Yimie Yong
Indonesia blocks e-commerce app Temu over regulatory violations – report
Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.
Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles
This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of global economic growth.
UAE’s DAMAC announces $1B investment in data center projects, forms strategic JV with Thai-based PROEN
The Asia-Pacific data center market is also projected to experience significant growth. The market size is estimated at 14.27 thousand MW in 2024 and is expected to reach 23.2 thousand MW by 2029, growing at a CAGR of 10.21 percent.
Malaysia EV market slows amid consumer worries over charging docks & high maintenance costs
The Malaysian car market, which is traditionally dominated by petrol vehicles, is now witnessing a gradual shift in interest towards EVs – with 25 percent of Malaysians being interested in buying an EV, driven by rising fuel costs and environmental considerations.
Singapore finance platform Aspire receives in-principle approval for major payment institution licence from MAS
The MPI license will enable Aspire to expand this suite of services, offering even more comprehensive and secure financial solutions to its rapidly growing customer base of over 50,000+ companies worldwide.
[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes
In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.
J&T Express launches first self-built smart supply chain industrial park in China
Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11” shopping festival.
Singapore’s ticketing platform GlobalTix closes Series B Funding of $4.97M led By Tin Men Capital
With 10 offices across Asia, including China, India, Indonesia, Japan, Korea, Malaysia, Philippines, Thailand, and Vietnam, GlobalTix has a strong presence in key markets.
MVP Group’s Ideaspace Ventures adds five startups to portfolio with immediate investments
For the first time since its launch, Ideaspace Ventures has made immediate investments in the startups selected, signifying its commitment to their growth and automatically including them in its portfolio.
Singtel launches AI cloud service for enterprises
Singtel announced on Thursday the launch of RE:AI, its new Artificial Intelligence Cloud Service (AI Cloud) offering, aimed at democratizing AI to make it widely available to organizations. This gives enterprises and public sector customers affordable access to AI technologies that can seamlessly transform their operations without needing to invest or…
