Monetary Authority of Singapore, Abu Dhabi to set up fintech centre in UAE

Singapore: MAS will team up with Abu Dhabi Global Market – a global financial centre in the UAE – to nurture financial technology entrepreneurship and support financial services innovation.

Telstra-backed muru-D graduates 8 startups from its 2nd Singapore cohort

Singapore: It’s the second year in Singapore for Australia-born accelerator Muru-D and eight startups formed its second cohort, which graduated in a demo day event.

EDBI, Philips to co-invest in high-potential digital health startups

Singapore: Government investment vehicle EDBI and Dutch consumer technology giant Royal Philips said they will accelerate their joint investment alliance and co-invest in high-potential digital health companies.

Sarawak to develop incubator for digital economy startups

Malaysia: Sarawak’s Chief Minister Datuk Amar Abang Johari Abang Openg has approved an allocation of RM30 million to develop an incubator for local business startups to explore growth opportunities offered by the digital economy.

Paypal graduates first 3 startups from incubation program

Singapore: PayPal’s startup incubation program that landed in Singapore last year, graduates it first 3 incubatees after spending nine months at the international payment company’s Technology Center in Singapore.

MaGIC launches new global accelerator programme, as an “evolution” of its MAP programme

Malaysia: The Malaysian Global Innovation & Creativity Centre (MaGIC) launched a new accelerator programme called the Global Accelerator Program (GAP).

Capgemini launches Applied Innovation Exchange in Singapore

Singapore: Global consulting company Capgemini has chosen Singapore for its Applied Innovation Exchange to serve Southeast Asia.

Capitaland’s Ascott unveils “living lab” for Singapore millennials

Singapore: The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit, has partnered with the Singapore Management University (SMU) to launch its first living lab designed to field test various concepts for its newest brand, lyf.

CMC Corporation launches $2.2m early-stage startup investment fund

Vietnam: CMC Corporation, one of the major technology companies based in Vietnam, on February 26 launched a VND50 billion ($2.2 million) startup fund – the CMC Innovation Fund (CIF).

PwC launches Shanghai Innovation Centre to create a new ecosystem

China: PwC China has launched its Shanghai Innovation Centre located in Xintiandi Shanghai, marking the official start of the Alliance of Shanghai Science and Technology Innovation (ASSTI), initiated by the firm.

Thailand’s National Innovation Agency joins AGW to launch global accelerator programme

Thailand: National Innovation Agency (NIA) of Thailand and Israel’s AGW Group (AGW) today announced the launch of SPARK — a global acceleration programme aimed at Thai startups.

India’s HDFC Bank makes AI play; launches humanoids in branches

India: HDFC Bank, the country’s second-largest private one, will be using robots at its branches, to assist customers.