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Grab, GoTo may face new rules as Singapore reviews ride industry – report

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.

IFC doubles investments in Pakistan to $1.5B

IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.

Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry

In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.

IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026

VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.

Cradle Fund & Bursa Malaysia collaborate to facilitate listing of local startups on Malaysia stock exchange

This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and offer comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO), according to a statement released by the…

Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia

The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.

Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report

Carsome is ready for an initial public offering (IPO) but is in no rush to list.

SUSI Partners to acquire sizeable commercial & industrial solar PV projects in Southeast Asia

Swiss-based fund manager SUSI Partners, through its Asia Energy Transition Fund, has entered into a partnership with experienced clean energy developer BayWa r.e. for the development, construction, and operation of commercial and industrial solar PV projects in Malaysia, Thailand, Vietnam, the Philippines, and Indonesia.

Tencent Cloud launches inaugural Web3 Product Tencent Cloud Blockchain RPC for developers & enterprises

Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.