News
Khazanah’s Jelawang Capital backs more than ten startups with over $7.64M capital
Malaysia's state-owned fund Khazanah Nasional Berhad said Tuesday that through Jelawang Capital, Malaysia’s National Fund of Funds, its first five fund managers have backed more than ten startups and catalyzed over MYR 30 million ($7.64 million) in crowded-in capital.
Malaysia’s automotive aftersales platform ServAuto raises new funding led by Vynn Capital
ServAuto, a Malaysia-based automotive aftersales platform, announced Tuesday that it has secured new funding, bringing its total capital raised to close to $6 million to date.
GoTo partners MRT Jakarta to launch TOD model integrating public transportation with digital platforms
PT GoTo Gojek Tokopedia Tbk, Indonesia's largest digital ecosystem, in collaboration with PT MRT Jakarta (Perseroda), has launched Blok M Hub Gojek, a Transit Oriented Development (TOD) model integrating public transportation with digital platforms.
Singtel Singapore establishes Brazil sales office to accelerate digital transformation of multinational enterprises
Singapore's communications group Singtel has on last Thursday announced plans to establish a sales office in Brazil to support multinational enterprises in accelerating their digital transformation ambitions.
Nexus Global Payments appoints PayNet and NETS as technical operator
Nexus Global Payments (NGP) has appointed Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO).
Microsoft launches AI QuickStart Program in Singapore with support from IMDA and UOB
Global technology firm Microsoft has launched the AI QuickStart program, a new initiative to help digitally mature enterprises – including small and medium-sized enterprises (SMEs) as well as large enterprises – known as Digital Leaders to rapidly deploy practical, enterprise-ready artificial intelligence (AI) solutions in Singapore.
Abu Dhabi’s G42 partners Vietnamese Consortium to form $1B AI data center in Vietnam
G42, the Abu Dhabi-based technology holding group, and a consortium comprising the FPT Corporation and the Viet Thai Group, have signed a framework cooperation agreement to develop $1 billion sovereign artificial intelligence (AI) capabilities and cloud infrastructure across Vietnam.
PropertyGuru appoints Yi-Wei Ang as Chief Product & Technology Officer
PropertyGuru Group, a Singapore-based property technology company, announced Monday the appointment of Yi-Wei Ang as Chief Product & Technology Officer.
Japan’s Menicon advances high-value ophthalmic manufacturing in Malaysia with $250M smart factory launch
Menicon Malaysia Sdn. Bhd., a wholly owned subsidiary of Japan-based Menicon Co., Ltd., and a global provider of comprehensive ophthalmic solutions spanning lens materials, design and lens care products, have on Thursday officially launched its MYR 1 billion ($250 million) new manufacturing plant at the Kulim Hi-Tech Park.
TikTok projects APAC’s creator commercial contribution to reach $1.2T by 2030
TikTok has forecasted that Asia Pacific (APAC)'s creator commercial contribution to reach $1.2 trillion by 2030, up 1.4 times from 2025.
