EDBI and SEEDS merge to form SG Growth Capital to bolster Singapore’s efforts in building innovative enterprises in Singapore
Singapore-based global investor EDBI and SEEDS Capital (SEEDS) will be merged to form a new government investment entity called SG Growth Capital Pte Ltd.
The evolution of banking: From traditional services to self-banking solutions
The evolution of banking marks a radical change toward self-managed financial solutions, from conventional services, to banking as a service, and now decentralized finance. By…
World’s most advanced humanoid robot Ameca to come into spotlight at Techsauce Global Summit 2024 [Q&A]
In the interview, Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij also shared her views on the tech ecosystem in Thailand, the opportunities and challenges…
Grab-led GXBank to invest $333M in Malaysia over the next five years
Grab-led GX Bank Berhad (GXBank) said Friday that it will invest MYR 1.5 billion ($333 million) into Malaysia over the next five years includes the establishment of the GX Untuk…
Ayala acquires additional 8 percent stake in Mynt for $394.54M
The Philippines-based conglomerate Ayala Corporation has acquired additional 8 percent stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the finance super app…
WeChat Pay Malaysia to discontinue e-wallet service
Chinese payment firm WeChat Pay will discontinue its e-wallet service in Malaysia from September 1, 2024 due to business strategy adjustment.
Maybank sees electrical vehicle sales to pick up in ASEAN
Favorable regulations, local brands and penetration of Chinese carmakers will drive electric vehicle (EV) sales higher in ASEAN, Maybank Investment Bank said Thursday.
Indonesian GoTo’s Q2 revenue up 39 percent on year to $265.58M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday that its gross revenue increased by 39 percent year on year to Rp 4.3 trillion…
Singapore’s M-DAQ Global acquires Malaysian payment firm Easy Pay Transfers
M-DAQ Global Pte. Ltd., a Singapore-headquartered fintech group, announced Wednesday that it has completed the acquisition of licensed business to business (B2B) payments service…
VinFast starts delivering the mini SUV VF 3 in Vietnam
Vietnamese automaker VinFast has officially started delivering the mini-sport utility vehicle (SUV) VF 3 to customers in Hanoi and Ho Chi Minh City, ahead of schedule.
Fraxtor breaks new ground with dual listing of real estate tokens in Singapore, Australia
Fraxtor Group, a blockchain enabled real estate co-investment platform, has announced the successful dual listing of a tokenized real estate investment in Singapore and Australia…
AirAsia X to complete Capital A’s aviation business acquisition by end of this year
Malaysia-based budget airline AirAsia X (AAX) is expected to complete the acquisition of Capital A Berhad’s aviation business for MYR 6.8 billion ($1.49 billion) by the end of…
Vietnam’s VinFast expands to the Middle East
Vietnam-based electric vehicle (EV) manufacturer VinFast Auto has on Wednesday announced that it has expanded to the Middle East market with car dealer Bahwan Automobiles and…
GCash partners PayPal to launch stablecoin in the Philippines
GCash, a finance super app based in the Philippines, has partnered global payment firm PayPal to launch stablecoin in the Philippines. PayPal’s stablecoin PayPal USD (PYUSD) is…
