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PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia
Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub).
May 7, 2025
Boost Bank disburses $35.52M to hundreds of SMEs in Malaysia
Malaysia's digital bank Boost Bank said Tuesday it has disbursed close to MYR 150 million ($35.52 million) financing disbursements across hundreds of small and medium-sized enterprise (SMEs).
May 7, 2025
Indonesia’s DailyCo acquires B2B catering and canteen management services firm Waku
DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.
May 6, 2025
Singapore’s Nuevocor raises $45M Series B for Novel Cardiomyopathy therapy development
Nuevocor, a Singapore-headquartered IND-stage biotechnology company developing cures for cardiomyopathies driven by aberrant mechanobiology, has announced the successful completion of $45 million Series B financing.
May 6, 2025
SEA-6 green investments rise 43 percent year on year to $8 billion, led by solar and waste management
Southeast Asia-6 (SEA-6) - Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam - saw a notable 43 percent spike in private green investments to $8 billion in 2024 compared to the previous year, with Malaysia and Singapore contributing over 60 percent of deals, a report showed Tuesday.
May 6, 2025
News,Vietnam,Electric Vehicles & Mobility
VinFast officially launches VF 6 in Indonesia
Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official launch of the VF 6, a mid-size electric vehicle, in Indonesia.
May 6, 2025
News,Malaysia,Blockchain / Crypto
SC seeks public feedback on proposed framework on tokenization of capital market products in Malaysia
The Securities Commission Malaysia (SC) has on Tuesday published a consultation paper to seek public feedback on a proposed framework for tokenized capital market products.
May 6, 2025
Grab announces leadership appointments in Singapore and Vietnam
Grab, Southeast Asia’s superapp, announced Monday leadership appointments in Singapore and Vietnam, effective July 1, 2025.
May 6, 2025
Lightstorm completes integration of RTI Cables’ assets to strengthen data center connectivity in Asia, Australia, US
Lightstorm, a provider of digital network infrastructure connectivity solutions headquartered in Singapore, has announced the successful integration of the assets acquired from RTI Cables, further enhancing its global subsea and terrestrial network.
May 6, 2025
News,Digital Transformation,Vietnam
Vietnam’s IT firm FPT acquires German’s David Lamm Consulting
Vietnam-based information technology (IT) firm FPT Software announced Monday the full acquisition of David Lamm Consulting, a German IT consulting company highly experienced in the energy sector.
May 6, 2025