Tech to the fore after Malaysia reshuffle?

We examine how Malaysia’s Cabinet restructuring could affect the country’s tech sector, and see Northstar Group’s close of its first early-stage fund. [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: - [Reading the tea leaves as ministers move in Malaysia]( - Northstar Group closing an early-stage fund with US$140 million - Other newsy highlights such as SEA funding round sizes over the past five years --------------------------------------------------------------- Hello {NAME} As I’ve gotten older, I’ve become a lot better at asking for help. I know now that no man is an island, but in the past, some of the more negative aspects of masculinity had me thinking that asking for help showed weakness. Now, I’m (slightly) more comfortable admitting when I don’t have all the answers or when I need some support. One of the most refreshing things I’ve found about the tech ecosystem in this part of the world is how willing folks are to ask for help. Almost everyone wants to learn from each other. Malaysian Prime Minister Anwar Ibrahim recently got himself some more help via a Cabinet reshuffle. Today’s premium story from my colleague Emmanuel dives into the implications of the reshuffle, including why it may be good news for tech, but perhaps less of a boon for the electric vehicle industry. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Tech policy changes loom as Malaysia reshuffles Cabinet]( The country’s EV push may be put on the back burner following PM Anwar Ibrahim’s leadership review. --------------------------------------------------------------- TRENDING NEWS [Patrick Walujo’s Northstar closes SEA early-stage tech fund at $140m]( NSV I targets consumer internet, fintech, and enterprise software companies that operate in Southeast Asia, primarily in Indonesia. [Weekly funding: Lazada leads with Alibaba’s $634m injection]( Keep track of all the startup investment activities in Asia through our weekly funding list. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [SEA funding round sizes over the past 5 years]( For startups, understanding how much their peers are raising could be crucial when they're pitching investors. ---------------------------------------------------------------  KICKSTART 2024 WITH SINGAPORE’S FINEST LEADERS  Apply to join January 16’s closed-door executive roundtable Are you prepared to leverage genAI and data intelligence in 2024? Businesses must embrace change and take advantage of the transformative capabilities of these new technologies if they want to appease discerning consumers who are spoiled for choice. 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The guest list will be capped at 15 participants, so [register soon]( ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [The Future of MarTech: Trends Shaping 2024 and Beyond on January 16]( On January 16, senior marketing, product and growth leaders in Singapore are invited to kickstart the year at The Future of MarTech: Trends Shaping 2024 and Beyond, an executive roundtable and networking lunch. Limited to just 15 guests. [Full details & registration here!]( ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Frends - [Frends Appoints Vincent Ooi as New Head of APAC, Building on ASEAN Success]( Frends appoints Vincent Ooi as Head of APAC, expanding its European iPaaS reach in the region - GoTo Group - [GoTo becomes the first Indonesian public company to receive validation from the Science-Based Targets initiative on its net-zero target]( GoTo Group is the first Indonesian public company to have its greenhouse gas reduction targets validated by the Science Based Targets initiative (SBTi). The approved three targets which include reaching net-zero emissions by 2050. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Accounting Manager]( at AwanTunai Jakarta, Indonesia - [Creative Graphic Designer]( at Redwoods Digital Tangerang, Indonesia - [Business Digital Representative]( at Qiscus Yogyakarta, Indonesia - [Engineering Manager]( at Mekari Jakarta, Indonesia - [Product Owner]( at Scout.inc Jakarta, Indonesia - [Project Procurement Officer]( at PT. ASLI Rancangan Indonesia Indonesia Bulk Terminal, 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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