BEAMSTART

Japan’s MUFG invests over $700 million in Grab.

MUFG wants to offer financial services and loans to Grab users.

Malaysian Ringgit falls lower to RM4.16 against the Dollar.

Economists project it could continue falling.

Apple to launch iPhone SE 2 on 31 March

At an event on 31 March, Apple is expected to launch the much-awaited iPhone SE 2 or the iPhone 9.

Indonesia reports deficit in January on slowing trade with China

Indonesia's exports to China dropped significantly to trigger a deficit in January.

Alibaba reports strong revenue in Q4 2019

Results for next quarter may decrease due to slowing economy.

India’s Simsim bags $16 million in 3 rounds

Simsim is an e-commerce company enabling community opinion leaders (influencers) to sell products to thousands of micro-communities in India.

Food waste is destroying our planet, and Malaysia's Eco Foodsoft is trying to prevent it.

Reducing climate change, pollution, contamination, and more.

Indonesia’s Gojek targets 100 million orders per month in Gofood

Gojek aims to continue its focus on empowering small and medium businesses.

Citilink Indonesia launches Surabaya-Jeddah route

Established in 2001, Citilink is a low-cost airline headquartered in Jakarta, Indonesia.

Brandless, a SoftBank-invested startup has closed down.

The company was valued above $500 million at it's peak.

Malaysia’s Forward School secures US$500K in pre-seed funding from angel investors

The edutech startup currently offers bootcamps for Android and iOS app development, React Native development, data science, and user experience design.

Indonesia to stop gas exports to Singapore in 2023

To cater to domestic demand, Indonesia’s Energy and Mineral Resources Ministry has decided to stop gas shipments to Singapore in the next three years.

Beijing builds new factory in one week, producing 10 million masks a month

The factory is located in the Yizhuang Economic-Technological Development Area in southeast Beijing.

Zenius receives new funds for expansion across Indonesia

Edtech startup Zenius has secured US$20 million in a Series A funding round led by Northstar Group.

Japan’s H20 secures US$7 million in Series B funding

H20 has raised US$7 million in a Series B funding round from Samsung Ventures, Stonebridge Ventures, IMM Investment, and Shinhan Capital.

Grab acquires Singapore’s Bento Invest

The acquisition enables Grab to provide retail wealth management and investment solutions to users, driver-partners, and merchant-partners across the region.

Standard Chartered and MaGIC in strategic partnership to amplify social entrepreneurship landscape in Malaysia

SEtia [Social Entrepreneurs : Transformation, Innovation & Acceleration] is set to enhance social entrepreneurs’ capacity building

Indonesia's Arkademi secures funding from SOSV

Arkademi has announced the undisclosed amount of funding from SOSV.

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