On location

Vietnamese electric vehicles (EVs) maker VinFast has officially launched its premium electric sport utility vehicles (SUVs) in India.

The Monetary Authority of Singapore (MAS) announced Monday hat the Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, has achieved its first close with $510 million of committed capital from global and regional private, public and philanthropic institutions.

Greenitio, a Singapore-based startup developing functional biopolymers for cosmetics and specialty chemical applications, has raised $1.5 million in Seed funding to accelerate its path to commercial readiness.

MetaComp, a licensed cross-border foreign exchange and digital assets infrastructure provider headquartered in Singapore, and OSL Group, a Hong Kong-listed global compliant digital financial infrastructure platform, have announced a strategic partnership to foster compliant cross-border digital asset infrastructure between the two countries.

The SEA Monthly Funding Tracker for August 2025 highlighted a steep decline in funding across the region. Total funding in August stood at $84.1 million across 22 rounds, reflecting a 76.44 percent drop from July 2025 ($357 million) and a 65.04 percent fall year-on-year compared to August 2024 ($240.6 million).

Wellous said the collaboration covers consumer insight-sharing for target markets, co-development of new business approaches, brand reputation building, as well as authorised sales and promotion of Jung Kwan Jang products by Wellous in designated countries.

Analysts have stayed upbeat on Malaysia's renewable energy (RE) sector after the government's projects are gaining momentum.

Tapway Sdn. Bhd., Malaysia’s developer of Vision AI software, announced Monday the appointment of Advantech Co., Ltd., Appomax Co., Ltd., and S I Media Co., Ltd., as its official channel partners in Thailand.

SME Corp. Malaysia has collaborated with microLEAP to offer MYR 35 million ($8.29 million) grant-convertible financing for small and medium-sized enterprises (SMEs) in Malaysia.

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with Axis Bank, one of the largest private sector banks in India, to provide auto and inventory financing for its exclusive dealer network.