chan shared Cyberport’s plans, its longer-term vision and strategies moving forward.
Temasek-backed 65 Equity Partners acquires 13 percent stake in Chinese cloud platform Tuya
Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).
Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.
