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2025-02-12 20:22:11 -

ADI invests $8M in AC Ventures’ Climate and Sustainability Fund
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a $8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund. Australian Embassy Indonesia said in a statement on Monday that the investments will be in sectors including renewable energy, electric mobility, energy efficiency, waste...

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2025-01-15 13:52:13 -

AirAsia MOVE appoints travel industry veteran Manfredi Lefebvre d’Ovidio as Chairman
Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has announced the appointment of Manfredi Lefebvre d’Ovidio as its new Executive Chairman, effective immediately. AirAsia MOVE said in a statement on Tuesday that d’Ovidio is succeeding Kamarudin Meranun who has been instrumental in shaping AirAsia MOVE into a travel powerhouse in ASEAN. According to...

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2025-02-15 15:09:20 -

AirAsia MOVE’s monthly active users and number of transactions up quarter on quarter in fourth quarter 2024
Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has achieved higher monthly active users (MAUs) and number of transactions during the fourth quarter of 2024, driven by continuous improvements of the platform. The firm said in a statement on Wednesday that it saw 16 percent quarter on quarter increase in MAUs to 15.22 million during the fourth quarter last year....

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2025-01-10 12:31:34 -

Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space
The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday. RHB Investment Bank Research said in a note that it believes the direct impact from US AI chip export curbs on Malaysian technology firms is limited. “While the indirect impact is difficult to ascertain, we note that local tech supply...

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2025-02-13 13:48:43 -

Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive Solutions
Aura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines. Aura Private Equity said in a statement that this investment, made in collaboration with its co-investors, will fuel Giftaway’s growth as...

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2025-02-12 20:47:09 -

BDx Data Centers’ Mayank Srivastava on how Southeast Asia’s data centers are evolving to support AI and cloud innovations [Q&A]
Southeast Asia is witnessing a rapid expansion of AI-driven data centers as demand for high-performance computing surges across industries such as finance, healthcare, and technology. The shift towards AI-optimized data centers reflects broader regional efforts to support digital transformation while addressing the unique challenges of high-power density computing and energy efficiency. In...

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2025-04-03 07:26:28 -

Behind the scenes of Synagistics’ historic de-SPAC listing
When Synagistics decided to pursue a Hong Kong de-SPAC transaction, it marked a historic milestone not only for the company but for the city’s de-SPAC regime. As the first de-SPAC there, Synagistics’ listing offers valuable insights for startups considering a similar journey and underscores the uniqueness of Hong Kong’s de-SPAC framework. For Synagistics, its de-SPAC last...

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2025-01-08 14:06:43 -

Bilibili’s UP100 crowns gaming as the comeback category of 2024
Gaming content creators reclaim the spotlight in Bilibili’s 2024 UP100 list. On January 3, Bilibili unveiled its latest UP100 list, recognizing the platform’s top 100 creators for 2024. This marks the seventh consecutive year of the annual selection process, which began in 2018. As in the previous two years, Bilibili evaluated creators based on three key criteria: professionalism,...

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2025-01-08 13:05:36 -

BMI sees strategic consolidation driving Johor to lead Malaysia’s digital infrastructure Growth
BMI Country Risk and Industry Research said Tuesday that strategic consolidation is driving Johor to lead Malaysia’s digital infrastructure growth. The research house said in a note that platforms continue to strategically allocate capital towards the most attractive destinations to increase capacity for cloud computing and artificial intelligence (AI) use-cases. For some, like Yondr,...

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2025-01-08 13:50:06 -

Bosideng’s luxury pivot: Can Moose Knuckles elevate its outdoor game?
Partnering with the Canadian luxury brand could bolster Bosideng’s entry into high-end outdoor apparel, but risks loom over execution and identity. “You won’t find authentic clothes like this unless you’re in Canada.” The remark came as “L,” a cross-border trader speaking to 36Kr, swiped through recent WeChat orders. Among them, a ski jacket from...

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2025-04-26 05:47:12 -

BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon emissions through EVs in the country
BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda. A key focus of this collaboration is reducing carbon emissions through increased EV adoption in Malaysia, BYD Sime Motors said in a statement on Wednesday. This partnership introduces a six-month program...

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2025-01-10 12:20:07 -

Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators
PepsiCo, a global leader in convenient foods and beverages, proudly announces the return of its Greenhouse Accelerator (GHAC) program in the Asia Pacific (APAC) region for the third consecutive year. The GHAC is a pilot-oriented, mentorship-based program in the region dedicated to fostering sustainable innovation in agriculture, circular economy and greenhouse gas emissions reduction,...

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