West Java Governor Ridwan Kamil officially opened the first Jabarano cafe in Melbourne.
With participation from regional family offices and angel investors, Tonik’s funding round led by VC investors Insignia Ventures Partners and Credence Partners.
Malaysia said it aims to become the biggest aerospace nation in Southeast Asia by 2030.
Regions considered for the US$1.21 billion facility are Bangka Island, Sumatra and West Kalimantan.
MUFG wants to offer financial services and loans to Grab users.
Indonesia's exports to China dropped significantly to trigger a deficit in January.
Results for next quarter may decrease due to slowing economy.
Gojek aims to continue its focus on empowering small and medium businesses.
The edutech startup currently offers bootcamps for Android and iOS app development, React Native development, data science, and user experience design.
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.
Edtech startup Zenius has secured US$20 million in a Series A funding round led by Northstar Group.
H20 has raised US$7 million in a Series B funding round from Samsung Ventures, Stonebridge Ventures, IMM Investment, and Shinhan Capital.
The acquisition enables Grab to provide retail wealth management and investment solutions to users, driver-partners, and merchant-partners across the region.
Arkademi has announced the undisclosed amount of funding from SOSV.
European investment firm Kharis Capital, and Nicholas Cator, MD of Venturi Partners also participated in this funding.
Zulu marks Gojek’s first investment in Indonesia’s consumer goods sector.
Foodpanda has launched an on-demand delivery service called Pandanow.
Indonesian e-commerce Blibli has opened the first retail store to establish an offline presence, complementing the rapidly growing BlibliMart online grocery store.
Grab has introduced its electric car fleet at Soekarno-Hatta Airport, Indonesia.
Up to now, KoolKost has operated more than 100 property networks in 14 cities throughout Indonesia.
Amazon Web Service (AWS) and Qualcomm have met Indonesia’s Minister of Communication and Information Technology Johnny G. Plate to convey their interest in investing in Indonesia.
KoinWorks has signed an agreement with the government to provide training, mentoring and access to lending to around 4,900 SMEs.
The central bank in a surprise move cut its key interest rate by 25 basis points to 2.75% to protect economic growth.
Edtech startup Gredu has raised undisclosed amount investment in its Pre-Series A funding round from Vertex Ventures.
The funding round also involves other investors, including Sovereign’s Capital, SMDV, Skystar Capital, Convergence Ventures, RMKB Ventures, Prasetia, and Everhaus.
TurtleTree Labs has raised an undisclosed amount of pre-seed funding in a round led by Lever VC.
Due to weakness in bakery and food concept divisions, coupled with the turmoil in Hong Kong, BreadTalk Group is likely to report a loss for the financial year ended December 31, 2019.
Organized by startup ecosystem builder, START, in collaboration with Techsauce, BaseConf 2020 is the first-ever technology conference held in Iskandar Malaysia.
The Jakarta-based e-commerce platform for motorcycles has received an undisclosed amount of funding in its pre-Series A round led by East Ventures.
In pre-Series B+ funding, AI and drone startup Clobotics has secured US$10 million from Tiger Investment.
Securities Commission Malaysia (SC) has published guidelines for crypto IEOs while banning ICOs.
Previously, the startup has secured US$5.1 million in Series A funding in 2018 also led by Vertex Ventures.
Indonesian trucking and warehousing platform Waresix has bagged US$11 million from EV Growth and Jungle Ventures in an extended Series A round.
The anticipated event will be held at Sasana Kijang, Kuala Lumpur.
Thailand’s fintech company Lightnet has raised US$31.2 million in Series A funding round led by UOB.
Betatron will invest up to US$500,000 in each startup joining the next round of its program.
As part of Grab’s 2020 expansion strategy, the ride-hailing giant in Southeast Asia has launched its first cloud kitchen in Singapore.
Hong Kong’s Dash Living has acquired Singapore’s Easycity to become one of the largest players in the Asia Pacific.
The killing of a top Iranian general by the US military will have an impact on Indonesia, specifically on oil prices.
Chinese ride-hailing platform Caocao launched its trial service in Paris last week.
As the US-China trade war hit global markets, Singapore's economy grew just 0.7 percent in 2019.
Indonesian taxi company Blue Bird will add 200 electric vehicles to its fleet this year.
More than 50 billion yuan ($7.18 billion) will be invested by Chinese smartphone maker Xiaomi Corp in artificial intelligence and fifth-generation internet technologies over the next five years.
After a request from suppliers, India has decided to cut import taxes on crude and refined palm oil from Southeast Asian countries.
Microsoft will stop providing security updates and support for Windows 7 starting January 14.
Indonesia’s central bank has had talks with some of the biggest electronic payment providers about imposing uniform fees on QR code transactions at 0.7 percent.
WhatsApp will introduce self-destructing messages to its messaging app in 2020.
Singapore Telecommunications (Singtel) is partnering with Grab to apply for a full digital banking license.
From January-December 2020, tourists from China and India will not be required to have a visa to enter Malaysia.
TravelFlan has secured US$7 million in series A funding round led by Sogong PinPoint Kclavis AI Travel Tech Fund.
Vexere has raised an undisclosed amount of funding from Woowa Brothers, Ncore Ventures, and Access Ventures.
Indonesian edtech startup Ruangguru has secured $150 million in Series C funding led by General Atlantic and GGV Capital.
This move aims to control purchases of cheap foreign products and protect small domestic firms.
Tarumanagara University (Untar) and GoPay have signed a partnership for the implementation of the QRIS-based integrated payment system within the campus area.
Facebook has acquired Spanish video gaming firm PlayGiga in a bid to gain footprint into the cloud game streaming market.
Kopi Kenangan announced that it had received Series A extension funding participated by Jay-Z and Serena Williams.
Open Secret, a Mumbai-based food and beverage startup, has secured an undisclosed amount of seed funding led by Matrix Partners.
Facebook is developing its own operating system from scratch in an effort to lessen its dependence on Android and iOS.
Indonesia’s e-money platform LinkAja introduces Ikhsan Ramdan as its new Chief Financial Officer.
WeWork announced on Tuesday that it has secured $1.75 billion in new financing in a fundraising push led by Goldman Sachs Group Inc.
Moody’s Investor Service said Indonesia’s gross domestic product is expected to grow by only 4.9 percent this year and further decline to 4.7 percent in 2020.
Stagnant business performance has pushed Gojek to shut down 5 of its GoLife services.
Gojek is on its track to reach an agreement to buy 5% of the largest taxi operator in Indonesia, Blue Bird.
As unrest continues in Hong Kong, Chinese President Xi Jinping plans to announce policies aimed at diversifying Macau’s economy.
An undisclosed amount jointly invested by Flipkart and Walmart in Ninjacart.
The conference is hosted by START Malaysia and Techsauce Thailand
GrabDriveYourCar helps you find a driver to drive your car to the drop off location.
Malaysian-based hosting provider Exabytes has launched
Two Indonesia’s Gojek founders, Kevin Aluwi and Ryu Suliawan, participated in a $5.5 million series A funding round for Indian digital retail platform m.Paani.
For the first time, China launched its Autonomous Rail Rapid Transit (ART) for commercial use in the Sichuan city of Yibin.
The funding round led by Jungle Ventures with the participation of Shunwei Capital and Alpha JWC.
Communications and Information Minister Johnny G. Plate said Google and Facebook are considering setting up data centers in Indonesia.
After a 3 months intensive programme in Shanghai, China
GrabPay Card enables its users to access rewards ecosystem and conduct payments.
The funding round led by Vectr Ventures and Alibaba Hong Kong Entrepreneurs Fund, with support from APES Ventures, Bright Success Capital, and Ironfire Ventures.
The Series C funding round was led by Asia Growth Fund and Square Peg Capital.
The award validates LITE-ON’s successful transformation to a solution provider.
Komunal announced that it has secured an undisclosed amount of seed funding led by East Ventures and Skystar Capital.
To be in compliance with Malaysia’s new Sales & Services Tax, Google will charge a 6% Services Tax to its users in the country, starting from January 1, 2020.
Data from the Financial Services Authority (OJK) showed the disbursement of bank loans grew only 6.53 percent year-on-year in October, the slowest pace since 2016.
Lippo Group decides to sell a portion of its shares in PT Visionet International (OVO) as it needs partners to develop the financial technology company.
Without mentioning the amount, fintech startup Halofina announced the pre-Series A round of funding from Mandiri Capital Indonesia and Finch Capital.
Mandiri Capital Indonesia (MCI) targets fintech and insurtech startups as its top priority.
To grow local businesses focused on emerging technologies.
The company also plans to seek a virtual banking license in Singapore.
Luno has received approval from the Securities Commission of Malaysia to operate as a Recognised Market Operator.
Cradle is also looking to support more hard tech startups in 2020.
ByteDance is China's most valuable startup today.
The conference is expected to be held in Malaysia and Taiwan in 2020.
Google Indonesia introduced Telkom as its new partner in launching Google Station to provide high-quality wi-fi facility in the country.
Nine rising startups in fintech, insurtech, SaaS, travel, social commerce, and more will unveil their innovative solutions to the world.
To take over Honey Science Corporation, the creator of e-commerce browser plugin Honey, PayPal has agreed to drop $4 billion.
Aimed at supporting protesters in Hong Kong, the US Senate unanimously passed a bill.
Carousell signed an agreement with Telenor Group to merge with 701Search, the owner of Mudah in Malaysia, Cho Tot in Vietnam and OneKyat in Myanmar.
The US-China trade war has forced Taiwanese businesses in China to go back home.
The Eatsy app will help users in booking queues and food in the restaurant.
The project’s initial phase started this month and is expected to roll out across Southeast Asia.
Both Line and Yahoo Japan said discussions were underway but nothing had been decided.
Lower compared to the US$218 million loss it reported in the same period last year.
Without revealing the number, Indonesian fintech company Pintek announced Pre Series A funding led by Global Founders Capital (GFC).
Websites
Industry
Opportunities
BEAMSTART is a Global Community and News Portal for Entrepreneurship. We cover the latest news and bring together a global network of CEOs/founders, Investors, Business Leaders, and Professionals.
Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:
