News
Vinfast invests $1.2B to build local assembly plant in Indonesia
Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.
Validus appoints Chong Khai Siang as group Chief Financial Officer
Validus, a Singapore-based one-stop small and medium-sized enterprise (SME) financing platform, has on Monday announced the appointment of Chong Khai Siang as group Chief Financial Officer (CFO) of Validus.
FREENOW integrates Alipay+ to enable Asian e-wallets acceptance in seven European countries
FREENOW, an European taxi app, has integrated Alipay+ cross-border mobile payment solutions with its taxi cab services in seven European countries: Spain, Germany, Ireland, Italy, France, Greece and Austria.
The Sandbox, Minto and Copro Corporation team up to produce NFTs
The Sandbox, Minto and Copro Corporation, have been authorized with permission from Kodansha Ltd. to produce non-fungible tokens (NFTs) and create Attack on Titan LAND on "The Sandbox" in the Web3 gaming decentralized metaverse.
SK Telecom partners Singtel to develop next-generation telco technology and solutions
Singaporean telecommunications firm Singtel and South Korean telecommunications operator SK Telecom have teamed up to develop next-generation telco technology and solutions.
PT Energi Selalu Baru secures strategic investments from LX Ventures, SAIC Capital in pre-series A fundraising round
PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.
Hubject partners Gentari to streamline EV charging across Southeast Asia
Hubject, the Germany-based electric vehicle (EV) firm, has partnered Gentari Green Mobility Sdn Bhd, the wholly-owned subsidiary of clean energy solutions provider Gentari Sdn Bhd (Gentari), to streamline electric vehicle (EV) charging across Southeast Asia.
Suzuki launches $40M fund in India to support social entrepreneurs
Suzuki Motor Corporation has launched $40 million fund in India to support social entrepreneurs.
Tracxn : SEA FinTech startups funding drops 25 percent in first half
Total funding into Southeast Asia (SEA) FinTech startups fell 25 percent to $899 million in the first half of 2024 from $1.2 billion a year ago, Tracxn said Friday.
Pakistan’s DealCart raises $3M in seed funding round led by Shorooq Partners and Sturgeon Capital
DealCart, a Pakistan-based social e-commerce startup, has successfully raised $3 million seed in a funding round led by Shorooq Partners and Sturgeon Capital. The round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners.
