News

E-commerce continues to drive Malaysia’s digital economy with $227B in revenue for first three quarters of 2025

Malaysia’s e-commerce revenue for the first nine months of 2025 reached MYR 937.5 billion ($226.67 billion U.S. dollars), an increase of 1.9 percent compared to the same period in 2024.

MUFG extends $36M working capital facility to Carsome Capital

MUFG Bank (Malaysia) Berhad, a subsidiary of global financial institution, Mitsubishi UFJ Financial Group, Inc. (MUFG), has extended a new revolving working capital facility totaling MYR 150 million ($36.27 million) to CARSOME Capital Sdn Bhd (Carsome Capital), the financing arm of Carsome Group, a Southeast Asia’s integrated automotive e-commerce…

HSBC Malaysia grants its first social loan to CapBay to support the growth of SMEs in Malaysia

HSBC Malaysia has recently provided its first social loan facility to Bay Harbour Ventures Sdn Bhd (BHV), a special purpose vehicle by peer-to-peer (P2P) lender CapBay.

SC announces first cohort of regulatory Sandbox participants

The Securities Commission Malaysia (SC) has announced the selection of six participants for the inaugural cohort of its Regulatory Sandbox.

DSSI rolls out largest-owned EV fleet in the Philippines

DHL Summit Solutions, Inc. (DSSI), the joint venture between DHL Supply Chain APAC and JG Summit Holdings, Inc., marked a major milestone in its sustainability journey on Wednesday with the inauguration of its Electric Vehicle (EV) fleet.

Apis Partners’ Funds lead $60M Series C in Thai D2C insurance firm Roojai

Apis Partners Group (UK) Limited, a global private equity firm focused on investments at the intersection of financial services and technology, and Asia Partners, an investor in high-growth companies across Asia, have announced a joint investment in the $60 million Series C fundraise by Roojai, Thailand’s direct-to-consumer (D2C) digital insurer.

ComfortDelGro, Hello collaborate on Robotaxi deployment in China and overseas markets

ComfortDelGro Corporation Limited announced Tuesday that its subsidiary, ComfortDelGro (China) Pte. Ltd., has signed a memorandum of understanding (MOU) with Hello Robotaxi to collaborate on large-scale commercial Robotaxi deployment in China and overseas markets.

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SoftBank completes acquisition of Ampere Computing Holdings

Japan-based SoftBank Group Corp. announced Wednesday that it has completed the acquisition of all equity interests in Ampere Computing Holdings LLC, a U.S.-based semiconductor design company, through its subsidiary Silver Bands 6 (US) Corp.

SUSI Partners realizes investment in Singapore-based Alba Renewables

SUSI Partners, through the SUSI Asia Energy Transition Fund (SAETF), has successfully realized its investment in Singapore-based renewable energy developer Alba Renewables (Alba), following Alba’s acquisition by leading global investment firm Brookfield.

Global Top Startup Teams Shine as XIN Summit Ignites the Night with the Next Star Awards

On the eve of the XIN Summit (powered by BEYOND), two major pre-summit programs — XIN Summit Media Day and the Entrepreneurs Next Star & Million Prize Global Challenge 2025 Awards Ceremony — set the stage for a landmark gathering of global deep-tech innovators.