Yimie Yong

Malaysia Carbon Market Association signs MOC with 4 associations from Asean countries

With a unified carbon market framework and strategic partnerships, the ASEAN collaboration is set to unlock carbon project opportunities that are unique to the region and simultaneously send a stronger demand signal to the world.

Prudential officially launches global AI Lab in Singapore

The Prudential AI Lab was developed with support from the Ministry of Digital Development and Information (MDDI), the Economic Development Board of Singapore (EDB) and the Monetary Authority of Singapore (MAS). It has been launched in partnership with Google Cloud, which is providing Prudential employees with end-to-end technical support and access to…

Buy Now Pay Later market in Southeast Asia set to exceed $50B by 2027 – report

Analysts of UnaFinancial forecast that by 2027, the Buy Now, Pay Later (BNPL) market in Southeast Asia will reach $53.2 billion across six key countries, with Indonesia leading at $16.8 billion and making up 32 percent of the market. The Philippines and Malaysia will experience the fastest growth between 2024 and 2027, with the Philippines projected to grow…

Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership

The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.

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.

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.

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.

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…

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.

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.