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Malaysia unveils blueprint for venture capital growth and economic empowerment

Malaysia has on Monday unveiled a blueprint for venture capital growth and economic empowerment. Crafted through meticulous collaboration and strategic foresight, this roadmap is set to ignite innovation, foster entrepreneurship, and drive economic growth across the nation.

MAS launches COSMIC to strengthen financial system’s defence against money laundering, terrorism financing

The Monetary Authority of Singapore (MAS) has on Monday launched COSMIC, the first centralized digital platform to facilitate sharing of customer information among financial institutions (FIs) to combat money laundering (ML), terrorism financing (TF) and proliferation financing (PF) globally.

FinDoc partners Malaysia’s CTOS to offer AI-enhanced ID verification in loan eligibility screening

FinDoc Sdn Bhd (FinDoc), a Malaysia-based FinTech startup, has announced a strategic partnership with CTOS Data Systems Sdn Bhd (CTOS), a Malaysia-based credit reporting agency, to offer artificial intelligence (AI)-enhanced ID verification in loan eligibility screening.

GGV Capital Asia rebrands as Granite Asia

GGV Capital, a global venture firm, has rebranded its Asian operations as Granite Asia, reflecting the plan to become the region’s leading multi-asset investment platform.

Capital A’s digital arm forms strategic partnership with Ant International

The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…

turned-on black and red computer tower

New business opportunities under the GPU gap

From AI startups like #OpenAI to the top three public clouds of Microsoft, Google, and Amazon, and new cloud service challengers like CoreWeave and Lambda, to large technology companies with #AI demands such as #Meta and Tesla, are all managing to take more #GPU computing power.

Malaysia’s MDEC to introduce new Malaysia Digital incentives

Malaysia Digital Economy Corporation (MDEC) under the newly established Ministry of Digital in Malaysia said it will introduce new Malaysia Digital (MD) tax incentives in May to boost Malaysia's digital leadership.

Indonesia’s PasarPolis reports two times revenue growth since its last funding round until 2023

PasarPolis, a Insurtech company based in Indonesia, has reported a 2 times revenue growth since its last funding round until 2023. It has maintained a positive gross margin since its first year of operation, demonstrating its financial strength and stability.

Vietnam’s VinFast officially starts sales of C-segment electric SUV in Indonesia

Vietnamese car maker VinFast Auto has officially opened sales of the VF e34, a C-segment electric sports utility vehicle (SUV) with a right-hand drive configuration, marking VinFast's first offering in the Indonesian market.

Singapore’s StealthMole bags $7M in Series A funding round led by Korea Investment Partners

StealthMole, a Singapore-based cybersecurity firm, has bagged $7 million in a Series A funding round led by Korea Investment Partners (KIP). The round was also joined by Hibiscus Fund, a multinational joint venture between RHL Ventures, Penjana Kapital, and KB Investment) and Smilegate Investment.