News

Animoca Brands participates in Australia’s DigitalX $13.55M raise

Animoca Brands, the Hong Kong digital property rights company, announced Tuesday that it has participated in Australian digital investment manager and ASX-listed crypto fund manager DigitalX’s recent AUD 20.7 million ($13.55 million) raise via a strategic placement in which Animoca Brands was the sole advisor.

Petronas forges partnership with state government for Sabah’s sustainable energy growth

Malaysia's state-owned Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), reaffirmed its longstanding partnership with the Sabah state government by formalizing several key agreements for sustainable energy growth.

Grab and A2Z pilot autonomous shuttle bus in Singapore

Grab, Southeast Asia’s leading superapp, in collaboration with Autonomous A2Z (A2Z), a Korean full-stack autonomous vehicle technology manufacturer, announced Tuesday their first autonomous electric shuttle bus pilot in Singapore.

Real-time location sharing app iSharing secures 40,000 daily users in Malaysia

Real-time location sharing app iSharing said Tuesday that it has secured 40,000 daily users in Malaysia amid growing child and elderly safety awareness.

Singapore’s SME Fintechs blocked from growth due to restricted API access, reveals new Fintech Nation report

A new report by Fintech Nation revealed on Tuesday a significant obstacle to fintech-led innovation in Singapore’s small and medium-sized enterprise (SME) sector, with 85 percent of fintechs reporting they have been denied or delayed access to essential banking APIs by incumbent banks.

Malaysian Vision AI firm Tapway expands into Indonesia

Tapway Sdn. Bhd., a Malaysia-based Vision artificial intelligence (AI) platform developer, announced Tuesday that it is expanding into Indonesia.

Indonesian AI-powered credit analysis startup Sxored secures funding led by East Ventures

Sxored, an Indonesia-based tech startup specializing in intelligent document extraction and artificial intelligence (AI)-powered credit document analysis, has secured an undisclosed amount of funding from East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia.

J&T Express SEA market achieves record quarterly growth of 65.9 percent

J&T Global Express Limited (J&T Express), a global logistics service provider, said Tuesday that its Southeast Asia market achieved record quarterly growth of 65.9 percent in the first half ended June 30, 2025.

Malaysia’s digital investments surge 125 percent quarter on quarter in second quarter

Malaysia’s digital investments under the Malaysia Digital (MD) national strategic initiative surged by 125 percent to MYR 29.47 billion (6.95 billion U.S. dollars) in the second quarter of 2025, rising from MYR 13.11 billion ($3.09 billion) in the first quarter, Malaysia Digital Economy Corporation (MDEC) said Monday.

Maybank sees ASEAN e-commerce offers compelling growth runway

Despite structural headwinds in traditional Western markets, Maybank Investment Bank sees Chinese e-commerce platforms are demonstrating adaptability through logistics optimization, business model evolution, and strategic regional pivoting, and ASEAN, in particular, offers a compelling growth runway, driven by rising digital adoption, underpenetrated retail…