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The collaboration will utilize Indosat’s ecosystem of over 100 million users to offer protection solutions to various segments of society. Zurich will provide products through Indosat’s app, including reimbursement of postpaid bills and travel insurance for flight cancellations, lost luggage, and emergency medical needs.

Bateriku.com said this capital infusion is set to propel the company’s growth across Malaysia and throughout Southeast Asia, with Indonesia and Singapore as the first international markets targeted for expansion and replication of its innovative business model.

According to Bloomberg, proceeds of the deal will be partly used to refinance an existing $5 billion dual-tranche facility the group had raised in 2021.

Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.

BillEase, a digital consumer finance platform based in the Philippines, has on Tuesday announced TPG's The Rise Fund has signed definitive documentation to lead a significant strategic investment in the company.

Singapore Telecommunications Limited (Singtel) and GMI Cloud, an United States-based artificial intelligence (AI)-native GPU cloud platform, have announced a strategic collaboration to expand GPU capacity by combining both companies' GPU resources and infrastructure, democratizing the availability of high-powered computing for enterprises.

Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.

Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.

Tokyo Stock Exchange, Inc. (TSE) has announced the additional partners for its TSE Asia Startup Hub, which was launched on March 25, with the aim of building an ecosystem that supports the growth of promising Asian startups.

Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…