Corrective Aesthetics partners Teda Technology to tackle Malaysia’s rising mental health crisis

In response to the escalating mental health crisis in Malaysia, tech firms Corrective Aesthetics Sdn Bhd and Teda Technology Sdn Bhd have announced a groundbreaking collaboration…

Golden Gate Ventures expands global footprint with first regional MENA office in Saudi Arabia

Golden Gate Ventures, a Singapore-based venture capital fund founded by Silicon Valley natives, has on Monday announced the establishment of their first Middle East and North…

Kitchens@ secures $65M Series C funding from Finnest

Kitchens@, an India-based cloud kitchen startup, has raised $65 million in Series C funding from Finnest, an emerging growth investment firm headquartered in London. The raised…

Whampoa Digital partners Wemade for $100M Web3 fund in Middle East

Whampoa Digital, the digital assets investment arm of Singapore-based Whampoa group, has partnered with South Korean gaming company Wemade for $100 million Web3 Fund and digital…

Japan’s Sumitomo Life acquires Singlife 35.48 percent stake for $1.21B

Japan-based Sumitomo Life Insurance Company has entered into an agreement with TPG Inc. to acquire TPG’s 35.48 percent stake in Singapore Life Holdings Pte. Ltd. (Singlife) for…

Blackstone inks deal to acquire Sony Payment Services

American alternative investment management company Blackstone has on Friday announced that it has inked deal to acquire a majority stake in Sony Payment Services Inc. (SPSV), one…

Malaysia’s TNB partners Sime Darby to accelerate sustainable township development in Malaysia

Malaysian utility firm Tenaga Nasional Berhad (TNB) and property developer Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting…

Bursa Malaysia partners RAM Holdings to launch new debt fundraising platform

Bursa Malaysia Berhad and RAM Holdings Berhad, have through a joint venture entity, Bursa Malaysia RAM Capital Sdn Bhd (formerly known as BM RAM Capital Sdn Bhd), on Friday…

Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M

Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million…

Softbank-backed Riiid acquires South Korean edtech firm Qualson

Riiid Inc., a Softbank Vision Fund-backed artificial intelligence (AI) education technology company, announced Thursday the acquisition of Qualson Co Ltd., a leading English…

Japan’s Mercuria partners Singapore’s OCBC to launch sustainability fund in Asean

Japan-based investment firm Mercuria Holdings Co., Ltd. has partnered Singapore financial services group Overseas-Chinese Banking Corporation Limited (OCBC) to launch a fund to…

Four Chinese EV makers ready to start production in Indonesia – report

The four EV producers have also expressed their readiness to follow the regulations in Indonesia, including complying with the 40 percent domestic component level rule.

Tencent Cloud unveils latest AI solutions in Malaysia

Tencent Cloud, the cloud business of Chinese tech company Tencent, has unveiled its latest artificial intelligence (AI) and media solutions to local partners at Inaugural Tencent…

Singapore’s Keppel Infrastructure Trust to acquire 45 percent stake in a solar portfolio from German RE firm Enpal

Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), as Trustee-Manager of Keppel Infrastructure Trust (KIT) is committing up to €109m ($119.81 million) to acquire a 45 percent…