Author: Yimie Yong

Razer Fintech acquires Indonesian digital payment firm E2Pay

Razer Fintech’s acquisition of E2Pay expands the organization’s digital payment solutions into Indonesia, one of the region’s fastest-growing digital economies in the world.

Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report

SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic opportunities in SEA, but we need to step up as a region to strengthen the investable market and increase green capital flows,” said Dale Hardcastle, Partner and Director of the Global…

Gobi Partners publishes inaugural Sustainability Report

"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and promoting environmental stewardship, social progress, and good governance through our work highlighted in this report and our sustainability initiatives in the future," Gobi said.

Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report

MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.

Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center

The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.

Feeling ‘super bad’ about economy, Elon Musk wants to cut 10% of Tesla jobs, pauses hiring – report

The message also came two days after the world's richest man told employees to return to the workplace or leave the company.

Indonesia’s Traveloka nears $200M funding after SPAC talks – report

Traveloka had been valued at $3 billion, according to CB Insights, but Bloomberg reported in 2020 that it was seeking funds at a lower valuation.

Applications are now open for TiE SEA Women’s Pitch Competition 2022

Shortlisted candidates will be judged by a panel of regional VC’s, entrepreneurs, ecosystem leaders and tech corporate executives, and will also get networking opportunities with regional and international VC’s. The top winner of the Southeast Asia start-up founders will be flown to Dubai by TiE for the global finale.

Malaysia’s home services platform Kaodim to cease operations next month

The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its business and the quality of service.

Thai startup ZTRUS aims to double revenue as it expands in home country & regionally

ZTRUS hopes to scale in Thailand within two years and shall explore some clients in Southeast Asia.