News
VinFast India partners with Central Bank of India to expand EV financing
VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Central Bank of India (CBI), one of the nation's largest banks, to provide retail car financing through its exclusive dealer network.
Digital Penang, MBAN launch Angel Investment Accelerator to strengthen Penang’s startup ecosystem
Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang.
WeLab and Google form AI strategic partnership to boost digital banking in Asia
WeLab, a Hong Kong-based fintech platform, and Google have announced an artificial intelligence (AI)-focus partnership to boost digital banking in the region, and advance WeLab’s goal of delivering AI-powered financial services to 500 million users by 2032.
Singapore’s audax becomes AWS Partner Network member to power scalable banking across APAC, Middle East
Audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered, announced Tuesday that it has joined the Amazon Web Services (AWS) Partner Network (APN).
Carsome marks 10th Anniversary with ‘Pakej Rakyat’, offering refurbished cars from $47/month
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, marked its 10th anniversary with the launch of Pakej Rakyat, a program that offers high-quality refurbished cars from MYR 199 ($47) per month under Carsome Value Plus, together with a free one-year warranty and service packages, supported by its in-house financing through…
KPMG: Singapore’s fintech investment rebounds to $1.04B in first half
Singapore’s fintech sector recorded a strong rebound in the first half of 2025, attracting close to $1.04 billion in investments across 90 deals, according to KPMG’s Pulse of Fintech H1’2025 report revealed on Friday.
Yuno accelerates global growth with APAC expansion across China and Singapore
Yuno, a global payment platform, announced Thursday an important expansions within Asia Pacific (APAC) including the opening of regional headquarters in Singapore and new operations in China.
Philippine central bank to stop accepting new applications for digital bank licenses
The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced Thursday that it will stop accepting new applications for digital bank licenses starting December 1, 2025.
INA, EDC ink $592M strategic partnership to expand Canada-Indonesia investment opportunities
Export Development Canada (EDC), Canada’s export credit agency, and the Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a CAD$825 million ($592 million) Market Leader Partnership memorandum of understanding (MOU) to strengthen bilateral investment ties and promote sustainable economic development between the two……
VinFast secures $100M of green loan from MUFG for global expansion
Vietnamese electric vehicles (EVs) maker VinFast has secured a $100 million green loan facility from MUFG Bank, Ltd., to be used for VinFast's development and international expansion strategy.
