News
VinFast officially launches VF 6 in Indonesia
Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official launch of the VF 6, a mid-size electric vehicle, in Indonesia.
SC seeks public feedback on proposed framework on tokenization of capital market products in Malaysia
The Securities Commission Malaysia (SC) has on Tuesday published a consultation paper to seek public feedback on a proposed framework for tokenized capital market products.
Grab announces leadership appointments in Singapore and Vietnam
Grab, Southeast Asia’s superapp, announced Monday leadership appointments in Singapore and Vietnam, effective July 1, 2025.
Lightstorm completes integration of RTI Cables’ assets to strengthen data center connectivity in Asia, Australia, US
Lightstorm, a provider of digital network infrastructure connectivity solutions headquartered in Singapore, has announced the successful integration of the assets acquired from RTI Cables, further enhancing its global subsea and terrestrial network.
Vietnam’s IT firm FPT acquires German’s David Lamm Consulting
Vietnam-based information technology (IT) firm FPT Software announced Monday the full acquisition of David Lamm Consulting, a German IT consulting company highly experienced in the energy sector.
Digido: Filipinos spent 1.54 billion seconds using digital lending apps in 2024
About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.
Singapore’s Neufast raises $1.1M in Pre-Series A funding led by Wavemaker Ventures
Neufast, a Singapore-based multilingual recruitment and language training platform, announced Tuesday it has raised $1.1 million in a Pre-Series A funding round led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners, with participation from existing backer Wings Capital Ventures.
Singapore’s XWeave raises $3M in seed round led by Jungle Ventures
XWeave, a Singapore-based cross border payments through stablecoins, announced Monday a $3 million seed funding round led by Jungle Ventures via First Cheque@Jungle and Lightshift.
VinFast secures $190M loan for its automobile plant in Indonesia
Vietnamese electric vehicle (EV) maker VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), have signed a long-term syndicated loan agreement valued at IDR 1.85 trillion ($110 million), along with an additional $80 million accordion facility, to finance the construction of VinFast’s EV assembly plant…
AWS, CENTEXS launch AI initiatives to position Sarawak as Malaysia’s premier AI state by 2027
Malaysia's state-owned agency Center for Technology Excellence Sarawak (CENTEXS) has announced an expanded skills training collaboration with Amazon Web Services (AWS) that will help Sarawak achieve its vision of becoming Malaysia's premier artificial intelligence (AI) state by 2027.
