Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.
Tags: Malaysia
US President Barack Obama on his last leg of East Asian tour, visits The Philippines
US President Barack Obama is on his last leg of his Asian tour in countries including Japan, South Korea, Malaysia and on his last stop to the Philippines where the issue involving Beijing has become in the center point of the agenda.
Malaysian startup Supahands wants to provide virtual assistants to Southeast Asian clients
Kuala Lumpur, Malaysia-based outsourcing startup Supahands wants to help Southeast Asian clients save time and gain focus for more important tasks by providing them with multi-lingual and home-based virtual assistants who can do various tasks for them.
Singaporean hotel booking app In2Nite raises $2.8M in funding for Asian expansion
Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.
Japan pulls out investments in China, directs focus to South East Asian countries
The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.
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Bangkok, Thailand-based digital publication platform Ookbee landed $7 million in a Series B funding led by Japanese outsourcing firm Transcosmos to fuel its Southeast Asian expansion.
Aviation experts believed that although MH370's black box contain valuable information, miraculously finding it won't solve the greatest mystery in aviation history, reported TheStar.
Australian and Chinese authorities said that their planes have spotted possible debris from the missing flight MH370, reported The Guardian.
After three weeks of multinational efforts to hasten the search of the missing MH370, Prime Minister Najib Razak announced that the missing jetliner ended in a remote area in the Indian Ocean, reported Euronews.
The public has been engrossed by the disappearance of flight MH370, but until now, no answers have surfaced.
The outcome of the search for the missing flight MH370 has yet to be determined, but someone would surely get blamed for the biggest lapses on security in the aviation history.
A new story came out after unidentified sources told Reuters that the plane could have been hijacked and taken to the remote chain of Andaman Islands.
Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).
The search for the missing MH370 flight of the Malaysian Airlines was described by Malaysia Defense Minister Hishammuddin Hussein as unprecedented and complicated given an area of 35,800 square miles to scour.
