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Global deeptech startups contest X-PITCH is open for applications

X-PITCH, an annual startup contest for global deeptech startups in Singapore, is open for application. Ten awards will be presented at the November 10 Grand Finale, with the top three teams receiving investments totaling at least $1 million.

Malaysian foodtech firm GoodMorning Global raises $4.4M via equity crowdfunding

GoodMorning Global Group, a Malaysia-based foodtech firm, has raised MYR 20 million ($4.41 million) via equity crowdfunding. The firm has raised the fund from 1,046 investors.

Malaysia’s Capital A seals partnership with Philippine’s UnionDigital Bank

Malaysia-based multinational low-cost airline Capital A is entering into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, involving three key subsidiaries, namely AirAsia, airasia Superapp, and BigPay.

person using computer and two Rubik's Cube near monitor

The global need for Web3 technology and the importance of education

#Blockchain use cases are infinite. The technology can be used to guarantee transparency within business transactions, ensure easy access to capital, and securely store important data. In order for #Web3 adoption to continue, we need to invest in Web3 talent and ensure the fostering of developers' abilities.

Malaysia’s airasia Superapp 2Q average monthly active users up 40 percent on year to 15M

Airasia superapp continued to gain strong momentum, recording its highest quarterly average monthly active users (MAU) of 15 million in the second quarter of 2023, up 40 percent year on year. This led to a 102 percent year on year jump in the number of transactions at 7.9 million.

73 percent of consumers globally say they trust content created by generative AI, says study

A new study from the Capgemini Research Institute finds that consumers trust generative artificial intelligence (AI) to assist with financial planning, medical diagnosis, and relationship advice, as 73 percent of consumers globally say they trust content created by generative AI.

United Kingdom and Singapore enhance cooperation in sustainable finance, FinTech

United Kingdom and Singapore have agreed to enhance cooperation in sustainable finance and FinTech. They have agreed to contribute to efforts to develop global regulatory standards for crypto and digital assets as part of international standard setting bodies such as IOSCO, and working groups under the Financial Stability Board (FSB), and welcomed the FSB…

SK Telecom, Deutsche Telekom, e& and Singtel form Global Telco AI alliance

Telecommunication firms - South Korea-based SK Telecom, Germany-based Deutsche Telekom, Abu Dhabi-based e& and Singapore-based Singtel - have on Thursday announced that they formed the Global Telco AI Alliance to create a new customer experience and make a difference in the lives of global citizens using artificial intelligence (AI) technology.

Hong Kong’s Immuno Cure completes $12M first close of Series A financing led by Gobi Partners

Hong Kong-based biotech firm Immuno Cure BioTech (Immuno Cure) announced Thursday that it has closed the $12 million tranche in the $27 million Series A fundraising round. Led by the AEF Greater Bay Area Fund that Gobi Partners GBA (Gobi GBA) manages, this round will be used to accelerate the development of DNA vaccines and antibodies, as well as to prepare…

Animoca Brands to invest $30M in Hong Kong Web3 financial app hi

Hi, the Hong Kong-based Web3 financial app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, Animoca Brands will invest $30 million in hi and collaborate on a number of…