This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays. You… Continue reading Vantage Point: Grab, Sea results this week to show if big tech has recovered from epic crashSea Ltd clocked a net profit of $422.8m in Q4 2022. Can it…
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@Honda: 450SX Crown Fulfills Honda’s ’23 AMA SX Championship Sweep
SALT LAKE CITY, Utah (May 13, 2023) – With a main-event win Saturday evening aboard his CRF450RWE in Salt Lake City’s Rice-Eccles Stadium, Chase Sexton wrapped up the 2023 450SX Championship at the AMA Supercross series finale. This premier-class crown follows on the heels of twin 250SX titles by Sexton’s Team Honda HRC colleagues, with… Continue reading @Honda: 450SX Crown Fulfills Honda’s ’23 AMA SX Championship Sweep
Sports-tech startup AYO Indonesia scores seed funding from Alpha Momentum, othersAlpha Momentum was AYO Indonesia’s early backer in 2020.
Even as funding for fintech and e-commerce startups in Indonesia has been slowing down amid a prolonged tech winter, PT Ayo Indonesia Maju, a sports-tech startup known as AYO Indonesia, has bagged an undisclosed seed funding from venture capital firm Alpha Momentum Indonesia and other investors. The round was also joined by the country’s badminton… Continue reading Sports-tech startup AYO Indonesia scores seed funding from Alpha Momentum, othersAlpha Momentum was AYO Indonesia’s early backer in 2020.
SG’s Aquilius Partners carves a niche with $400m real estate secondaries fund
The formation of Aquilius Investment Partners is taking place at a unique time in the Asia Pacific, said its founding partners Bastian Wolff and Christian Keiber. While APAC has enjoyed years of capital inflow from the West, few dedicated players have emerged to meet the rising liquidity needs of investors in this market. A number… Continue reading SG’s Aquilius Partners carves a niche with $400m real estate secondaries fund
Automotive Manufacturing Equipment Market worth $11.4 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, May 12, 2023 /PRNewswire/ — The global automotive manufacturing equipment market is expected to grow from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at a CAGR of 11.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. Enhancing cost competitiveness through automation in developed countries and growing adoption of Industry… Continue reading Automotive Manufacturing Equipment Market worth $11.4 billion by 2028 – Exclusive Report by MarketsandMarkets™
Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading image_5003628_25470621 Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
WorkJam Partners with Worldwide Flight Services to deliver its Digital Frontline Workplace
Worldwide Flight Service is a global air cargo logistics leader and best-in-class ground-handling partner WorkJam and Worldwide Flight Services will empower the logistics leader’s employees with a range of frontline communication and employee engagement tools LONDON, May 12, 2023 /PRNewswire/ — WorkJam, the world’s leading digital frontline workplace for organisations has today announced a partnership… Continue reading WorkJam Partners with Worldwide Flight Services to deliver its Digital Frontline Workplace
Kazarian Foundation Selects Portugal for European HQ
WASHINGTON, May 12, 2023 /PRNewswire/ — The Charles & Agnes Kazarian Foundation (Kazarian Foundation), a U.S. mid-size non-profit focused on Government Financial Management (GFM) has selected Portugal as the location for its first European headquarters. The Kazarian Foundation’s core competency is to improve Government Financial Management (GFM) and Government Total Balance Sheet (GTBS) literacy. The… Continue reading Kazarian Foundation Selects Portugal for European HQ
Fashion Company DeFacto attends ShopTalk2023 in Barcelona
“To be ahead, you must invest in technology and digitalization today.” BARCELONA, Spain, May 12, 2023 /PRNewswire/ — The global fashion company DeFacto participated in ShopTalkEurope 2023, held from May 9th to 11th, 2023 in Barcelona. Önder Şenol, Online General Manager of DeFacto, announced at the event that the company’s JUMP UP project, which promotes digitalization,… Continue reading Fashion Company DeFacto attends ShopTalk2023 in Barcelona
JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece
A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece