News

Malaysia’s MOVE Digital sees revenue surge 72 pct in 2023

Malaysia-based MOVE Digital, digital arm of Capital-A which is formerly known as airasia Superapp, has achieved annual revenue of MYR 689 million ($145 million), marking a 72 percent year on year increase.

South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups

South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.

VinBrain and Global Fund continue joining forces to tackle Vietnam’s tuberculosis challenge through AI in 2024

VinBrain, an artificial intelligence (AI) HealthTech company within Vingroup conglomerate, has officially signed a commercial agreement with Global Fund to transfer Artificial Intelligence (AI) technology for Tuberculosis (TB) screening and detection as part of Vietnam's National Tuberculosis Prevention Campaign.

AirAsia MOVE partners HTS to integrate Fintech ancillaries

Hopper Technology Solutions (HTS) and AirAsia MOVE (formerly airasia Superapp) have announced partnership to integrate fintech ancillaries from HTS into AirAsia MOVE’s digital channels.

Singapore’s Silence Laboratories raises $4.1M in funding led by Pi Ventures and others

Singapore-based privacy tech company Silence Laboratories has on Thursday announced a $4.1 million pre-series A round. The funding round is led by Pi Ventures and Kira Studio, along with several prominent angel investors.

Singapore’s Nium secures payment license in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

Thai bank SCBX acquires Home Credit Vietnam for $864M

Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion ($864 million).

JC3 works on specific action plans to support economy transition in Malaysia

The Joint Committee on Climate Change (JC3), the platform established in 2019 to pursue collaborative actions for building climate resilience within the Malaysian financial sector, will continue to work with the government, the financial industry and its partners on specific action plans to support a just and orderly transition of the economy.

China’s GDS inks renewable energy agreement with Malaysia’s Cenergi

GDS, a China-based developer and operator of high-performance data centers, has reinforced its commitment to sustainability by establishing a 21-year renewable energy virtual power purchase agreement (VPPA) with Malaysia’s solar power producer and diversified renewable energy developer, Cenergi SEA Berhad (Cenergi).

Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East

Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market. This event signifies not only VinFast's initial operation in the Middle East region but also a significant step in the VinFast’s global expansion.