News

IMDA ramps up support for fresh graduates pursuing tech careers in Singapore

Singapore's Senior Minister of State for Digital Development and Information, and Health Tan Kiat How has announced that the Infocomm Media Development Authority (IMDA) will expand TIP Alliance1 to include local information and digital technology (IDT) university graduates.

ADB launches $6B initiative and institutional support to deepen ASEAN capital markets

The Asian Development Bank (ADB) has announced plans to mobilize up to $6 billion by 2030 and provide institutional support to capital market regulators in Southeast Asia to accelerate the development of the region’s capital markets and strengthen its long-term financial resilience against external shocks.

OSK Ventures International exits from Alternatives.pe via strategic acquisition by Uzabase

Malaysia-based venture capital firm OSK Ventures International Berhad (OSKVI) has successfully exited its investment in Alternatives.pe through its fund OSK Ventures ET Fund II Ltd.P. (OSKVETF2), following the acquisition of Alternatives.pe by Japan-listed business intelligence firm Uzabase, Inc.

Southeast Asia-focused courier J&T Express increases parcel volume to 8.33 Billion in Q1/2026

J&T Global Express (J&T Express), a global logistics service provider affiliated with e-commerce platforms such as TikTok, Temu, SHEIN, reported first-quarter 2026 parcel volume of 8.33 billion, a 26.2 percent increase year-on-year, with average daily volume reaching 92.5 million.

Vietnam’s Viettel Telecom, China’s iFLYTEK to jointly advance Vietnamese AI voice

Vietnam’s telecommunication giant Viettel Telecom (VTT) and China-based AI company iFLYTEK have signed a strategic cooperation agreement with to develop voice artificial intelligence (AI) technologies for the Vietnamese market, with a focus on speech processing and localization.

Malaysia rolls out $1.3B financing push to drive SMEs into green, high-tech sectors

Malaysia’s Entrepreneur and Cooperatives Development Ministry is rolling out up to MYR 5 billion ($1.3 billion) in low-cost financing to support small and medium enterprises (SMEs) in scaling up and transitioning into higher value activities, national news agency Bernama reported on Thursday.

Vietnam’s crypto trading platform CAEX secures investment from OKX Ventures, HashKey Capital

Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX) has secured investment agreements with OKX Ventures and HashKey Capital, with the partners set to contribute funds to help the company meet the minimum capital requirement of VND10 trillion ($380 million).

Malaysia steps up chip push with MyChipStart to develop local IC design firms

The Malaysian government is stepping up efforts to move Malaysia further up the semiconductor value chain through the MyChipStart program, which aims to develop local integrated circuit (IC) design companies, national news agency Bernama reported Friday.

Smart Axiata secures $50M extended financing from Maybank to advance digital and 5G infrastructure development in Cambodia

Maybank Cambodia has extended a $50 million financing facility to Smart Axiata, a subsidiary of Malaysian-headquartered Axiata Group Berhad, to accelerate the strategic development of Cambodia’s digital and telecommunications infrastructure, including 5G connectivity across the country.

Thunes, Circle team up to expand stablecoin settlement

Singapore fintech firm Thunes has joined forces with the Circle Payments Network (CPN) Managed Payments, to expand stablecoin settlement.