News
Malaysia’s central bank onboards three initiatives on Ringgit stablecoins and tokenized deposits
Malaysian central bank announced Wednesday that the Digital Asset Innovation Hub (DAIH) has onboarded three initiatives to test real-world applications involving ringgit stable coins and tokenized deposits in 2026.
TikTok’s Southeast Asia doubles GMV year-on-year to $45.6B in 2025
TikTok's Southeast Asia doubled gross merchandise value (GMV) year-on-year to $45.6 billion in 2025, driven by strong momentum in Malaysia, Indonesia and Thailand, which recorded the fastest growth rates among all markets.
Singapore’s Oneteam secures financing from GB Helios, completes second acquisition
Oneteam, a Singapore-headquartered small and medium-sized enterprise (SME) acquisition platform focused on succession solutions, announced Wednesday it has secured a dedicated merger and acquisition (M&A) financing facility from Polaris, the alternative financing arm of GB Helios, which formed part of the financing for its second acquisition completed…
VinFast partners Exposure SARL to promote green transportation in the Democratic Republic of Congo
Vietnam-based electric vehicles (EVs) maker VinFast and Congo-based green transportation firm Exposure SARL have announced the signing of a memorandum of understanding regarding the potential supply of electric vehicles for green taxi services in Kinshasa, Democratic Republic of the Congo.
Gobi Partners invests in Malaysia-based AI healthcare firm Valiance Health
Gobi Partners, through its SuperSeed II Fund, has led an undisclosed pre-seed investment in Valiance Health Inc., a Malaysia-based artificial intelligence (AI) healthcare company building the country’s first large-scale standardized healthcare data platform.
Xamble expands influencer market reach with YouthsToday major stake acquisition
Malaysia-based influencer-centric digital marketing firm Xamble Group Limited has acquired a 55.6 percent majority stake in YToday Sdn Bhd, the company behind grassroots youth marketing platform YouthsToday.com.
Taiwan’s Chipbond Technology strengthens Malaysia’s advanced semiconductor ecosystem with $200M new Penang facility
Chipbond Technology Corporation, a Taiwan-based provider of semiconductor packaging and testing services, has on Monday marked the official opening of its new advanced manufacturing facility, Chipbond Technology Malaysia Sdn. Bhd., located in Valdor Industrial Park, Batu Kawan, Penang, Malaysia.
Singapore and Thailand’s SLEEK EV secures first closing of $8.5M in Series A funding led by KYMCO Capital
SLEEK EV, a Singapore-based and Thailand-operated electric motorcycle maker, has announced an $8.5 million first close in its Series A funding round.
Singtel’s Nxera opens data center in Singapore, accelerating AI innovations
Nxera, Singtel Group’s regional data center arm, announced Monday the opening of DC Tuas, its largest, next-generation, most energy efficient and multi-tenanted data center.
Google expands AI investments in Singapore
Global technology firm Google has announced new investments to deepen local research and development (R&D) capabilities, help businesses innovate and build a future-ready workforce for the artificial intelligence (AI) economy in Singapore.
