News

Bangkok Hospital invests $5.45M in state-of-the-art robot-assisted surgery to elevate patient care through surgical innovation

Bangkok Hospital, a healthcare provider in Thailand, has invested over 200 million baht ($5.45 million) to establish a cutting-edge robotic surgery center.

Indonesia’s Xurya raises $55M in funding led by Norwegian Climate Investment Fund

Xurya, a renewable energy company offering rooftop solar rental without initial cost in Indonesia, has announced receiving an additional $55 million investment. The deal was led by the Norwegian Climate Investment Fund managed by Norfund, with participation from Swedfund, Clime Capital as the manager of SEACEF II, British International Investment (BII), and…

Ride-share app inDrive projects its ride-hailing drivers in Malaysia to double by year-end – report

Founded in 2013 and incorporated in the US in 2018, inDrive is available in over 749 cities across 46 countries today, information from its website showed.

India, Malaysia & 3 other Asean countries plan instant retail cross-border payments

The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.

Jirnexu to acquire CompareHero to strengthen position as Malaysia’s fintech leader

Jirnexu Sdn Bhd, the parent company of RinggitPlus, announced last Friday a strategic transaction to acquire CompareHero, the Malaysian arm of MoneyHero Limited.

Global climate technology firm Aether Fuels raises $34M Series A funding

Global advanced climate technology company Aether Fuels has announced that it has secured $34 million in Series A financing from a syndicate of global investors. AP Ventures led the round, which also includes Chevron Technology Ventures, CDP Venture Capital and Zeon Ventures.

Indonesia president orders audit of data centers after cyberattack – report

In response to the cyberattack, Indonesia's state auditor said the president instructed it to examine the country's data centers.

IFC partners IFRS Foundation to improve sustainability reporting in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a memorandum of understanding agreeing on their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies (EMDEs).

Igloo shares strategies for insurers to attract Gen Z and boost insurance penetration

Singapore-based regional insurtech Igloo has shared strategies for insurers to attract Gen Z and boost insurance penetration.

KPMG: AI transforming financial reporting globally with near universal adoption expected in the next three years

Artificial intelligence (AI) is already being widely adopted in companies' financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG.