News
Fintech KPay gains Major Payment Institution licence in Singapore, adds online payments
KPay Merchant Service (Singapore), a subsidiary of fintech KPay Group, was granted a Major Payment Institution licence by the Monetary Authority of Singapore (MAS).
Malaysia’s digital wealth platform Cashku adds Muamalat Invest Shariah funds
Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.
Drylab raises $3M seed round to build AI research agents
Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.
US-based Anthropic opens Singapore office, signs MOU with the Singapore government
US-based AI company Anthropic announced Wednesday it is expanding its Asia-Pacific operations by opening a new office in Singapore — its fifth in the region—and signed a Memorandum of Understanding (MOU) with the Singapore Ministry of Digital Development and Information.
Vietnam should review foreign-ownership caps, citing Western firms’ past regrets over JV
Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.
Malaysia’s VentureTECH invest in Hanan Medicare & AgriData Portal
The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.
Vietnam’s FPT, France’s Pasqal should turn quantum talks into commitments
Vietnamese Deputy Prime Minister Ho Quoc Dung urged French quantum computing company Pasqal and Vietnam's tech giant FPT to turn their cooperation ideas into concrete programs.
Singapore’s Antares Ventures secures $50M for deep-tech fund, targets $100M
Antares Ventures, a Singapore-based deep-tech venture capital firm, has secured more than $50 million in commitments for its first fund at a second close, an interim closing at which additional investors join.
NEU Battery Materials raises $7.6M and opens Singapore plant
Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.
Green SM launches Vietnamese EV taxi service in Los Angeles
Green SM, a Vietnamese ride-hailing company utilizing only electric vehicles (EV) of VinFast brand, has launched its taxi service in Los Angeles, its first entry into North America and its ninth global market.
