East Asia food delivery GMV reaches $38.6B in 2025

The four East Asian markets generated an estimated $38.6 billion in food delivery platform gross merchandise value (GMV) in 2025, Momentum Works said Wednesday.

A.P. Moller Capital, Ayala complete partnership to accelerate AC Logistics’ growth

A.P. Moller Capital and Ayala Corporation announced Tuesday the completion of the strategic investment by A.P. Moller Capital – Emerging Markets Infrastructure Fund II in AC…

Indonesia’s Xendit integrates with Philippines’ Dragonpay

Xendit, Indonesian payments infrastructure company, announced Wednesday the integration of Dragonpay Corporation, the Philippines’ alternative payments platfomr.

B Capital closes oversubscribed Ascent Fund III at $500M hard cap

B Capital, a global multi-stage investment firm, announced Monday the final close of B Capital Ascent Fund III, L.P. at its hard cap of $500 million in aggregate capital…

Singapore Temasek’s net portfolio value hits $400B, doubling over past decade

The net portfolio value of Singapore's global investment company Temasek reached S$518 billion ($400.3 billion) as at March 31, 2026, representing a doubling of its portfolio over…

Malaysia’s Zetrix blockchain to build Philippines’ national blockchain infrastructure

Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to…

Nasdaq-listed chicken restaurant chain CCHH signs $50M data center services deal in Malaysia

CCHH, a Nasdaq-listed company primarily operating Chicken Claypot and restaurant franchises, has signed a three-year, $50 million agreement to provide maintenance services for…

AI Singapore launches AI for Good Festival to expand AI literacy for 5,000 youths

AI Singapore, a ministry-run talent development body, has launched the inaugural AI for Good Festival initiative, to expand AI literacy and responsible AI education at scale.

Ant Group takes 28% stake in China’s Boohee Health as AI health app AQ surpasses 100M users

Ant Group has completed a strategic investment in Boohee Health, becoming its largest external shareholder with a stake of over 28 percent, as the two companies deepen cooperation…

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In the age of AI, creativity is the decisive advantage

Rather than reducing the importance of human creativity, AI will increase it. That starts with mindset: encouraging curiosity, rewarding experimentation and giving people the…

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