News

BitGo partners OneInfinity by OneDegree for digital asset custody risk management in Japan

BitGo, the global digital asset provider, has joined forces with OneInfinity by OneDegree, a Hong Kong-based digital asset insurance and security solution provider, for digital asset custody risk management in Japan.

Maybank : EV transition is reshaping Malaysia’s automotive industry

Maybank Investment Bank said Tuesday that Malaysia's automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas like showrooms and service centers, alongside growing interest in EV assembly.

AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business

The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.

Singapore’s Crypto.com receives MiCA license in Malta

Crypto.com has on Monday announced that its Malta entity has received a markets in crypto assets (MiCA) license from the Malta Financial Services Authority (MFSA).

ADB, Ayala sign $100M financing deal to support electric mobility in the Philippines

The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.

Elev8.vc closes $30M deep tech fund to propel innovation in Singapore’s technology ecosystem

Elev8.vc’s new fund is expected to back 20 to 30 high-potential deep tech startups, providing them with both capital and strategic resources to accelerate their growth.

Securities Commission Malaysia launches alternative financing scheme for MSMEs

The Securities Commission Malaysia (SC) has on Monday announced SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the Government e-procurement system.

Momentum Works: TikTok Shop U.S. GMV surpasses $9B in 2024

TikTok Shop’s global gross merchandise value (GMV) surged to $33.2 billion in 2024, more than doubling year-over-year, Momentum Works said Monday.

EVM, Solarvest and PECC2 forge strategic partnership to accelerate renewable energy adoption in Vietnam

Vietnam-based Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (Solarvest) and Power Engineering Consulting Joint Stock Company 2 (PECC2) have forged strategic partnership to accelerate renewable energy adoption in Vietnam through the new direct power purchase agreement mechanism (DPPA) via national grid.

Indosat Ooredoo Hutchison & India’s AIonOS Unite to Power Indonesia’s AI Growth Journey

This collaboration aims to leverage AI for advancing Indonesia’s food security, talent development, and tourism.