News

Taiwan’s Pegatron partners Telkomsel to accelerate smart manufacturing transformation in Indonesia

Pegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia.

Asia and the Pacific needs grid upgrade to drive energy transition, says ADB report

Inadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report.

VinFast partners LKQ Netherlands for aftersales and maintenance network

VinFast, the Vietnamese electric vehicle (EV) manufacturer, and LKQ Netherlands, an European vehicle parts and services firm, have announced a strategic collaboration to provide a comprehensive and high-quality aftersales and maintenance network across the Netherlands.

Temasek-backed Seviora appoints Gabriel Lim as new CEO

Seviora Holdings, a wholly-owned subsidiary of Temasek Holdings, has announced that Gabriel Lim will join the group on 1 May 2025 as Chief Executive Officer-Designate and will be appointed to the board of Seviora Holdings.

TNGlobal Tracker: Startup Funding Snapshot for March 2025

The Southeast Asia (SEA) Monthly Funding Tracker for March 2025 reflects a slight upward move in funding during the month. Total funding amounted to $99.5 million across 22 rounds, marking a rise of 10.31 percent compared with February 2025 and an 82.1 percent decline from March 2024.

Malaysia’s Capital A on track to complete restructuring plan by June amid strong operational momentum

Malaysia-based Capital A Berhad has reaffirmed its confidence in completing its proposed regularization and restructuring plan by June 2025, citing continued progress across key regulatory, financial, and operational milestones.

Maybank positive on Grab after management lifts its guidance

Maybank Investment Bank said Thursday that it was positively surprised by the lift in Grab's guidance as tariff uncertainty has raised the risk of macro and forex volatility.

MIMOS and MY E.G. Services team up to launch Malaysia Blockchain Infrastructure

MIMOS Berhad, a strategic agency for technology under the Malaysian government, and MY E.G. Services Berhad, a Malaysia-based digital services company, have announced the operationalization of the Malaysia Blockchain Infrastructure (MBI), a neutral and trusted platform for digital services and innovation across sectors, to boost Malaysia's digital economy…

Malaysia’s Capital A eyes dual listing in Hong Kong to accelerate growth, unlock new capital pools

Malaysia-based Capital A Berhad has on Friday announced that it is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX), as part of its strategic effort to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.

Bukalapak’s first quarter revenue up 37 percent q-o-q on growth in gaming and retail segments

PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.