Malaysia’s AIZO partners Netrunner to develop data centers park in Sarawak

Malaysia-listed engineering services company AIZO Group Berhad (formerly known as Minetech Resources Berhad), has inked a memorandum of understanding (MoU) with energy firm…

IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth

The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate…

Ant International’s WorldFirst sees total transaction volume soars to $300B

China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.

Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth

Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel…

Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3

The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said…

Tracxn : Singapore tech startups funding fall 26 percent year on year in third quarter

Singapore tech startup ecosystem secured total funding of $397 million in the third quarter of 2024, which is a 26 percent decline from $536 million raised in the corresponding…

Indonesia blocks e-commerce app Temu over regulatory violations – report

Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.

Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles

This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of…

Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund

Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).

San Marina Bay, Singapore

From government to grassroots: Businesses and communities shape Singapore’s digital future in Smart Nation 2.0

A decade after launching its original Smart Nation initiative, Singapore is poised to embark on the next phase of transformation: #SmartNation2.0. This refreshed strategy is…

AirAsia X shareholders back acquisition of Capital A’s aviation business

Malaysia-based low cost carrier AirAsia X (AAX) announced that its shareholders expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the…

MOSTI announces seven local startups as winners of MYHACKATHON 2024 Cohort 1

The Ministry of Science, Technology and Innovation (MOSTI) of Malaysia and its agency, Cradle Fund Sdn. Bhd. (Cradle), have announced the list of seven winners for the MYHackathon…

Malaysia’s online crime cases increase 35.5 pct in 2023 with e-commerce crime accounts for 33.2 percent

Malaysia's online crime cases increased 35.5 percent year on year to 34,532 cases in 2023 from 25,479 cases in the previous year, with e-commerce crime accounted for 33.2 per…

UBS sees Malaysia’s green technology, data center as sectors of interest for foreign investors

Malaysia's green technology and data center are some of the sectors of interest for foreign investors, UBS said in its recent note.