News

Toyoda Gosei acquires stake in EV Motors Japan

Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses.

Travel Alliance partners Grab, Trip.com for cross-border telco rewards program

The Travel Alliance, comprising Singtel, AIS, Globe, HKT, Optus, Taiwan Mobile and Telkomsel, has on Friday announced strategic partnerships with ride-hailing, delivery, and travel brands Grab and Trip.com for cross-border telco rewards program.

Catcha Digital acquires 60 percent stake in Drive 2 Digital for $3.59 million

Malaysian digital media firm Catcha Digital Berhad has on Friday announced that it has acquired a 60 percent interest in Drive 2 Digital Sdn Bhd (D2D) for a cash consideration of MYR 16.2 million ($3.59 million) to strengthen its position in automotive digital media.

Singapore’s Crypto.com renews partnership with Formula 1 to 2030

Singapore-based cryptocurrency exchange company Crypto.com has on Thursday announced that it is extending its relationship with Formula 1® to 2030.

Mober, BDO sign commercial EV fleet financing in the Philippines to boost green logistics

Mober, the Philippines-based green logistics firm, has partnered with Philippine bank BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks.

Singapore’s bolttech raises over $100M in Series C funding round funding led by Dragon Fund

Bolttech, the Singapore-based insurtech, has raises over $100 million in Series C funding round funding led by Dragon Fund by Liquidity and MUFG.

Malaysia launches ASEAN Startup Initiative

As Malaysia prepares to assume the ASEAN Chairmanship in 2025, this initiative aligns perfectly with our vision to position ASEAN as a global hub for innovation and entrepreneurship.

Malaysia’s Catcha Digital acquires 70 percent stake in Tastefully for $1.7M to enter consumer food expo sector

Malaysian digital media firm Catcha Digital Berhad is acquiring a 70 percent equity interest in Tastefully Malaysia Sdn Bhd for a cash consideration of MYR 7.6 million ($1.69 million) to enter consumer food expo sector.

Global technology firm Kyndryl opens new office in Malaysia

Kyndryl, the global information technology (IT) infrastructure services provider, has opened its new office in Kuala Lumpur, the capital city of Malaysia, on Thursday.

TM, Petronas and Gentari team up to drive digital and sustainable innovation in Malaysia

Malaysian telecommunications firm Telekom Malaysia (TM) has signed memorandum of understanding (MoU) with oil and gas firm Petroliam Nasional Berhad (Petronas) through its digital arm Petronas Digital Sdn Bhd (PDSB), and clean energy arm Gentari Sdn Bhd, to drive growth in digital transformation and sustainable innovation.