News

Fasanara and IFC launch new strategy to expand access to finance for MSMEs in emerging markets

Global fintech firm Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, have announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.

Indosat Ooredoo Hutchison sets up Security Command Center in Indonesia with Cisco

Indosat Ooredoo Hutchison (Indosat), has officially launched its Security Command Center (SCC) in Jakarta, marking a significant leap forward for Indonesia’s digital resilience as artificial intelligence (AI) rapidly transforms the threat landscape.

Sea’s revenue rises 36.4 percent year on year in 2025

Singapore-based tech giant Sea saw its revenue jump 36.4 percent year on year to $22.9 billion in 2025, with gross profit growing 42.2 percent year-on-year to $10.2 billion.

Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth

CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.

Malaysia’s Aonic secures $10M to take home-grown drone technology global

The Series A funding round is led by Kairous Capital, a regional private equity and venture capital firm backed by Jelawang Capital, Malaysia’s National Fund-of-Funds through its Emerging Fund Managers’ Program.

Singapore-based Open Campus, Vietnam’s L&A and SKALE pilot credential-based job matching

Open Campus, a Singapore-based decentralized autonomous organization (DAO) focused on blockchain applications in education, will collaborate with Vietnam’s Le & Associates (L&A) and SKALE to pilot a credential-powered job matching initiative in Vietnam.

Gobi Partners invests in Cortical Labs, expands biological computing hub

Asia-focused venture capital firm Gobi Partners has invested in Cortical Labs, a biotechnology company developing computing systems that combine living human neurons with silicon hardware.

Malaysia calls for feedback on sustainable finance taxonomy

Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) are collaborating to develop the Malaysia Taxonomy for Sustainable Finance.

India-based Fynd enters Indonesia, to boost AI retail transformation

Fynd aims to address these challenges through its unified AI-native commerce ecosystem. The platform integrates in-store systems, e-commerce, design, production, and supply chain management into a single architecture.

Singapore launches National AI Impact Program to strengthen AI capabilities across enterprises and workers

The Ministry of Digital Development and Information (MDDI) announced Monday the launch of the National AI Impact Program (NAIIP), to strengthen Singapore's artificial intelligence (AI) capabilities across enterprises and workers.