News
J&T Express’s profit surges 147.1 percent on year in first half
J&T Global Express Limited, an Indonesia-based logistics service provider, said its adjusted net profit surged 147.1 percent year on year to $156 million in the first half, underpinned by strong business growth and continuous operational optimization across its markets.
Danantara partners China’s GEM for $1.4B HPAL nickel facility in Indonesia
Indonesian state-owned fund Danantara has partnered with GEM, the China-based green metallurgy and circular economy solutions firm, to develop a $1.42 billion high-pressure acid leaching (HPAL) smelter facility in Indonesia.
CIP partners Petrovietnam to develop Vietnam’s first offshore wind project
Copenhagen Infrastructure Partners (CIP), through its Growth Market Fund II, and Vietnam National Industry – Energy Group (Petrovietnam) have signed a Joint Development Agreement (JDA) to collaborate on the development of an offshore wind project in Vietnam’s south-central region.
Malaysia’s AirAsia MOVE achieves lower revenue in second quarter
AirAsia MOVE, the digital arm of Malaysia-based Capital A, saw its revenue for the second quarter of 2025 declined by 16 percent year on year.
Singapore’s Bluente raises $1.5M in financing round led by Informed Ventures
Singapore-based artificial intelligence (AI) translation platform Bluente has successfully raised a $1.5 million seed plus financing round led by Informed Ventures.
Singapore’s Origgin Ventures launches $30M fund and Japan hub in Fukuoka
Origgin Ventures, a venture co-creation firm from Singapore, has announced the official launch of its $30 million Origgin Ventures Japan (Origgin Japan) in Fukuoka.
Singapore’s ZUZU Hospitality secures $5.9M in Series B-Extension round
ZUZU Hospitality, the Singapore-based revenue management and distribution platform for independent hotels, announced Thursday that it has raised $5.9 million in a Series B-Extension round.
Singapore’s Temasek restructures to focus on key investments
Singapore's state-owned investor Temasek is sharpening its focus on its key portfolio segments, as it positions the firm for the new global environment.
Amartha secures digital wallet license to offer digital financial services to entrepreneurs in Indonesia
Amartha, an Indonesia-based platform for entrepreneurs, announced Wednesday its transformation into Amartha Financial Group after securing a digital wallet license from Bank Indonesia.
Ant International, Standard Chartered and Swift collaborate to offer bank-to-wallet payment solution
Supported by Swift’s trusted infrastructure, Ant International, a Singapore-based global digital payment firm, and Standard Chartered Bank have launched live production trials for a bank-to-wallet payment solution using the ISO 20022 financial messaging standards.
