News

Securities Commission Malaysia launches alternative financing scheme for MSMEs

The Securities Commission Malaysia (SC) has on Monday announced SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the Government e-procurement system.

Momentum Works: TikTok Shop U.S. GMV surpasses $9B in 2024

TikTok Shop’s global gross merchandise value (GMV) surged to $33.2 billion in 2024, more than doubling year-over-year, Momentum Works said Monday.

EVM, Solarvest and PECC2 forge strategic partnership to accelerate renewable energy adoption in Vietnam

Vietnam-based Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (Solarvest) and Power Engineering Consulting Joint Stock Company 2 (PECC2) have forged strategic partnership to accelerate renewable energy adoption in Vietnam through the new direct power purchase agreement mechanism (DPPA) via national grid.

Indosat Ooredoo Hutchison & India’s AIonOS Unite to Power Indonesia’s AI Growth Journey

This collaboration aims to leverage AI for advancing Indonesia’s food security, talent development, and tourism.

MYEG partners with MyDigital ID Solutions to set up Malaysia’s blockchain-powered digital identity ecosystem

The MyDigital ID Superapp will provide a seamless, secure, and scalable solution for integrating digital identity management for commercial service providers.

Nestlé Philippines inks partnership with Mober to integrate EV in mid & last-mile delivery

As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.

MIMOS partners Masverse to develop blockchain infrastructure for Malaysia

Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.

Creador Founder and CEO Brahmal Vasudevan

Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan

Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.

Temasek backs Databricks in $15B financing to boost AI globally

Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding.

Global data and AI firm Databricks expands presence in ASEAN by entering Indonesia

Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia.