TOP 50 MOST FUNDED DIGITAL STARTUPS IN ASEAN IN 2018

TOP 50 MOST FUNDED DIGITAL STARTUPS IN ASEAN IN 2018

Aviation and Aerospace, Brunei, Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Kalimantan, Our Community, Renewable Energy, Sabah, Sarawak, Smart City
1. Singapore – GRAB ($5.8 billion) Grab is Southeast Asia’s leading ride-hailing platform that offers the fastest booking service for taxis, private cars and motorbikes through one mobile. Their go-to-market strategies and campaign have successfully garnered countless users across 6 countries in less than four years. 2. Singapore – Sea (Garena) ($2.0 billion) Garena is a leading platform provider for online PC and mobile digital content in Southeast Asia and Taiwan, as well as the exclusive operator in the region for popular titles such as League of Legends, FIFA Online 3, Point Blank, Blade & Soul and Arena of Valor. 3. Indonesia – Tokopedia ($1.1 billion) Tokopedia’s mission is to democratize commerce through technology. Since its founding in 2009, Tokopedia has been a force that pioneers digital transformation in Indonesia. 4. Malaysia –…
Read More
Top 20 best funded startups in Malaysia

Top 20 best funded startups in Malaysia

Aviation and Aerospace, Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Our Community, Renewable Energy, Sarawak, Smart City
With one of the most developed digital economy in the region, Malaysia is a key country for startups in Southeast Asia. With a maturing startup eco-system, Malaysia is home to an ever-growing number of companies that aim at developing a solid base of operations there before expanding abroad. The startups and technology companies listed hereafter are involved in a number of industries and businesses, from digital media to e-commerce, financials services to software and much more, Malaysian startups are engaged in the development of new verticals and the disruption of a broad range of industries. Not as famous as some startups from Singapore, Malaysian startups often focus on small business niches and tackle professional problems. But even though they have not yet joined the restrictive group of unicorns of Southeast Asia, Malaysian startups…
Read More
Malaysia says it’s using Huawei technology ‘as much as possible’

Malaysia says it’s using Huawei technology ‘as much as possible’

Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Renewable Energy, Sabah, Sarawak, Smart City
Hong Kong (CNN Business) The US campaign against Huawei is causing some countries to think twice about using the Chinese company's products. Malaysia is not one of them. "We try to make use of their technology as much as possible," Malaysian Prime Minister Mahathir Mohamad said in Tokyo on Thursday, before praising Huawei's research prowess. The Trump administration has for months waged a campaign against Huawei, preventing US companies from selling components to the telecom equipment maker and urging allies not to use its products in their 5G networks. The United States claims that Beijing could use Huawei equipment to spy on other countries, a charge the company has repeatedly denied. The fight is forcing governments and telecom providers to make tough choices about using Huawei gear in their next-generation…
Read More
Airbnb invests in India’s biggest hotel company

Airbnb invests in India’s biggest hotel company

Digital Economy, Entrepreneurs, FinTech, Smart City
New Delhi (CNN Business) Airbnb is investing in an Indian hotel chain that wantsto become the world's biggest within five years. The company took part in the latest funding round at OYO, one of India's most valuable startups, it said Monday. Neither Airbnb nor OYO would comment on the size of the investment, but it could be as much as $200 million, according to media reports. OYO was valued at $5 billion in 2018. "Emerging markets like India and China are some of Airbnb's fastest-growing, with our growth increasingly powered by tourism to and from these markets," Greg Greeley, president of Homes at Airbnb, said in a statement. "In many of these markets, OYO is empowering local hospitality entrepreneurs to provide more options to more travelers," he added. OYO, which…
Read More
Indian hotel startup OYO is making a big move into Europe

Indian hotel startup OYO is making a big move into Europe

Digital Economy, Entrepreneurs, FinTech, Smart City
New Delhi (CNN Business) India's biggest hotel company is buying a European rival in its bid to become the global market leader. OYO is paying €369.5 million ($415 million) for @Leisure Group, based in Amsterdam, according to sources familiar with the transaction. German media company Axel Springer said in a statement it would receive €180 million ($202 million) for its 51% stake. The deal is expected to close in June this year. The European vacation rental group operates more than 30,000 holiday homes in 13 countries, and another 85,000 properties across 50 countries under a subscription-based home management service. OYO said in a statement that the acquisition will help achieve its goal of "becoming a global real estate brand while maintaining leadership in the hospitality industry." It also increases OYO's…
Read More
Indian hotel startup OYO is planning to be bigger than Marriott

Indian hotel startup OYO is planning to be bigger than Marriott

Digital Economy, Entrepreneurs, FinTech, Smart City
New Delhi (CNN Business) India's biggest hotel chain is targeting global domination. OYO, which launched just five years ago as a platform to book budget hotels in India, says it's adding rooms faster than the world's top three hotel chains combined. "By 2023 we want to be the largest and most preferred hotel chain in the world," an OYO spokesperson told CNN. Headquartered in Gurgaon, a tech city on the outskirts of Delhi, the company now owns or franchises hotels in global cities including London, Beijing, Shanghai and Kuala Lumpur. It operates nearly 9,000 hotels with 170,000 rooms across India. Including its international business, it offers 460,000 rooms in eight countries. OYO currently has almost half a million hotel rooms worldwide. That still leaves it trailing way behind global market…
Read More
24-Year-Old Is The First Malaysian To Receive A US University’s Highest Engineering Award

24-Year-Old Is The First Malaysian To Receive A US University’s Highest Engineering Award

Community Initiative, Digital Economy, FinTech, Industry 4.0, Renewable Energy, Smart City
Saiful, who is a Public Service Department (JPA) scholar, was awarded the College of Earth and Mineral Sciences' Engineering Honor Marshal on Friday, May 3. He is currently pursuing a Bachelor of Science in Petroleum and Natural Gas Engineering, with a Minor in Energy Business and Finance. Additionally, the JPA scholar achieved a Cumulative Grade Point Average (CGPA) of 4.0. "Saiful Hakimi has demonstrated his academic achievements considerably, as well as strong leadership skill throughout college, in addition to the various initiatives he has taken beyond [the] academic classroom," representatives of the University said, according to JPA's statement. Saiful's parents were present during the auspicious event. In a video speech posted to JPA's Facebook page, Saiful expressed his thanks to the Department for sponsoring him and his friends for the…
Read More
Kota Kinabalu lokasi terbaik laksana trem pertama di Malaysia

Kota Kinabalu lokasi terbaik laksana trem pertama di Malaysia

Digital Economy, FinTech, Industry 4.0, Sabah, Smart City
Teknologi trem dilihat sangat mapan dan mampu memberi kesan positif kepada penduduk setempat. – Gambar hiasan TATKALA projek kereta api hangat diperkatakan ibarat ‘pisang goreng panas’ di semenanjung Malaysia, siapa sangka sebenarnya bandar raya Kota Kinabalu merupakan destinasi terbaik perlaksanaan Trem pertama di Malaysia. Mengapa saya kata begitu? Trem Hong Kong disediakan sebagai salah satu strategi daya tarikan pelancong di kawasan terpilih Perlaksanaan projek trem ini sinonim dengan kawasan strategik bandar raya Kota Kinabalu. Siapa yang masih ragu bahawa sebenarnya bandar raya Kota Kinabalu merupakan pusat bandar raya perlancongan bertaraf antarabangsa dan pesat membangun sejak 15 tahun dahulu. Kawasan bandar rayanya yang hampir dengan laut di samping banyak hotel bertaraf 5 bintang menambahkan lagi seri bandar raya tersebut. Malah, terdapat perancangan untuk membina hotel dan taman tema perlancongan bertaraf 6…
Read More
Use Gawai Dayak to enhance unity, Kenyah community told

Use Gawai Dayak to enhance unity, Kenyah community told

Creative Arts & Design, Digital Economy, Farming & Agriculture, FinTech, Sarawak, Smart City
Anyi (third left) joining in a paddy harvesting ceremony to symbolically launch the 3rd Majlis Selamat Lepa Ajau organised by Peng Lepo Abong, Long Julan Pelutan on Saturday. Also seen are Dennis (third right) and James (fourth right). MIRI: Baram MP Anyi Ngau has advised members of the Kenyah community to take the Gawai Dayak or Lepa Ajau in their native language as an opportunity to enhance unity and solidarity among themselves. Anyi noted that Gawai Dayak is a unique festival as it is not only an occasion of thanksgiving for a bountiful harvest but also serves as platform to bring the people of various races and religions in Sarawak to come together in an atmosphere of celebration and peace. “For us the Orang Ulu community, like the Kenyahs, the…
Read More
Unimas to get teaching hospital to facilitate medical students

Unimas to get teaching hospital to facilitate medical students

Community Initiative, Digital Economy, FinTech, Industry 4.0, Our Community, Sarawak, Smart City
Dr Kadim (second left) exchanges the Memorandum of Understanding (MoU) document with Beijing Wuzi University Vice President Professor He Mingke (third right). KUCHING: Universiti Malaysia Sarawak (Unimas) will soon have a 300-bed teaching hospital located just outside its campus at Kota Samarahan here within the next four years. When approached by reporters after the MoU signing ceremony between Beijing Wuzi University and Unimas at the latter’s campus, Unimas Vice Chancellor Professor Datuk Dr Mohamad Kadim Suaidi said that the project had already obtained approval from the government and is expected to begin construction in the first quarter of 2020. “The present estimated (of the teaching hospital construction) cost is about RM560 million and hopefully it can be completed within three to four years,” said Kadim, who stated that the project…
Read More