Actis closes $600M MTerra Solar investment with Meralco PowerGEN (MGEN) unit MGreen

Global sustainable infrastructure firm Actis has announced the closing of the acquisition of a stake in Terra Solar Philippines, Inc. (MTerra Solar), with MGEN Renewable Energy,…

Tracxn: SEA tech startups funding up 30 percent quarter on quarter to $909M in Q1 of 2025

South East Asia (SEA) tech startups raised $909 million in the first quarter of 2025, 30 percent higher than the fourth quarter of 2024, Tracxn said Thursday.

Boost Bank partners CGC Digital to offer $29M financing solutions to MSMEs in Malaysia

Boost Bank, Malaysia's homegrown digital bank, has partnered with CGC Digital, a fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to enhance support for…

Microsoft’s upcoming cloud region to generate $10.9B in new revenues for Malaysia by 2028

Microsoft, its partners, and cloud-consuming customers will generate $10.9 billion in new revenues for Malaysia by 2028 with its upcoming hyperscale cloud in the country, the…

Gobi Partners backs Funding Societies to advance SME financing, fintech innovation across SEA

Funding Societies | Modalku, the largest small and medium-sized enterprise (SME) digital finance platform in Southeast Asia, has announced a strategic equity investment from Gobi…

Malaysia’s Tech Minister shares plans as Malaysia takes on the ASEAN Chairmanship in 2025 [Q&A]

In a recent interview with TNGlobal, Malaysia’s Minister of Science, Technology and Innovation Chang Lih Kang detailed the government’s plans to drive Malaysia’s science,…

Singapore’s Motion Ventures launches $100M maritime tech fund

Singapore-based venture capital firm Motion Ventures has unveiled its $100 million second fund (Motion Ventures Fund II), targeting solutions that digitize and decarbonize the…

Indonesia’s Telkom plans to integrate Meta’s LlaMa technology

Indonesia-based telecommunications firm Telkom Group said Tuesday that it plans to implement LlaMa, a state-of-the-art, open-source AI model developed by global technology firm…

Salesforce survey: 60 percent of Singapore consumers bullish about the AI impact in FSI

60 percent of Singapore consumers, including majority of millennials and Gen Z, are bullish about the impact of artificial intelligence (AI) in financial services industry (FSI),…

Carro rolls out brand new cars in Singapore

Singapore-based online used car platform Carro has rolled out brand new cars in the country, expanding automotive options for customers complete with in-house financing and after…

Rumah123 partners Ringkas to boost property financing in Indonesia

Indonesia-based property marketplace Rumah123 has established a strategic partnership with digital mortgage platform PT Ringkas Technology (Ringkas) to boost property financing in…

Singapore’s Venturi Partners launches $225M second fund

Venturi Partners, a Singapore based growth-stage consumer-focused investor in India and Southeast Asia, has announced the launch of its second fund, targeting $225 million, with a…

Telkomsel and Novosol ink partnership to boost mobile video advertising revenue in Indonesia

Indonesia's largest telecom operator Telkomsel has signed a mobile video advertising agreement with Novosol, a global mobile video advertising leader, to boost their revenue in…

The Philippines-based payment firm Higala extends seed funding to $2.8M

Higala, an inclusive instant payment system in the Philippines, has extended its seed funding round to $2.8 million with fresh funds from Talino Venture Studios, a global venture…