Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year

Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two…

VinFast aims to expand authorized dealers to at least 120 by year-end

VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of…

Malaysia’s AI governance and ethics code framework at final stage, will be launched soon – report

The Ministry of Science, Technology and Innovation (MOSTI) has been working with Universiti Teknologi Malaysia and other representatives of government agencies, higher education…

Princeton Digital Group secures $280M green loan for AI-ready data center campus in Malaysia

Princeton Digital Group (PDG), Asia’s leading data center provider, has secured its first MYR 1.27 billion ($280 million) green loan for its 150MW artificial intelligence…

The Radical Fund collaborates with Keppel on sourcing for climate solutions to decarbonize the built environment

The Radical Fund has signed a non-binding Memorandum of Understanding (MOU) with Keppel’s Real Estate Division to signify a strategic partnership with the shared goal of driving…

Indian AgTech firm Superplum completes $15M Series A financing

Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former…

Ant International to expand business in Saudi Arabia

Ant International has inked a Memorandum of Understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to expand its business into the Kingdom.

AWS to invest additional $9B in Singapore cloud infrastructure by 2028

Amazon Web Services (AWS) has announced plans to invest an additional SGD 12 billion ($8.87 billion) into its existing cloud infrastructure in Singapore from 2024 to 2028 to meet…

Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem

EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the…

Indonesia’s Runchise raises $1M in new funding co-led by East Ventures and Genesia Ventures

Runchise, an Indonesia-based restaurant management and culinary franchise startup, has on Tuesday announced that it has raised new funding of $1 million from the existing…

India’s Parseable raises $2.75M in seed round led by Surge and NP-Hard Ventures

Bengaluru-based analytics platform Parseable has announced a seed funding round of $2.75 million led by Surge and NP-Hard Ventures, earmarking its entry into the expanding log…

GXBank, Zurich Malaysia team up to offer insurance products in Malaysia

Grab-backed digital bank GX Bank Berhad (GXBank), Zurich General Insurance Malaysia Berhad and Zurich Life Insurance Malaysia Berhad, have jointly announced their ten-year…

​​The hidden secrets of building a successful ecommerce brand in Singapore

By leveraging niche opportunities, cultivating a compelling #brand identity, prioritizing customer satisfaction, and embracing innovation, founders can navigate the complexities…

AEON partners Visa to boost digital payment in Malaysia

AEON Bank, a Malaysia-based Islamic digital bank, has announced a strategic partnership with Visa, a world leader in digital payments. This new synergy marks a significant…