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Indonesia launches metaverse collaboration initiative to boost metaverse industry

Indonesia has made a significant move towards becoming a major player in the global metaverse industry with the launch of its Indonesia Metaverse Collaboration Initiative on 1 March 2023, in conjunction with the Mobile World Congress 2023 in Barcelona.

IHH Healthcare invests in digital mental health company Intellect

IHH Healthcare, a Malaysia-based international healthcare provider, has invested into Intellect, a digital mental health company based in Singapore.

Facebook-parent Meta to cut 10,000 jobs in second round of layoffs

Meta owns social media platforms including Facebook, Instagram and WhatsApp.

Alphabet-backed Anthropic launches ChatGPT competitor named Claude

According to Anthropic, Claude is a next-generation AI assistant based on Anthropic’s research into training helpful, honest, and harmless AI systems. Accessible through chat interface and API in its developer console, Claude is capable of a wide variety of conversational and text processing tasks while maintaining a high degree of reliability and…

MOGUL.sg unveils new online platform for homeowners

Singapore's property portal MOGUL.sg has on Tuesday unveiled its new online platform where homeowners can sell their property at 0 percent sales commission, a first in Southeast-Asia’s bustling real estate scene.

Singapore’s Green Li-ion secures $20.5M in Pre-Series B funding led by TRIREC

Green Li-ion, a Singapore-founded lithium-ion battery recycling technology company, announced Monday that it has raised $20.5 million in pre- series B funding led by Singapore-based decarbonization venture capital firm TRIREC.

The rise of web3 gaming: Opportunities and challenges

The emergence of web3 gaming presents a unique and exciting opportunity to bring gaming to the next level. By leveraging blockchain technology, web3 gaming offers players greater ownership, transparency, and control over their in-game assets and experiences.

Richard Li’s FWD filing HK IPO application again – report

According to the report, the IPO, whose proceeds will be used to fuel the firm’s growth, could come as soon as in the second quarter depending on market conditions.

Vietnam-based telehealth platform Medigo bags $2M in series A funding led by East Ventures

Medigo, a Vietnam-based telehealth platform that provides on-demand medicine prescription and delivery services, has successfully raised $2 million in a series A funding round led by East Ventures.

Visa partners GHL to offer consumers instalment options for in-store purchases in Malaysia

Global digital payments firm Visa has announced its partnership with Malaysia-based payments company GHL Systems Berhad to enable Visa Instalments for in-store purchases, a first of its kind initiative in Asia Pacific.