Author: Yimie Yong

EV battery maker CATL poised to pick banks for $5B Hong Kong share sale – report

CATL, based in southeast China’s Fujian province and a major supplier to Tesla Inc, trades on the Shenzhen Stock Exchange.

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations

The operating entity, which is now formally known as KAF Digital Bank, seeks to deliver a robust and resilient banking infrastructure that underpins the trust and expectations from Malaysians.

Largest Philippine fintech company GCash said to pick banks for IPO – report

GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.

Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators

PepsiCo’s Greenhouse Accelerator Program aims to collaborate with startups working to advance breakthrough innovations across the circular economy, climate action and sustainable agriculture.

Malaysia’s 1337 Ventures: outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising

"The outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising. We’re witnessing stronger collaborations between startups, corporates, and accelerators, paving the way for greater innovation and growth. With rising attention on key sectors like fintech, healthtech, and AI, Malaysia is poised to elevate its global competitiveness and establish…

Indonesia e-commerce firm Bukalapak to stop selling physical goods – report

Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report

Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.

[CES 2025] Sony-Honda Afeela EV launches at CES 2025

SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.

Indonesia’s Traveloka sees a growing awareness of the importance of sustainable travel

2025 is shaping up to be an important year for the travel industry. Advancements in technology, particularly AI, are redefining how travelers plan and experience their journeys, offering both opportunities and challenges for the sector.

East Ventures market outlook 2025: Thriving in the new transitions and realizing a “believable Southeast Asia”

Firmly, East Ventures stands beyond the baseline, with revenue from the growth-stage portfolio companies rising 40 percent year-on-year (YoY), surpassing that of SEA by nearly triple. This not only underlines the firm’s approach to investment resilience but also positions East Ventures ahead of regional benchmarks among other companies and venture capital…