Samsung invites Indian startups to build wallet, health solutions for its products
Samsung said it will explore funding support to some of these startups to help them further scale their solutions.
Finance
Social commerce projected to contribute $42b in Southeast Asia’s online sales
The report categorises the social-commerce segment into four archetypes: live, conversational, community-group buy, and social-platform commerce.
Crypto meltdown worries Indian investors
Although most Indian crypto exchanges did not have major exposure to FTX, the global market meltdown has dampened crypto enthusiasm in India.
Philippine lawmakers propose $4.9b sovereign wealth fund
It would be seeded with 275 billion pesos ($4.95 billion) from government financial institutions.
Are we ready for a sovereign wealth fund?
The concept of sovereign wealth funds is not new: some countries have more money than they need, and they use this to generate more money.
Big firms hold back on investment plans for 2023: survey
Reportedly, local businesses are struggling to absorb the impact from a series of rate hikes.
Mine-free Kingdom 2025 goal gets big funding boost
The sub-decree establishing the fund said it would be used to manage the costs of clearing mines and unexploded ordnance.
‘Digital rupiah’ won’t cut out banks, fintech, BI claims
The bank announced it would not offer interest rates on the so-called “digital rupiah” to avoid creating “head-to-head” competition with financial products created by…
Indonesia’s EV producers upbeat over planned subsidies
Amid the high prices of gasoline and diesel fuel, the government has been pushing for the faster adoption of EVs nationwide.
Thailand can expect THB300 billion in Saudi investment next year
It was reported that the Saudi delegation showed interest in digital innovations, medical tourism, electric vehicles, among others.