Yimie Yong

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.

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.

Intudo Ventures announced the closing of $125 million across two investment funds—Intudo Ventures IV, LP, a $75 million venture fund, as well as a $50 million fund that will invest in downstreaming natural resources and renewable energy.

Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple and affordable.

The report highlights specific areas where the Philippines can lead, including AI integration and talent pipeline development, positioning the country to stay competitive within the evolving ASEAN landscape.

The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.

Caction’s digital tools simplify this process, allowing companies to digitally log tasks such as permit-to-work applications, equipment inspections, and installations in real time.

Moomoo’s entry to Malaysia also came after it had become one of the top investment apps in neighbouring Singapore. One in three Singaporeans now use Moomoo to invest, information from its website showed.

The event also saw the launch of TeXnovasi, a collaborative effort between GXBank and Grab Malaysia, and supported by Cradle Fund Sdn Bhd (Cradle), MYStartup and 1337 Ventures which aims to build an inclusive and sustainable tech-based entrepreneurship ecosystem in Malaysia.

This year, the Sunway iLabs–JETRO Green Transformation Accelerator (GXA) Program focuses on sustainability. The program provides startups an engaging platform to be immersed in the Malaysian business ecosystem, collaborating with Sunway Group and its business partners.