News

Vietnam’s electric motorbike startup Dat Bike secures $4M funding from local securities firm

Vietnam's electric motorbike startup Dat Bike has secured a $4 million investment from local securities firm Thien Viet Securities JSC, the former announced Monday.

Indosat takes Indonesia women-led AI startups to Vietnam for market expansion

Artificial intelligence (AI) innovations developed by Indonesian women-led startups, such as hospital automation tools and inclusive communication platforms, are approaching Vietnam through a regional expansion initiative led by Indonesia-based Indosat Ooredoo Hutchison under its women-focused innovation program SheHacks.

Vietnam to support up to $570K for “unprecedented” digitalization project

Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.

Malaysia will increase capital flow to innovative start-ups in high value-add sectors

The Securities Commission Malaysia (SC) said Monday that it will increase the flow of capital to innovative start-ups in high value-add sectors such as electrical and electronics, data infrastructure and medical devices.

2026 tech layoffs reach 45,000 in March, more than 9,200 due to AI and automation – RationalFX

Data shows that roughly 9,238, or about 20 percent of the 45,363 tech layoffs recorded worldwide since the start of the year, and have been linked to artificial intelligence (AI) implementation and organizational restructuring, RationalFX said Monday.

SC to develop appropriate regulatory frameworks for alternative assets

Securities Commission Malaysia (SC) said Monday it will develop appropriate regulatory frameworks for alternative assets to provide clarity to market players.

Malaysia’s venture capital and private equity record 21% CAGR between 2020 and 2025

Despite global fundraising headwinds, Malaysia’s venture capital (VC) and private equity (PE) segments grew at a rapid pace, with total cumulative VC/PE committed funds under management recording a 21 percent compound annual growth rate (CAGR) between 2020 and 2025, the Securities Commission Malaysia (SC) said Monday.

Singapore-headquartered Airwallex’s Yield surpasses $1B in assets, expands treasury offering to US

Global financial platform Airwallex said its treasury solution Yield has surpassed $1 billion in global assets under administration, marking a key milestone as the fintech company expands the product to businesses in the United States.

Foxconn pours additional $39M in Vietnam

Vietnam-based Fulian Precision Technology Component Company Limited, a subsidiary of Taiwan-based Foxconn, has increased its charter capital by about $39.4 million.

Standard Chartered appoints Karby Leggett as Head of Digital Assets for GCNA, South Asia and ASEAN

Global bank Standard Chartered has appointed Karby Leggett as Head of Digital Assets for Greater China North Asia, South Asia and ASEAN within the Digital Assets Centre of Excellence.