On location

Southeast Asia’s “super app” Grab earns revenue $3.37B in 2025, Malaysia remains biggest market

Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.

Ant International: Trusted FinAI is a key growth engine for agentic commerce

Behind the scenes, the technology infrastructure landscape is also rapidly shifting. Digital wallets are gaining share across online and offline transactions. Card tokenisation is scaling. Open banking is expanding. Could payment technologies – as the common layer underpinning all commerce – provide a growth catalyst for businesses to evolve and succeed in…

Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration

PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.

Malaysia-based Gobi Partners seeks to join Vietnam’s $19M VC initiative

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.

Vietnam’s Ho Chi Minh City to facilitate AMD to invest in R&D center

Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.

Gobi-backed CompAsia targets $101M-$126M Main Market IPO in 1H 2027 – report

Lim said the funds raised from the IPO would mainly be utilised for working capital, to develop its device ownership plan and to strengthen its omnichannel presence to ensure a seamless experience between online and physical retail in Malaysia.

GXBank to focus on deepening existing capabilities, ensuring unit economics remain as robust as its growth [Q&A]

We talked to Kaushik Chowdhury, ‍Chief Executive Officer of GXBank, to learn more about GXBank’s achievements in 2025 and its plans and aspirations for 2026. He also shared his views on the outlook of the digital banking industry in Malaysia.

Taiwan’s IC design firm Fitipower establishes presence in Malaysia

Taiwan-based Fitipower Integrated Technology Inc., an integrated circuit (IC) design company, has established its presence in Malaysia.

Rio Tinto partners with AI Singapore to strengthen AI capabilities

Global miner Rio Tinto has signed a memorandum of understanding (MOU) with AI Singapore (AISG) to develop and scale artificial intelligence (AI) solutions that address operational challenges across its supply chains.

Hong Kong Trade Development Council launches GreenBiz campaign in Thailand

The Hong Kong Trade Development Council (HKTDC) opened the GreenBiz HK campaign in Bangkok on Wednesday, promoting collaboration between Hong Kong and Thailand in green economy.