News

Singapore fintech firm PEXX raises $4.5M in seed funding led by TNB Aura

PEXX, a Singapore-based fintech startup specializing in cryptocurrency and blockchain technology, has on Tuesday announced the successful closure of a $4.5 million seed funding.

Indonesia’s IMOTO unveils electric motorcycle for global market

Indonesia-based smart electric mobility service provider IMOTO has introduced its electric motorcycle VISION.ev for global market.

ASEAN exchanges commit to advance ASEAN as an attractive region

Six major ASEAN stock exchanges have committed to several initiatives to advance ASEAN as an attractive region.

Malaysia’s Carsome secures $21M financing facility from Ambank

Malaysia-based integrated car e-commerce platform Carsome Group has secured MYR 100 million ($21.39 million) in financing facility from AmBank Group to expand its liquidity and bolster its capacity for future growth.

Philippine proptech firm Lhoopa secures $80M in equity and debt

Lhoopa, the Philippine proptech company, has on Tuesday announced the successful completion of its $80 million funding round.

Asia-Pacific cashless payments projected to reach almost 45 percent of global payment volume by 2030

Asia-Pacific cashless payments projected to reach almost 45% of global payment volume by 2030, S&P Global Market Intelligence said Tuesday.

Study: 87 percent of APAC manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace

87 percent of Asia Pacific (APAC) manufacturers prioritize digital transformation; yet 82 percent struggle with innovation pace, a study showed Tuesday.

Telin partners BW Digital to enhance DC-to-DC connectivity with new Indonesia-Singapore cable

PT Telekomunikasi Indonesia International (TELIN) and BW Digital have announced a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore.

Thailand’s Bitkub Exchange names Rakkar Digital as official digital asset custodian

Rakkar Digital, a provider of secure and compliant digital asset custody solutions, has been selected as the official digital asset custodian for Bitkub Exchange, Thailand’s largest digital asset center.

Hisense Malaysia partners Sunway University for UEFA Euro Cup 2024

Hisense Malaysia, a global consumer electronics and appliances firm, has announced its collaboration with Sunway University to host “Beyond Glory Campus Cup”, a friendly inter-university football tournament between university football teams within the Klang Valley.