Regulators and representatives from the Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) recently held their 4th MAS-CSRC Supervisory Roundtable in the city of Wuhan, China, which was co-chaired by the China Securities Regulatory Commission’s vice chairman Fang Xinghai and the Monetary Authority of Singapore’s deputy…Continue Reading

At the urging of the Thailand Tech Startup Association, Thailand’s Committee on Communications, Telecommunications and Digital Economy and Society will seek to persuade three government agencies, namely the National Innovation Agency (NIA), Digital Economy Promotion Agency (DEPA) and the Electronic Transactions Development Agency (ETDA), to implement policies and measures that…Continue Reading

eko.ai, a Singapore-based artificial intelligence-enabled medtech startup, announced recently that it had secured US$4 million in a Sequoia India and EDBI co-led funding round, which also saw the participation of other investors including SGInnovate, a Singapore government-owned organization that invests in deep tech startups; Partech Ventures, a global investment firm…Continue Reading

360ed, a Myanmar-based edtech social enterprise startup with a focus on virtual reality (VR) and augmented reality (AR) technologies, was selected by Nikkei Asian Review as the winner of its distinguished Nikkei Asian Review Award for Excellence for the year 2020. Nikkei Asian Review is the English-language business publication of…Continue Reading

SVARA, an Indonesia-based radio broadcasting and digital audio platform startup, recently announced that it had successfully raised an undisclosed sum from UMG Idealab, a Myanmar-headquartered tech startup incubator, for its pre-series A funding round. The newly-acquired funds will enable the radio broadcasting platform startup to further expand its business and…Continue Reading

Investree, a pioneering fintech peer-to-peer lending platform in Indonesia, recently announced that it had acquired an undisclosed amount of shares in business-to-business (B2B) e-procurement startup Mbiz. The acquisition represents the endeavor by Investree to build and develop a comprehensive supporting framework and infrastructure for nurturing the growth of Indonesia’s small-to-medium…Continue Reading

Grab, the regional super app startup that provides finance and ride-hailing services, announced Monday that it had entered into a partnership with Singapore Telecommunications Limited (Singtel), one of Singapore’s four major telcos, with the aim of forming a consortium to apply for a full digital banking license from the Monetary…Continue Reading