News

Singapore’s dtcpay secures EMI license in Luxembourg, launches continental European headquarters

Dtcpay, a Singapore-based stablecoin payment solutions firm, announced Thursday it has secured its Electronic Money Institution (EMI) license in Luxembourg, marking its official expansion into Europe.

Singapore’s Lighthouse Canton secures $40M in strategic funding led by Peak XV Partners

Singapore-based investment institution Lighthouse Canton announced Tuesday a $40 million strategic investment round led by Peak XV Partners.

APAC businesses encounter over 10.5B AI Bots in just two months, underscoring rising risks amid rapid AI adoption – Akamai

Akamai Research revealed on Wednesday that Asia Pacific (APAC) businesses encountered over 10.5 billion AI Bots in just two months, underscoring rising risks amid rapid artificial intelligence (AI) adoption.

Bursa Malaysia and AmInvest launch Malaysia’s first SRI-qualified ETF

Bursa Malaysia Berhad and AmInvest have on Wednesday launched the FTSE4Good Bursa Malaysia ETF, marking Malaysia’s first and only sustainable and responsible investment (SRI)-qualified exchange-traded fund (ETF) in the market, adding to AmInvest’s existing suite of ETFs.

Thailand’s Pride Health raises $300,000 to boost LGBTQ+ healthcare across Asia

Pride Health, a Thailand-based company and Asia’s first LGBTQ+ digital healthcare platform, has raised $300,000 in a pre-seed round with A2D Ventures, Enterprise Singapore, First Move, and depa’s Digital Startup Fund (S2).

Singapore’s WIZ.AI raises tens of millions in Series B to scale enterprise AGI Solution globally

WIZ.AI, a Singapore-based artificial intelligence (AI) company pioneering the enterprise application of large language models (LLMs) in Southeast Asia, has announced the successful closing of its Series B funding round, raising tens of millions of USD.

FPT inks partnership with LAPI ITB, Digital Utama Lestari to boost Indonesia’s digital economy

Vietnam's technology corporation FPT has entered a strategic partnership with LAPI ITB, a consulting and professional services provider owned by Institut Teknologi Bandung (ITB), and digital transformation consulting firm Digital Utama Lestari (DUL) to boost Indonesia’s innovation-led digital economy.

VinFast accelerates expansion in India with 24 operational dealerships

VinFast Auto India, a subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has accelerated its retail network expansion, with 24 dealerships now operational across major cities in India.

Softbank Logo Wikimedia Commons

SoftBank partners OpenAI to deliver enterprise AI solution

The Japan-based investment firm SoftBank Group and US-based technology firm OpenAI Group PBC have on Wednesday launched their joint venture, SB OAI Japan GK.

LexisNexis Risk Solutions launches APAC Data Center in Malaysia to enhance fraud prevention

The United States-based LexisNexis Risk Solutions has on Wednesday launched its Asia Pacific (APAC) data center in Malaysia to better serve the Asian market.