MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing

Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial…

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Partners in synergy: How SariSuki is keeping things fresh in tackling food insecurity

Rising cost, lack of accessibility, inefficient distribution, and a very weak supply chain have made the Philippines the country with the most severely food-insecure people in…

Digital 2025: AI accelerates, YouTube tops user charts, social ad spend soars and more

Artificial intelligence (AI)’s momentum is accelerating as social media is increasingly important for brand discovery, and ad spend has increased significantly across digital,…

East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea,…

IFC announces first sustainability-linked loan in Indonesia to decarbonize retail properties and support green building development

To support sustainable development and advance Indonesia’s journey to a low-carbon future, the International Finance Corporation (IFC) has announced its first…

Hong Kong-based cryptocurrency custodian Hex Trust secures strategic investment from Morgan Creek

Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round…

Malaysia’s MEASAT partners China’s SPACESAIL to advance LEO satellite services

Malaysian satellite solutions provider MEASAT Global has partnered Chinese low earth orbit (LEO) satellite operator Shanghai Spacesail Technologies (formerly Shanghai Spacecom…

Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services

Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity…

ThaiQuest partners SIX to expand market data access, enhance financial information business

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the global financial data and market infrastructure provider, to access comprehensive…

Singtel secures $476M green loan for DC Tuas data center project

Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in…

Malaysia’s Proton begins construction of new EV plant in Tanjung Malim

Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction…

woman in white shirt standing in front of computer

Using Gen AI in healthcare puts lives on the line – here’s how to mitigate this

The future of healthcare depends on our ability to harness the power of data to improve patient outcomes. Scalable, secure, and flexible #data ecosystems are the key to unlocking…

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China’s great leap forward from assembly lines to algorithms

A more nuanced perspective reveals China’s transition from an export-driven, investment-heavy model to one centered on domestic consumption and technological innovation. Far from…

Maybank foresees positive synergy from potential Grab-Gojek merger

Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could lead to annual synergies of $106 million to $209 million and as such would be…