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Thinking of moving out of the U.S? Here are 10 hotspots for remote workers

Fast Company Tech

From Asias tech hubs to Europes historic towns, these 10 destinations are leading the remote work revolution and offering a chance to truly engage, not just pass through. In particular we are seeing a lot of tech industry workers coming over from northern California to work remotely and experience a different lifestyle and culture in Europe.”

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

As of 2019, Singapore had over $19 billion in PE and VC assets under management, more than twice that of neighboring Indonesia, Philippines, Vietnam, Malaysia, and Thailand combined. Numerous factors have contributed to building Singapore’s startup ecosystem, with government intervention and leadership being the dominant driving forces.

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Eat Just partners with Proterra to launch a new subsidiary in Asia

TechCrunch

As part of the deal, Proterra, which focuses on agri-tech, will invest up to $100 million in the facility, while Eat Just will invest $20 million. Eat Just Asia also received support from the Singaporean government’s Economic Development Board.

Asia 21
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Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC

TechCrunch

The Indonesian government and Indonesia Stock Exchange have launched initiatives to encourage more stock investing. Some of Ajaib Group’s Series A will be used for its #MentorInvestai campaign, which works with the government to educate millennials about investing and financial planning.

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Australia-based Employment Hero raises $45M AUD for its global expansion

TechCrunch

Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines.

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EV-maker BYD seeks to raise $5.2 billion with share sale

Fast Company Tech

BYD plans to hire 20,000 employees in Zhengzhou in the first quarter as it boosts production capacity, government-run Henan Daily reported last month. The company also aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said in January.

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Great Wall Motor readies car plants in Malaysia and beyond

TechNode

Why it matters: The news comes as Malaysia surpassed Thailand to become the second biggest car market in the region after Indonesia in the first three months of this year, according to sales figures released by industry groups and compiled by Nikkei.