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GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.

The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.

Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private ownership under DRB Hicom. In May 2017, Zhejiang Geely Holding Group and DRB-Hicom signed a deal that will see Zhejiang Geely Holding Group buy a 49.9 percent stake in Proton Cars.

#Insurtech companies have emerged as catalysts for change, seamlessly integrating insurance into diverse platforms such as #ecommerce, #fintech, and #logistics. Through innovative solutions, they are democratizing access to insurance products, and bridging the gap between offline consumers and the digital marketplace.

Blockhead, a Singapore-based digital assets media publication, has announced the successful completion of its investment round. The investment is led by Franklin Templeton, one of the largest global asset managers.

Singapore-headquartered fintech firm UNOAsia Pte Ltd has raised $32.1 million in a pre-Series B round to propel its mission to reshape the future of banking in the Philippines. This funding round represents a blend of equity and debt, which augurs well for UNOAsia as it seeks to solidify UNO Digital Bank’s presence in the Philippines and to accelerate its…

Aerodyne Group, a drone-based enterprise solutions provider headquartered in Malaysia, has on Wednesday inked an agreement with DroneDash Technologies (DroneDash), an air mobility company headquartered in Singapore, to introduce cross-border drone delivery services between Malaysia and Singapore.

Singapore-based technology services firm NEXTGEN Group Asia and United States-based cyber-physical systems (CPS) protection company Claroty have announced a new distribution partnership extending across Singapore, Indonesia, and Philippines.

Transparently.AI, a Singapore-based maker of artificial intelligence software that detects accounting fraud, has secured an investment from Franklin Templeton as part of its admission to the asset manager’s FinTech Incubator program.

PriyoShop, Bangladesh’s business to business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), has on Tuesday announced the completion of a $5 million Pre-Series A round of financing led by Century Oak Ventures.