News

Indonesia e-commerce firm Bukalapak to stop selling physical goods – report

Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report

Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.

[CES 2025] Sony-Honda Afeela EV launches at CES 2025

SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.

Malaysia announces tax incentives for Johor-Singapore Special Economic Zone

Malaysia has on Wednesday announced tax incentives for Johor-Singapore Special Economic Zone (JS-SEZ) to drive high value investment into Johor.

BMI sees strategic consolidation driving Johor to lead Malaysia’s digital infrastructure Growth

BMI Country Risk and Industry Research said Tuesday that strategic consolidation is driving Johor to lead Malaysia’s digital infrastructure growth.

Stableton partners with Alta to expand access to global high-growth pre-IPO investments

Stableton, a Switzerland-based venture capital growth equity fintech platform, has on Tuesday announced a strategic partnership with Singapore-based digital securities exchange for alternative assets Alta, to expand access to global high-growth pre-initial public offering (IPO) investments.

Moomoo Malaysia partners GXBank for integration to simplify investing for Malaysians

Moomoo Malaysia, an investment and trading platform, is partnering with Grab-backed digital bank GXBank for integration to simplify investing for Malaysians.

AWS launches infrastructure region in Thailand

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, has on Wednesday announced the launch of the AWS Asia Pacific (Thailand) Region.

Indonesia’s HiFeed secures pre-seed funding from Wavemaker Impact

HiFeed, an Indonesian cattle farming solution start-up, has on Wednesday announced the successful closure of its pre-seed funding round, led by climate-tech venture builder Wavemaker Impact (WMi).

Malaysia’s AirAsia MOVE partners with Antom for payment solutions

AirAsia MOVE, a Malaysia-based travel booking app and the online travel agency (OTA) platform business of Capital A, has signed a partnership agreement with Ant International’s Antom for payment solutions.