{"id":60,"date":"2021-04-29T00:00:00","date_gmt":"2021-04-29T00:00:00","guid":{"rendered":"https:\/\/markupbackup.wordpress.com\/2021\/07\/21\/durians-daily-244-arcstone-signs-mou-with-indonesian-ministry-urbanmetry-weighs-in-on-property\/"},"modified":"2021-08-03T08:56:37","modified_gmt":"2021-08-03T08:56:37","slug":"durians-daily-244-arcstone-signs-mou-with-indonesian-ministry-urbanmetry-weighs-in-on-property","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=60","title":{"rendered":"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning &#038; unlearning to succeed"},"content":{"rendered":"<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"602\" data-height=\"338\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7da853b61a.png\"><figcaption class=\"wp-caption-text\">Credit: Arcstone<\/figcaption><\/figure>\n<p><strong>Towards Industry 4.0<\/strong><\/p>\n<ul>\n<li>500-backed digital manufacturing startup <a href=\"https:\/\/www.arcstone.co\/\" target=\"_blank\" rel=\"noopener\">Arcstone<\/a> has <a href=\"https:\/\/www.arcstone.co\/single-post\/surging-ahead-arcstone-signs-mou-with-indonesian-ministry-of-industry\" target=\"_blank\" rel=\"noopener\">signed a Memorandum of Understanding (MoU)<\/a> with the Indonesian Ministry of Industry.<\/li>\n<li>Under this collaboration, together with Indonesia\u2019s Digital Innovation Center, the key objective is to advocate and execute educational programs on digitalization.<\/li>\n<li>Arcstone will partner with academic institutions to train the next generation of digital manufacturing experts with classroom learning to shop floor experience. The startup will also be dedicating its solutions and toolsets to aid small and medium enterprises go digital.<\/li>\n<li>Read the full announcement by Arcstone <a href=\"https:\/\/www.arcstone.co\/single-post\/surging-ahead-arcstone-signs-mou-with-indonesian-ministry-of-industry\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"960\" data-height=\"405\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7da859fdb3.png\"><figcaption class=\"wp-caption-text\">Credit: BFM\u00a089.9<\/figcaption><\/figure>\n<p><strong>A real estate solution<\/strong><\/p>\n<ul>\n<li>Cha-Ly Koh, founder and CEO of 500-backed property data startup <a href=\"https:\/\/docs.google.com\/document\/d\/18iP4Tt_8gycBKShqswn0ahJF49OQN90dEIrAWKgqFD4\/edit\" target=\"_blank\" rel=\"noopener\">Urbanmetry<\/a> spoke on BFM 89.9, a business radio station, <a href=\"https:\/\/www.bfm.my\/podcast\/morning-run\/the-property-show\/property-overhang-not-just-about-the-prices\" target=\"_blank\" rel=\"noopener\">on the issue of property overhang<\/a> in Malaysia.<\/li>\n<li>What is <a href=\"https:\/\/www.theedgemarkets.com\/article\/housing-dg-overhang-probably-too-strong-word\" target=\"_blank\" rel=\"noopener\">property overhang<\/a>? In Malaysia, it is defined as residential units which have been completed but remained unsold for more than nine months after its launch. According to BFM, property overhang has been a long-standing issue in the country.<\/li>\n<li>Cha-Ly believes that COVID-19 has given the real estate industry some breathing room\u200a\u2014\u200athere has been a slowdown of construction and property launches. So, demand can catch up to the supply.<\/li>\n<li>Listen to the full interview on BFM 89.9 <a href=\"https:\/\/www.bfm.my\/podcast\/morning-run\/the-property-show\/property-overhang-not-just-about-the-prices\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1213\" data-height=\"900\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7da866c0f4.jpg\"><figcaption class=\"wp-caption-text\">Credit: Prestige<\/figcaption><\/figure>\n<p><strong>Adapting to the times<\/strong><\/p>\n<ul>\n<li>\u201cI want to be continuously learning. I want to learn to unlearn, unlearn to learn. So when you take that mindset, no day is the same, right?\u201d That\u2019s how Zac Liew runs award-winning, 500-backed fintech startup <a href=\"http:\/\/curlec.com\/\" target=\"_blank\" rel=\"noopener\">Curlec<\/a> with a modest team of 25.<\/li>\n<li><a href=\"http:\/\/curlec.com\/\" target=\"_blank\" rel=\"noopener\">Curlec<\/a> sees payment as just an entry point. Zac shared in an <a href=\"https:\/\/www.prestigeonline.com\/my\/people-events\/people\/prestigebiztalk-zac-liew-curlec-fintech\/\" target=\"_blank\" rel=\"noopener\">interview on Prestige<\/a> that it is about building systems to serve clients and businesses better in the subscription economy.<\/li>\n<li>From struggling to convince stakeholders and potential customers about a product that has never been seen before in the market to winning awards, Curlec has since processed close to US$250 million on its platform.<\/li>\n<li>Read the full interview on Prestige <a href=\"https:\/\/www.prestigeonline.com\/my\/people-events\/people\/prestigebiztalk-zac-liew-curlec-fintech\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<hr>\n<p><strong>Missed out the last Daily Markup? Go <\/strong><a href=\"https:\/\/dailymarkup.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> to check it out.<\/strong><\/p>\n<p><strong>You can also find us on <\/strong><a href=\"https:\/\/www.linkedin.com\/company\/500-durians\/\" target=\"_blank\" rel=\"noopener\"><strong>LinkedIn<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.facebook.com\/500durians\/\" target=\"_blank\" rel=\"noopener\"><strong>Facebook<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/twitter.com\/500Startups_SEA\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.instagram.com\/500durians\/?hl=en\" target=\"_blank\" rel=\"noopener\"><strong>Instagram<\/strong><\/a><strong>.<\/strong><\/p>\n<figure><img decoding=\"async\" data-width=\"400\" data-height=\"400\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7da86c7980.jpg\"><\/figure>\n<p>500 Startups is a venture capital firm on a mission to discover and back the world\u2019s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.<\/p>\n<p><em>This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively \u201c500 Startups\u201d) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies\u2019 markets, competitors, performance, and fundraising has been provided by those companies\u2019 founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit: Arcstone Towards Industry 4.0 500-backed digital manufacturing startup Arcstone has signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Industry. Under this collaboration, together with Indonesia\u2019s Digital Innovation Center, the key objective is to advocate and execute educational programs on digitalization. Arcstone will partner with academic institutions to train the next generation [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[379,382,381],"class_list":["post-60","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-arcstone","tag-curlec","tag-urbanmetry-fka-property-pricetag-com"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning &amp; unlearning to succeed - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=60\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning &amp; unlearning to succeed - Markup\" \/>\n<meta property=\"og:description\" content=\"Credit: Arcstone Towards Industry 4.0 500-backed digital manufacturing startup Arcstone has signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Industry. Under this collaboration, together with Indonesia\u2019s Digital Innovation Center, the key objective is to advocate and execute educational programs on digitalization. Arcstone will partner with academic institutions to train the next generation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=60\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-29T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-03T08:56:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png\" \/>\n\t<meta property=\"og:image:width\" content=\"602\" \/>\n\t<meta property=\"og:image:height\" content=\"338\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Felicia Chia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=60#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png\",\"width\":602,\"height\":338},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=60#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=60\",\"name\":\"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning & unlearning to succeed - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=60#primaryimage\"},\"datePublished\":\"2021-04-29T00:00:00+00:00\",\"dateModified\":\"2021-08-03T08:56:37+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=60#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=60\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=60#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning &#038; unlearning to succeed\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\",\"name\":\"Felicia Chia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"caption\":\"Felicia Chia\"},\"url\":\"https:\/\/dailymarkup.com\/?author=7\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning & unlearning to succeed - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=60","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning & unlearning to succeed - Markup","og_description":"Credit: Arcstone Towards Industry 4.0 500-backed digital manufacturing startup Arcstone has signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Industry. Under this collaboration, together with Indonesia\u2019s Digital Innovation Center, the key objective is to advocate and execute educational programs on digitalization. Arcstone will partner with academic institutions to train the next generation [&hellip;]","og_url":"https:\/\/dailymarkup.com\/?p=60","og_site_name":"Markup","article_publisher":"http:\/\/facebook.com\/500southeastasia","article_published_time":"2021-04-29T00:00:00+00:00","article_modified_time":"2021-08-03T08:56:37+00:00","og_image":[{"width":602,"height":338,"url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Felicia Chia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/dailymarkup.com\/#website","url":"https:\/\/dailymarkup.com\/","name":"Markup","description":"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dailymarkup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/?p=60#primaryimage","url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png","contentUrl":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/0_xBEPEXrEMtCkRiu.png","width":602,"height":338},{"@type":"WebPage","@id":"https:\/\/dailymarkup.com\/?p=60#webpage","url":"https:\/\/dailymarkup.com\/?p=60","name":"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning & unlearning to succeed - Markup","isPartOf":{"@id":"https:\/\/dailymarkup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dailymarkup.com\/?p=60#primaryimage"},"datePublished":"2021-04-29T00:00:00+00:00","dateModified":"2021-08-03T08:56:37+00:00","author":{"@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67"},"breadcrumb":{"@id":"https:\/\/dailymarkup.com\/?p=60#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dailymarkup.com\/?p=60"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dailymarkup.com\/?p=60#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dailymarkup.com\/"},{"@type":"ListItem","position":2,"name":"Daily Markup #244: Arcstone signs MoU with Indonesian ministry; Urbanmetry weighs in on property overhang; Curlec on learning &#038; unlearning to succeed"}]},{"@type":"Person","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67","name":"Felicia Chia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g","caption":"Felicia Chia"},"url":"https:\/\/dailymarkup.com\/?author=7"}]}},"_links":{"self":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60"}],"version-history":[{"count":2,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":2327,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/60\/revisions\/2327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/media\/2020"}],"wp:attachment":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}