TNGlobal Staff
Indonesia’s Xendit integrates with Philippines’ Dragonpay
Xendit, Indonesian payments infrastructure company, announced Wednesday the integration of Dragonpay Corporation, the Philippines’ alternative payments platfomr.
B Capital closes oversubscribed Ascent Fund III at $500M hard cap
B Capital, a global multi-stage investment firm, announced Monday the final close of B Capital Ascent Fund III, L.P. at its hard cap of $500 million in aggregate capital commitments.
Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong
Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.
AI data center boom tests Malaysia’s power, water and talent limits – AMRO
Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.
Singapore, Indonesia explore potential collaboration on offtake of imported low-carbon electricity
Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.
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 (CMS) license.
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 development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.
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 industry gains.
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 number of funding rounds and first-time funded companies both declined, Tracxn said last Friday.
AscentHR acquires OS HRS to strengthen APAC payroll technology position
AscentHR, an India-based human resource technology provider announced Monday the acquisition of OS HRS, a Malaysia-based payroll outsourcing provider, to strengthen its position in Asia Pacific (APAC).
