News
Malaysia’s Cradle Fund opens registration for startup summit, targets growth opportunities, investment trends
Cradle Fund, the Malaysian government's focal point agency for startup ecosystem development under the Ministry of Science, Technology and Innovation (MOSTI), has opened registration for the Cradle LIVE! Summit 2026.
Vietnam’s tech giant VNG posts 86% profit jump in Q2/2026 to $18M as Zalo AI users hit 24M
Vietnam's tech giant VNG Group reported adjusted operating profit of VND467 billion ($17.8 million) for the second quarter of 2026, up 86 percent year-on-year, with post-tax profit of VND467billion compared with VND 15 billion a year earlier
50% of Southeast Asia CEOs prioritize innovation, but employees doubt execution: Omni HR
Half of CEOs in Southeast Asia say innovation is critical to their business strategy, yet 32.5 percent of employees say they do not feel confident in innovation, influence, and cross-functional collaboration, according to a report of AI-powered payroll platform Omni HR.
5 Central Asian startups pitch PETRONAS, Alibaba Cloud at Kuala Lumpur demo day
Big Sky Capital, in partnership with Malaysia's venture program GUIDE and supported by Kazakhstan's innovation agency Astana Hub, has concluded a two-month SEA Enterprise Technology Launchpad program for B2B enterprise and industrial technology startups from Central Asia.
China’s Tencent Cloud helps Pakistan’s tapmad streaming platform reach 7M concurrent viewers for football
Tencent Cloud, the cloud business under Chinese giant Tencent, has partnered with Pakistan's leading streaming platform tapmad to deliver live coverage of a major international football tournament to viewers across Pakistan, supporting more than 7 million concurrent viewers at peak with 99 percent uptime and ultra-low latency.
Malaysia’s stock exchange up IPO market capitalization target this year to $8B
Malaysia's stock exchange Bursa Malaysia has revised upwards one of its 2026 headline Key Performance Indicators (KPIs), increasing its initial public offering (IPO) market capitalization target to MYR 34 billion ($8.32 billion) from MYR 28 billion.
Southeast Asia PE investment falls 58% to $935M in Q2/2026 as exits hit 4-year high of $4.2B
Private equity (PE) investment in Southeast Asia fell sharply in the second quarter of 2026, with 10 deals worth $935.5 million, compared with 19 deals worth $9.2 billion in the previous quarter, according to the EY-Parthenon's Southeast Asia Private Equity Pulse for Q2/2026 report.
Singapore’s ADA acquires India’s Algonomy to expand AI retail decisioning across 34 markets
ADA, an AI company headquartered in both Singapore and Malaysia, has completed the acquisition of Algonomy, an AI retail decision-making company headquartered in Bengaluru, India, expanding the combined group's presence.
ASEAN+3 should combine AI, energy and payments to limit new dollar dependence
ASEAN+3 economies need to bring together artificial intelligence (AI), energy infrastructure and digital payment systems to navigate a potential new wave of dollar dependence as AI reshapes the global economy, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Thursday.
OCBC Bank commits $79M to support battery energy storage system project under MyBeST in Malaysia
OCBC Bank (Malaysia) Berhad said Thursday it has committed MYR 325 million ($79.48 million) in financing to support a utility-scale 100MW/400MWh Battery Energy Storage System (BESS) project under the Malaysian government’s Battery Energy Storage (MyBeST) Program.
