Malaysia’s Proton plans for comprehensive new energy vehicle solutions

Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku…

Indonesia’s Bukalapak acquires majority stake in Malaysian price comparison platform iPrice

Indonesian e-commerce firm Bukalapak announced Tuesday that it has acquired a majority stake in iPrice, a Malaysia-based price comparison platform.

Hong Kong’s 01Fintech seals strategic partnership with Indonesia’s Sinar Mas Financial Services

01Fintech, a Hong Kong-based growth stage private equity (PE) firm, has on Tuesday announced a strategic partnership with Sinar Mas Financial Services (known locally in Indonesia…

Vietnamese EdTech firm Prep raises $1M funding co-led by East Ventures and Cercano Management

Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, has on Tuesday announced that it has raised $1 million co-led by East…

Kairous Capital to establish Malaysia-China Digital Cooperation Council & development fund to invest in tech sector in both countries

MCDCC also announced the establishment of the Malaysia-China Digital Cooperation & Development Fund to invest up to MYR1 billion ($226.28 million) in digital technology sectors,…

Indonesia cuts VAT on electric vehicles drastically to 1% – report

The incentive came into effect this month and will remain in place until the end of the year, the Coordinating Ministry of Maritime and Investment Affairs said in a statement.

Singapore’s Alchemy Pay secures $10M funding from DWF Labs to expand to South Korea

In order to facilitate its expansion into the Korean market, Singapore's payment solutions provider Alchemy Pay has announced a strategic partnership with DWF Labs, the prominent…

Ericsson to collaborate with Intel on advancing usage and adoption of 5G in Malaysia

Swedish telecommunications company Ericsson and American technology company Intel have signed a memorandum of understanding (MoU) to collaborate on the development of 5G use cases…

Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says

Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in…

Hong Kong Web3 Festival 2023 to take place on April 12-15

Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organized by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.

Malaysia’s DRB-Hicom partners China’s Geely to develop Automotive High-Tech Valley in Malaysia

Malaysian automotive manufacturer and distributor DRB-Hicom Berhad and China's Zhejiang Geely Holding Group Co Ltd (Geely) have signed a Heads of Agreement (HOA) to reinforce the…

Malaysia’s MN Holdings partners China’s DC-Science to set up high performance data center in Malaysia

Malaysian underground utilities and substation engineering specialist MN Holdings Berhad is partnering China’s Shanghai DC-Science Co Ltd to develop its first high performance…

Indonesia’s Fresh Factory raises $4.15M in pre-Series A funding led by SBI Ven Capital

Fresh Factory, an Indonesia-based integrated cold chain fulfilment and enabler startup, has on Monday announced it has raised $4.15 million in pre-Series A funding. The round was…

Singapore’s Venti Technologies raises $28.8M Series A funding led by LG Technology Ventures

Venti Technologies, a Singapore-based firm in autonomous logistics for global supply chain and industrial hubs, has announced that it has secured $28.8 million in a Series A…