News

Majuperak partners Shizen International to explore solar development in Malaysia

Malaysian Perak state government-linked company (GLC) Majuperak Holdings Berhad has inked a memorandum of understanding (MoU) with Japanese renewable energy firm Shizen International Inc. for solar development initiative.

MRANTI inks MOU with Beijing Zhongguancun Science City Innovation Development to explore strategic initiatives for technology advancement

The Malaysian Research Accelerator For Technology And Innovation (MRANTI) has inked a memorandum of understanding (MoU) with the Beijing Zhongguancun Science City Innovation Development Co. Ltd for several strategic initiatives aimed at fostering significant advancements in technology and innovation.

Thailand’s fintech firm T2P partners with Wise Platform to offer international money transfers

T2P Co., Ltd., a payment solution firm in Thailand, has on Thursday announced its strategic partnership with Wise Platform, Wise’s infrastructure solution for banks, fintechs and enterprises.

Australia’s Airwallex expands payment acceptance to the US

Airwallex, an Australia-based global payments and financial platform, has on Thursday announced the United States launch of its payment acceptance solution.

SGInnovate: Singapore’s early-stage emerging tech startups total funding up 59 percent on year to $402M in 2023

Singapore’s early-stage emerging tech startups saw an uptick in funding in 2023, with total funding climbing to $402 million in 2023, up 59 percent from $253 million in 2022, SGInnovate said Tuesday.

Chinese EV manufacturer Chery to invest in Thailand – report

Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.

GXBank on track to establish regional center of excellence for shared services in Malaysia

Grab-backed digital bank GXBank is on track to establish a regional center of excellence (COE) for shared services in Malaysia. Establishing the COE is part of GXBank’s MYR 1.5 billion (314 million U.S. dollars) investment into Malaysia over the next five years.

Indian tech startup Plane raises $4M seed funding from OSS Capital

Plane, an India-based open-source project management platform, has on Wednesday announced it has secured $4 million in a Seed round funding from OSS Capital. This investment will fuel the company’s community growth and compete in the coveted enterprise segment.

Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam

Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.

FPT, NVIDIA team up for $200M AI factory in Vietnam

Vietnam-based information technology (IT) firm FPT will invest $ 200 million in building an artificial intelligence (AI) factory that will serve as a sovereign cloud in Vietnam via a partnership with United States-based technology firm NVIDIA.