News

Malaysia’s Tapway partners with three Thai firms to expand Vision AI presence

Tapway Sdn. Bhd., Malaysia’s developer of Vision AI software, announced Monday the appointment of Advantech Co., Ltd., Appomax Co., Ltd., and S I Media Co., Ltd., as its official channel partners in Thailand.

SME Corp. Malaysia collaborates with microLEAP to offer $8.29M grant-convertible financing for SMEs

SME Corp. Malaysia has collaborated with microLEAP to offer MYR 35 million ($8.29 million) grant-convertible financing for small and medium-sized enterprises (SMEs) in Malaysia.

VinFast India partners Axis Bank for EV financing solutions

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Axis Bank, one of the largest private sector banks in India, to provide auto and inventory financing for its exclusive dealer network.

Indonesia detains Gojek founder and former minister as suspect in graft case – report

Makarim was accused of misusing his authority as minister to enrich himself or a company, Nurcahyo said, in violation of Indonesia's anti-corruption laws.

Scanfil invests $3.75M to expand Johor Bahru manufacturing facility

Scanfil, Europe’s largest listed electronics manufacturing company, has invested MYR 15.8 million ($3.75 million) to expand and modernize its SRX Global (Malaysia) Sdn. Bhd. facility in Johor Bahru, Malaysia.

IG Group appoints Fintech veteran Gavin Chia to accelerate growth across Singapore and emerging Asian markets

Global fintech firm IG Group Holdings plc has named Gavin Chia as Chief Executive Officer (CEO) of IG Singapore and Emerging Markets.

VinFast remains in the red in Q2 despite higher revenue

Vietnamese electric vehicles (EV) maker VinFast has remained in the red despite increased revenue in the second quarter ended June 30, 2025.

Proton launches first EV assembly plant in Malaysia with 20,000 annual capacity

Automaker Proton has launched the first assembly plant exclusive for electric vehicle (EV) production in Malaysia at Proton Tanjung Malim.

Thai-founded LineWise raises $1.1M in Pre-Seed funding from Y Combinator, A2D Ventures

LineWise (YC X25), the Thai-founded artificial intelligence (AI)-powered virtual engineer for manufacturers, has raised $1.1 million in pre-seed funding from A2D Ventures, Y Combinator, Exitfund, REMUS Capital, SBXi Fund, and Team Ignite Ventures.

Ant International’s Antom debuts agentic payment solution

Antom, a merchant payment and digitization services provider under Ant International, announced Thursday the launch of an agentic payment solution, featuring a first-of-its-kind secure APM checkout solution.