AsiaConnect Team

Temasek-owned True Light secures $3.3b to invest in Greater China

Temasek-owned True Light secures $3.3b to invest in Greater China

Temasek-owned True Light secures $3.3b to invest in Greater China True Light, a subsidiary of the Singaporean sovereign wealth fund…
SG Consumer Spending Fuels CapCut’s Rise in Southeast Asia

SG Consumer Spending Fuels CapCut’s Rise in Southeast Asia

SG Consumer Spending Fuels CapCut’s Rise in Southeast Asia CapCut, a video editing app developed by Chinese tech company Bytedance,…
X CEO eyes profitability by 2024 amid increasing user engagement

X CEO eyes profitability by 2024 amid increasing user engagement

X CEO eyes profitability by 2024 amid increasing user engagement X Corporation, a prominent player in the tech industry, is…
Indonesia sets one-week deadline for TikTok Shop to become standalone app

Indonesia sets one-week deadline for TikTok Shop to become standalone app

Indonesia sets one-week deadline for TikTok Shop to become standalone app Indonesia Sets One-Week Deadline for TikTok Shop to Become…
GlobalFoundries Expands Reach with New Office in Malaysia

GlobalFoundries Expands Reach with New Office in Malaysia

GlobalFoundries Expands Reach with New Office in Malaysia Title: GlobalFoundries Expands Reach with New Office in Malaysia GlobalFoundries, one of…
Indonesian agritech startup EdenFarm pivots, lays off 300 employees

Indonesian agritech startup EdenFarm pivots, lays off 300 employees

Indonesian agritech startup EdenFarm has undergone a significant pivot in its business model, resulting in the layoff of approximately 300…
LG Electronics, a global leader in consumer electronics and technology solutions

LG Electronics, a global leader in consumer electronics and technology solutions

LG Electronics, a global leader in consumer electronics and technology solutions, LG Electronics, a global leader in consumer electronics and…
Indonesia’s Jokowi bans direct transactions on social media

Indonesia’s Jokowi bans direct transactions on social media

Indonesia’s Jokowi bans direct transactions on social media Indonesia’s President Joko Widodo, commonly known as Jokowi, has recently issued a…

GIC Appoints Singapore’s Finance Minister as Deputy Chairman

In a significant development that underscores the alignment of government and financial institutions in Singapore, the Government of Singapore Investment…
Delivery Hero-owned Baemin Vietnam slashes jobs

Delivery Hero-owned Baemin Vietnam slashes jobs

Baemin Vietnam, the joint venture between Delivery Hero and Woowa Brothers, has begun scaling down operations in its home market and laying off…