Asia

91 percent of ASEAN enterprises expect GenAI disruption within 18 months – study

91 percent of ASEAN enterprises expect generative artificial intelligence (GenAI) disruption within 18 months, with 16 percent having introduced GenAI applications into the production environment and 84 percent in the initial testing phase, a study showed Tuesday.

Singapore’s Origgin Ventures launches $30M fund and Japan hub in Fukuoka

Origgin Ventures, a venture co-creation firm from Singapore, has announced the official launch of its $30 million Origgin Ventures Japan (Origgin Japan) in Fukuoka.

Singapore’s Tazapay lands strategic investments from Ripple and Circle

Tazapay, a Singapore-based cross-border payments infrastructure platform, announced Tuesday the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan).

Malaysia’s Iris Capital seeks to raise $200M for new private credit & private equity fund – report

The firm is seeking cash for a new private credit and private equity fund, managing partner Rachel Lau said in an interview with Bloomberg.

B Strategy to launch $1B U.S.-listed BNB Treasury Company with YZi Labs’ support

B Strategy, an investment firm focused on digital assets, announced Tuesday it will launch $1 billion U.S.-listed BNB Treasury company with Hong Kong-based YZi Labs’ support (formerly Binance Labs).

VinFast India partners with State Bank of India to offer EV financing

VinFast Auto India, a subsidiary of Vietnamese electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with State Bank of India (SBI), the nation’s largest bank, to provide retail car financing through its exclusive dealer network.

Gentari partners with UltraTech to commission India’s hybrid RTC renewable energy project

Malaysian clean energy solutions company Gentari has partnered with UltraTech Cement, India’s largest cement and ready-mix-concrete company, to fully operationalize the country’s first-of-its-kind on-site Hybrid RTC renewable energy project.

Singapore’s Startale partners Japan’s SBI to develop OnChain trading platform for tokenized stocks and RWAs

Startale Group, a Singapore-based crypto infrastructure firm, and SBI Holdings, a Japan-based financial group, have announced a strategic joint venture to launch an onchain trading platform focused on tokenized stocks and real-world assets (RWAs).

Singapore’s X0PA AI establishes Dubai regional headquarters to expand AI-native recruitment platform to Middle East

X0PA AI, a Singapore-headquartered artificial intelligence (AI) recruitment platform, has established Dubai as its regional headquarters for Middle East operations, the company announced Wednesday.

GCash expands global payments with Alipay+, Mastercard

Philippine fintech player GCash has launched a new payment innovation, introducing a next-generation contactless solution that offers convenience, security, and global reach with partnership with Alipay+, Mastercard.