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ASEAN emerges as key market, manufacturing hub for EVs – BMI
As electric vehicle (EV) adoption accelerates across South East Asia, ASEAN is evolving from an emerging demand center into an increasingly important manufacturing and supply-chain hub, BMI Country Risk and Industry Research said Thursday.
US investor Srinivasan seeks meeting with Anwar’s office after startup school in Forest City raided
Earlier this week, Malaysia launched an immigration probe into people associated with Srinivasan's startup school, saying that individuals may have flouted immigration rules.
Singapore’s cryptography solution firm pQCee raises $3.9M seed round to scale quantum-safe encryption globally
Singapore-based pQCee, a post-quantum cryptography solutions firm, has raised $3.9 million in a seed funding round co-led by SGInnovate and Lotus One Investment, with participation from In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings, and Apsara Investments.
Singaporean-founded Paymonade secures license to provide crypto-asset services in Europe
Singaporean-Founded Paymonade has been granted a MiCA license by Liechtenstein's Financial Market Authority (FMA) to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable license.
Singapore’s Crypto.com secures $400M strategic investment from Citadel Securities
Crypto.com announced Thursday a strategic $400 million investment from Citadel Securities valuing the company at $20 billion.
Singapore’s Whale raises $40M to bring Series C to $100M, targets MENA, Europe
Singapore-based enterprise AI company Whale has raised $40 million in a Series C extension, bringing its total Series C funding to $100 million, as it looks to expand operations across North America, the Middle East, and Europe.
The next 500 million investors won’t look like the last 500 million
We believe the platforms that will shape the next chapter of wealth management won’t necessarily be the ones serving the most sophisticated investors. They’ll be the ones that bring the most people into the system for the first time and build the trust to keep them there.
Thai Aviation Industries signs airport modernization MOU with Spain’s Amadeus, UAE’s Edgewater
Thailand's Thai Aviation Industries (TAI), UAE-based Edgewater Solutions Limited, and Spain's Amadeus will jointly develop a modernization roadmap for passenger processing and airport operations across Thailand's international and regional airports.
Tighter digital rules could cut Malaysian startup VC funding by 26%: Oxford Economics
Restrictive digital regulations in Malaysia could reduce venture capital funding by 26 percent, equivalent to RM792 million ($170 million) less per year on average, period from 2026 to 2035.
Analysts see silver lining from the Iran War for Malaysia’s renewable energy sector
The Iran War has provided a silver lining for renewable energy (RE) in Malaysia due to rising grid power cost as a result of higher fuel prices (coal and Tier 2 gas) which has improved the economics for RE and driven stronger demand for RE as a cheaper alternative among consumers, analysts said in recent reports.
