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Volopay secures major payment institution license in Singapore

Singapore-based FinTech startup Volopay.Co Pte Ltd., has been granted an in-principle approval (IPA) for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

China’s Huawei featured in Singapore’s Best Employers List for 2023

Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research firm Statista on Tuesday.

City Energy partners Gentari for hydrogen import and cross-border EV charging networks

Singapore's gas utility provider City Energy and Petroliam Nasional Bhd (Petronas)'s clean energy solutions provider Gentari Sdn Bhd (Gentari), have signed two memoranda of understanding (MOU) to jointly conduct feasibility studies of a hydrogen supply chain between the two countries, and create electric vehicle (EV) charging network.

Malaysia’s MDEC eyes $230M digital investments by 2025

The Malaysia Digital Economy Corp (MDEC), a Malaysian government agency tasked to lead the digital transformation in the country, is eyeing MYR1 billion ($230 million) worth of digital investments from nine sectors by 2025, through its Malaysia Digital Catalytic Programs (Pemangkin).

Australia’s Saluda Medical closes $150M equity financing led by Wellington Management

Saluda Medical Inc., an Australia-based global medical device company, has announced the closing of a $150 million equity financing round led by new investor Wellington Management.

Indonesia aims green energy transition with the development of Nusantara at Hannover Messe 2023

The Indonesia government has affirmed its commitment to green energy in building the new capital city, Nusantara, at the largest Industrial and technology exhibition, Hannover Messe 2023 in Germany.

Funding Societies crosses $3B in SME lending

Funding Societies | Modalku, the Singapore-based unified small and medium-sized enterprise (SME) digital finance platform, has on Tuesday announced it has achieved $3 billion over more than 5 million transactions of business financing to SMEs across the Southeast Asian region.

Malaysia’s Care Concierge aims to set up caregivers academy and technology app with GDIV funds

Malaysian home care services provider for elderly Care Concierge aims to utilize the funding it received from the Gobi Dana Impak Ventures (GDIV) fund in setting up caregivers academy and technology app.

Tokio Marine, Finology, KirimMan partner to offer insurance to gig economy workers in Malaysia

Tokio Marine Insurans (Malaysia) Berhad (Tokio Marine), a subsidiary of Japan-based insurance firm Tokio Marine Holdings Inc., has partnered with Malaysia-based logistic solution KirimMan and Malaysia-based fintech company Finology, to offer affordable insurance products for gig economy workers in Malaysia, with a focus on delivery riders.

Grab launches new features for Southeast Asia travellers

Grab, Southeast Asia’s leading superapp, has on Monday announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback.