Gobi-Core appointed as a co-investment partner for Philippine government’s Startup Venture Fund

The fund currently has an allocation of US$10mil
Gobi-Core, SVF to co-invest in high potential startups The Gobi-Core Philippine Fund (Gobi-Core) has been officially accredited, this month, as a Co-Investment Partner (CIP) of the Philippine government’s Startup Venture Fund (SVF), one of the first since the fund’s inception in 2021. 
In a statement,…Continue Reading

FMM: Budget 2023 lacks specific support for manufacturing

Agrees reintroduction of GST not ideal now but urges govt to consider it for 2024
Disappointed National TVET Apprenticeship & National Automation Fund idea not adpted The revised Budget 2023, unveiled recently by Finance Minister Datuk Seri Anwar Ibrahim with the theme “Membangun Malaysia Madani”, is the Unity Government’s first budget which outlines its policies and priorities. 
The…Continue Reading

Aerodyne Group executes 21st M&A with stake in Italian drone services company, Aiviewgroup

Italian commercial drone market to grow to US$595mil in 2026
Expands Europe presence, after Germany, Austria, Switzerland Aerodyne Group, the world’s leading drone solutions provider, announced its twenty-first global M&A today, entering the Italian market directly through a strategic investment in Aiviewgroup, the top drone service provider in Italy.
This is Aerodyne’s second…Continue Reading

Petronas Futuretech 3.0 opens up to Asia Pacific, seeks game changing startups 

Petronas pivots towards developing technology-driven sustainable solutions
Impart best practices, offer startups greater market access & regional scalability PETRONAS FutureTech 3.0, an accelerator programme to nurture technology startups, is now open to applicants in the Asia Pacific region, the first time the programme is expanding beyond Malaysian shores.
Co-organised by Petronas Ventures and…Continue Reading

Manav Kamboj appointed as MD, fintech, in addition to current role of CTO at PropertyGuru Group

Will lead the firm by leveraging tech, data to further drive digitalisation 
Claims its mortgage business has brokered over US$2.2 billion home loans as of Q32022  PropertyGuru Group Limited (PropertyGuru) announced that Manav Kamboj (pic), the chief technology officer (CTO) of PropertyGuru Group will assume leadership of the PropertyGuru Fintech business as…Continue Reading

AWS study shines spotlight on value of digital skills for workers and countries

76% APAC firms accept digital certifications as substitutes for bachelor’s
Firms that hire advanced digital workers have 150% higher revenues Advanced digital workers earn 65% more than non-digital workers, adding nearly US$1 trillion (RM4.44 trillion) to Asia Pacific’s annual GDP.
These results come from a recent “Asia Pacific Digital Skills Study: The Economic…Continue Reading

Boost for Malaysian startup ecosystem as 100Soonicorns program selects its first 24 founders

Aspires to create a founder driven leadership and coaching program
Identify startups with potential to grow into Malaysia’s next Unicorns ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd in partnership with Penjana Kapital Sdn Bhd and Malaysia Digital Economy Corporation (MDEC), has announced the selection of the first two…Continue Reading

Boost for Malaysian startup ecosystem as100Soonicorns program selects its first 24 founders

Aspires to create a founder driven leadership and coaching program
Identify startups with potential to grow into Malaysia’s next Unicorns ScaleUp Accelerator Sdn Bhd (ScaleUp Malaysia) and Proficeo Consultants Sdn Bhd in partnership with Penjana Kapital Sdn Bhd and Malaysia Digital Economy Corporation (MDEC), has announced the selection of the first two…Continue Reading

Alibaba Entrepreneurs Fund Launches Jumpstarter 2023 Global Pitch Competition

Startups are encouraged to integrate UN Sustainable Goals
The top 30 startups will be eligible for investment and cash prizes Alibaba Hong Kong Entrepreneurs Fund (AEF) announced the JUMPSTARTER 2023 Global Pitch Competition is now open for applications. Jumpstarter 2023 is open for applications from now until 14 May 2023. 
The top 100 entrants…Continue Reading