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Singapore Exchange and New York Stock Exchange announce collaboration including companies dual listing

The New York Stock Exchange (NYSE) and Singapore Exchange (SGX) announced Thursday the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. This collaboration represents an important initiative for both markets.

Singaporean multi-currency stablecoin protocol Bluejay Finance bags $2.9M funding

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

New World Development, Shell & Sime Darby Motors commit $6.37M to New World Green Transport Alliance

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

Pickupp And NUS collaborate to develop solutions aimed at revolutionising the Logistics Industry

The Institute of Operations Research & Analytics (IORA) at the National University of Singapore and Pickupp, an on-demand delivery platform, have recently signed a Research Collaboration Agreement for a two-year project. The project aims to set a new benchmark in logistic and fulfilment efficiency.

Tablevibe partners DoorDash to offer restaurants commission-free online ordering

Y Combinator-backed startup Tablevibe partners with Foodpanda, DoorDash, and other delivery platforms to offer a commission-free online ordering system to over one million restaurants in Southeast Asia, Australia, and North America. The Singapore-based venture is the world’s first business to tie up with leading delivery platforms across these regions.

Singapore-based MetaVerse Green Exchange steps up climate action in Southeast Asia with appointment of former Bank of England Senior Advisor

MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (“MAS”), announced on Thursday the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm strengthens its end-to-end suite of Carbon as a Service (CaaS) products to…

Brinc partners DayDayCook to invest $10M in food technology companies

Brinc, a Hong Kong-based venture accelerator with a global sustainability mandate, and DayDayCook, a Hong Kong-based content-to-commerce culinary platform, announced Thursday a commitment of $10 million to invest in food technology companies that are developing the sustainable, animal-free, global food ecosystem and scaling commercialization in Greater…

Samsung SDI invests $1.3B in cylindrical battery lines in Malaysia

Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by 2030. Its decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.

Bezos-backed Ula wants to help digitalize MSMEs in Indonesia. Here’s how. [Q&A]

We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its plans and strategy after securing funding, among other issues.

SGTech launches Smart Nation Colab to strengthen SMEs role in Singapore’s Smart Nation vision

With digitalization key to accelerating the transformation of the built environment sector, the recent government-led Smart Nation initiatives reinforce the need to build a Digital Economy, encouraging businesses to integrate technology and solutions such as data analytics, artificial intelligence (AI), and the Internet of Things (IoT) into existing work…