News
MSIA: 44 percent of Malaysia’s E&E companies optimistic about business performance in first quarter
44 percent of Malaysian electrical and electronics (E&E) companies are optimistic about their business performance in the first quarter of 2025, which shows continued positive sentiment, a survey from the Malaysia Semiconductor Industry Association (MSIA) showed Tuesday.
Funding Societies partners foodpanda to offer financing for Bumiputera merchants in Malaysia
Funding Societies, Southeast Asia’s small and medium enterprise (SME) digital finance platform, has extended its partnership with global delivery firm Delivery Hero's subsidiary foodpanda to offer exclusive financing for Bumiputera merchants in Malaysia.
Singapore’s Keppel REIT divests Cyberjaya data center in Malaysia for $12.24M
Singapore-based Keppel DC REIT has divested a data center in Cyberjaya, Malaysia for MYR 55.1 million ($12.24 million).
[CES 2025]Toyota, Aurora & Continental join growing list of NVIDIA partners rolling out next-generation highly automated & autonomous vehicle fleets
“The autonomous vehicle revolution has arrived, and automotive will be one of the largest AI and robotics industries,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA is bringing two decades of automotive computing, safety expertise and its CUDA AV platform to transform the multitrillion dollar auto industry.”
Malaysia’s U Mobile, Felda team up for digital transformation
U Mobile, a Malaysia-based 5G network provider, has signed an agreement with government agency Federal Land Development Authority (FELDA), that will enable the telco to play a critical role in supporting the group on its digital transformation drive.
EAAIF invests $20M in Vietnam’s CME Solar
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has announced a $20 million investment in CME Solar to support the company to develop a pipeline of rooftop solar projects for companies in Vietnam.
Indonesia’s Bobobox launches five new properties
Indonesian capsule hotel and cabin operator Bobobox said Monday that it has launched five new properties in Indonesia.
Digido: Philippines’ digital lending market to potentially exceed $1B in 2025
The digital lending market in the Philippines — consisting of duly-registered non-bank digital lenders and digital banks — could exceed $1 billion in the second half of 2025, with likelihood of growth at an accelerated pace due to the high demand for online technologies from consumers, a study revealed on Tuesday.
TNGlobal Tracker: Startup Funding Snapshot for December 2024
The Southeast Asia (SEA) Monthly Funding Tracker for December 2024 highlights some recovery in funding activity. Total funding amounted to $211 million across 16 rounds, marking a surge of 143.37 percent compared to November 2024 and a 44.33 percent decline from December 2023.
Patrick Walujo commits to staying as Indonesia’s GoTo CEO until 2029
As CEO, Patrick will focus on driving GoTo towards long term profitable growth and GoTo’s Board of Commissioners has approved a performance-based retention package as part of his employment arrangement.
