News

WeRide, a China-based autonomous driving technology firm, and Uber Technologies, have on Wednesday announced the launch of Level 4 fully driverless Robotaxi commercial operations in Abu Dhabi.

Alibaba Cloud, the digital technology and intelligence firm of Alibaba Group, announced Monday its support for the release of Qwen-SEA-LION-v4, the latest version of a large language model developed by AI Singapore (AISG), to address the linguistic, cultural, and commercial needs of Southeast Asia.

FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.

Talino Venture Studios, Chemonics International, Kadan Capital, Tenco Capital, and 1982 Ventures have closed Higala’s seed funding round to $4 million, amplifying its abilities to digitally transform rural banks and other microfinance institutions in underserved communities.

Gobi Partners, one of Asia’s most active venture capital firms, has entered Japan through JR East’s TAKANAWA GATEWAY Link Scholars’ Hub (LiSH) as a Global Network Partner, marking a decisive step in connecting Japan’s innovation frontier with Southeast Asia’s growth markets.

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 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 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.

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

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.