Delivery Hero ends talks on potential sale of selected SEA foodpanda business
Delivery Hero SE, Germay-based local delivery platform, has on Wednesday announced that it has terminated discussions with the main negotiating counterpart regarding a potential…
South Korea’s InnoCSR secures new investment from ADB Ventures, Garden Impact Fund, and Clarion Newlife Capital
South Korea's green energy firm InnoCSR has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new…
Singapore’s Novosol bolsters expansion plans with additional Series B funding
Novosol, a Singapore-based mobile advertising technology player, has successfully raised total Series B funding to over $10 million via Singapore and the United Kingdom Family…
Vietnam’s VinFast to build $500M integrated EV manufacturing site in India
Vietnamese automaker VinFast Auto announced Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on…
Thailand approves incentives for companies transitioning to electric trucks & buses – report
By 2030, Thailand aims to convert 30 percent of its annual production of 2.5 million vehicles into EVs, according to a government plan.
Philippine government, Grab working to legalize motor taxis – report
GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.
Indonesia issues more tax incentives for EV sales – report
The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.
Malaysia’s national car Proton hints about launching new energy vehicles soon – report
Proton Car is the national car brand of Malaysia. The brand was established in the early 1980’s at the behest of the Malaysian government, and later reverted to semi-private…
Trends shaping Southeast Asia’s insurance landscape in 2024
#Insurtech companies have emerged as catalysts for change, seamlessly integrating insurance into diverse platforms such as #ecommerce, #fintech, and #logistics. Through innovative…
Singapore’s Blockhead secures funding led by Franklin Templeton
Blockhead, a Singapore-based digital assets media publication, has announced the successful completion of its investment round. The investment is led by Franklin Templeton, one of…
UNOAsia secures $32.1M pre-series B funding for expansion in Philippines
Singapore-headquartered fintech firm UNOAsia Pte Ltd has raised $32.1 million in a pre-Series B round to propel its mission to reshape the future of banking in the Philippines.…
Aerodyne partners DroneDash Technologies to introduce cross-border drone delivery services between Malaysia and Singapore
Aerodyne Group, a drone-based enterprise solutions provider headquartered in Malaysia, has on Wednesday inked an agreement with DroneDash Technologies (DroneDash), an air mobility…
NEXTGEN and Claroty team up with new distribution agreement
Singapore-based technology services firm NEXTGEN Group Asia and United States-based cyber-physical systems (CPS) protection company Claroty have announced a new distribution…
Singapore’s Transparently.AI secures investment from Franklin Templeton
Transparently.AI, a Singapore-based maker of artificial intelligence software that detects accounting fraud, has secured an investment from Franklin Templeton as part of its…
