VinFast remains in the red in Q2 despite higher revenue
Vietnamese electric vehicles (EV) maker VinFast has remained in the red despite increased revenue in the second quarter ended June 30, 2025.
Proton launches first EV assembly plant in Malaysia with 20,000 annual capacity
Automaker Proton has launched the first assembly plant exclusive for electric vehicle (EV) production in Malaysia at Proton Tanjung Malim.
Thai-founded LineWise raises $1.1M in Pre-Seed funding from Y Combinator, A2D Ventures
LineWise (YC X25), the Thai-founded artificial intelligence (AI)-powered virtual engineer for manufacturers, has raised $1.1 million in pre-seed funding from A2D Ventures, Y…
Ant International’s Antom debuts agentic payment solution
Antom, a merchant payment and digitization services provider under Ant International, announced Thursday the launch of an agentic payment solution, featuring a first-of-its-kind…
PropertyGuru appoints Lu Yao as Managing Director for Singapore
PropertyGuru Group, the Singapore-based property technology company, announced Thursday the appointment of Lu Yao as Managing Director, effective September 15.
Airwallex expands to billing businesses via OpenPay acquisition
Airwallex, a global financial platform for modern businesses, announced Wednesday the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription…
Singapore’s RushOwl raises $10M in Series A funding led by Gobi Partners
RushOwl, a Singapore-based ride-sharing platform that reduces carbon emissions with its proprietary artificial intelligence (AI)-based technology, has raised $10 million in Series…
Social trading: Breaking barriers for all traders
Social trading is a valuable tool for portfolio diversification and connecting with experienced traders worldwide. However, users are always advised to make informed decisions by…
FinTech giant Stripe banks on stablecoin & AI for APAC growth [interview]
Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the…
Malaysia to host first ever Southeast Asia Smart City Expo
Taking place from Sept 17 to 19, SCEKL25 will carry the theme “AI Cities: Shaping Our Digital Future,” reflecting Malaysia’s bold vision to build intelligent, inclusive, and…
StraitsX partners TBCASoft for multi-currency, stablecoin-driven cross-border payments
StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins, has announced a strategic memorandum of understanding…
Cradle Live! roadshow ignites Johor’s startup ecosystem ahead of Startup Asean Summit 2025
With more than 130 participants, the roadshow underscored Johor’s growing role as a southern innovation hub. Through panels, fireside chats and masterclasses, startups gained a…
Thunes, Ripple expand global partnership to boost cross-border payments
Thunes, the Singapore-based payment firm, and Ripple, the US digital asset infrastructure for financial institutions, have announced an expanded partnership to boost cross-border…
Securing the unseen: Closing the AI visibility gap in APAC
As AI becomes increasingly embedded in everything from national digital identity programmes to predictive healthcare and smart city infrastructure, the role of cybersecurity is…
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