Yimie Yong
Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast Asia
The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.
November 20, 2024
News,Indonesia,Singapore,Sustainability
Ant International unveils global program for marine conservation
AquaViva will leverage Ant International’s digital capabilities to raise awareness, educate communities, and foster a global mindset toward marine sustainability. This includes leveraging data analytics and outreach platforms to support Conservation International’s research and deepen insights into conservation efforts.
November 19, 2024
News,Malaysia,Investments,Robotics,Venture Capital
Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn Capital
DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.
November 15, 2024
Indonesia’s Indosat, GoTo launch Sahabat-AI: Indonesia’s open-source LLM
reated by Indonesians, for Indonesians, it aligns with the Golden Indonesia 2045 vision, supporting national leadership in technology and infrastructure. Due to its understanding of local context, Sahabat-AI will enable Indonesians to build AI-based services and applications in Bahasa Indonesia and various local languages, addressing a gap left by global AI…
November 14, 2024
Vietnam’s EV maker VinFast secures $3.5B funding from Vingroup & founder Pham Nhat Vuong
Vingroup plans to lend VinFast up to 35 trillion Vietnamese dong ($1.4 billion) by the end of 2026, the company said in a statement on Tuesday. Additionally, Vuong has personally pledged 50 trillion dong ($2.1 billion) in sponsorship.
November 12, 2024
Vietnam says China’s Shein, Temu must register with government or be blocked – report
Both Temu and Shein are facing increased scrutiny and legal challenges. Last month, Indonesia has requested Apple and Google to block Temu from their app stores to protect small merchants from competing with ultra-cheap items.
November 12, 2024
Intudo raises $125M to bring the world to Indonesia & Indonesia to the world
Intudo Ventures announced the closing of $125 million across two investment funds—Intudo Ventures IV, LP, a $75 million venture fund, as well as a $50 million fund that will invest in downstreaming natural resources and renewable energy.
November 12, 2024
Hong Kong’s unicorn Lalamove launches e-hailing services in Malaysia, expands to Turkey
Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple and affordable.
November 11, 2024
Gobi-Core Unveils “Philippine Horizons” Report, the Future of Filipino Innovation in Asean
The report highlights specific areas where the Philippines can lead, including AI integration and talent pipeline development, positioning the country to stay competitive within the evolving ASEAN landscape.
November 11, 2024
China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation
The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.
November 11, 2024