News

Indonesia’s DailyCo acquires B2B catering and canteen management services firm Waku

DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.

Singapore’s Nuevocor raises $45M Series B for Novel Cardiomyopathy therapy development

Nuevocor, a Singapore-headquartered IND-stage biotechnology company developing cures for cardiomyopathies driven by aberrant mechanobiology, has announced the successful completion of $45 million Series B financing.

SEA-6 green investments rise 43 percent year on year to $8 billion, led by solar and waste management

Southeast Asia-6 (SEA-6) - Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam - saw a notable 43 percent spike in private green investments to $8 billion in 2024 compared to the previous year, with Malaysia and Singapore contributing over 60 percent of deals, a report showed Tuesday.

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.