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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.
Malaysia's car sharing startup Moovby eyes regional expansion after raising US$500k.
Allowing anyone to rent their cars across the region.
After selling her company, Malaysian female CEO launches Jang Su - a new wellness technology brand.
The wellness market is expected to reach US$5 trillion by 2020.
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.
First Malaysian infected by Coronavirus was attending a business conference in Singapore.
The 41-year old victim is from Selangor.
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.
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.
