Meraque bags ASEAN award at Global Youth Innovation & Entrepreneurship Competition in Shandong

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Offered a partnership by Shandong govt to establish a manufacturing facility in China
It holds the largest market share for drone spraying services in Malaysia

Meraque Group, a Malaysian company that delivers Unmanned Aerial Vehicles (UAVs) and robotic technologies solutions, announced it won the Global Youth award at the Global Youth Innovation & Entrepreneurship Competition…Continue Reading

Indonesian fintech Orderfaz raises pre-seed round from 1982 Ventures

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Developed for Indonesia’s unique social-centric online market
Indonesian social commerce market expected to reach US$90bil by 2028

Orderfaz, an Indonesian fintech startup for social commerce sellers, today announced the completion of an undisclosed pre-seed financing led by 1982 Ventures. 
“Building off one of the world’s most digitally-connected populations, social commerce adoption has exploded in Indonesia,…Continue Reading

AC Ventures’ ESG Head Lauren Blasco Recruited by ASEAN Business Advisory Council for Carbon Center of Excellence

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Will serve a five-year term advising public and private stakeholders on voluntary carbon markets.
ASEAN Alliance on Scaling Carbon Markets to be launched, aims to scale up voluntary carbon markets across ASEAN

The ASEAN Business Advisory Council (ASEAN-BAC) Green & Sustainable Working Group has inducted AC Ventures’ Principal and Head of ESG Lauren…Continue Reading

Cross-border data flows improving in ASEAN as countries embrace open data transfer policies: Salesforce

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Indonesia moves up two spots to 13th since 2021
Singapore retains the third spot behind Japan and the UK

Salesforce released Data Beyond Borders 3.0, its third report analysing the state of G20 economies and Singapore’s openness to cross-border data flows. “Cross-border data transfers drive economic success. In ASEAN, economies like Singapore are reaping the…Continue Reading

Boost becomes first digital financier in Malaysia to get investment-grade rating upgrade to AAA by RAM

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First fintech in Malaysia to receive highest possible issue rating
Upgraded rating cements already established market confidence in M’sia, SEA

Boost, the fintech arm of Axiata, recently achieved a milestone by becoming the first digital financier in Malaysia to be upgraded to the highest investment-grade issue rating of AAA by RAM Ratings. The…Continue Reading

Indonesia’s eFishery nets US0m funding, claims to be first aquaculture startup to cross USbil valuation

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Led by 42XFund from Abu Dhabi, with Malaysia’s KWAP, 500 Global & others
eFishery contributed 1.55% of Indonesian aquaculture sector GDP in 2022

eFishery, an aquaculture company from Indonesia, announced it had raised US$200 million (RM931.6 million) in Series D funding last week to accelerate its target of developing the cultivator community in Indonesia and increasing…Continue Reading

Malaysian Productivity Corp and UiTM introduce productivity module for final semester students

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65 students from the elective final year took the course
Is one of the modules for students in the faculty of Mechanical Engineering

The Malaysian Productivity Corporation (MPC) developed a new productivity-related module to strengthen students’ knowledge in achieving the government’s agenda to increase the nation’s productivity.
The new module is a collaboration between…Continue Reading

BNM announced winners of the AML/CFT Hackathon 2023

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Participants from regulatory bodies, law enforcement, financial institutions, undergrads​
Calls for relevant stakeholders to explore digital tools prototyped & combat financial crimes

Bank Negara Malaysia (BNM) has announced the winners of the Anti-Money Laundering/Counter Financing of Terrorism Hackathon 2023. The Hackathon was launched in April and attracted over 660 participants from 140 teams, representing more than 20 countries from the…Continue Reading

Kroll: Lack of communication weakens cyber resilience, say 52% of Singapore’s senior security decision makers

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95% of security decision-makers lack senior leadership trust in protecting firms
Only 20% of security professionals with cyber-mature security ops have cyber insurance

Kroll, the leading independent provider of global risk and financial advisory solutions, announced the release of its report State of Cyber Defense 2023: The False-Positive of Trust. 
In a statement the…Continue Reading