Yimie Yong

KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III

Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.

Thailand Post partners with insurtech firm bolttech to launch online motor insurance

Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.

Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia

Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.

US e-commerce giant Amazon invested over $1.49B in Singapore

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…

1337 Ventures Partners with GX Bank to lead TeXnovasi Accelerator

1337 Ventures, Malaysia-based venture capital firm, announced its role as the lead accelerator for TeXnovasi—an ambitious initiative by GXBank and Grab Malaysia, with support from Cradle and MYStartup.

Deloitte’s tech, media & telecoms 2025 predictions: Generative AI paves way for transformative future

By addressing challenges in infrastructure, gender equity, energy consumption, trust, and capabilities, the industry could be poised for a significant leap forward and is well positioned to determine the future of Al’s legacy.

GCash said to weigh record Philippine IPO of up to $1.5B – report

The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.

Indonesia’s AC Ventures & PwC Indonesia release Cybersecurity Playbook for private sector amid rising digital threats

Titled “Cybersecurity Playbook for Startups,” the comprehensive guide addresses the growing need for robust cyber defense mechanisms among new ventures and scale-ups alike, particularly as such threats continue to evolve and become more advanced with the rise of generative AI (GenAI), advanced cloud tech, quantum computing, and more.

Hong Kong to offer crypto tax break for hedge funds, family offices – report

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.

Accenture to set up ‘AI refinery engineering hub’ in Singapore

The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.