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Thailand expects Tesla, Google, Microsoft to invest $5B — report
"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers," Thailand's Prime Minister Srettha Thavisin said.
Vietnamese Internet Platform VNG postpones US IPO – report
VNG has been exploring going public in the US since at least 2017.
Japan’s Incubate Fund Asia announces first close of $50M third fund
Japan's venture capital firm Incubate Fund Asia has on Thursday announced the first close of its third fund which has a target corpus of $50 million. The fund is expanding its focus on supporting pre-seed and seed-stage startups in India and South East Asia (SEA).
Ant Group introduces ten Asian e-wallets to China to boost cross-border mobile payment
Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.
Malaysian pension fund KWAP launches $107M to boost Malaysia’s venture and startup ecosystem
Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Thursday announced the launch of Dana Perintis, aimed at injecting vitality into Malaysia's venture and startup ecosystem. With a commitment to invest up to MYR 500 million ($106.6 million) over the next 18 to 24 months, KWAP is set to empower early-stage companies, drive…
Delivery Hero’s foodpanda’s business could be sold to Grab? – report
Delivery Hero plans to sell its activities under the foodpanda brand in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand.
GovWare Conference and Exhibition to be held from Oct 17- 19 at Sands Expo and Convention Center, Singapore
GovWare Conference and Exhibition, the region's premier cybersecurity event, is gearing up to make a strong and impactful return from 17 to 19 October 2023, at Sands Expo and Convention Centre in Singapore.
Pakistan’s Truckistan Technologies secures $1M initial funding
Truckistan Technologies, the Pakistan-based tech-enabled less-than-truckload (LTL) company, has on Tuesday announced its successful seed fundraising round. The final amount is nearly $1 million with some late-stage participants yet to finalize their commitments.
Revolutionizing the Philippines’ food industry: Unleashing innovation and technology
Amidst challenges, technology emerges as a beacon of hope. Inaccessible infrastructure and logistics impede the seamless movement of food from farms to tables. While arable land is abundant, productivity lags behind due to a lack of technological access and innovation. Part of the solution lies in democratizing technology, making it accessible and…
