News

GoTo posts first ever profit, raises full year guidance

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Wednesday it has generated an adjusted pre-tax profit for the first time and has raised its guidance for the full year.

Canada expands investment in CCoE of Malaysia to boost advanced cybersecurity training in ASEAN

Global Affairs Canada is deepening its commitment to regional cybersecurity capacity-building by expanding its investment in advancing cybersecurity capacity building through the Malaysia Communications and Multimedia Commission (MCMC) and BlackBerry Cybersecurity Center of Excellence (CCoE) in Cyberjaya of Malaysia.

Airwallex launches startup program to fuel fintech founders growth

Singapore-based Airwallex has announced the global launch of its refreshed ‘Airwallex for Startups’ program, a comprehensive initiative designed to help founders turn finance into a growth engine for their businesses.

Singapore and India-based deeptech firm HYDGEN closes $5M Pre-A funding round

HYDGEN, a Singapore and India-based green hydrogen innovator with proprietary anion exchange membrane (AEM) electrolyzer technology, has closed a $5 million Pre-A funding round, including equity and debt.

Singapore’s 2C2P to invest $60M over next three years in technology, infrastructure and innovation

2C2P, the Singapore-based payments platform of Antom, will be investing $60 million over the next three years in technology, infrastructure and innovation.

France’s Publicis Groupe to acquire Singapore’s influencer agency HEPMIL Media

French multinational advertising and public relations company Publicis Groupe has entered into a definitive agreement to acquire HEPMIL Media Group, a Singapore-based influencer agency.

Bukalapak’s revenue up 1 percent in third quarter

Indonesian e-commerce firm Bukalapak has recorded revenue of Rp 1.64 trillion ($98.74 million) in the third quarter ended September 30, 2025, up 1 percent from the previous quarter - a performance that reflects the company’s resilience amid a seasonally slower period and challenging market conditions.

Singapore’s co-living operator Coliwoo launches IPO to raise $78M

Coliwoo Holdings Limited, a co-living operator in Singapore, has launched an initial public offering (IPO) on SGX mainboard to raise S$101 million ($78 million).

Creador appoints Syed Yasir Arafat as Senior Advisor

Creador, a Malaysia-based private equity firm, has announced the appointment of Syed Yasir Arafat Bin Syed Abd Kadir as its Senior Advisor.

Philippine NBFI Asialink secures $75M syndicated facility from Standard Chartered to boost MSME growth

Asialink Group of Companies, a Philippine non-bank financial institution (NBFI), has secured a $75-million syndicated term loan facility arranged by Standard Chartered Bank (Standard Chartered) — its maiden foreign and the first social syndicated loan for a local NBFI.