UK Public EV Charging App Bonnet Acquired by Energy Company OVO

The UK public EV charging consumer app Bonnet has been acquired by the energy company OVO. Bonnet’s technology brings together nationwide public charge point operators into one app. Over 80% ...

Nissan Commits up to £3bn Investment in UK Manufacturing, 3 EVs & Battery Production

Nissan has confirmed that all three models made at its UK plant will go 100% electric. The announcement means the EV36Zero hub in Sunderland, Nissan’s blueprint for future manufacturing, will ...

Ensign InfoSecurity’s Gaurav Keerthi on the future of cyber defense and offense in the GenAI era [Q&A]

In this TNGlobal Q&A with Gaurav Keerthi, Head of Advisory and Emerging Business at Ensign InfoSecurity, we delve into the rapidly evolving landscape of Generative AI (GenAI) in the context ...

Hyundai Motor Group Art Cars Rally in Paris to Support Busan’s Final Bid to Host 2030 World Expo

10 Hyundai IONIQ 6 and Kia EV6 art cars to promote Busan’s charm and readiness in Paris this week ahead of the vote to name the 2030 World Expo host ...

Ant Group Digital Technologies Accelerates for Going Global

Editor’s note: TrustBridge Forum-Bridging Trust and Value for a Connected Digital Future was hosted by Ant Group Digital Technologies & TNGlobal. The original article is written in Chinese. Translated by ...

MAS strengthens regulatory measures for digital payment token services

The Monetary Authority of Singapore (MAS) has on Thursday published its final tranche of responses to feedback received on its proposed regulations for digital payment token (DPT) service providers in ...

Faraday Future Announces Entry Into the Middle East; Unveils FF 91 Futurist aiFalcon

Faraday Future Intelligent Electric Inc., a California-based electric mobility ecosystem company, has announced its entry into the Middle East market with the signing of strategic cooperation agreements with Master Investment ...

Artificial Intelligence (AI) and Human Intelligence (HI) in the future of education

In an era of rapid technological advancement, the dynamic interplay between Artificial Intelligence (AI) and Human Intelligence (HI) is shaping the future of education. As we peer into the horizon, ...

All-Wheel-Drive, Multi-Terrain Electric Vehicle Unveiled by the UK's CALLUM

CALLUM, a British design and engineering business  has revealed CALLUM SKYE, a high-performance multi-terrain electric vehicle. It is the company’s first own brand vehicle fully conceived, designed and engineered in-house. Measuring ...

Malaysia’s TNB partners Perak state government to drive large-scale renewable energy initiatives

Malaysian utility firm Tenaga Nasional Berhad (TNB) has partnered with Perak state government to drive large-scale renewable energy (RE) initiatives. TNB said in a statement on Thursday that the firm ...

Circles X delivers telco-as-a-service in Indonesia with Google Cloud

Circles, a technology firm in Singapore, has rapidly deployed its Circles X telco-as-a-service solution in Indonesia, guided by Google Cloud’s DevOps Research and Assessment (DORA) metrics. Circles said in a ...

United Kingdom’s LMAX gets license to offer NDF trading in Singapore

LMAX Group, a United Kingdom-based operator of institutional exchanges for trading foreign exchange (FX) and digital assets, has on Wednesday announced that it has secured license to offer non-deliverable forward ...

OpenAI researchers warned board of AI breakthrough ahead of CEO ouster – report

Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers wrote a letter to the board of directors warning of a powerful artificial intelligence (AI) discovery that ...

Green NCAP proves all powertrains need greener objectives

Today, Green NCAP releases the assessment results of seven vehicles with a range of powertrains: three electric vehicles from Tesla, Renault, and MG, three hybrid cars from Mazda, Mitsubishi, and ...

Singapore’s Climate Alpha raises $5M in seed round led by Jungle Ventures

Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million seed round led by Jungle Ventures. The ...

Vietnam’s akaBot expands its reach into Malaysia

AkaBot, a Vietnam-based robotic process automation (RPA) solutions provider, has officially introduced the strategy to extend its services and solutions in the Malaysia market. The company said in a statement ...

Aggregate Asset Management ties up with ADDX to list diversified deep-value equity fund

Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy and returns. ADDX and AMM ...

Antler announces $2M in funding for startups across Singapore and Indonesia

Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler said in a statement on Thursday ...

TikTok mulls investing in Indonesia’s GoTo to revive online shop – report

ByteDance Ltd’s TikTok is said to be in talks to invest into a unit of Indonesia’s GoTo Group, one of several options the Chinese company is weighing as it tries ...

Singapore fintech firm Lendela secures $5M in oversubscribed Series A round

Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. Lendela said in a statement that the oversubscribed round was led by Singapore-based ...

Harley-Davidson's Serial 1 E-Bike Brand Acquired by LEV Manufacturing, Inc.

Serial 1 Cycle Company, LLC, Harley-Davidson’s e-bike brand, has been acquired by LEV Manufacturing, Inc. (formerly known as Life Electric Vehicles, Inc.), and Lane VC, a mobility focused investment firm. ...

How Southeast Asia’s SMEs can benefit from digital transformation and cloud combined

Enterprises across the Southeast Asia (SEA) region are no longer hesitant to adopt cloud technologies. In the wake of the pandemic, successful businesses have experienced the advantages of cloud migration, ...

Singapore’s Carro in talks to raise over $100M ahead of potential US IPO – report

Singapore-headquartered online used car marketplace Carro is said to be in talks with potential investors to raise over $100 million ahead of a potential US listing in 18 months, Reuters ...

Binance pleads guilty to US money laundering violations, CEO ChangpengZhao steps down

Binance Holdings Ltd, the entity that operates the world’s largest cryptocurrency exchange, Binance.com, pleaded guilty on Tuesday and has agreed to pay over $4 billion to resolve the Justice Department’s ...

Sam Altman will return as OpenAI CEO after staff threatened to resign

Open AI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to leave the AI startup over his surprise ouster earlier. Altman ...

Hong Kong’s Klook supercharges innovation at scale with generative AI from Google Cloud

Google Cloud and Klook, Hong Kong’s platform for experiences and travel services, have on Wednesday announced a collaboration to amplify Klook’s activity content and customer engagement channels with generative artificial ...

India’s Scapia raises $23M in Series A round led by Elevation Capital and 3STATE Ventures

Scapia, the India-based fintech company aims to make travel accessible through its suite of financial products, has raised $23 million in its Series-A funding round, led by Elevation Capital and ...

PropertyGuru posts net profit of $224,022 in third quarter

Singapore-based prop-tech firm PropertyGuru has returned to the black by achieving a net profit of SGD 300,000 ($224,022) in the third quarter ended September 30, 2023, as compared to a ...

"We’re not Designing for Cyclists, We’re Designing for People who Drive" - Civilized Cycles CEO Zachary Schieffelin

In an effort to lure people out of cars, Zachary Schieffelin founded what became the largest Vespa dealership in the US. However, whilst working at Vespa Soho in New York, he ...

Wavemaker Partners leads $1.5M seed+ funding round for premier Indian faith-tech start-up VAMA

Wavemaker Partners, an early-stage venture capital firm based in Singapore, has led the seed+ funding round for premier Indian faith-tech start-up VAMA.app. VAMA said in a statement on Tuesday that ...

Singapore’s iFAST unveils digital hub in Malaysia

Singapore-based fintech platform iFAST Corporation Ltd. has announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the group’s three-year growth Plan to become a prominent ...

Motional IONIQ 5 Robotaxi to be manufactured at new Hyundai Motor Group Innovation Center Singapore

First production models of IONIQ 5 robotaxi will be manufactured at HMGICS and deployed as part of Motional’s commercial services in the U.S., starting in 2024 Hyundai Motor Group and ...

How open-source fosters trust and innovation: Q&A with Ant Group’s Wang Xu

With its collaborative and inclusive nature, open-source is rapidly developing and evolving. This kind of software is constantly being improved and updated with new features and functionalities, based on a ...

Kia America Continues to “Accelerate the Good” with Year End Fundraising Drive & Creative Campaign for St. Jude Children’s Research Hospital

From November 16, 2023, through January 2, 2024, Kia will make a donation to St. Jude Children’s Research Hospital for each new eligible Kia vehicle sold, or leased, and delivered ...

Turn Capital acquires Flash Coffee in Thailand

Tech-enabled coffee chain Flash Coffee announced Tuesday that Turn Capital has acquired its Thailand business/franchise to fuel further growth within the country. Leveraging Flash Coffee’s brand, product innovation, and proprietary ...

Animoca Brands partners Ubisoft’s Strategic Innovation Lab to support Web3 initiatives on Mocaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced that it will collaborate with Ubisoft’s Strategic Innovation Lab to ...

Smart Malaysia launches all-new gen EV smart #1

Smart Malaysia, a unit of Chinese automaker Geely, has on Tuesday announced the official pricing for its all-new electric vehicle (EV), the smart #1. Smart Malaysia said in a statement ...

Stellantis & CATL Announce Plans to Supply LFP Batteries for the European Market

Stellantis N.V. and China’s CATL havde announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ electric ...

Google Cloud appoints cloud evangelist and veteran leader Serene Sia to lead Singapore business

Google Cloud has on Tuesday announced the appointment of Serene Sia as Country Director of its business in Singapore. Google Cloud said in a statement that Sia will be responsible ...

Singapore’s MiyaHealth obtains ISO certification and CE mark for its chronic disease management platform

MiyaHealth, a Singapore-headquartered global software as a service (SaaS) HealthTech, has announced that it has secured ISO 13845:2016 certification and a CE Mark for GensuApp, its chronic disease management platform ...

New Zealand Kiwifruit brand Zespri launches $2M annual fund to accelerate sustainable innovation

New Zealand Kiwifruit brand Zespri has launched $2 million annual fund to accelerate sustainable innovation. Zespri said in a statement on Tuesday that the firm is establishing a new innovation ...

Singapore’s Nium partners South Korea’s Jeonbuk Bank to launch global remittance service

Nium, the Singapore-based real-time global payments, and Jeonbuk Bank (JB Bank), a South Korean financial institution, have announced a partnership on global remittance service. Nium said in a statement on ...

Navigating the cloud frontier: A holistic approach to hybrid multi-cloud success

In today’s ever-evolving IT landscape, the journey from traditional, on-premise data centers to modern cloud environments is one of adaptation and transformation. Initially, organizations relied primarily on traditional on-premise infrastructures. ...

New Hyundai Motor Group Innovation Center Singapore Set to Transform Production, R&D and Customer Experience

Hyundai Motor Group Innovation Center Singapore (HMGICS) opens to progress onwards, redefining future mobility production and customer experience Cell-based production and digital twin technology bring unprecedented human-centric manufacturing, with integration ...

Former Renault and Jaguar Land Rover Boss Thierry Bolloré Joins UK's BEDEO

Automotive industry veteran Thierry Bolloré has joined BEDEO, a UK-based developer and manufacturer of electric In-Wheel-Motors and powertrain technology, as strategic advisor. Bolloré has previously served as CEO of Renault and Jaguar ...

Ant Group Digital Technologies & TNGlobal’s TrustBridge Forum explores synergies between AI & Web3, future trends in FinTech 


Editor’s note: TrustBridge Forum-Bridging Trust and Value for a Connected Digital Future was hosted by Ant Group Digital Technologies & TNGlobal Ant Group Digital Technologies, in partnership with TNGlobal, has ...

XPENG Presents X9 Large 7-Seater MPV for the Chinese Market at Auto Guangzhou

XPeng Inc. has presented its latest Smart EV model, the XPENG X9 Large 7-seater MPV, for the Chinese market at Auto Guangzhou 2023. The new model offers a 180mm-wide central aisle ...

DESTEN Launches Ultra-Fast Charging Battery Capable of Charging in 6 Minutes

DESTEN Inc., a lithium-ion battery technology company, announced the launch of an Ultra-Fast Charging, 6C LFP (Lithium Iron Phosphate) cell. It is capable of charging from 20% to 80% in ...

Malaysia and Singapore launch cross-border real-time payment systems connectivity

Malaysian central bank Bank Negara Malaysia (BNM) and Singapore central bank the Monetary Authority of Singapore (MAS) have jointly launched the real-time payment systems linkage between Malaysia’s DuitNow and Singapore’s ...

Ant International, Grab, StraitsX collaborate to enable cross border payments with Purpose Bound Money for local merchants

Ant International, Grab, and StraitsX (part of Fazz) have on Thursday announced a collaboration to look into the potential for Purpose Bound Money (PBM) to be applied to cross border ...

Supermom launches initiative to partner 25 Singaporean brands expanding to Indonesia

Supermom, a Singapore-based parenting networks backed by AC Ventures, has announced the launch of a new initiative committed to helping small businesses develop. The tie-up is set to facilitate market ...

JazzCash and Fatima Gobi Ventures team up to boost startups in Pakistan

Pakistan-based FinTech platform JazzCash and Pakistan’s venture capital (VC) company Fatima Gobi Ventures (FGV) have announced a strategic partnership that is poised to have a massive impact on advancing the ...

Binance Labs invests in $ARKM token to support on-chain insights at scale across the blockchain ecosystem

Binance Labs, the venture capital and incubation arm of Binance has invested in $ARKM, the native token of Arkham. Binance Labs said in a statement on Wednesday that Arkham is ...

Malaysia, Google announce strategic collaboration on skills opportunities – report

The Malaysian government and Google announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and homegrown companies in the fast-growing digital economy, national news agency Bernama reported ...

X-PITCH 2023 global winners announced: celebrating innovation excellence in DeepTech startups

X-PITCH, known as the X Games for Startups, concluded its 2023 edition on Nov 9, spotlighting ten finalists chosen from over 3,000 startups worldwide. The Finals, held at the National ...

Could electric taxis energize tourism development in Laos?

The Lao government places tourism as its primary focus to rekindle its economy. Targeting at least 4.6 million foreign and domestic tourists to travel to the country by 2024, the ...

China’s Meituan explores deal for Delivery Hero’s Southeast Asia arm Foodpanda – report

China-based food delivery giant Meituan is said to be exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the company looks to diversify beyond its domestic ...

How a team of BAFTA and Emmy Award-winning visionaries are spearheading the gaming evolution

Visionaries are leading the next gaming era with cutting-edge methods. Central to this shift is the incorporation of new models that rethinks the importance of community-led gaming, and its impact ...

Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report

Malaysia’s first tech unicorn Carsome Group, which operates a Southeast Asian used-car online marketplace, is said to be cutting “hundreds of jobs” to reduce costs as it works to reach ...

Innovating for FinTech inclusion: Ant International’s plans for the next billion users

At the Singapore FinTech Festival 2023, we learn how innovations are rewriting the narrative of financial empowerment, enabling a future where everyone, regardless of their geographical or socio-economic background, will ...

2023 Kia Telluride Named Family Vehicle of the Year by the Hispanic Motor Press

Back-to-back wins for the Kia Telluride The Kia Telluride SUV was recognized by the Hispanic Motor Press with the organization’s “Family Vehicle of the Year” Award. Presented at the Los ...

Beyond Boundaries: Revamped 2024 Kia Sorento Bolstered with Head-Turning Style, Next-Generation Tech and X-Pro Version

Confident facelifted exterior design: Boxy, upright hood imparts a bolder character to Sorento, enhanced by striking Star Map lighting design Tech-savvy and futuristic cabin elevates interior: Available panoramic curved display ...

Accelerating the Art of Electric Mobility: Kia introduces All-Electric EV3, EV4 Concept Models at the 2023 Los Angeles Auto Show

The EV revolution continues: EV3 and EV4 concept models illustrate the evolution of Kia’s Opposites United design philosophy Concept EV3 crossover debuts: Introducing exceptional practicality and a transformative cabin ambience, ...

All-electric Kia EV9 named finalist for 2024 North American Utility Vehicle of the Year

Today, the all-electric Kia EV9 was named as a finalist in the competition for 2024 North American Utility Vehicle of the Year™ by the North American Car of the Year ...

Kia America Ready to Ring in 2024 with Nationwide Tour of Iconic Times Square New Year’s Eve Numerals

All-new, all-electric Kia EV9 SUV – with an available 5,000 pound towing capacity – will haul the 2024 Times Square New Year’s Eve Numerals across the U.S. Stops on the ...

Animoca Brands, Amazon Web Services, Polygon Labs team up to accelerate Web3 startup development through Mocaverse

Hong Kong-based game software firm Animoca Brands, global cloud computing platform Amazon Web Services (AWS), and United States-based software solutions provider Polygon Labs have on Thursday announced MoonRealm Express Accelerator, ...

MAS launches digital platform for seamless ESG data collection and access

The Monetary Authority of Singapore (MAS) has on Thursday launched Gprnt (Greenprint), an integrated digital platform that harnesses technology to simplify how the financial sector and real economy collect, access ...

Deloitte: Southeast Asia raises about $5.5 billion year to date, the lowest in eight years

Southeast Asia has raised approximately $5.5 billion via initial public offering (IPO) in the first 10.5 months of 2023, the lowest in eight years, Deloitte said Thursday. Deloitte said in ...

MAS lays foundation for safe and innovative use of digital money in Singapore

The Monetary Authority of Singapore (MAS) on Thursday unveiled three initiatives to ensure the safe and innovative use of digital money in Singapore, namely a blueprint outlining the infrastructure required ...

HSBC-backed Bizbaz announces strategic partnership with RCBC Bank

Singapore-based credit scoring and risk models assessment solution Bizbaz has announced a strategic partnership with Philippine retail bank Rizal Commercial Banking Corporation (RCBC Bank) to integrate AI-driven credit scoring to ...

HashKey Exchange insured by OneInfinity by OneDegree for digital wallet coverage

HashKey Exchange, Hong Kong’s licensed virtual asset exchange, has officially closed the deal with OneInfinity by OneDegree, a licensed insurer for digital assets in Asia. The duo said in a ...

UAE mobility and logistics startup Wize raises $16 million in pre-Seed round

Wize, a Dubai-based startup providing sustainable solutions for last-mile delivery, has raised $16 million in a pre-Seed funding round co-led by Mena-focused angel investors. The funds will be spent to ...

Cisco: only 14 percent of global organizations are fully prepared to deploy and leverage AI

A mere 14 percent of organizations globally are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’ inaugural AI Readiness Index released on Tuesday. Cisco said ...

Volkswagen Electrifies the Vatican City State's Vehicle Fleet

Volkswagen is supporting the Vatican City State (VCS) in its transition towards sustainable mobility. At the beginning of 2024, the company will deliver just under 40 fully electric models from ...

Singapore’s StraitsX gets approval to issue single-currency pegged stablecoins

Singapore-based digital asset platform StraitsX has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) as major oayment institutions licensed for digital payment token services, for the purpose ...

Hyundai's 2025 IONIQ 5 N Electrified Sports Vehicle Debuts at AutoMobility LA

Hyundai has revealed its all-new 2025 IONIQ 5 N electrified sports vehicle at AutoMobility LA. IONIQ 5 N is the first electrified iteration for the Hyundai N brand, with future ...

Indonesia’s venture capital deal value to decline 70 percent to 80 percent in 2023, says report

Despite a degree of cautious optimism, Indonesia’s venture capital deal value is expected to decline 70 percent to 80 percent in 2023, according to a report revealed by Indonesia-based venture ...

Antler strengthens team with key hires to drive strategic investments in Southeast Asia

Antler, a Singapore-based global early-stage venture capital firm, has announced a trio of significant appointments – Shao-Ning Huang and Lorenzo Peracchione as Venture Partners, and Tudor Coman as Investment Director. ...

MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era

MY E.G. Services Berhad (MYEG), a e-government service provider in Malaysia, has partnered with non-profit organization Yayasan Chow Kit (YCK) to foster digital inclusivity for marginalized youth in and around ...

MAS partners industry to develop generative AI risk framework for the financial sector

The Monetary Authority of Singapore (MAS) has on Wednesday announced the successful conclusion of phase one of Project MindForge which seeks to develop a risk framework for the use of ...

US silicon battery company Enovix builds $1.2B high-volume manufacturing facility in Malaysia

Enovix Corporation, an advanced silicon battery company, will invest MYR 5.8 billion ($1.23 billion) to establish its first high-volume manufacturing facility (Fab2) in Malaysia. This marks a significant milestone in ...

Malaysian government and Google announce strategic collaboration

The government of Malaysia and global tech giant Google have on Thursday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and homegrown companies in the fast-growing ...

MAS partners financial industry to expand asset tokenization initiatives

The Monetary Authority of Singapore (MAS) has on Wednesday announced that it is working with the financial industry to expand asset tokenization initiatives and develop foundational capabilities to scale tokenized ...

Mercedes-Benz Launches its First Electric Vehicle Charging hub in North America

Mercedes-Benz HPC North America (Mercedes-Benz HPC NA), a joint venture between Mercedes-Benz and MN8 Energy, has inaugurated its first US charging hub in Sandy Springs, Georgia. The hub is the first ...

Ant Group Digital Technologies says its international business operation increases 300% in the past year

Editor’s note: TrustBridge Forum-Bridging Trust and Value for a Connected Digital Future was hosted by Ant Group Digital Technologies & TNGlobal Ant Group Digital Technologies, a unit of China-based Ant ...

Renault's Ampere Unit to Launch 'Legend' Urban EV as Part of its Line-up

Renualt’s Ampere unit has set out its plans to launch seven vehicles by 2031. The line-up includes ‘Legend’, an urban electric vehicle with 10 kWh/100km. Made in Europe, the car will ...

Volvo Trucks Unveils Updated Electric Trucks With a Range of up to 450 kms

Volvo Trucks has presented its updated electric medium duty trucks – the Volvo FL and FE. They can be used for distribution, refuse handling and urban construction. The AC charging ...

Asahi Kasei, Gentari, and JGC team up for green hydrogen production in Malaysia

Gentari Hydrogen Sdn Bhd, a wholly-owned subsidiary of Petronas’ clean energy arm Gentari Sdn Bhd (Gentari), Japanese chemical firm Asahi Kasei and engineering firm JGC Holdings Corporation (JGC) have announced ...

Singapore’s BeeX raises $2M in funding led by Earth Venture Capital, ShipsFocus Ventures

BeeX, a Singapore-based firm in providing autonomous robotics solutions to safeguard underwater infrastructures, has recently closed its $2 million bridge round with oversubscribed. BeeX said in a statement on Wednesday ...

Thailand’s RISE and Israel’s OurCrowd launch $50M deep tech fund

OurCrowd, an Israel-based digital investment platform, and RISE, a Thailand-based corporate innovation powerhouse, have on Tuesday announced the launch of the $50 million deep tech fund – Rise OurCrowd Exponential ...

HSBC partners Antler to support the growth of the next generation of entrepreneurs and startups in Singapore

HSBC Singapore has on Wednesday announced at a partnership with Antler, a Singapore-based active early-stage venture capital (VC) firm, to facilitate the growth of Southeast Asian innovation companies and entrepreneurs ...

Sea Limited posts unexpected net loss of $144M in third quarter despite revenue rises

Singapore-based tech conglomerate Sea Limited has posted a total net loss of $144 million in the third quarter, as compared to total net loss of $569.3 million for the third ...

Unlocking the industrial metaverse: A blueprint for success

Our study discovered that virtual research and development (R&D), prototyping, and testing was the most deployed use case for the industrial metaverse out of all use cases tested. Metaverse technologies ...

Hyundai Motor Group Executive Chair Euisun Chung awarded Commander of the Order of the British Empire (CBE)

Honorary Commander of the Most Excellent Order of the British Empire (CBE) title conferred on behalf of His Majesty King Charles III at British Embassy, Seoul Executive Chair Chung recognized ...

Volvo Trucks Unveils Updated Electric Trucks With a Range of up to 450 km

Volvo Trucks has presented its updated electric medium duty trucks – the Volvo FL and FE. They can be used for distribution, refuse handling and urban construction. The AC charging ...

Singapore cryptocurrency exchange firm Crypto.com gets Dubai license

Singapore cryptocurrency exchange firm Crypto.com announced Tuesday that its Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) license for specified virtual asset ...

Singapore’s Augmentus raises $5M in Series A funding led by Sierra Ventures

Augmentus, a Singapore-based firm in no-code robotics software, has successfully raised $5 million in Series-A funding. The round was led by Sierra Ventures, along with Cocoon Capital, Augmentus said in ...

Grab Holdings President Ming Maa to step down at the end of April 2024

Southeast Asia’s superapp Grab Holdings announced Tuesday that its President Ming Maa has decided to step down from the company at the end of April 2024. Grab said in a ...

Malaysia’s Iskandar Investment Berhad launches Net Zero Carbon Central Business District

Malaysia-based Iskandar Investment Berhad (IIB) has cemented its commitment to environmental, social, and corporate governance (ESG) initiatives with the launch of Net Zero Carbon Central Business District (CBD). IIB said ...

Taiwan’s Profet AI launches enterprise AI lifecycle management platform for AI governance

Profet AI, a Taiwan-based enterprise artificial intelligence (AI) application provider for the manufacturing industry, has announced the official launch of AI Lifecycle Management Platform (AILM), an enterprise platform for AI ...

MAS, Temasek Trust collaborate to accelerate growth of FinTech and impact ecosystem

Monetary Authority of Singapore (MAS) and Temasek Trust have collaborated to accelerate growth of FinTech and impact ecosystem. Temasek Trust said in a statement on Tuesday that it has signed ...

Philippine Hive Health acquires HMO service provider Health Plan Philippines, Inc.

Hive Health, a Philippine-based digital health insurance startup, has acquired Health Plan Philippines, Inc. (HPPI), one of the Health Maintenance Organization (HMO) service providers in the country. With this strategic ...

[COMEUP 2023] La French Tech Seoul wraps up its Tech4Good Tour 2023 in Korea with annual Tech4Good Summit & Startup Pitch Contest Awards

Editor’s note: TNGlobal is one of the selected international media organizations invited to COMEUP 2023 held in Seoul, South Korea. (sponsored) La French Tech Seoul, in collaboration with the French-Korean ...

Malaysia’s Yinson GreenTech completes construction of the Hydroglyder prototype

Malaysia-based energy firm Yinson Holdings Berhad (Yinson)’s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of its all-electric crew transfer vessel, the Hydroglyder. ...

Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs

SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a unified SME digital finance platform in Malaysia and Southeast ...

Chiliz welcomes Animoca Brands to its SportFi ecosystem

Malta-based blockchain firm Chiliz announced on Monday that Hong Kong-based gaming firm Animoca Brands has joined its blockchain network as a validator and leading participant, further decentralizing the governance of ...

Malaysia’s JCorp invests $1.74 million into Singapore-based agritech firm Archisen

Malaysia-based state investment firm Johor Corporation (JCorp) Group will invest MYR 8.2 million ($1.74 million) into Singapore-based agritech firm Archisen Pte Ltd. The duo said in statement on Tuesday that ...

UNDP, MAS and partners launch Universal Trusted Credentials initiative for MSME financing

The United Nations Development Programme (UNDP), the Monetary Authority of Singapore (MAS), Bank of Ghana (BoG), Global Legal Entity Identifier Foundation (GLEIF) and the SME Finance Forum announced Tuesday the ...

Dubai launches US$ 136 million venture capital fund designed to finance technology startups

The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth $136 million. DIEZ said in a statement on last Friday that the ...

Grab-backed GXBank unveils beta bank app

GX Bank Berhad (GXBank), the Grab-backed Malaysian digital bank, is officially rolling out its beta app to selected 20,000 Malaysians users effective November 14, 2023. This comes after successfully testing ...

Hyundai Motor Group Brings Art Cars to San Francisco, Boosting Busan’s Bid to Host 2030 World Expo

Art cars to be displayed at the popular Pier 39 in Fisherman’s Wharf and circulate through San Francisco’s key arteries during APEC Economic Leaders’ Week Hyundai Motor’s IONIQ 5 and ...

Hyundai Motor Group Calls for Transformation in Software-Defined Vehicle Development at HMG Developer Conference

South Korea’s largest mobility developer festival attracts about 1,000 attendees Speakers and development experts in software-defined vehicles (SDV), artificial intelligence (AI), autonomous driving and mobility services, present the roadmap for ...

US eVTOL Aircraft Startup Joby Aviation Successfully Flies air Taxi in New York City

Joby Aviation, Inc., a US company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, has performed an exhibition flight in New York City. It marks the ...

Automechanika Frankfurt receives positive feedback on focus topics transformation and sustainability

Registrations for Automechanika Frankfurt 2024 are already around 20 per cent above the level of the previous event Exhibitor statements on the upcoming Automechanika Frankfurt 2024 Numerous companies return to ...

Hyundai Motor's new EV-Dedicated Plant in South Korea to Produce 200,000 EVs a Year

Hyundai Motor Company has broken ground on a new electric vehicle (EV) plant at its complex in Ulsan, South Korea. The new EV-dedicated plant will produce 200,000 EVs per year. ...

The trifecta effect: Fostering consequential conversations at the intersection of policy, technology, and finance

Today’s fragmented regulatory landscape inadequately serves the ambitious innovators aiming to revolutionize the finance and technology sectors. Although discussions about regulating Big Tech have been ongoing for years, little has ...

Volvo Cars Unveils new Fully Electric EM90 Premium Multi Purpose Vehicle

Volvo Cars has unveiled the new fully electric premium  Multi Purpose Vehicle (MPV), the Volvo EM90. It will launch first in China, the world’s largest car market. The EM90 provides ...

Canoo Expands its Line-up With the American Bulldog Electric Pickup Truck

Canoo Technologies, a US advanced mobility company, has introduced the American Bulldog, an all-electric pickup truck. This vehicle is a derivative of the Screaming Eagle that was delivered to the US ...

Singapore’s CapitaLand India Trust secures $157M to develop Navi Mumbai data center

Singapore’s CapitaLand India Trust (CLINT) has secured a five-year construction loan of INR13 billion ($157 million) from J.P. Morgan India to finance phase 1 development of its data center in ...

Level 3 Automated Driving Available in new BMW 7 Series From Spring 2024

From spring 2024, Level 3 highly automated driving, which allows drivers to take their hands off the steering wheel and temporarily divert their attention away from the road, will be ...

The promising and challenging terrain of embedded finance in Southeast Asia

In the rapidly evolving world of financial technology, few themes resonate as powerfully as embedded finance. It stands as a beacon that enables truly seamless and frictionless financial services for ...

Volvo Group to Acquire EV Battery Business From Proterra Inc.

Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered EV battery business unit at a purchase price of ...

AIZEN Global and Grab forge partnership in mobility finance

AIZEN Global, a South Korea-based artificial intelligence (AI)-powered financial services, has announced a strategic partnership agreement with Grab, Southeast Asia’s leading super app. AIZEN Global said in a statement on ...

Grab delivers first adjusted profitable quarter as topline continues to grow

Southeast Asia superapp Grab said Thursday it has delivered the first adjusted earnings before interest, taxes, depreciation (EBITDA) profitable quarter as topline continues to grow. The group said in a ...

American Express expands Singapore Decision Science Center of Excellence

American Express has on Thursday announced it is deepening its investment in artificial intelligence (AI) with the expansion of the Singapore Decision Science Center of Excellence (CoE). American Express said ...

Wise Platform partners Agoda to provide payment options for travellers

Wise Platform, global payment firm Wise’s infrastructure solution for banks and major enterprises, has joined forces with Agoda, a Singapore-based digital travel platform, to provide faster and more convenient payment ...

Airwallex sees strong growth momentum in Singapore, reports 13 times of revenue growth

Global payment firm Airwallex has seen strong growth momentum in Singapore as businesses recovered from the pandemic and the world reopened. Airwallex said in a statement on Thursday that in ...

Meet the Speakers: TrustBridge Forum on Bridging Trust and Value for a Connected Digital Future

The TrustBridge Forum, scheduled for November 15, 2023 at the prestigious Park Avenue Changi Hotel in Singapore will have an exciting agenda and lineup of speakers. The forum is dedicated ...

Hyundai Motor Group Set to Transform Future of Mobility Production with Opening of First Smart Urban Mobility Hub

Opening on November 21 2023, Hyundai Motor Group’s first smart urban mobility hub will drive innovation, redefining mobility, production and customer experience Hyundai Motor Group Innovation Center Singapore (HMGICS) to ...

Polestar to Incorporate Storedot's Extreme Fast Charging Battery Technology Into EVs

StoreDot, a developer of extreme fast charging (XFC) battery technology for electric vehicles, has announced a collaboration with Polestar. The two companies are working to demonstrate StoreDot’s production ready XFC technology ...

Messe Frankfurt expands into Indonesia with launch of Asiabike Jakarta in 2024

Asiabike Jakarta aims to become the leading platform in the region for showcasing two-wheeler innovations and fostering business opportunities in the sustainable mobility sector From 30 April – 4 May ...

Kia announces 2024 Sorento Plug-In Hybrid

The 2024 Kia Sorento Plug-In Hybrid carries over into the model year with very few changes. Runway Red exterior paint has been deleted as a color option, but customers can ...

Archer Aviation Announces Plans To Launch All-Electric Air Taxi Service Across India

Archer Aviation Inc, a leader in electric vertical takeoff and landing (eVTOL) aircraft, and  InterGlobe Enterprises, a travel and hospitality conglomerate, have into a memorandum of understanding (MOU) with the goal ...

Singapore’s BondbloX raises $6M in Series B funding round

Singapore-based Fintech BondEvalue Pte. Ltd. (BondbloX) has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a $6 million ...

Vietnam’s GSM launches electric taxi service in Laos

Green and Smart Mobility JSC. (GSM), a ride-hailing firm founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has launched its pure electric taxi service in Vientiane, Laos, ...

MRANTI opens autonomous vehicle experimental lab to accelerate Malaysia’s mobility sector development

Malaysian Research Accelerator for Technology & Innovation (MRANTI), through the Ministry of Science, Technology and Innovation (MOSTI), on Thursday launched the country’s largest multi-scenario autonomous vehicle (AV) experimental laboratory known ...

Singapore’s LXA raises $10M in seed funding round led by NEA

LXA, a Singapore-based fintech startup, has on Wednesday announced the completion of its $10 million seed funding round led by New Enterprise Associates, Inc. (NEA). LXA said in a statement ...

Analyst sees challenges for Malaysia to embrace electric vehicles

Malaysian analyst Affin Hwang Investment Bank has foreseen challenges for Malaysia to embrace electric vehicles (EV). The research house said in a report on Wednesday that the rollout of the ...

Baby Shark creator The Pinkfong Company partners TinyTap to develop early learning, entertainment in digital space

The Pinkfong Company, a South-Korea based entertainment company behind “Baby Shark,” has partnered with TinyTap, a edtech platform for user-generated educational games of Hong Kong-based gaming firm Animoca Brands, to ...

Singapore’s Glints appoints former Gojek Exec Jessica Le as Vietnam General Manager

Glints, the Singapore-based talent platform and solution, has on Tuesday announced the appointment of Jessica Le as its new general manager in Vietnam. Under Le’s leadership, she will be responsible ...

Dat Bike launches mass-market electric scooter to accelerate green mobility adoption in Vietnam

Dat Bike, Vietnam’s domestic electric two- wheeler manufacturer, has launched its first electric scooter to accelerate green mobility adoption in the country. The Quantum, featuring a contemporary design and engineered ...

Kia announces 2024 Sorento Hybrid

The 2024 Kia Sorento Hybrid continues to be a solid choice for those who want a sharp and rugged looking three-row SUV with fuel economy. After receiving minor packaging enhancements ...

GM & Stellantis Invest in US EV Motor Magnet Startup Niron Magnetics

Niron Magnetics, a US startup producing rare earth-free permanent magnets for electric vehicles (EVs), has raised $33 million in additional  funding, with new investments from automotive manufacturers, GM and Stellantis. ...

Carsome appoints Miguel Fernandez as CFO

Southeast Asia’s largest integrated car e-Commerce platform Carsome Group Inc. has on Wednesday announced the appointment of Miguel Fernandez as its Group Chief Financial Officer, effective from November 1, 2023. ...

Singapore’s Entropica Labs secures $ 4.7M Series A funding to fuel software development and boost talent

Singapore-based quantum software startup Entropica Labs has raised $4.7 million in a Series A funding round led by Italian Deep Tech venture capital firm Liftt and existing investor Wavemaker Partners. ...

Japan’s Sumitomo Life invests additional $133M in Singapore’s Singlife

Singapore homegrown financial services company Singlife has on Wednesday announced Japanese insurance company Sumitomo Life Insurance Company (Sumitomo Life) has increased its investment in the company by way of a ...

Malaysia’s Maybank expands cross-border services to China; boosts ASEAN financial integration

Malaysian lender Malayan Banking (Maybank) has on Wednesday announced the expansion of its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, ...

Malaysia’s PayNet partners China’s Ant Group for cross-border digital payments

Malaysia’s payments firm Payments Network Malaysia Sdn Bhd (PayNet) and China-based Alibaba Group’s fintech subsidiary Ant Group have on Wednesday launched their cross-border digital payments collaboration that has enabled travellers ...

Filipino startup Swarm raises $1.1M in Pre-Seed funding round

Swarm, a Filipino tech company that connects startup founders with freelance tech builders, has announced that it has raised $1.1 million in a pre-seed funding round. Leading the round are ...

Singapore Airlines partners Tata Communications for intelligent and intuitive digital solutions

Tata Communications, an India-based digital ecosystem enabler, and Singapore Airlines Limited (SIA), the national carrier of Singapore, have announced a multi-year agreement to transform the airlines communications and collaboration tools ...

NEFIN and MYDIN team up for carbon-neutral energy solutions in Malaysia

NEFIN, an Asia Pacific green independent power producers, and Mydin Mohamed Holdings Berhad (MYDIN), a halal home-grown wholesale and retail chain in Malaysia, have on Tuesday announced a partnership in ...

COMEUP 2023 opens in Seoul, aims to become a truly global event

Editor’s note: TNGlobal is one of the selected international media organisations invited to Comeup 2023. (sponsored) The COMEUP 2023 kicked off in Seoul on Wednesday with the slogan “We Move ...

Singapore’s Perfect Nature raises $740,000 seed funding for subsidiary Snuugo

Perfect Nature, a Singapore-based healthcare and lifestyle company, has secured SGD $1 million ($740,000) in seed funding for its subsidiary brand, Snuugo, the first intuitive and smart wearable breast pump ...

Malaysia’s Khazanah Impact Innovation Challenge 2023 unveils Top three winners

The Khazanah Impact Innovation Challenge (KIIC) 2023 has concluded its Demo Day on Tuesday, where 15 finalists representing impactful Malaysian businesses pitched for potential equity investments and/or debt funding from ...

Malaysia’s TNB partners Singapore’s Charge+ for cross-border EV charging platform

Tenaga Nasional Berhad (TNB), Malaysia’s sustainable energy solutions provider, and Chargeplus Sdn Bhd (Charge+), a subsidiary of Singapore-based integrated electric vehicle (EV) charging solution provider Charge+ Pte Ltd., have announced ...

Rivian & Amazon end Exclusive Deal, Electric Commercial Van Offered to More Companies

Rivian Automotive, Inc. has announced that it will enable companies other than Amazon to purchase its custom-designed Rivian Commercial Van. Amazon initially had an exclusive contract with Rivian. The Rivian ...

Thailand’s SCG’s IoT unit eyes China market, powered by Tuya Smart

Editor’s note: TNGlobal‘s reporter attended the Tuya Innovation Roundtable (Asia Pacific) in Bangkok, Thailand. (sponsored) Siam Cement Group (SCG), the largest cement and construction materials producer in Southeast Asia, is ...

Kia secures top honors in 2023 Golden Steering Wheel Awards

Golden Steering Wheel success follows ‘German Luxury Car of the Year 2024’ win in September Successive Golden Steering Wheel awards for serial winner Kia The Golden Steering Wheel Awards recognize ...

May Mobility Announces $105mn Investment Round led by Japan's NTT Group

May Mobility, a US developer of autonomous vehicle (AV) technology, has closed a $105 million Series D round as part of its ongoing fundraising efforts. The round has been led by Japanese ...

Singapore’s Studio 30 50 launches open call for startups to fast-track commercial viability via maritime

Studio 30 50, a Singapore-based MaritimeTech venture studio, has launched applications for its next cohort of startups and founders eyeing commercial scale in the maritime industry in 2024. Studio 30 ...

OneDegree Global, Eazy Digital forge strategic alliance to offer innovative solutions for insurance providers

Singapore-based insurance technology solutions provider OneDegree Global (OneDegree) and Thailand-based sofeware as a service (SaaS) insurtech startup Eazy Digital have joined forces in a strategic partnership aimed at setting a ...

Animoca Brands Japan, San FranTokyo, Cool Cats team up to amplify Cool Cats IP in Japan and anime markets

Animoca Brands Japan, San FranTokyo by KLKTN, and Cool Cats Group LLC have teamed up to deepen their collaborative efforts to accelerate Cool Cats’ expansion into the Japanese and anime ...

The leading role of embedded finance in the Philippines’ renewed digitalization thrust

The national goal of shifting half of the Philippines’ retail payments this year to digital from cash is on track, making holistic financial inclusion a reality for even more Filipinos. ...

Automechanika Kuala Lumpur to become an annual automotive event from 2024 onwards, driven by increased industry calls

Messe Frankfurt extends its support to the Malaysian market by confirming a yearly edition of Automechanika Kuala Lumpur Next Show: 1 to 3 August 2024 at the Kuala Lumpur Convention ...

2025 Ram 1500 Ramcharger Unveiled With Targeted Range of up to 690 Miles

The all-new 2025 Ram 1500 Ramcharger with a targeted range of up to 690 miles has been unveiled by Stellantis’ US brand Ram. It features a 92 kilowatt-hour (kWh) battery ...

Polestar Chooses SK On to Supply Battery Cell Modules for the Polestar 5 Electric GT

Sweden’s Polestar and South Korean battery manufacturer SK On have signed an agreement on the supply of battery cell modules for the forthcoming Polestar 5 electric 4-door GT. Polestarw says ...

Singapore’s Earth VC participates in Finnish Earth observation company Kuva Space $18M funding round

Finnish Earth observation company Kuva Space has successfully raised €16.6 million ($17.85 million) in funding. Kuva Space said in a statement on last Thursday that the funding round was led ...

HPCL partners Gogoro to rollout battery swapping across retail outlets in India

Gogoro Inc., a Taiwan-based technology firm in battery swapping ecosystems, has partnered Indian oil firm Hindustan Petroleum Corporation Ltd. (HPCL) to rollout battery swapping across retail outlets in India. Gogoro ...

Vietnam’s FPT acquires US product engineering services firm Cardinal Peak

Vietnam-based information technology service company FPT has announced its acquisition of the United States-based product engineering services firm company Cardinal Peak, a strategic move to strengthen its product engineering delivery ...

Professor Pisano: VinFuture Prize “bringing great attention and credit to Vietnam” [Q&A]

The VinFuture Prize, now in its third season, has seen a remarkable surge in nominations, totaling over 1,300, nearly triple the inaugural year. Professor Albert P. Pisano, Co-chair of the ...

Malaysia’s TNB partners Petronas to explore CCS technology for gas-fire power plants

Malaysian utility firm Tenaga Nasional Berhad (TNB) has partnered with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) to explore carbon capture and storage (CCS) technology for gas-fired power ...

The Sandbox announces open publishing and new 100M SAND Game Maker Fund

The Sandbox, a decentralized gaming virtual world and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has announced the open publishing and new 100M SAND Game Maker Fund. The ...

Malaysia’s MY E.G. blockchain unit Zetrix launches cross border supply chain financing pilot with Chinese banks

Malaysia’s MY E.G. Services blockchain unit Zetrix, has announced the commencement of a pilot project to offer supply chain financing products in conjunction with Chinese banks for international importers and ...

Japan-based AnyMind expands into South Korea

AnyMind Group, a Japan-based technology company for the business supply chain, has on Monday announced that it has entered South Korea, with an office in Seoul, to initially help businesses ...

‘Tis the season to be shopping: Can businesses still capitalize on sales events in APAC?

Online merchants are gearing up for the biggest shopping festivals across APAC, but are they still relevant against today’s economic backdrop? Are businesses and consumers still benefiting from turbocharged sales ...

KG Mobility and BYD Agree to Expand Strategic Partnership

KG Mobility and BYD have agreed to expand their strategic partnership. This includes a battery pack factory agreement in Korea and an agreement to jointly develop next-generation hybrid systems. The expansion ...

Before creating your own product, learn how to remix

Copying what’s been done before or imagining what’s next: which do you see as the most critical founder skill? Most people would probably go with the latter. But I actually ...

Singapore venture capital firm Clay Capital closes second fund at $145M

Singapore-based venture capital firm Clay Capital has announced fund two, a $145 million global fund to reconnect and strengthen the link between human health and the health of the planet ...

Singapore’s Engine Biosciences secures $27M in Series A extension led by Polaris Partners

Engine Biosciences, a Singapore-based company leveraging machine learning and high-throughput biology to discover and develop precision oncology medicines, has on Wednesday announced the completion of a $27 million Series A ...

Renault & Valeo to Develop Next Generation E7A Electric Motor

Renault Group and Valeo are combining their expertise to create the E7A, a new electric motor generation. They each pooled one key part (Renault Group the rotor, Valeo the stator) as ...

Singapore’s STACS launches Upgraded ESGpedia platform

Singapore-based environmental, social, and governance (ESG) data and technology solutions company STACS, has launched upgrades to its ESGpedia platform, offering digital tools to help businesses and financial institutions comply with ...

Ford Trucks & Germany's QUANTRON Announce Plans to Develop Hydrogen-Powered Vehicles

Ford Trucks, and Gdemfrany’s Quantron AG, a specialist in sustainable passenger and freight transport, a ave jointly signed a Letter of Intent (LOI). The focus of the collaboration lies in ...

South Korea’s Shinhan EZ enters Indonesian insurance market via partnership with Tap Insure

Shinhan EZ General Insurance, a subsdiairy of South Korean conglomerate Shinhan Financial Group Co. Ltd, is entering Indonesian insurance market via the partnership with Tap Insure, a strategic partner within ...

Singapore’s Temus acquires digital services provider Decision Science Agency

Temus, a digital transformation services firm headquartered in Singapore, has acquired Decision Science Agency (DS), a home-grown digital services provider focused on agile application development with over 70 professionals in ...

MAS bars DBS Bank from acquiring new business ventures for six months after prolonged disruption

The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank Ltd’s (DBS Bank) non-essential information technology (IT) changes to ensure that the bank keeps sharp focus ...

US’s Chemonics invests $5M in Philippine venture builder Talino Venture Studios

United States consulting firm Chemonics International announced Monday that it has invested $5 million in Philippine venture builder Talino Venture Studios. Chemonics said in a statement that supported by the ...

Indian venture capital firm Java Capital announces final close of fund at $6M

Java Capital, an India-based deep tech venture capital fund, has on Tuesday announced the final close of INR 50 crore ($6 million) fund. Java Capital said in a statement that ...

TrustBridge Forum: Bridging Trust and Value for a Connected Digital Future

TNGlobal, in partnership with Ant Group Digital Technologies, is thrilled to announce the TrustBridge Forum, scheduled for November 15, 2022, at the prestigious Park Avenue Changi Hotel in Singapore. The ...

Volvo Cars Launches new Energy Solutions Business for EV Owners

Volvo Cars is launching Volvo Cars Energy Solutions, a completely new business unit that will offer energy storage and charging-related technologies and services. They will include bi-directional charging, a technology ...

Hyundai Motor Group Draws Attention to Busan's Bid for 2030 World Expo with Large-Scale Outdoor Advertisements in Paris

Hyundai Motor Group to launch large-scale outdoor advertisement in Paris throughout November to support Busan’s bid for 2030 World Expo Digital advertisement captures vibrant designs featuring iconic Busan symbols like ...

AirAsia parent Capital A to list brand management unit on NASDAQ via SPAC deal

Malaysia-headquartered Capital A Bhd, the investment holding company of AirAsia, airasia MOVE (formerly known as airasia Superapp), logistics venture Teleport, and Capital A aviation services group, announced on Wednesday that ...

Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M

Malaysia-headquartered Axiata Group Bhd announced on Thursday that Japan-based conglomerate Mitsui & Co., Ltd will invest $58 million in Axiata Digital & Analytics Sdn Bhd (ADA), facilitated through ADA’s holding ...

Indonesian pet health and nutrition company secures new funding led by East Ventures

Compawnion, an Indonesian pet food company, has secured a new funding led by East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia. Compawnion said in a statement ...

Funding Societies raises $7.5M in debt from Norfund

Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised $7.5 million in debt ...

Singapore’s SPH Media to acquire tech media firm Tech in Asia

Singapore’s largest news publisher SPH Media announced on Wednesday that it has entered into an agreement to acquire Tech in Asia Pte. Ltd. (TIA), a technology media company that serves ...

Hyundai Motor Group Tallies 11 Wins at the 2023 Newsweek Autos Awards

Hyundai Motor, Kia, and Genesis brands recognized with eight product awards and three overall brand awards in 2023 Newsweek Autos Awards 11 accolade haul follows eight wins for Hyundai Motor ...

Porsche Expands Partnership With Google; Will Integrate Google Maps Into Vehicles

Porsche and Google are expanding their collaboration with the goal of enabling even deeper integration of Google services in Porsche vehicles. Porsche will offer Google services for navigation, speech, and ...

NTT DATA gets contract from Singaporean government to provide data platform for EV

NTT DATA Singapore (NTT DATA), a unit of the Japan-based telecommunications firm NTT Group, has announced a groundbreaking partnership with electric vehicle (EV) ecosystem orchestrator EV-Electric Charging Pte Ltd. (EVe), ...

Ola Electric EV sales up 2.5 times year on year to 24,000 units in October

Ola Electric, an India-based electric vehicle (EV) and ride-hailing company, announced Tuesday that its EV sales up 2.5 times year on year during Navratri & Dussehra to about 24,000 units ...

MoMo integrates payment solution into the Grab app

MoMo, Vietnam’s fintech unicorn, and Grab Vietnam have on Wednesday announced the integration of MoMo’s payment solution into the Grab app. The duo said in a statement that this partnership ...