Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026
VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.
Cradle Fund & Bursa Malaysia collaborate to facilitate listing of local startups on Malaysia stock exchange
This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and…
Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia
The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast…
Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Carsome is ready for an initial public offering (IPO) but is in no rush to list.
SUSI Partners to acquire sizeable commercial & industrial solar PV projects in Southeast Asia
Swiss-based fund manager SUSI Partners, through its Asia Energy Transition Fund, has entered into a partnership with experienced clean energy developer BayWa r.e. for the…
Tencent Cloud launches inaugural Web3 Product Tencent Cloud Blockchain RPC for developers & enterprises
Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.
Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures
Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be…
HSBC Malaysia launches $106.92M New Economy Fund, providing lending to tech-led businesses & startups
The fund will primarily support lending to tech-led businesses and emerging startups from Series B stage and beyond who are tapping opportunities within Malaysia’s growing digital…
Indonesia’s legal tech startup Hukumku raises funding led by East Ventures
The funding will be allocated to accelerate its product development and marketing efforts as the platform will be launched in November 2023.
Vertex Ventures SEA & India completes Fund V’s final close at $541M
The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.
Embarking on a transformative journey at “Explore the Innovation Ocean” at HK Ocean Park, organized by Jumpstart & StartmeupHK
"Explore the Innovation Ocean" ensures an extraordinary voyage, seamlessly interweaving profound discussions, pioneering exhibitions, and unparalleled networking prospects.…
Taiwan’s TenMax & Infobip join forces to democratize marketing automation in Indonesia
TenMax will offer Infobip’s omnichannel communication solutions to the Indonesian market.
MATRADE, MDEC ink MoU to enhance Malaysian tech companies’ global footprint
The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade…
Southeast Asia’s pet ecosystem platform Petotum, Malaysia’s Etiqa General Insurance Bhd launches pet insurance product
PAWer Insurance introduces innovative features including cashless admission at panel veterinary clinics and a seamless claims experience for pet owners. Beyond insurance, "PAWer…
