Thai bank SCBX acquires Home Credit Vietnam for $864M

Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion…

JC3 works on specific action plans to support economy transition in Malaysia

The Joint Committee on Climate Change (JC3), the platform established in 2019 to pursue collaborative actions for building climate resilience within the Malaysian financial…

China’s GDS inks renewable energy agreement with Malaysia’s Cenergi

GDS, a China-based developer and operator of high-performance data centers, has reinforced its commitment to sustainability by establishing a 21-year renewable energy virtual…

Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East

Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman…

Geely-backed EV firm Polestar secures $950M external funding

Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The…

QIA to invest $1 billion to support local and regional entrepreneurs

Qatar Investment Authority (QIA) is set to launch Qatar's first venture capital (VC) fund of funds, a strategic investment program to foster innovation in Qatar. The fund of funds…

Capital A to list brand management platform in United States

Malaysia-based Capital A (formerly known as AirAsia Group Berhad) said Wednesday that Capital A International (CAPI), owner of the iconic AirAsia brand, will be publicly listed in…

KMP invests in AI computer vision and consumer engagement advertising platform SmartRetail

Kumpulan Modal Perdana (KMP), a Malaysian government-owned tech-focused venture capital, announced Tuesday their successful investment in SmartRetail, a Singapore-based computer…

iFLYTEK, Zense Entertainment, and Chulalongkorn University ink deal to accelerate advancement of Thai speech recognition

China-based artificial intelligence (AI) and speech technology provider IFLYTEK has announced a collaboration with Thailand entertainment technology firm Zense Entertainment and…

Humane partners SoftBank to transform AI experience in Japan

Humane Inc has on Thursday revealed plans for a telco partnership with SoftBank Corp.(SoftBank) for the Humane Ai Pin, the first stand-alone Ai device and proprietary Ai-driven…

Glints & MHV report reveals startup salaries cool in 2023

Startup salaries cool in 2023 with junior engineering roles seeing the sharpest decline of 6 percent, Glints and Monk’s Hill Ventures revealed on Thursday. According to the…

Mocaverse strengthens Korean presence with Cube Entertainment, IPX, Daehong Communication (LOTTE Group), Nine Chronicles M, GOMBLE

Mocaverse, the marquee growth network with an interoperable infrastructure layer of account, identity, reputation, and PointFi systems seeded by Animoca Brands, announced…

GoTo, TikTok compliance with Indonesia’s trade regulation nears 100%, says GoTo CEO – report

Indonesian minister for small and medium enterprises Teten Masduki said last week TikTok had yet to comply with the regulation.

Malaysia government mulling one-off subsidy to boost EV ownership – report

"This suggestion is being fine-tuned by the Finance Ministry," deputy minister said.