Vingroup plans to invest in Philippine market, starting with establishment of VinFast’s network of EV & motorcycle dealerships
VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.
Southeast Asia’s digital economy will contribute 56% to its GDP by 2027 : Una Financial
Southeast Asia’s digital economy will contribute 56 percent to its gross domestic product (GDP) by 2027, with digital payments taking the lead (61.5 percent), said UnaFinancial on…
Southeast Asia’s total food delivery spend on platforms grow 5 percent on year to $17.1B in 2023
Southeast Asia’s total food delivery spend on platforms grew a modest 5 percent year on year to reach $17.1 billion in 2023, mirroring the growth rate observed in 2022, Momentum…
SoftBank Ventures Asia changes name to SBVA after closing $150M fund
SoftBank Ventures Asia is officially changing its company name to SBVA after closing $150 million fund. SBVA, through this fund, aims to actively discover early to mid-stage…
ASEAN Foundation and Microsoft launch AI TEACH for ASEAN Program to shape the region’s tech future
Recognizing the crucial role of artificial intelligence (AI) skilling in fostering inclusive economic growth by empowering workers and job seekers to supercharge their careers and…
APAC businesses expected to nearly triple spending on generative AI to $3.4B in 2024: Infosys Research
Companies across Asia-Pacific (APAC) are quickly ramping up investments in generative AI (GenAI) and entering a higher stage of maturity, according to Infosys. The research…
Higlobe partners Triple-A to deliver near instant, free transfers from the US to Filipino remote workers
Higlobe, a payment solution for global businesses and remote professionals, has on Monday announced a partnership with Triple-A, the digital currency payment institution, aimed at…
MCI, DISG, SNG, EnterpriseSG, and Google Cloud unveil new initiatives to advance Singapore’s national AI strategy
The Ministry of Communications and Information (MCI), Digital Industry Singapore (DISG), Smart Nation Group (SNG), Enterprise Singapore (EnterpriseSG), and Google Cloud have on…
Danfoss unveils Asia Pacific’s Sustainability Technology Center in Singapore to accelerate decarbonization efforts regionally
Danish multinational engineering group, Danfoss, has unveiled Asia Pacific’s first Sustainability Technology Center (STC) in Singapore on Monday at the Nordic European Center,…
Singapore’s Mesh Bio raises $3.5 million of series A funding led by East Ventures
Mesh Bio, a Singapore-based health deep tech startup, announced Tuesday that it has raised $3.5 million in Series A financing led by East Ventures, a venture capital firm focusing…
Digital disruption: Pioneering the next wave of DeFi money markets
Projected to generate a revenue of $26.2 billion this year, the #DeFi market is surging ahead despite its inherent complexities and security challenges. In the ever-evolving…
Carro opens two new branches in Thailand, eyeing expansion
Carro, a Singapore-based online used car platform, has unveiled two new branches in Kingkaew and Tiwanon, bringing its total branches in Thailand to five. The move is to bring its…
South Korea’s Elice raises $14.9M in Series C round led by Vertex Growth
Elice Inc. (Elice), South Korea’s upcoming artificial intelligence (AI)-powered educational platform company, has raised a KRW 20 billion ($14.9 million) Series C round. The new…
