Economy
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Malaysia’s Stock Exchange Completes Southeast Asia’s First Securities Lending Blockchain PoC
As part of the country’s revolutionary overhaul of its lending market, Malaysia’s stock exchange announced that it has just completed the Association of Southeast Asian Nations (ASEAN) region’s first of its kind proof-of-concept…
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Insignia Ventures Closes Oversubscribed Second Fund at US$200M
The Singapore based group will continue to set a laser focus on Southeast-Asian early-stage tech startups.
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Fixanar enters partnership with Cathay Financial, Indovina to finance Vietnam’s SME
Fixanar Vietnam, Indovina Bank, and Cathay Financial Holdings on July 18 announced a partnership to improve access to financing for SMEs in Vietnam.
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Cambodian Venture Capital Firm Ooctane Closes Debut Fund With US$55M
Ooctane is owned by the local logistic solutions giant WorldBridge Group.
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MVCA joins ASEAN Venture Council to bolster growth in regional VC industry
ASEAN Venture Council (AVC) welcomes Malaysia as its fourth member country.
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NRF Singapore sets up Data Science Consortium and AI program with US$107 million investment for the next five years
Both initiatives are aimed to bring together the government, academia, research institutes and industry to develop artificial intelligence capabilities in frontier technologies.
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P&G partners EDB to launch US$100 million digital innovation centre in Singapore, its first outside US
P&G and EDB will set up an e-center in Singapore to boost digital capabilities and strengthen partnerships with SMEs to co-develop new solutions.
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MAS and Abu Dhabi Global Market in collaboration to boost fintech innovation
The Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM) on Wednesday signed an agreement to foster closer cooperation on developments and initiatives that nurture financial technology entrepreneurship and support innovation in…
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South Korean home cleaning startup Miso launches on demand moving-out cleaning service
South Korean home cleaning startup Miso launches the on demand moving-out cleaning service beginning March in three major cities in South Korea – Seoul, Incheon, and Gyeonggi-do.
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Indonesian Kejora Ventures announces first close of US$80 million fund for growth-stage startups in Southeast Asia
Indonesia-based VC firm Kejora Ventures has announced on Wednesday news regarding the first close of its Kejora Star Capital II Fund, which is targeted at US$80 million for investments in Southeast Asia. Kejora, which is…