News

Cybersecurity unicorn Semperis bolsters identity-driven cybersecurity efforts in Singapore following major funding round

Semperis, a global cybersecurity firm, will bolster identity-driven cybersecurity efforts in Singapore following its major funding round.

Deloitte: Southeast Asian IPO market remains tepid in 2024 with capital raised falling to the lowest in nine years

Southeast Asian initial public offering (IPO) market remains tepid in 2024, but momentum builds towards a 2025 rebound, Deloitte said in a statement on Tuesday.

Solarvest partners Finhero to launch Vietnam’s first solar financing Fintech solution

Solarvest Holdings Berhad (Solarvest), a Malaysia-based clean energy firm, has partnered Malaysian fintech firm Finhero, to officially launch its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese businesses.

Crypto exchange OKX launches SGD deposits and withdrawals for Singapore customers

OKX, a global crypto exchange and onchain technology company, has on Monday announced it will provide instant, zero-fee SGD deposits and withdrawals to OKX customers in Singapore through PayNow and Fast and Secure Transfers (FAST) payment services.

Singapore’s Portcast secures $6.5M Series A funding led by Susquehanna Asia VC

Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has on Monday announced it has raised $6.5 million in a Series A funding round.

Ant International unveils global program for marine conservation

AquaViva will leverage Ant International’s digital capabilities to raise awareness, educate communities, and foster a global mindset toward marine sustainability. This includes leveraging data analytics and outreach platforms to support Conservation International’s research and deepen insights into conservation efforts.

Corporate Malaysia could contribute to doubling venture capital funding to $250 million by 2030, says report

Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday.

New Economist Impact study finds ASEAN enterprises leading in data intelligence

ASEAN enterprises are leading in data intelligence with 74 percent training their large language models (LLMs) with enterprise data, a study showed Monday.

Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.

Moody’s Ratings upgrades Grab’s CFR to B1; outlook remains positive

Moody's Ratings has upgraded the corporate family rating (CFR) of Grab Holdings Inc to B1 from B2 and maintained the positive outlook.