Asia

5 Central Asian startups pitch PETRONAS, Alibaba Cloud at Kuala Lumpur demo day

Big Sky Capital, in partnership with Malaysia's venture program GUIDE and supported by Kazakhstan's innovation agency Astana Hub, has concluded a two-month SEA Enterprise Technology Launchpad program for B2B enterprise and industrial technology startups from Central Asia.

China’s Tencent Cloud helps Pakistan’s tapmad streaming platform reach 7M concurrent viewers for football

Tencent Cloud, the cloud business under Chinese giant Tencent, has partnered with Pakistan's leading streaming platform tapmad to deliver live coverage of a major international football tournament to viewers across Pakistan, supporting more than 7 million concurrent viewers at peak with 99 percent uptime and ultra-low latency.

ASEAN+3 should combine AI, energy and payments to limit new dollar dependence

ASEAN+3 economies need to bring together artificial intelligence (AI), energy infrastructure and digital payment systems to navigate a potential new wave of dollar dependence as AI reshapes the global economy, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Thursday.

Hong Kong’s HashKey proposes to acquire entire equity interests in Singapore’s APEX

Hong Kong digital asset financial services group HashKey Holdings Limited announced Wednesday that its wholly-owned subsidiary, HKDAG (Singapore) Pte. Ltd, has entered into a non-legally binding framework agreement with the major shareholder of Asia Pacific Exchange Pte. Ltd. (APEX) and APEX in relation to a possible acquisition of the entire equity…

Dubai’s reward platform Bundle raises $5.5M pre-seed, to expand to Singapore, Philippines, Vietnam

Dubai-based Bundle, a networked rewards platform that allows businesses to pool their marketing budgets into shared prize funds, has raised $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures.

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

Driven by fundamentals, not valuations: Khazanah-backed PolicyStreet CEO outlines strategy after $26M Series C

Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.

Cryptocurrency holds steady in global affluent portfolios; Malaysia, Singapore investors seek alternatives: HSBC

Cryptocurrencies account for 6 percent of the mean asset allocation among affluent and high net worth investors globally in 2026, down one percentage point from 2025, according to the HSBC Affluent Investor Snapshot 2026.

China’s BYD, Australia’s Smart to jointly integrate novated leasing into EV purchase process

China's electric vehicle (EV) manufacturer BYD and Australia's salary packaging and novated leasing provider Smart will jointly offer BYD and DENZA electric vehicles available through novated leases to more than 2.5 million Australians employed by Smart's clients.

Visa, China’s Lianlian complete first live B2B agentic payment transaction using AI agent

US payments company Visa and China's Lianlian DigiTech have completed their first live business-to-business agentic transaction using LoopXPay, Lianlian's AI agent, in which the agent sourced a product sample from a supplier and completed the purchase within a single automated workflow.