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Ekuinas acquires strategic minority stake in Malaysia’s pharmaceutical firm Ain Medicare

Ekuiti Nasional Berhad (Ekuinas) announced Tuesday its investment in Ain Medicare Sdn Bhd, a Bumiputera home-grown manufacturer of sterile parenteral pharmaceutical products.

Singapore fintech firm Aspire launches in United States

Aspire, the Singapore-based fintech firm, has announced its official launch in the United States on Tuesday.

Malaysia unicorn Carsome, Singapore CarTimes, Japan JACCS formalise auto financing partnership

Malaysia-based Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, Singapore's CarTimes Group, and Japan's JACCS have reached a strategic auto financing partnership in Singapore.

Temasek’s Xora Innovation leads NeuBird AI’s $19.3M funding

NeuBird AI, the US-based agentic artificial intelligence (AI) for production operations, has announced $19.3 million in an oversubscribed funding round led by new investor Xora Innovation, a Singapore-based deep tech venture capital firm backed by Temasek Holdings.

Malaysia-based Gobi Partners invests in payment firm Transak to support digital asset payment

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, has announced an unspecified investment in Transak, a company focused on enabling compliant transactions between traditional currencies and digital assets.

ASEAN carbon markets gain traction as climate risks intensify

ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by RHB Investment Bank revealed on Wednesday.

Singapore healthtech startup injewelme raises $1.2m to advance AI monitoring technology

Catalytic Capital for Climate and Health (C3H), a catalytic investment vehicle of Temasek Trust, has led a US$1.2 million funding round in Singapore-based AI healthtech startup injewelme, C3H said in a press release on Wednesday.

KBank, StraitX, Grab team up to expand Q Wallet to enable Thailand–Singapore cross-border payments

Thailand's KASIKORNBANK (KBank) has teamed up with Singapore's StraitsX and Grab to expand Q Wallet to enable Thailand–Singapore cross-border payments.

Singapore AI startup OnSite raises $1.3M to solve construction inefficiencies

OnSite, a Singapore-based startup developing an AI-powered communication platform for the construction and facilities management industry, has raised S$1.7 million ($1.3 million) in a seed funding round.

Agentic commerce spending can reach $1.5 trillion by 2030, study finds

A new study by the UK-based Juniper Research projects that spending on agentic commerce will reach $1.5 trillion by 2030, rising from early pilot deployments expected in 2025 and 2026.