Latest news and trends about tech
SC launches ICM Innovation Lab to advance Maqasid al-Shariah driven Islamic capital market innovation
The Securities Commission Malaysia (SC) announced Thursday the establishment of the ICM Innovation Lab (FIKRALab), a structured co-creation and applied research and development (R&D) platform to develop new Islamic capital market (ICM) products and instruments.
Australia’s Lynas, Korea’s LS Eco Energy to jointly product rare earth metals in Vietnam
South Korea's LS Eco Energy, under South Korea's giant LS Cable & System, in a cooperation with Australia's Lynas Rare Earth, will build a rare earth metal factory in Vietnam, the Australian firm announced Thursday.
Indonesia signals tighter scrutiny on Chinese e-commerce – Momentum Works
Indonesia is sending a clear message to foreign e-commerce platforms, particularly those linked to China, even as it stops short of an outright ban, according to market analysts Momentum Works.
DV8 to acquire Rakkar Digital, plans capital injection of $2.7M
Thailand-based media, advertising, and event management firm DV8 Public Company Limited has announced a strategic acquisition to acquire Rakkar Digital Company Limited to broaden its presence in Thailand’s digital asset services sector.
Iran conflict shifts battery upside to BESS and wider electrification – Fitch
China’s battery manufacturers’ technology and cost leadership should keep them as beneficiaries of the global energy transition following the Iran conflict and related supply shocks, said Fitch Ratings.
Middle East tensions pose mixed risks for semiconductor supply chain, Malaysia partially insulated – Maybank
Malaysia’s semiconductor industry, concentrated on assembly, test, and packaging (ATP), is relatively insulated from immediate supply disruptions caused by rising tensions in the Middle East, Maybank Investment Bank said Thursday.
Grab’s foray Into Taiwan will be credit neutral – S&P
Grab Holdings Ltd.'s proposed acquisition of Delivery Hero SE's Foodpanda delivery business in Taiwan will have little impact on its credit profile, S&P Ratings said Wednesday.
Germany’s semiconductor firm AIXTRON to build factory in Malaysia
Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.
University of Hong Kong, Asia-focused Gobi Partners launch joint fund to support startups, innovations
The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.
Startale closes $63M Series A investment from SBI, Sony Innovation Fund
Singapore-based blockchain firm Startale Group announced Wednesday the second close of its Series A round, securing $50 million from SBI Group, Inc.
