Launches
Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east Asia’s largest economy.
The region’s largest gold...
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
[JAKARTA] Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful...
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the...
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the city-state. It crossed the milestone in February,...
Former OpenAI tech chief Murati launches AI startup, poaching staff from ChatGPT maker
FORMER OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors...
Luigi Mangione: UnitedHealthcare CEO’s Alleged Killer Breaks His Silence with Public Statement from Prison as He launches New Website
Accused killer Luigi Mangione said he was "grateful" to his supporters in his first public statement, released two months after his arrest for allegedly shooting UnitedHealthcare CEO Brian Thompson....
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against SoraADOBE on Wednesday (Feb 12) released the first public version of an artificial intelligence (AI) tool...
China launches new rocket crucial to challenging Musk’s Starlink
A NEW Chinese rocket took off on its debut mission, marking a major step in Beijing’s effort to catch up with Elon Musk’s Starlink.
The first Long March 8A rocket...
A*Star officially launches S$38 million MedTech Catapult to drive medical device commercialisation
THE Agency for Science, Technology and Research (A*Star) on Wednesday (Feb 12) launched MedTech Catapult, an initiative meant to accelerate the development and commercialisation of life science instruments and...