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Maybank sees Indonesia’s new logistic regulation to benefit third-party players

Maybank Investment Bank said Wednesday that Indonesia's new logistics rules to benefit third-party logistic providers.

Singapore’s Quantified Energy secures Series A funding led by Vertex Ventures Southeast Asia & India

Quantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday.

StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger

StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain.

Singapore’s Investigate VC launches $500M global fund series

Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series - Fund 2 (I-III).

Vietnam’s FPT, China’s Sunline form strategic partnership to accelerating digital transformation in banking sector

Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.

NAPAS partners Mastercard to launch Vietnam’s first co-badged card across six banks

The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.

Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detection

PHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round.

Proptech firm MilikiRumah launches maiden private equity fundraise of $50M

MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.

Singapore’s Whale secures $60M to expand enterprise AI suite globally

Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.

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Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University

Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).