Aims to expand global footprint, strengthen operations
Southern Capital led round with Malaysiaâs Hibiscus Fund among investors Soft Space Sdn Bhd, a Malaysian based leading fintech, today announced it has raised US$31.5 million in its Series B funding round, making it the largest Series B raised by a Malaysian startup. Global drone…Continue Reading
NEW YORK – Moving factories from China to Mexico is one of the few hot topics in an otherwise listless market, US investment bankers say. As American hostility to China rises, US corporations scramble to assure the public as well as inquisitive congressional committees that they are moving operations out of the Middle Kingdom to […]Continue Reading
In the Xi Jinping era, China has struggled to balance how its economic ambitions play beyond its borders. What may look like savvy reform plans in Beijing can easily get lost in translation abroad. Case in point: Communist Party leader Xi is assuming even greater control over China Inc even as insiders argue new Premier […]Continue Reading
Financial technology is a sector that’s growing rapidly across Asia, which is benefiting economies and societies in the region, but some clear – and resolvable – challenges remain. While many of the biggest tech giants are currently based elsewhere, the consumer fintech boom has taken off in Asia like nowhere else. The existence of […]Continue Reading
Watch the webinar video Mobile broadband, Cloud computing and Artificial Intelligence are transforming the Global South. The International Monetary Fund wrote this year, “Digital technologies can increase the efficiency of the public and private sectors, expand financial inclusion, improve access to education, and open new markets by allowing companies to serve distant customers.” At the grassroots […]Continue Reading
Once home to tens of thousands of electronics companies, Huaqiangbei saw annual turnover top 120 billion yuan (US$17.4 billion) at its peak, between 2009 and 2011, the Shenzhen Economic Daily reported. In May 2010, monthly rental for a ground-floor shop in Huaqiangbei could cost more than 3,000 yuan per sqContinue Reading
Endeavor to provide mentorship, intro to global network of investors
To increase number of home-grown tech firms to unicorn status by 2025 Endeavor Malaysia supports Malaysia Digital Economy Corporation (MDEC) as they prime for the launch the Founders Centre of Excellence (FOX) programme, a new initiative guided by the goals set in…Continue Reading
A Chinese cybersecurity watchdog has launched an investigation into the products of Micron Technology, an American memory chip maker – timing the announcement of the probe to come right after Japan joined hands with the United States and the Netherlands to tighten export bans on chip-making tools to China. On Friday, the Japanese government unveiled […]Continue Reading
Four out of the top 10 most downloaded free mobile apps in the US and UK are Chinese-owned.Continue Reading
More than 100,000 workers sent overseas by the Ministry of Labour last year and early this year sent back 299 billion baht in foreign currency to the local economy, according to the Department of Employment.Continue Reading