News
Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024
J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
Woori Venture Partners invests in Singapore wireless charging solutions firm Xnergy
Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital fund.
Indonesia e-commerce firm Bukalapak to stop selling physical goods – report
Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report
Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.
[CES 2025] Sony-Honda Afeela EV launches at CES 2025
SHM said it aims to revolutionize the mobility experience by redefining the relationship between people and mobility. The first model, AFEELA 1, pursues an interactive relationship between people and vehicles through the integration of advanced software and high-performance hardware, resulting in intelligent mobility, the company added.
Malaysia announces tax incentives for Johor-Singapore Special Economic Zone
Malaysia has on Wednesday announced tax incentives for Johor-Singapore Special Economic Zone (JS-SEZ) to drive high value investment into Johor.
BMI sees strategic consolidation driving Johor to lead Malaysia’s digital infrastructure Growth
BMI Country Risk and Industry Research said Tuesday that strategic consolidation is driving Johor to lead Malaysia’s digital infrastructure growth.
Stableton partners with Alta to expand access to global high-growth pre-IPO investments
Stableton, a Switzerland-based venture capital growth equity fintech platform, has on Tuesday announced a strategic partnership with Singapore-based digital securities exchange for alternative assets Alta, to expand access to global high-growth pre-initial public offering (IPO) investments.
Moomoo Malaysia partners GXBank for integration to simplify investing for Malaysians
Moomoo Malaysia, an investment and trading platform, is partnering with Grab-backed digital bank GXBank for integration to simplify investing for Malaysians.
