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Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital

Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).

Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia

Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).

Delivery Hero continues geostrategy optimization and exits Thailand

Delivery Hero SE, the Germany-based delivery platform, announced Wednesday that foodpanda, its Asia-based business, will stop operating its platform, food and grocery delivery services in Thailand on May 23, 2025.

Pepper Labs collaborates with Microsoft to boost AI fluency in Malaysia

Malaysian social enterprise Pepper Labs has embarked on a strategic collaboration with Microsoft to expand the artificial intelligence (AI) for Malaysia’s Future (AIForMYFuture) initiative, a skilling program designed to democratize AI fluency across Malaysia.

F5 expands global footprint with new point of presence in Indonesia

F5, a global multi cloud application security and delivery company, has on Wednesday announced the expansion of its global network with a new point of presence (PoP) site in Indonesia.

Google Pay rolls out integration of eWallets – ShopeePay and TNG eWallet in Malaysia

Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay's first eWallet integrations in Southeast Asia.

Singapore-based financial institution Penguin Securities secures MAS CMS license

Penguin Securities, a Singapore-based financial institution, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS).

Over $22.8 million investment secured by Malaysian startups under MYStartup in 2024

Over 4,300 startups onboarded, 17,000 individuals supported, and MYR 100+ million ($22.8 million) in investment secured last year, MYStartup Annual Report 2023/2024 showed Tuesday.

21 percent of SMEs in Malaysia are women-led: Strive Malaysia

Women-owned businesses, defined as 51 percent owned, managed, and controlled by one or more women, are on the rise, with micro and small women entrepreneurs (MSWEs) make up 21 percent of small and medium enterprises (SMEs) in Malaysia, a study by Strive Malaysia showed Tuesday.

​​Juspay establishes Asia Pacific hub in Singapore

Juspay, a global payment infrastructure solutions firm, has announced the opening of a new office in Singapore.