News

Authenticity-driven ECommerce is set to hit $150B by 2030 – Lazada

Authenticity-driven ECommerce is set to hit $150 billion by 2030, a recent Lazada survey showed.

Vietnam’s C4IR and Ant International partner to advance digital economy

The Vietnam Center for the Fourth Industrial Revolution (C4IR Vietnam), established by the World Economic Forum and the People’s Committee of Ho Chi Minh City, and Ant International have on last Thursday announced a strategic partnership through a memorandum of understanding (MoU) to advance Vietnam’s digital economy, foster innovation, and support Ho Chi…

48 percent of boards prioritize AI adoption as a top strategic priority for 2026 – Diligent Institute

Amid escalating economic and geopolitical uncertainty, nearly half of governance leaders in Asia (48 percent) are prioritizing artificial intelligence (AI) adoption as a top strategic priority for 2026, a recent report showed.

Sunway iLabs and Jetro prepare four AI and deeptech Japanese startups for entry into Malaysia, ASEAN

Sunway Innovation Labs (Sunway iLabs), the innovation lab and corporate venture capital (CVC) arm of Sunway Group, and the Japan External Trade Organization (JETRO) Kuala Lumpur, have concluded the J-StarX Malaysia Deep Tech Program (MYTech) 2025 to accelerate four Japanese startups’ expansion into Malaysia and the ASEAN region.

WeRide partners Uber to launch Middle East’s first driverless robotaxi in Abu Dhabi

WeRide, a China-based autonomous driving technology firm, and Uber Technologies, have on Wednesday announced the launch of Level 4 fully driverless Robotaxi commercial operations in Abu Dhabi.

Alibaba’s Qwen powers AI Singapore’s latest LLM to strengthen multilingual performance in Southeast Asia

Alibaba Cloud, the digital technology and intelligence firm of Alibaba Group, announced Monday its support for the release of Qwen-SEA-LION-v4, the latest version of a large language model developed by AI Singapore (AISG), to address the linguistic, cultural, and commercial needs of Southeast Asia.

Funding Societies Thailand joins NCB to strengthen SME access to finance

FS Capital, direct lending arm of Funding Societies, one of Southeast Asia’s largest digital financing platforms for small and medium-sized enterprise (SMEs), has officially become a member of the National Credit Bureau (NCB), Thailand.

Philippine fintech firm Higala closes $4M seed fund

Talino Venture Studios, Chemonics International, Kadan Capital, Tenco Capital, and 1982 Ventures have closed Higala’s seed funding round to $4 million, amplifying its abilities to digitally transform rural banks and other microfinance institutions in underserved communities.

Gobi Partners expands to Japan with JR East’s TAKANAWA GATEWAY Link Scholars’ Hub

Gobi Partners, one of Asia’s most active venture capital firms, has entered Japan through JR East’s TAKANAWA GATEWAY Link Scholars’ Hub (LiSH) as a Global Network Partner, marking a decisive step in connecting Japan’s innovation frontier with Southeast Asia’s growth markets.

E-commerce continues to drive Malaysia’s digital economy with $227B in revenue for first three quarters of 2025

Malaysia’s e-commerce revenue for the first nine months of 2025 reached MYR 937.5 billion ($226.67 billion U.S. dollars), an increase of 1.9 percent compared to the same period in 2024.