Tourists can now use AlipayHK, Kakao Pay, Touch ‘n Go, Alipay China in Thailand

Ant Group, the Chinese operator of Alipay+, the global cross-border digital payments and marketing solution, has on Monday announced that a total of four mobile wallets are now…

Stockbit and Fullerton Fund Management forge strategic partnership and acquire PT Ayers Asia Asset Management

Indonesia-based digital investing platform PT Stockbit Investa Bersama (Stockbit) and Singapore-headquartered investment firm Fullerton Fund Management Company Ltd (Fullerton),…

Singapore Deep-Tech Alliance announces revamped venture building program for SDTA24 cohort

Sustainability-focused deep-tech venture builder, Singapore Deep-Tech Alliance (SDTA) has on Monday announced the launch of its revamped venture building program for its third…

SoftBank launches in-house AI chat service

SoftBank Corp., a Japan-based telecom and IT operator, has on Monday announced it launched its own artificial intelligence (AI) Chat service for internal use. As of May 29, 2023,…

KAF-Carsome consortium targets to launch digital bank as early as year-end

Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the…

Salary cut for Temasek’s investment team, senior management over failed bet on FTX

"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including…

MRANTI invites high growth Malaysian startups for global expansion

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is inviting high growth startups looking to expand their business presence in Japan, Germany and Thailand…

INA, ESR, and Mitsubishi join forces to invest in modern warehouse in Indonesia

Indonesia Investment Authority (INA), Hong Kong-listed real estate firm ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged…

SoftBank partners NVIDIA for AI data centers across Japan

Japanese multinational investment firm SoftBank Corp has partnered with American multinational technology company NVIDIA on a pioneering platform for generative artificial…

Singaporean precision gut microbiome firm AMILI raises new funding led by East Ventures

AMILI, a Singapore-based precision gut microbiome company, has on Monday announced that it has secured new funding from venture capital firm East Ventures. The fresh funds will be…

India’s agrifoodtech sector funding falls 33 percent in 2022 : report

The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022, with funding dropped 33 percent to $2.4 billion in 2022, from $3.6…

white and black high rise buildings during sunset

Japanese tech firms eye Thailand’s 2 trillion baht digital economy

With the recent shift of some of the world's largest technology companies' supply chains out of China and into Southeast Asian markets like Vietnam, the whole region is poised to…

South and Southeast Asia fintechs raises $53.3B to date in alternative lending, digital banking, payments and transfers, and e-wallet

Over the entire history, fintechs in alternative lending, digital banking, payments and transfers, e-wallet sectors have raised a grand total of $53.3 billion and earned $17.8…

Malaysia’s TNB inks partnerships with energy players in Vietnam and Laos for renewable energy

Malaysian electricity utility Tenaga Nasional Berhad (TNB) has inked strategic partnerships with the major energy players in Vietnam and Laos to boost its ongoing drive to…