D2C companies in SEA raise $32.5M in 2024, a 3 times surge from 2023: Tracxn
The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn…
Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital
Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive…
Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia
Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1…
Delivery Hero continues geostrategy optimization and exits Thailand
Delivery Hero SE, the Germany-based delivery platform, announced Wednesday that foodpanda, its Asia-based business, will stop operating its platform, food and grocery delivery…
Pepper Labs collaborates with Microsoft to boost AI fluency in Malaysia
Malaysian social enterprise Pepper Labs has embarked on a strategic collaboration with Microsoft to expand the artificial intelligence (AI) for Malaysia’s Future (AIForMYFuture)…
F5 expands global footprint with new point of presence in Indonesia
F5, a global multi cloud application security and delivery company, has on Wednesday announced the expansion of its global network with a new point of presence (PoP) site in…
Google Pay rolls out integration of eWallets – ShopeePay and TNG eWallet in Malaysia
Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay's first eWallet integrations in…
The rise of micro-startups: Building businesses with zero code in 2025
In 2025, building a business isn't about having deep pockets or big teams. It's about smart execution, automation, and agility. Thanks to #NoCode tools and #AI, micro-startups…
Singapore-based financial institution Penguin Securities secures MAS CMS license
Penguin Securities, a Singapore-based financial institution, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS).
Over $22.8 million investment secured by Malaysian startups under MYStartup in 2024
Over 4,300 startups onboarded, 17,000 individuals supported, and MYR 100+ million ($22.8 million) in investment secured last year, MYStartup Annual Report 2023/2024 showed…
21 percent of SMEs in Malaysia are women-led: Strive Malaysia
Women-owned businesses, defined as 51 percent owned, managed, and controlled by one or more women, are on the rise, with micro and small women entrepreneurs (MSWEs) make up 21…
Juspay establishes Asia Pacific hub in Singapore
Juspay, a global payment infrastructure solutions firm, has announced the opening of a new office in Singapore.
MDEC partners Zhejiang University to spur AI, digital innovation economy
The Malaysia Digital Economy Corporation (MDEC) and Zhejiang University have recently signed a letter of intent (LOI) to collaborate on digital transformation, artificial…
NASDAQ-listed MoneyHero offers end-to-end car insurance purchase journey in Hong Kong through strategic partnership with bolttech
In collaboration with global insurtech bolttech, this innovative enhancement enables customers to compare and receive real-time insurance quotes while seamlessly completing their…
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