In Hong Kong, 35-year-old Matthew Tai has been shifting part of his family’s fortune, built by his father and uncles in real estate, into a string of digital startups.Tai says he’s invested in crowd-funding platform FundHive, a producer of ultra-thin LCD screens called Organo-Circuit and recruitment website Freeboh.

The startup sector has exploded globally with investors on the lookout for the next "Facebook". This has inspired technology entrepreneurs to create their own companies and sell their ideas to the world in hopes of being the next Mark Zuckerberg.

A robot masseuse named Emma is offering Singaporeans high-tech back rubs with a gigantic metal arm and warm silicone tips which its creators say perfectly mimic the human touch.The robot, the brainchild of local startup AiTreat, began work at a clinic in the city-state this week and performs "tui na", a type of massage practised in traditional Chinese medicine.Emma, which stands for Expert Manipulative Massage Automation, consists of a white metal arm with heated silicone tips that

Vertex Ventures, the venture capital arm of Temasek Holdings, has completed its biggest fundraising for Southeast Asian and Indian technology deals.The Singapore-based firm closed its third Southeast Asian fund at 210 million dollars, a record in the region that exceeded its target of 150 million dollars. The money will be used for early stage investments, aiming to repeat its success with Grab.

Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalise on the country’s burgeoning digital economy and potential as Southeast Asia’s largest online market.Indonesia has seen a surge of cash into its technology sector over the past two years, helping support dozens of homegrown start-ups ranging from ride hailing apps to e-commerce firms.And with a population of more than 250 million, a swelling middle class and gr

A Tinder-style dating app for polygamists has sparked controversy in Indonesia, the world's most populous Muslim nation – but its developer says he "just wants to help" unmarried middle-aged women.Indonesian law defines marriage as between a man and a woman but polygamy is tolerated in certain circumstances, despite being generally frowned upon.Ayo Poligami, loosely translated as "let's go polygamy", is a free smartphone app that matches married and single Muslim

Earlier this week, the world was bombarded with unfavourable news about bitcoin. Chinese media outlet, Caixin, posted an article that said China is planning to shut local bitcoin exchanges. If the report is true, this would be the PBoC's (People’s Bank of China) second move against cryptocurrency in less than a week. The bank declared ICOs (Initial Coin Offerings) illegal on September 4, 2017, which caused bitcoin prices to fall seven percent on September 8, 2017.

In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash. Like Theresa Loh, a 27-year-old sales clerk. She queues up with thousands of Singaporeans everyday at sprawling food courts across the city state that serve up cheap local delicacies like chicken rice and spicy noodle soup.And like thousands of lunchgoers, she pays in cash.