News

Maybank sees Thailand as next ASEAN data center frontier

While Malaysia and Singapore are at the forefront of data center investments in ASEAN, Thailand is emerging as the next frontier as numerous hyper scalers and large content companies announced to build regional cloud presence in Thailand, Maybank Investment Bank said Wednesday.

CapBay Thailand partners OSMEP to expand alternative financing for Thai SMEs

Fintech platform Bay Commerce (Thailand) (CapBay Thailand) has signed a memorandum of understanding (MOU) with the Office of Small and Medium Enterprises Promotion (OSMEP) to enhance access to alternative financing solutions for small and medium-sized enterprises (SMEs) in Thailand.

Sea’s revenue rises 36.9 percent year on year to $5B in fourth quarter on strong e-commerce

Sea Limited, the tech conglomerate headquartered in Singapore, announced Wednesday that its revenue for the fourth quarter ended December 31, 2024, jumped 36.9 percent year on year to $5 billion on strong e-commerce growth.

Funding Societies, Boss Boleh join forces to provide digital financing solutions to startups and young SMEs in Malaysia

Funding Societies | Modalku (Funding Societies), the Singapore-based digital finance platform, has on Wednesday announced a partnership with Boss Boleh, the Malaysia-based online company secretary provider, to provide digital financing solutions to startups and young small and medium-sized enterprises (SMEs) in Malaysia.

East Ventures, Temasek Foundation return with third edition of Climate Impact Innovations Challenge 2025

East Ventures, a Singapore-based venture capital firm, and Temasek Foundation, a Singapore-based philanthropic organization that supports sustainable development initiatives in Asia, have announced the third edition of the Climate Impact Innovations Challenge (CIIC) 2025, Indonesia's largest climate tech innovations competition.

Atome partners Ant’s OceanBase to enhance data infrastructure

Singapore-based fintech firm Atome has partnered with Ant Group's multi-cloud distributed database systems provider OceanBase to enhance its backend infrastructure to drive higher performance, scalability, and security.

Vingroup inks MOU with JTA Investment Qatar for potential equity investment of $1B in VinFast

Vietnamese conglomerate Vingroup has inked a memorandum of understanding (MOU) with global investment firm JTA Investment Qatar for potential equity investment of $1 billion in VinFast, the electric vehicle (EV) firm founded by Vingroup.

Endowus reinforces senior investment leadership with key appointments and major hires in Asia

Endowus, the Singapore-based independent wealth management platform, has announced key appointments in Hong Kong and organizational updates in its group investment office functions as the company scales its growth in Hong Kong and strengthens the capabilities of its Investment Office (IO).

StarHub partners F5 to boost cloud capabilities in Singapore and across the APAC region

Singaporean multinational telecommunications conglomerate StarHub and American technology company F5 have signed a memorandum of understanding (MoU) to enhance multi cloud security, networking, and digital experiences for enterprises in Singapore and across the Asia-Pacific region.

Wavemaker Impact launches Zentide with $525,000 investment to drive sustainable agricultural innovation

Wavemaker Impact, a Southeast Asia’s climate-tech venture builder, has launched Zentide, a startup transforming tropical seaweed into sustainable bio stimulants and bio fertilizers.