PingPong Payments secures Singapore’s in-principle approval for capital markets services license

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services…

ESR, MCUDI expand Indonesia logistics partnership to develop assets valued over $80M

ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint…

Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with…

Singapore’s Minister Josephine Teo, Grab’s founder Anthony Tan join AI for Good Global Commission

Singapore's Minister for Digital Development and Information Josephine Teo and Grab Co-founder and Group CEO Anthony Tan are among more than 40 founding members of the…

Singapore’s fintech M-DAQ integrates with Vietnam’s payment service METech to build ASEAN payment hub

Singapore-headquartered fintech M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments…

Korea’s LG Innotek to begin building $1B semiconductor substrate plant in Vietnam’s Hai Phong in Q3/2026

LG Innotek is set to kick off the construction of its $1 billion semiconductor substrate packaging plant in Vietnam's northern coastal city of Hai Phong, in the third quarter of…

Malaysia’s EV push shifts to localization as import curbs reshape market

New rules on imported electric vehicles (EVs) are expected to accelerate local assembly in Malaysia, but analysts say rising competition and softer demand could limit broader…

Malaysia’s fintech Boost launches agentic AI banking platform, handling 90% of customer enquiries

Boost, a Malaysian digital bank and fintech company, has announced enhancements to Boba AI, its agentic AI platform that enables customers to complete everyday banking tasks…

Digital business service TP, Singapore’s dtcpay to jointly boost stablecoin payment across APAC

TP, a global digital business services company, and Singapore-based regulated digital payments provider dtcpay will jointly deliver 24/7 customer engagement operations, supporting…

SEA tech funding records two times growth, reaching $7.4B in first half

Southeast Asia's tech companies raised a combined $7.4 billion in first half of 2026 — more than double the $3.2 billion raised in the same period a year earlier — even as the…