Malaysia & Indonesia emerge as prime beneficiaries in Asean amid data center boom

“We identify Malaysia and Indonesia as prime beneficiaries of the spur in data center investment due to their location advantage, which makes them the ideal gateway for…

Teleport, MJets Air strengthen collaboration with new interline partnership to enhance cargo operations

Malaysia's cargo solution provider MJets Air Sdn Bhd and logistics firm Teleport Everywhere Pte Ltd (Singapore) (Teleport) have strengthened collaboration with new interline…

CBC-Backed Hasten Biopharmaceutical acquires 14 Celltrion Legacy products

Singapore-based healthcare-dedicated asset management firm CBC Group announced that its controlled portfolio company, Hasten Biopharmaceutical (Hasten), an innovation-driven…

Malaysia’s pitchIN launches the pitchIN Secondary Trading Market

PitchIN, Malaysia’s digital fundraising and investmenthub, has on Wednesday announced that it is launching PSTX, the pitchIN Secondary Trading Market. PSTX is Malaysia’s first…

China’s BYD opens EV factory in Thailand, first in Southeast Asia – report

In May, it was reported that BYD plans to build an automotive assembly plant in Indonesia’s West Java, with groundbreaking scheduled for July.

HIMSS partners SNS Network to advance digital health transformation in Malaysia

Malaysia-listed information and communications technology (ICT) system and solutions provider SNS Network Technology Berhad has partnered with global health advocate Healthcare…

Open Campus receives grant from Arbitrum Foundation to launch EDU Chain

Open Campus, the decentralized education protocol backed by various launch partners including Animoca Brands, announced Thuesday it has received designated grant funding from the…

South Korea’s Hyundai & LG Energy open Indonesia’s first battery cell plant – report

Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia.

Global Founders Capital and Insight Partners launch Singapore-headquartered SaaS firm Summit

Germany-based venture capital firm Global Founders Capital and United States-based investment firm Insight Partners have teamed up to launch Summit, a Singapore-headquartered…

Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050

Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to…

Set Sail AI partners Choco Up to drive generative AI adoption

Choco Up, a Singapore-based revenue-based financing (RBF) and growth platform, has announced a strategic partnership with Set Sail AI, a Hong Kong-based intelligent contact center…

Indonesia’s Elevarm partners Amartha, Rabo Foundation & Scala in global collaborations to grow pro-farmer financing product

Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information…

Malaysia’s Oretha raises $105,759 via equity crowdfunding

Oretha Senior Care, a senior care provider in Malaysia, has announced the successful completion of its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with…

UNDP and DFINITY Foundation collaborate to boost financial inclusion for MSMEs

United Nations Development Programme (UNDP) has announced a new partnership with the DFINITY Foundation, which will leverage the Internet Computer blockchain technology to further…