What's going on with Malaysia and Elon Musk's Starlink?

More: Takeaways from Temu’s tell-all and the big spending of Singapore’s digibanks. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Starlink in Malaysia]( - How GrabRentals is doing - Other newsy highlights such as our takeaways from Temu’s lawsuit against Shein and how much Singapore’s digibanks spent in their first few months of operations --------------------------------------------------------------- Hello {NAME} I’m going to be honest with you - I’m quite unhappy about the fact that Twitter, the platform I use to complain about my problems and look at pictures of my favorite K-pop idols, has been rebranded to “X.” I miss the little blue bird and what it was before all this happened, and I’ve got some not-very-charitable things to say about Elon Musk, the man behind this move, as I’m sure many other people do. But this newsletter isn’t about me lamenting the social media platform formerly known as Twitter. It’s about another Musk-owned company - namely Starlink, the satellite-internet unit of SpaceX - and what it’s doing in Malaysia. My segues are getting better, aren’t they? Anyway, let’s get into this. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Malaysia grants Musk’s Starlink rare ownership exemption to operate in country]( The satellite-internet firm’s foray comes after a highly publicized virtual meeting between Elon Musk and the country’s prime minister. --------------------------------------------------------------- TRENDING NEWS [GrabRentals drives home $90m in revenue as earnings grow 73% in FYE 2022]( Recently, Grab confirmed its full acquisition of Trans-Cab, Singapore’s third-largest taxi operator, through GrabRentals. [Takeaways from Temu’s tell-all lawsuit against Shein]( The court document reveals everything from Shein’s market share to how far both companies have pulled ahead of other traditional fast-fashion firms. [SG digibanks spend big for 2022 launch, filings show (Update)]( Trust Bank and GXS Bank spent around US$100 million each during their first four months of operations. [HashKey becomes first licensed Hong Kong exchange to serve retail users]( The license upgrade follows the SFC’s new regulatory framework for crypto platforms, which aims to increase transparency and investor protection. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Meet the 100 top-funded startups and tech companies in China]( Here are the companies in China that are attracting tons of investors and have the resources to spend on software, talent, and expansion. --------------------------------------------------------------- TECH IN ASIA'S FOUNDERS MEETUP: INDIA We’re headed to Bangalore next! Seize your chance to be part of our exclusive founders-only networking event With over 13,000 startups founded last year, India is abound with immense potential and growth opportunities. However, it is not without its challenges in fundraising and talent acquisition. If you’re seeking solutions to your startup’s most pressing issues or if you can help others overcome their own roadblocks, our upcoming event is just for you! Mark your calendar for August 25 and join us in the heart of Bangalore at Byg Brewski to connect, learn, and exchange ideas with fellow founders from the Tech in Asia community. Why navigate the startup journey alone when you can collaborate with others and break through barriers together? Tickets are now on sale at US$12.50 each, inclusive of light bites and one complimentary drink. Hurry, tickets are limited - [secure yours before they’re sold out]( Special thanks to our official event partners - AWS, CleverTap, Cooley, Sinarmas Land, Singapore Global Network (SGN), Quest Ventures, and Purple Quarter - and our community partners - WeWork and Gobi Partners - for making this meetup possible. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [AWS Innovate Online Conference: Every Application Edition]( on September 1 Want to use the AWS platform to build the next generation of cutting-edge applications? Check out AWS Innovate’s Online Conference. The event’s Every Application Edition will give you the lowdown on what goes into a great modern-day business application as well as how firms can leverage AWS’s solutions to take their operations to the next level. Sign up for the event [here](.  - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your limited first-release tickets.  - [Tech in Asia’s Founders Meetup: India on August 25]( Do you want a closer look at India’s tech scene? Discover the hidden gems of India’s startup ecosystem at our networking event on August 25 at Byg Brewski (9, 36, 4th Floor, Vaishnavi Sapphire Centre, Tumkur Rd, Yeshwanthpur Industrial Area, Phase 1, Yeswanthpur, Bengaluru, Karnataka 560022) from 5:30 p.m. to 7:30 p.m. Whether you’re facing roadblocks in funding or talent acquisition, connect with fellow founders and find solutions to your most pressing issues while offering your own expertise. Don’t miss out - [sign up now]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Junior QA Automation - Banking]( at SIGMATECH Jakarta, Indonesia - [Backend Engineer (Python)]( at Trusting Social Ho Chi Minh City, Vietnam - [Business Intelligence Developer]( at IDstar Cipta Teknologi Jakarta, Indonesia - [Business Development Support - Surabaya]( at MyRobin Surabaya, Indonesia - [Product Manager (Rekosistem)]( at Project & Product Management - [Online Sales Specialist - Weekend Shift]( at Rocketindo Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? 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