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1337 Ventures invests in Philippines-based AI-powered HR tech startup Betterteem

Malaysia-based venture capital firm 1337 Ventures has invested in Betterteem Technologies, Inc., a Philippine-based business intelligence platform that leverages artificial intelligence (AI) to predict and mitigate employee resignations while enhancing workplace satisfaction.

Kaya Founders backs five startups in the Philippines

Philippine-based early stage venture capital firm Kaya Founders has on Tuesday announced three new investments and two follow-on investments to start 2025, bucking the trend around Southeast Asia’s muted funding and dealmaking activities for early-stage companies over the past few quarters.

VinFast signs MOU with JIGA to expand service network in the Philippines

Vietnamese automaker VinFast and MGA.414 Corporation which operates the JIGA auto service chain, have officially signed a Memorandum of Understanding (MOU) to expand the network of service centers for VinFast electric vehicles (EVs) in the Philippines.

Carsome, FAM ink two-year partnership to strengthen Malaysian football

The Football Association of Malaysia (FAM) and Malaysian online used car trading platform Carsome have announced a two-year partnership worth nearly MYR 2 million ($451,000), naming Carsome as the official automotive partner and reinforcing their shared commitment to strengthening Malaysian football.

Alibaba’s Tsai warns of a ‘bubble’ in AI data center build-out – report

Many of those projects are built without clear customers in mind, Tsai told the HSBC Global Investment Summit in Hong Kong on Tuesday.

YTL Communications partners Equinix, Transcelestial to drive AI cloud connectivity in Malaysia

Malaysian telecommunications firm YTL Communications has signed two Memorandums of Understanding (MOUs) with global digital infrastructure firm Equinix and laser communications technology firm Transcelestial to bring global artificial intelligence (AI) cloud connectivity and laser-based wireless technology to Malaysia.

UnaCash: one in four Filipinos have used BNPL; unique users rise to 28.4M in 2024

The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out of four Filipinos having tried the service at least once between 2018 until the end of 2024, UnaCash said Tuesday.

Catcha Digital acquires 92.5 percent stake in banking software firm Theta Service Partner for $7.9M

Malaysia's digital media firm Catcha Digital is acquiring 92.5 percent stake in banking software firm Theta Service Partner for MYR 35 million ($7.9 million).

Malaysia’s Deemples launches in Thailand after $2M funding

Deemples, a Malaysia-based golf platform and mobile app, has officially launched in Thailand - the region’s golf tourism hub that is dubbed the Golf Capital of Asia, after raising its $2 million funding last year.

Malaysia’s e-payments transactions continue to rise in 2024

Malaysian Central Bank said Monday that Malaysia is well on track to achieve the Financial Sector Blueprint 2022–2026 target of over 15 percent compounded annual growth in the average e-payment transactions per capita as e-payments transactions continue to rise in 2024.