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…

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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…

Bangladesh’s PriyoShop raises $5M in Series A funding led by Century Oak Ventures

PriyoShop, Bangladesh’s business to business (B2B) retail marketplace for micro, small and medium enterprises (MSMEs), has on Tuesday announced the completion of a $5 million…

SPORTPASS partners Euroleague Basketball to deliver next-generation fan engagement and gaming experiences to fans

Sports and entertainment business firm Euroleague Basketball and fan engagement and gaming platform SPORTPASS are collaborating to reinforce Euroleague Basketball's gamification…

TikTok still violates Indonesian in-app transactions ban, says minister – report

Teten Masduki, the Indonesian minister for small and medium enterprises (SMEs), told reporters that TikTok still had not complied with the regulation.

Singapore fintech platform Xalts acquires Contour Network from consortium of global banks

Accel and Citi Ventures-backed Singapore fintech firm Xalts has on Tuesday announced its acquisition of Contour Network, owned by a consortium of global banks, to accelerate…

Tsangs Group and John Textor’s Family Office join forces again for global investments

Tsangs Group, an innovation-focused family office that bridges East and West, and the family office of entertainment technology pioneer John Textor have signed a partnership…

India’s NIIF invests $25M in Amicus Capital

Indian government backed fund National Investment and Infrastructure Fund Limited (NIIF) has announced a commitment of INR 207 crores ($25 million) to private equity firm Amicus…

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