On Wednesday, South Korea’s Ministry of SMEs and Startups unveiled a startup fund to strengthen venture investments. The initiative, named the Startup Korea Fund, emerged from a collaboration between the government and various entities such as large corporations, financial institutions, and small to medium-sized enterprises. The ministry plans to attract private capital into the venture […]

Mosti is set to introduce the Single Window Initiative, a program that helps Malaysia’s startup ecosystem by simplifying procedures and consolidating resources within a unified platform. Minister Chang Lih Kang recently highlighted the initiative’s goal to eliminate bureaucratic obstacles, streamline approval processes, and empower entrepreneurs to navigate the startup landscape more efficiently. Minister of Economy […]

Malaysia Economy Minister Rafizi Ramli has announced the upcoming launch of the Kuala Lumpur 20 (KL20) blueprint, scheduled for April 22 and 23 at the Kuala Lumpur Convention Centre. The event will primarily focus on startups, aiming to bring together various stakeholders in the startup ecosystem, including investors, developers, and company owners. The KL20 Summit […]

Japan will introduce a residency program for angel investors to encourage investment in the country’s startups. The program aims to attract much-needed investment capital and will offer residency lasting up to five years. This initiative comes as Japan seeks to boost its startup ecosystem in key sectors. According to a report by Nikkei Asia, the […]

MYStartup is kicking off 2024 with the introduction of ‘NXT JOHOR,’ a part of its MYStartup NXT series of micro-conferences, set to take place in Iskandar Puteri, Johor. This event aims to leverage the potential of Singaporean and Malaysian startups in the state by offering strategic insights, inspiring stories, and wealth-building tools through discussions led […]

Japan’s cabinet has given the green light to a bill that permits investment funds and venture capital firms in the country to hold cryptocurrency assets, according to an announcement from the Ministry of Economy, Trade and Industry on Friday. The decision comes as Japan aims to ease restrictions on venture capital crypto investments, enabling these […]

Malaysia’s pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), has unveiled its initial investments under the Dana Perintis strategy, with $21 million. The investments include two direct investments in local startups and commitments to two venture capital funds. KWAP has announced its support for two startups, Bateriku (M) Sdn Bhd and Lapasar Sdn Bhd, as part […]

The Philippines’ central bank, known as Bangko Sentral ng Pilipinas (BSP), is gearing up to launch a Central Bank Digital Currency (CBDC) within the next two years in response to the increasing adoption of cryptocurrency in the country.  BSP Governor Eli Remolona Jr. unveiled this plan on Feb. 12, emphasizing the focus on a wholesale […]

The Digital Economy Promotion Agency (DEPA) in Thailand is spearheading an initiative to boost the global expansion of Thai digital startups. With the announcement, the government aims to provide financial backing for emerging startups, facilitating their international growth and fostering innovation in key sectors. On Saturday, government spokesman Chai Wacharonke revealed that the DEPA Digital […]

In the recent ceremony held at the Ministry of Digital Technologies in Uzbekistan, the prestigious “President Tech Award” competition celebrated its winners, recognizing the most advanced startup projects in the country. Mentalaba.uz, a disruptive project focusing on revolutionizing education in Uzbekistan, secured the top spot in the category of “Information technologies in the social sphere.” […]