News
Grab officially launches taxi in Singapore
Southeast Asia's superapp Grab has officially flagged off the first batch of GrabCabs on last Wednesday, marking a new chapter in Singapore’s taxi landscape with a pioneering fleet of sleek, eco-friendly vehicles designed to enhance ride availability and commuter experience across the island.
Tracxn : SEA FinTech funding falls 22 percent year on year to $776M in the first half
Southeast Asia Fintech players have raised a total of $776 million in the first half of 2025, up 31 percent from $593 million in the second half of 2024, but down 22 percent as compared to $1 billion raised in the first half of 2024, Tracxn said Monday.
Maybank sees strong AI growth potential in ASEAN amid modest VC funding
Maybank Investment Bank said Monday that venture capital (VC) investment in ASEAN artificial intelligence (AI) remains small - only $6 billion between 2020 to 2024, highlighting room for growth, especially in Malaysia.
Insurer FWD makes debut on Hong Kong bourse
Hong Kong's insurer FWD Group Holdings Limited has on Monday commenced its first day of trading on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) under the stock code 1828.
Ant International launches built-in end-to-end AI travel companion for digital wallet, super app users with partners
With launch partners including Fliggy, Agoda and Trip.com, Ant International has introduced Alipay+ Voyager, an artificial artificial intelligence (AI) travel companion integrated into digital wallets for the travel industry to simplify and enhance travel experiences for global consumers.
Singapore’s XL Ventures secures In-Principle Approval for capital markets services license
XL Ventures Pte Ltd, a Singapore-headquartered climate tech focused company, has received In-Principle Approval from the Monetary Authority of Singapore (MAS) to perform licensed Venture Capital Fund Manager (VCFM) activities in Singapore.
Australia’s Goodman establishes $2.7B Hong Kong data center partnership
Goodman Group, an Australia-based digital infrastructure firm, has established the Goodman Hong Kong Data Center Partnership (GHKDC) – a new $2.7 billion data center dedicated investment vehicle.
Eight GLCs awarded under BIG to accelerate corporate-startup collaboration, innovation-led growth in Malaysia
The Ministry of Finance (MOF) in collaboration with the Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), have announced the successful selection of eight government-linked companies (GLCs) under the Bengkel Inovasi GLC (BIG) program, to accelerate corporate-startup collaboration and innovation-led growth in Malaysia.
A*STAR and Siemens collaborate to advance smart and sustainable manufacturing solutions
The Agency for Science, Technology and Research (A*STAR) and Siemens have signed a memorandum of understanding to accelerate innovation and digital transformation for smart and sustainable manufacturing for companies in Singapore and across ASEAN.
Singapore and United Kingdom strengthen collaboration in digital finance and innovation and sustainable finance
Singapore and the United Kingdom have highlighted their strong and continued collaboration between the two countries, with a focus on several key themes, including digital finance and innovation, sustainable finance, capital markets and international regulatory developments.
