News

HITC and Evolution team up to develop large-scale data centers in Vietnam

HTC International Telecommunication JSC (HITC) and Evolution Data Centers announced Tuesday that they have established a joint venture to develop large-scale, artificial intelligence (AI) and hyperscale data centers in Ho Chi Minh City and Hanoi.

Singapore’s RealVantage raises $10M Series A funding for expansion

Singapore-based real estate investment platform RealVantage, which operates as RV SG Pte. Ltd., a private limited company holding a Capital Markets Services license, has announced a $10 million Series A fundraise oversubscription, $70 million valuation well supported in excess.

NayaPay launches global QR payments for Pakistanis via Alipay+

NayaPay, a Pakistan-based fintech platform, has launched global QR payments in collaboration with Alipay+, Ant International’s global wallet gateway.

Malaysians ramp up AI and digital skills as the country advances its transformation goals – Coursera

Coursera, Inc., a global online learning platform, said Wednesday that Malaysians are ramping up artificial intelligence (AI) and digital skills as the country advances its transformation goals.

Sunway iLabs partners Alibaba to strengthen regional AI startup ecosystem

Sunway iLabs, the innovation lab and corporate venture capital (CVC) arm of Sunway Group, has entered a strategic partnership with the Alibaba Entrepreneurs Fund (AEF)-NextGen Fund to foster deeper collaboration between Malaysia, Hong Kong and the Greater Bay Area.

Airwallex acquires majority stake in Indonesian payments company Skye Sab

Airwallex, a global payment firm, has acquired majority ownership of PT Skye Sab Indonesia, a PJP (Penyedia Jasa Pembayaran) Category 1 license holder.

BII achieves over $400M in green energy commitments across South-East Asia

British International Investment (BII), the United Kingdom's development finance institution (DFI), announced Tuesday it has committed £308 million ($400 million) in climate finance across South-East Asia during its current strategy period, advancing its ambition to invest up to £500 million ($666 million) by 2026.

Carsome posts over $6.4M in EBITDA for third quarter of 2025

Carsome Group Inc, Southeast Asia’s largest integrated car ecommerce platform, has announced another quarter of profitability, reporting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $6.4 million for the third quarter of 2025.

I-City, UiTM to accelerate Malaysia’s AI research and innovation through industry-academic collaboration

I-Berhad, a Malaysia-based property developer, has joined forces with Universiti Teknologi MARA (UiTM) to elevate Malaysia’s position as a regional leader in artificial intelligence (AI) and robotics.

FPT partners Glassdome to advance manufacturing digital transformation

Vietnam-based technology corporation FPT and Glassdome, a provider of carbon data management and production monitoring solutions, have signed a memorandum of understanding to jointly drive digital transformation for manufacturers worldwide.