News
Startups can expect brighter 2025 after prolonged funding winter
Startups are expected to find it easier to secure funding in the year ahead after a tough 2024 which saw rising costs, muted investor interest and geopolitical developments hampering their growth. Industry players told The Straits Times that the local funding landscape is poised to be buoyant in 2025, driven by expected rate cuts and more investments targeting Southeast Asia.
Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
MAKA Motors, an electric vehicle company focused on accelerating Indonesia’s journey to self-sufficiency in automotive technology, has officially launched its first locally designed electric motorcycle, MAKA Cavalry. With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region, the company said in a statement on Wednesday.
East Ventures’ market outlook 2025: Thriving in the new transitions and realizing a “believable Southeast Asia”
As new leaders take the helm in major countries, the global economic and market outlook is clearer, and promising opportunities are on the horizon. Projections indicate that the global growth is set to stabilize at around 3.1% over the next five years, indicating a resilient recovery from the pandemic’s impact.