Vietnam and Laos launch framework for local currency settlement and cross-border QR code payment connectivity

Vietnam and Laos have launched a framework for local currency settlement and cross-border QR code payment connectivity, the State Bank of Vietnam (SBV) and the Bank of the Lao…

Singapore’s August Global Partners invests in Vietnam’s Gene Solutions

Singapore-headquartered healthcare investor August Global Partners (AGP) is investing in Vietnam=based genomic testing company Gene Solutions (GS) through a proprietary funding…

Malaysia Digital Economy Corporation launches metaverse platform

The Malaysia Digital Economy Corporation (MDEC) has on Thursday announced the public launch of the IP360 Metaverse Platform, an initiative in digital innovation and cultural…

Hong Kong’s Reap receives in-principle approval for MPI license from MAS

Reap, a Hong Kong-based payment technology provider, announced Friday that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its…

Hong Kong’s Varadise secures $3M in Series A funding round led by Betatron

Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A funding round led by Betatron Venture Group.

China’s XTransfer receives license to provide payment services in Singapore

XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of…

Salesforce: 87 percent of SMBs in Singapore with AI report growth in revenue

87 percent of small and medium-sized businesses (SMBs) in Singapore with artificial intelligence (AI) report growth in revenue, a survey from Salesforce revealed on Thursday.

Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space

The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.

Largest Philippine fintech company GCash said to pick banks for IPO – report

GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange…

Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators

PepsiCo’s Greenhouse Accelerator Program aims to collaborate with startups working to advance breakthrough innovations across the circular economy, climate action and sustainable…

Indonesia’s Bukalapak ceases physical product sales on marketplace

Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.

Sony Honda Mobility partners HERE Technologies for connected EVs and software-defined vehicles

HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda…

Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024

J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth…

Malaysia’s 1337 Ventures: outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising

"The outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising. We’re witnessing stronger collaborations between startups, corporates, and accelerators, paving the way…