News

HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda Mobility (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.

J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.

Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.

Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital fund.

Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.

Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.

SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.

Malaysia has on Wednesday announced tax incentives for Johor-Singapore Special Economic Zone (JS-SEZ) to drive high value investment into Johor.

BMI Country Risk and Industry Research said Tuesday that strategic consolidation is driving Johor to lead Malaysia’s digital infrastructure growth.

Stableton, a Switzerland-based venture capital growth equity fintech platform, has on Tuesday announced a strategic partnership with Singapore-based digital securities exchange for alternative assets Alta, to expand access to global high-growth pre-initial public offering (IPO) investments.