Malaysia’s VC and PE committed funds reach $5.58B in 2024
Total committed funds for private equity (PE) and venture capital (VC) in Malaysia reached a combined total of MYR 24.70 billion ($5.58 billion) in 2024, the Securities Commission…
Ignoring crypto won’t make it disappear; India needs a plan
The lack of formal regulations has not stopped adoption—it has only driven it into grey areas where oversight is minimal. If India does not address this regulatory gap soon, it…
HitPay partners with NPCI International to launch UPI integration in Singapore
HitPay, a Singapore-based fintech firm, has partnered with NPCI International Payments Limited (NIPL), an India-based payments firm, to integrate the unified payments interface…
Maybank partners TikTok Shop to drive digitalization of ASEAN SMEs
Malaysian lender Malayan Banking Bhd (Maybank) has announced the first multi-market small and medium enterprises (SME) upskilling and digitalization collaboration between a…
Actis closes $600M MTerra Solar investment with Meralco PowerGEN (MGEN) unit MGreen
Global sustainable infrastructure firm Actis has announced the closing of the acquisition of a stake in Terra Solar Philippines, Inc. (MTerra Solar), with MGEN Renewable Energy,…
Tracxn: SEA tech startups funding up 30 percent quarter on quarter to $909M in Q1 of 2025
South East Asia (SEA) tech startups raised $909 million in the first quarter of 2025, 30 percent higher than the fourth quarter of 2024, Tracxn said Thursday.
Boost Bank partners CGC Digital to offer $29M financing solutions to MSMEs in Malaysia
Boost Bank, Malaysia's homegrown digital bank, has partnered with CGC Digital, a fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to enhance support for…
Microsoft’s upcoming cloud region to generate $10.9B in new revenues for Malaysia by 2028
Microsoft, its partners, and cloud-consuming customers will generate $10.9 billion in new revenues for Malaysia by 2028 with its upcoming hyperscale cloud in the country, the…
Gobi Partners backs Funding Societies to advance SME financing, fintech innovation across SEA
Funding Societies | Modalku, the largest small and medium-sized enterprise (SME) digital finance platform in Southeast Asia, has announced a strategic equity investment from Gobi…
Malaysia’s Tech Minister shares plans as Malaysia takes on the ASEAN Chairmanship in 2025 [Q&A]
In a recent interview with TNGlobal, Malaysia’s Minister of Science, Technology and Innovation Chang Lih Kang detailed the government’s plans to drive Malaysia’s science,…
Singapore’s Motion Ventures launches $100M maritime tech fund
Singapore-based venture capital firm Motion Ventures has unveiled its $100 million second fund (Motion Ventures Fund II), targeting solutions that digitize and decarbonize the…
Indonesia’s Telkom plans to integrate Meta’s LlaMa technology
Indonesia-based telecommunications firm Telkom Group said Tuesday that it plans to implement LlaMa, a state-of-the-art, open-source AI model developed by global technology firm…
Salesforce survey: 60 percent of Singapore consumers bullish about the AI impact in FSI
60 percent of Singapore consumers, including majority of millennials and Gen Z, are bullish about the impact of artificial intelligence (AI) in financial services industry (FSI),…
Carro rolls out brand new cars in Singapore
Singapore-based online used car platform Carro has rolled out brand new cars in the country, expanding automotive options for customers complete with in-house financing and after…
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