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New lease of life? Temasek Trust to acquire MoneyOwl to serve youths, essential and gig workers

temasek trust moneyowl

In a move aimed at advancing financial well-being for specific community groups, Temasek Trust, the philanthropic steward and ecosystem-builder, has signed an Expression of Interest with NTUC Enterprise Co-operative Limited to explore the acquisition of MoneyOwl. MoneyOwl, established in 2018 as an NTUC social enterprise, combines human expertise with digital platforms to deliver comprehensive financial […]

A digital nomad’s guide to (almost) all the coworking spaces in Klang Valley & the prices

The coworking space industry isn’t exactly looking its hottest these days, what with WeWork’s filing for bankruptcy recently. However, that’s over in the West. Coworking spaces are certainly still well and alive in Malaysia, with a number of startups in the space actively growing and being profitable. Established chains aside, the local industry is also […]

He started selling homemade fruity fresh milk online, now has a physical cafe in Subang

The beverage scene in Malaysia is quite vibrant, with a wide array of local and international brands selling different drinks, with the bulk of them being coffee or tea-based. But hidden amongst these beverage giants is YODmilk Shop, a homegrown brand allowing customers to “Taste the ‘70s”. How? Through its handcrafted ice cream and fruity […]

SEBA created its own AI assistant to innovate its awards ceremony, here’s how it works

If you’re an entrepreneur in Malaysia, you might have heard of SEBA (SME and Entrepreneurship Business Awards), the annual initiative that spotlights and awards local SMEs and entrepreneurs. Organised by Yayasan Usahawan Malaysia (YUM) and curated by Xhale Asia Sdn Bhd (Xhale), SEBA has uncovered many SMEs, enterprises, and entrepreneurs in the region, often recognising […]

Breath of fresh air: These NTU grads created wearable stethoscopes for respiratory patients

aevice health

Years ago, one might have considered wearable technology to be a concept confined to Sci-fi movies. However, today, devices like Apple Watches and Fitbits have become integral parts of our daily lives, especially in the realm of healthcare.  Following the COVID-19 pandemic, the Singapore government has adopted a proactive approach to healthcare, focusing on early […]

Ant Group CEO Eric Jing sheds light on Singapore expansion and going global

eric jing singapore fintech festival

Singapore’s growth as a fintech hub has drawn the attention of Ant Group, the operators of the world’s largest mobile payment platform, AliPay. The platform features over 1.3 billion users and boasts a controlling share in China’s mobile payments market.  Earlier in September, Ant Group opened a new office in Singapore, which will now serve […]

CoinGecko acquires London-based NFT data startup Zash to expand cryptocurrency offerings

coingecko team

Malaysian crypto startup CoinGecko announced their acquisition of London-based Non-Fungible Token (NFT) data infrastructure and intelligence company Zash on Wednesday (November 22). This strategic acquisition is aimed at expanding CoinGecko’s cryptocurrency offerings, solidifying its position as the go-to data aggregator for both fungible and non-fungible tokens. Zash was first established by CEO Parit Patel and […]

Empowering growth: Understanding the dynamics of embedded finance for startups and SMEs in SEA

embedded finance

In the digital age, small and medium-sized enterprises (SMEs) find themselves at the crossroads of abundant opportunities, propelled by the accessibility of diverse digital payments and online marketplaces.  While these avenues promise growth, the sheer volume of options can overwhelm businesses, leading to a growing need for streamlined processes. Amid this landscape, financial institutions have […]

Hyundai to make up to 30K EVs a year at new innovation centre in S’pore with help of 200 robots

hyundai motor group innovation centre singapore

South Korean automotive giant Hyundai Motor Group officially opened the Hyundai Motor Group Innovation Center Singapore (HMGICS) today (November 21). The facility features a highly automated flexible production system, enhancing interactions for electric vehicle (EV) buyers with their vehicles and the Hyundai brand. Established as one of two innovation pillars alongside the new EV factory […]

Everything you need to know about Startup Week Malaysia that’s happening from Dec 1 to 9

Back in June, Bernama reported that Malaysia ranked 20th in the World’s Strong Starters Ranking list, based on Startup Genome’s Global Startup Ecosystem Report 2023. Part of this achievement can be credited back to the Malaysia Startup Ecosystem Roadmap 2021-2030 by the Science, Technology and Innovation Ministry (MOSTI).  The roadmap was developed to transform Malaysia […]

Singapore launches seamless cross-border payment systems with Malaysia and Indonesia

singapore qr paymnet malaysia indonesia

Ever since the pandemic, the demand for digital payments has grown rapidly. Initially, this was spurred by physical distancing rules, which contributed to the growth of online shopping and cashless payments. Since then, however, consumers and merchants alike have grown used to these new means of transaction. Southeast Asia, in particular, is leading the way […]

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