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Backed by Chinese Rock Star Wang Feng, China’s FIIL to be the next Beats by Dr. Dre

Wang Feng, with his aim to bring FIIL to global heights, has launched itself on Kickstarter in December, taking pre-orders for the Carat Pro, a set of wireless headphones that are equipped with some sporty features.

IdeaSpace launches 2017 Philippines startup competition

IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.

Indonesia-based reinsurer Marein to raise US$41 rights issue in 2017

Indonesia reinsurer Marein is looking to raise US$ 41 million capital in a rights offering, selling up to 130 milion new shares by June next year.

Singapore-based e-commerce enabler Shopmatic buys technology consulting firm 5X Ruby

Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan's Ruby on Rail's technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company's research and development team as well as to facilitate the company's international market expansion plans.

Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million

Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
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