Yimie Yong
GIC-backed payment firm Nium pushes back IPO plans – report
Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing revenue, Bloomberg reported.
Malaysia’s MYEG partners GACC-owned East Logistics to set up National Single Window Trade Platform for ASEAN countries
MYEG announced on Friday an exclusive collaboration with East Logistics Link Co., Ltd., a wholly-owned agency of the General Administration of Customs of the People’s Republic of China (GACC), to develop and operate a National Single Window (NSW) platform for ASEAN countries, including Malaysia.
Gojek to exit Vietnam market – report
Gojek said the decision, made by its parent company GoTo after assessing its market presence in Vietnam, aims to strengthen business operations and aligns with the company's long-term growth strategy.
FLOW and ALLHC celebrate topping off for A-FLOW ML1 Data Center in Philippines
With the completion of the first building’s structural framework, the Data Center is slated to begin operations in the fourth quarter of 2024 (Q4 2024) with an initial 6MW capacity ready for service.
Malaysia Digital Minister says National AI Office to start operations in November
Gobind said one of the National AI Office’s main areas of focus will be to create an ecosystem to make Malaysia a regional AI hub.
Indosat Ooredoo Hutchison partners Zurich Asuransi Indonesia to provide insurance offerings
The collaboration will utilize Indosat’s ecosystem of over 100 million users to offer protection solutions to various segments of society. Zurich will provide products through Indosat’s app, including reimbursement of postpaid bills and travel insurance for flight cancellations, lost luggage, and emergency medical needs.
Malaysia’s roadside assistance provider Bateriku.com closes $7.4M Series B round
Bateriku.com said this capital infusion is set to propel the company’s growth across Malaysia and throughout Southeast Asia, with Indonesia and Singapore as the first international markets targeted for expansion and replication of its innovative business model.
TikTok’s parent ByteDance eyes $9.5B in record Asia dollar corporate loan – report
According to Bloomberg, proceeds of the deal will be partly used to refinance an existing $5 billion dual-tranche facility the group had raised in 2021.
Vietnam’s VinFast strives for first-mover advantage at Middle East’s nascent EV market
VinFast is striving for a first-mover advantage in the Middle East's nascent EV market, aiming to establish early brand recognition and customer loyalty, paving the way for long-term success in the region.
Shenzhen-based PAM2L Biotechnologies plans new round of funding to expand capabilities
PAM2L Biotechnologies is one of the finalists of Fund At First Pitch at BEYOND Expo 2024.
