Singapore and China Hold Roundtable to Foster Greater Cross-Border Capital Market Activities, Discuss Application of Blockchain Technology
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
Thailand Looks to Implement Policies For Promoting Local Startups
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
Singapore-based Medtech Startup eko.ai Secures US$4 Million in Sequoia India and EDBI Co-Led Funding Round
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
Myanmar-based AR EdTech Startup 360ed Wins Prestigious Nikkei Asian Review Award for Excellence
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
Indonesia-based Broadcasting Platform Startup SVARA Secures Pre-Series A Funding from UMG Idealab
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
Meet the Singapore-based Startup That is Using AI to Power Its Robotic Process Automation Software
Robotic Process Automation (RPA) is a fairly recent form of business process automation technology that is capable of imitating human performance by observing how the user carries out a task in the application or computer, and then automating that process by repeating it as many times as needed based on…Continue Reading
Malaysian Motorcycle E-hailing Startup Dego Ride Resumes Operations, Looks to Boost Local Job Market
Dego Ride, a Malaysia-based motorcycle e-hailing startup, has began resuming operations in the country with a six month trial period focusing on the Klang Valley area starting Jan 1, 2020, after it was previously banned in 2017 by the then Barisan Nasional-led government over safety concerns. The new Pakatan Harapan…Continue Reading
This Indonesia-based Startup Seeks to Promote Inclusitivity for the Disabled in the Job Market
Even though there is a significant population of Indonesians that possess some form of disability, they are still often overlooked or passed over by companies and businesses despite the fact that Indonesia has a law that requires private companies to hire disabled persons to make up at least one percent…Continue Reading
Investree Acquires Stake in Indonesian B2B E-procurement Startup Mbiz, Aims to Build Infrastructure for Supporting SME Businesses
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
Super App Startup Grab Partners with Singtel in Bid to Acquire Singapore Full Digital Banking License
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