Techsauce sees tech ecosystem in Thailand & Southeast Asia ‘promising’ & ‘challenging’

TNGlobal talked to Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij (Mimie) to learn more about the company’s achievements in 2024, its plans and priorities…

Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines

Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local…

EconWorks : Grab’s on-demand services in Malaysia adds almost $2.23B to local economy

Singapore-based superapp Grab’s on-demand services, including ride-hailing and delivery, facilitated a substantial economic contribution of MYR 9.9 billion ($2.23 billion) to the…

Animoca Brands Japan partners with XANA to support global Web3 expansion of game

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced it has entered into a partnership with XANA LLC, the company behind the Web3 metaverse…

Straits Millennium secures in-principle approval for MAS MPI license to offer DPT services in Singapore

Straits Millennium Pte Ltd, a member of Singapore-based financial services firm Straits Financial Group, has on Monday announced that it has obtained an in-principle approval from…

Momentum Works: Southeast Asia food delivery spending grows 13 percent to $19.3B in 2024

Southeast Asia’s food delivery spending grew 13 percent year on year to $19.3 billion in 2024 with Vietnam and Indonesia leading growth, Momentum Works said Monday.

Singapore’s Lendela names Kent Huang, Steven Wong as CFO and CTO to scale APAC expansion

Lendela, a Singapore-based loan matching platform, has on Monday announced the appointment of Kent Huang as Chief Financial Officer (CFO) and Steven Wong as Chief Technology…

Digido partners PalawanPay to strengthen credit access in the Philippines

Philippine-based financial platform Digido announced Monday that it has signed a memorandum of agreement with PalawanPay, the digital wallet of Palawan Group of Companies (PGC),…

East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis

Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures…

TNGlobal Tracker: Startup Funding Snapshot for January 2025

The Southeast Asia (SEA) Monthly Funding Tracker for January 2025 highlights some recovery in funding activity. Total funding amounted to $748 million across 17 rounds, marking a…

Mober launches Philippines’ first-ever fully electric tractor head

Mober, a green logistics services provider based in the Philippines, has unveiled the country's first 100 percent electric tractor head truck, marking a significant expansion of…

AirAsia MOVE’s monthly active users and number of transactions up quarter on quarter in fourth quarter 2024

Malaysia-based Capital A’s online travel agent (OTA) platform AirAsia MOVE has achieved higher monthly active users (MAUs) and number of transactions during the fourth quarter of…

Nissan and Honda scrap merger plan

Japanese automakers Nissan Motor Co., Ltd. and Honda Motor Co., Ltd., have on Thursday terminated their merger plan.

Thailand’s HD HD boosts Series A to $7.8M to accelerate healthcare marketplace and AI in Southeast Asia

HD, a Thailand-based healthcare and surgery marketplace, has on Thursday announced the close of a Series A-1 strategic extension round with participation from the United…