Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric, third from left, rings the bell during Ola Electric's listing ceremony at the National Stock Exchange in Mumbai on Aug. 9.
IPO

Shares in Indian e-scooter maker Ola close up 20% after tepid debut

Softbank-backed startup yet to make profit despite accelerating sales

9 August 2024
Singapore has much in its favor for becoming one of the world's leading climate tech hubs, such as a strong startup ecosystem and government mandates for net-zero.
Opinion

Singapore's climate tech startups are set to clean up

While facing various hurdles, the city-state is well positioned to become a global hub

7 August 2024
Not A Hotel's Irori, a glass-walled villa in a forest near Karuizawa, Nagano prefecture, opened on July 16. (Not A Hotel)
Travel & Leisure

Japan's latest pitch to wealthy tourists: Timeshare designer palaces

A Bathing Ape's Nigo curates Not A Hotel's new villa on Tokyo Bay

7 August 2024
Japanese startup Interstellar Technologies plans to launch its Zero rocket for small satellites by 2025. (Interstellar Technologies)
Startups

Japan space startup Interstellar raises $21m from NTT-led backers

Company aims to put constellation of communications satellites in orbit by 2030s

6 August 2024
A corporate venture capital division was set up within Terumo Americas Holding, located in New Jersey. (Terumo)
Health Care

Japan's Terumo sets up $75m U.S. venture capital fund

Medical equipment maker aims to invest in advanced treatment startups

6 August 2024
Lu Xinyi is among the entrepreneurs at the Bays Work accelerator in Shenzhen. (Photo by Itsuro Fujino)
Startups

Hong Kong startup founders flock north to tech hub Shenzhen

Mainland city's incentives draw new businesses as Beijing pushes integration

3 August 2024
Zip Infrastructure's autonomous tramway can be built for about a fifth of the cost of a monorail, according to the startup. (Zip Infrastructure illustration)
Transportation

Philippines resort picked for test of Japanese self-driving sky tram

Zip Infrastructure targets Southeast Asia with cheaper alternative to monorails

2 August 2024
Byju's faces insolvency proceedings over failure to pay sponsorship fees to a national cricket body.
Education

Indian edtech startup Byju's fights to avoid insolvency

Struggling company tries to settle unpaid fees to cricket body

31 July 2024
Grab has acquired Chope's businesses in Singapore, Indonesia and Thailand for an undisclosed sum. (Source image by Grab; screenshot from Chope's website)
Business deals

Grab to enter restaurant booking business through acquisition

Super app buys Chope's business in Singapore, Indonesia and Thailand

22 July 2024
Fujitsu is developing generative artificial intelligence services based on Japanese language models.
Artificial intelligence

Fujitsu invests in OpenAI rival Cohere, eyeing Japanese language model

Japan tech group envisions model serving digitization in many industries

17 July 2024
TikTok has become a "very relevant player" in Southeast Asia's e-commerce sector, the CEO of Singapore-based consultancy Momentum Works says.
Technology

TikTok e-commerce grows fourfold in ASEAN, narrows gap with Shopee

Combined with Tokopedia, ByteDance group takes second spot in $114bn market

16 July 2024
Tenstorrent CEO Jim Keller is well known in chip design circles. (Photo by Ryotaro Yamada)
Semiconductors

U.S. chip designer aims to bring down AI prices pushed up by Nvidia

Jim Keller's startup Tenstorrent targets uses from smartphones to cloud services

15 July 2024
SadaPay gives Turkey's Papara fairly low-cost access to Pakistan's huge digital wallet market, and the deal could bring other foreign investors to the South Asian nation.
Startups

SadaPay deal has Pakistan looking to startups to attract foreign capital

Turkish fintech Parapa's acquisition of digital wallet startup seen as a harbinger

14 July 2024
A Swee Lee store in Singapore, popular as a place for music fans to interact. (Photo by Mayuko Tani)
Startups

Singapore startup's stores and apps connect world's music fans

Caldecott expands through acquisitions of instrumental brands and composition software

14 July 2024
One of the world's smallest nations, Palau lacks the resources to build a massive financial system from scratch.
Finance

Japan fintech tapped to build Palau's first bond issuance platform

Pacific island nation turns to co-developer of Cambodia's Bakong digital currency

14 July 2024
Grab announced a plan to acquire Singaporean taxi group Trans-cab in 2023. (Photo by Ken Kobayashi)
Transportation

Grab's Singapore taxi takeover may violate competition law: watchdog

Antitrust authority says merger will 'significantly weaken' rival platforms

11 July 2024
A Bangkok bug seller. Some species of insects are traditionally consumed as food in Thailand.
Food & Beverage

Singapore diversifies food sources with insects

Grasshoppers and crickets approved for human consumption

10 July 2024
Japan's corporate metabolism is finally accelerating, with an increasing number of companies entering and exiting the market.
Datawatch

Japan Inc. shows signs of faster rejuvenation

Corporate metabolism quickens as both business births and deaths rise around 10%

6 July 2024
Sakura Internet said it plans to sell computing power in Southeast Asia via the cloud. (Photo by Kosaku Mimura)
Artificial intelligence

Japan's Sakura Internet aims to sell AI power to Southeast Asia

Plans come as Tokyo seeks regional cooperation on artificial intelligence

5 July 2024
Quick-delivery providers are mounting a challenge to local shops' long-standing dominance of India's $590 billion grocery market. (Nikkei montage/Source photos by Getty Images and AFP/Jiji)
Business Spotlight

India's fast-delivery apps take bite out of mom-and-pop stores

Long-dominant local grocers struggle to compete with orders at doorstep in minutes

5 July 2024
Japan could adopt financial measures that have promoted entrepreneurship elsewhere, Richard Katz argues.
Opinion

Japan must grab its entrepreneurial moment

Bold government measures are needed to unleash nation's start-up potential

4 July 2024
The Taiwan Stock Exchange partnered with the Singapore Exchange for the first time to host a pitch event for institutional investors in the city-state, held at SGX in April. (Singapore Exchange and Taiwan Stock Exchange)
Taiwan tensions

Singapore hooks Taiwan companies shunning China's investors

Taiwanese firms chase funds in city-state as cross-strait tensions rise

4 July 2024
Morus CEO Ryo Sato explains his company's business during an event in Singapore on June 25. (Photo by Fumika Sato)
Startups

Japanese startup to sell protein-rich 'silkworm food' in Singapore

City-state's move to allow edible insects attracts businesses from Asia

1 July 2024
Thailand's startup ecosystem has grown considerably as venture capital firms and big companies throw in support. 
Startups

More Thai startups aim for IPOs as investors throw in support

Thai Union incubator backs companies developing meat alternatives

30 June 2024
Shopee is a leading e-commerce platform in Indonesia. The country's competition watchdog said on July 26 that the Singaporean company violated anti-monopoly rules.
Startups

Shopee to adjust services in Indonesia after antitrust violation

Singapore group's unit allegedly directed customers to certain delivery services

26 June 2024