Vietnam’s VinFast inks deal with Guam AutoSpot to distribute EVs in Micronesia

Vietnamese car maker VinFast Auto has officially signed a cooperation agreement with Guam AutoSpot to distribute VinFast electric vehicles in Micronesia, VinFast said in a…

Singapore’s AnyMind to acquire Malaysian e-commerce enabler Arche Digital

AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of…

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From lab to cure: Three trailblazing trends for biotech startups in 2024

As we peer into the future of the APAC biotech landscape, biotech startups will continue to see opportunities for innovation and funding on the horizon. The anticipated trends in…

Indonesia’s GoTo foresees breakeven in 2024 after first quarterly profit

Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first…

Singapore’s Studio 30 50 expands to Copenhagen to boost MaritimeTech

Singapore-based venture capital firm Studio 30 50 has launched its first European cohort in Copenhagen, welcoming back previous cohort-founded startups Orbital Wave and Vanguard…

B Capital closes Opportunities Fund II at $750M

B Capital, a global multi-stage investment firm, has on Tuesday announced the close of B Capital Opportunities Fund II, L.P. (Opportunities Fund II) with aggregate capital…

UAE’s Eesee receives strategic investment from Animoca Brands

Eesee, the United Arab Emirates (UAE)-based gamified marketplace has received an investment from Animoca Brands, a Hong Kong-based gaming firm.

Chubb partners Atome to co-create insurance products for SEA

Switzerland-based insurance firm Chubb and Singapore-based digital financial services platform Atome, have announced a regional partnership to help drive consumer protection…

Kaya Founders raises $18M in second close to support more Filipino entrepreneurs

Philippines-based venture capital firm Kaya Founders is targeting PHP1.4 billion ($25 million) across two new funds to invest in early-stage start-ups in the Philippines and…

BEYOND Expo & Asian Family Legacy Foundation to co-host exclusive Wealth Summit on May 24, 2024, part Of BEYOND Expo 2024

Over 200 LPs, including more than 150 family offices from across 30 countries, set to attend, aiming for collaboration with international partners.

YTL Power to deploy YTL AI Cloud that is powered by NVIDIA

Malaysia-based power firm YTL Power International has on Monday announced the formation of YTL AI Cloud, a specialized provider of massive-scale GPU-based accelerated computing,…

Singtel launches Paragon-S to drive digital transformation for satellite operators

Singtel has on Tuesday launched Paragon-S, a digital aggregation and orchestration platform that will empower satellite operators to digitally transform and leverage the newest…

Country Builders Bank partners India’s fintech firm Kiya.ai to advance banking infrastructure

Country Builders Bank, Inc. (CBB), a rural bank in the Philippines, has on Monday announced its strategic collaboration with Kiya.ai, a fintech firm based in India, to advance its…

Singtel to introduce GPU-as-a-Service powered by NVIDIA accelerated computing

Singtel has on Tuesday announced it will be launching its GPU-as-a-Service (GPUaaS) in Singapore and Southeast Asia in the third quarter of this year, providing enterprises with…