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Myanmar to launch its first satellite in 2021 with Japan’s help

by admin | Aug 15, 2023 | General

YANGON — Myanmar plans to launch its first satellite in 2021, using Japanese technology. Engineers and researchers in the country will develop an ultrasmall satellite and launch it into Earth orbit with the help of Japan’s Hokkaido University and Tohoku...

Singapore quantum computing startup Entropica Labs raises $1.8m

by admin | Aug 15, 2023 | General

SINGAPORE — Entropica Labs, a Singapore-based quantum computing startup, has raised $2.6 million Singapore dollars ($1.8 million) in seed funding led by deep-tech venture capital Elev8.According to a statement, Entropica will use the fresh funding to expand its...

Mongolia says international IPO for coal mine no longer needed

by admin | Aug 15, 2023 | General

ULAANBAATAR – Mongolia has shelved plans to sell up to $3 billion in shares of the country’s flagship coal mine on an international stock market, as officials say the funds are no longer needed.Officials had previously signaled plans to hold the...

North Korea officials warn of confirmed coronavirus cases: report

by admin | Aug 15, 2023 | General

SEOUL (Reuters) — North Korean authorities told citizens in public lectures that there were confirmed cases of the coronavirus in the country as early as the end of March, in contrast to official Pyongyang claims that it has not had any confirmed cases, Radio...

Southeast Asian startups tighten belt as coronavirus hits revenue

by admin | Aug 15, 2023 | General

SINGAPORE — As the world fights the novel coronavirus pandemic, Southeast Asian startups face another battle: Cash burn. With economic activity paralyzed by the outbreak, many startups are scrambling to cut costs — slicing payrolls and the wages of those...

Singapore’s Quest Ventures secures first close of $50m fund

by admin | Aug 15, 2023 | General

SINGAPORE — Singapore-based venture capital group Quest Ventures has secured the first close of its $50 million fund, according to a statement.More than half of the target corpus has already been raised with its limited partners (LPs) comprising Temasek’s...
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