On location

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has partnered with HashKey Group, a Hong Kong-based digital asset financial services group in Asia, to accelerate Web3 innovation and drive business growth.

Temasek-based investment firm SeaTown Holdings International announced Wednesday its investment via SeaTown Private Capital Master Fund (SeaTown PCap Fund) in AddVita, a Singapore headquartered healthcare and life sciences distribution company.

Rabbit Care, Thailand’s direct-to-consumer insurance comparison platform and a subsidiary of BTS Group, has acquired GluayGluay.com, one of Thailand’s digital motor insurance brokerages, cementing its leadership as the top consolidator in Thailand’s fragmented insurance broker market.

Malaysia's energy and environmental solutions firm Malakoff Corporation Berhad has partnered premium vehicles manufacturer HICOM Automotive Manufacturers (Malaysia) Sdn. Bhd. for a solar project in the country.

Maybank Investment Bank said Wednesday that Indonesia's new logistics rules to benefit third-party logistic providers.

Quantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday.

StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain.

Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series - Fund 2 (I-III).

Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.

The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.