News

Payment platform ShopBack, restaurant tech platform Eats365 partner up to power F&B growth in Hong Kong

ShopBack, a shopping-rewards-payment platform in the Asia-Pacific, has announced a strategic partnership with Eats365, a restaurant tech platform, to integrate rewards, payments, and consumer engagement capabilities into offline food and beverage (F&B) operations in Hong Kong.

Singapore-based cloud service OrtCloud raises $1.7M pre-seed funding to advance AI-focused cloud infrastructure

OrtCloud, a Singapore-based cloud infrastructure company, has raised $1.7 million in a pre-seed funding round led by Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures, with participation from early-stage investor Antler.

Ride-hailing service GSM launches electric mobility platform in Indonesia, Philippines

Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.

Sidec launches Token-X to accelerate Malaysia’s digital asset and Web3 ecosystem

The Selangor Information Technology and Digital Economy Corporation (Sidec) has introduced Token-X, an accelerator program aimed at advancing Malaysia’s position in digital assets, blockchain innovation, and the emerging Web3 economy.

Creador Founder and CEO Brahmal Vasudevan

Malaysia PE firm Creador targets $1B for new PE fund, launching in Q1 next year

"We are targeting to launch the new fund in the first quarter next year," Creador Founder and Chief Executive Officer Brahmal Vasudevan told TNGlobal.

Vietnam’s EV maker VinFast aims to up localization rate from 60% to 80%

VinFast, the electric vehicle (EV) manufacturer of Vietnam's conglomerate Vingroup, aims to raise its localization rate from 60 percent to 80 percent in 2026.

Singapore’s AI momentum puts it on track for hub status – PwC

Singapore businesses are embracing artificial intelligence (AI) with greater confidence than their global counterparts, according to PwC’s Global AI performance study revealed on Monday.

China’s printed circuit board manufacturer Victory Giant Technology posts $470M revenue in Vietnam in 2025

Victory Giant Technology, a Chinese manufacturer of printed circuit board (PCB), posted a revenue of RMB3.23 billion ($473 million) in Vietnam in 2025, according to the firm's "Global Offering" filing with the Hong Kong Stock Exchange (HKEX) on April 10.

South Korea pilots AI smart city projects in Southeast Asia

South Korea will launch pilot projects testing artificial intelligence (AI)-based smart city technologies across five Southeast Asian countries, as part of efforts to address urban challenges while supporting the overseas expansion of domestic firms, Korean media reported on Monday.

Vertex appoints Temasek’s CEO Dilhan Pillay Sandrasegara as Chairman

Singapore-based venture capital firm Vertex Holdings has announced the appointment of Dilhan Pillay Sandrasegara, Executive Director and Chief Executive Officer of Temasek Holdings, as Chairman of the Board with effect from April 15.