News

Catcha Digital acquires 60 percent stake in Framemotion Studio for $8.4M

Malaysia-based digital media firm Catcha Digital Berhad has proposed to acquire 60 percent stake in digital media advertising solutions provider Framemotion Studio Sdn Bhd for MYR 37.32 million ($8.4 million).

US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solar

Terabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round.

CIMB: Malaysia remains an attractive proposition for global data center hyperscalers

CIMB Securities said in a note on Wednesday that despite concerns over a shift in the US government’s artificial intelligence (AI) chip policies and the emergence of DeepSeek, Malaysia remains an attractive proposition for global data center hyper scalers.

Backbase partners Synpulse to accelerate banking transformation across APAC

Global fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific.

Singapore and Vietnam enhance cooperation in financial innovation

The Monetary Authority of Singapore (MAS) and the State Bank of Vietnam (SBV) have agreed on Wednesday to enhance their existing memorandum of understanding (MOU) to further cooperate on financial innovation.

VentureTECH invests in Malaysian SaaS firm POMEN to accelerate its growth

VentureTECH Sdn Bhd (VentureTECH), a Malaysia-based impact investment company, has announced a strategic investment in POMEN Autodata Sdn Bhd (POMEN), a Malaysia's Bumiputera company specializing in comprehensive software-as-a-service (SaaS) solutions firm.

Singapore and Vietnam enhance collaboration in digital asset regulatory framework

The Monetary Authority of Singapore (MAS) and the State Securities Commission of Vietnam (SSC) have agreed on Wednesday to collaborate in capital markets regulation and digital asset regulatory framework.

Indonesia’s Elevarm raises $4.25M in Pre-Series A funding led by Intudo

Elevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global.

Singapore Airlines, Salesforce collaborate on AI-powered customer servicing applications

US cloud-based software company Salesforce and Singapore Airlines (SIA) have on Wednesday announced that the airline is incorporating Agentforce, Einstein in Service Cloud, and Data Cloud into its customer case management system, enabling it to deliver more consistent and personalized service to its customers.

Malaysia’s Okapi secures up to $2M in debt financing from Aquila to drive solar energy adoption in Southeast Asia

Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, has announced the successful closing of an up to $2 million debt facility arranged by Aquila.