News
Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report
The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.
Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region.
NVIDIA-backed MetAI secures $4M seed funding to redefine physical AI training through digital twins
Investors include Addin Ventures, Kenmec Mechanical Engineering, NVIDIA, Solomon Technology, SparkLabs Taiwan, and Upstream Ventures.
BDx Data Centers partners APJII to boost Indonesia’s digital infrastructure
BDx Data Centers, an Indonesia-based data center operator, has announced a data center cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.
Indonesia’s Bythen raises $5M in seed funding led by Vector, Skystar Capital
Bythen, an Indonesia-based platform that creates ownable digital characters for virtual creators, has announced it has raised $5 million in a seed round of financing led by Vector Inc. and Skystar Capital.
Malaysia’s Yinson Production secures $1B investment from consortium of international investment firms to drive further growth
Malaysia-based floating storage, production and offloading (FPSO) vessels operator Yinson Production has secured $1 billion investment from consortium of international investment firms to drive further growth.
Maybank foresees Malaysia’s EMS to benefit from trade diversion and data center boom
Maybank Investment Bank has foreseen the Malaysian electronics manufacturing services (EMS) sector’s earnings to rebound in 2025, underpinned by trade diversion and data center (DC) boom.
YTL Digital Bank secures digital banking license to launch in Malaysia
The Ministry of Finance (MoF) of Malaysia has approved the issuance of a digital banking license to YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited.
Grab, BYD team up to expand electric vehicle fleet offering across Southeast Asia
Singapore-based superapp Grab and China-based automaker BYD have on Wednesday announced a regional partnership to expand access to up to 50,000 BYD electric vehicles (EVs) to Grab’s driver-partners across Southeast Asia, while increasing the availability of green vehicles to Grab users.
E-commerce platform Shopee partners Malaysia’s Takaful IKHLAS to offer Shariah-compliant motor insurance
The latest addition to Shopee’s growing suite of digital insurance and takaful offerings, IKHLAS Private Car Comprehensive Plus Takaful, aims to provide holistic, Shariah compliant motor takaful protection to users.
