News
GXS Bank partners Thoughtworks to accelerate its digital bank launch in SEA
GXS Bank, a joint venture between Grab Holdings and Singtel, has partnered with US-based technology consultancy firm Thoughtworks to accelerate its digital bank launch in Southeast Asia (SEA).
J&T Express achieves profit in 2024 after recording 15.9 percent growth in revenue
J&T Global Express Limited, a global logistics service provider, has achieved full-year profit for the first time in 2024 after recording 15.9 percent in revenue growth.
Vietnam-based EnergyTech startup SmartSolar raises $1.85M in seed funding led by Picus Capital, 2degrees
SmartSolar, an EnergyTech startup based in Vietnam, has raised $1.85 million seed funding from Picus Capital, 2degrees and Iterative.
1337 Ventures invests in Malaysian renewable energy firm Arus Oil
Malaysian venture capital firm 1337 Ventures has invested in Arus Oil, a Malaysian startup transforming waste into renewable energy.
MIDA inks deal with Softbank’s ARM to boost Malaysia’s semiconductor industry
The Malaysian Investment Development Authority (MIDA) and ARM Limited announced Wednesday a national partnership to boost Malaysia's semiconductor industry.
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.
