On location

Temasek’s ClavystBio backs UK biotech Cirrus Therapeutics’s $11M funding

Cirrus Therapeutics, an United Kingdom-based ocular immunology-focused biotech, announced Wednesday the close of an $11 million seed financing to advance its pipeline of gene and cell therapies aimed at improving quality of life and extending the ocular healthspan of patients with chronic blinding diseases.

Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M

Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic Ventures, Spice Expeditions and Platanus.

SC-led committee issues illustrative sustainability reports to guide companies on ISSB standards

Securities Commission Malaysia (SC)'s Advisory Committee on Sustainability Reporting (ACSR) has on Tuesday issued the Illustrative Sustainability Reports (ISRs) based on the ISSB Standards, to support sustainability disclosures under the National Sustainability Reporting Framework (NSRF).

VinFast India partners with State Bank of India for EV financing solutions

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with State Bank of India, the largest bank in India, to provide inventory financing for its exclusive dealer network.

Thailand crypto ETF push expands beyond bitcoin – report

Currently, Thai investors can gain crypto exposure by buying tokens directly or pouring money into funds managed by licensed asset management companies that invest only in overseas cryptocurrency ETFs. The new initiative would go beyond those limitations, the report added.

GrabMaps partners Tino to build advanced digital map of Mongolia

GrabMaps, Southeast Asia’s hyperlocal mapping service, is partnering with Tino, Mongolia’s superapp, to build an advanced digital map of Mongolia.

AlphaTON to acquire 51 percent stake in Animoca’s gaming arm GAMEE

AlphaTON Capital Corp., a global digital asset treasury company, intend to acquire 51 percent stake in GAMEE, a wholly owned subsidiary of Hong Kong-based gaming firm Animoca Brands.

UOB rolls out organization-wide upskilling initiative for AI-enabled workplace

Singaporean bank UOB announced Wednesday an organization-wide artificial intelligence (AI) upskilling and reskilling initiative to future-proof its workforce.

Kenanga sees Malaysia’s technology firms well placed to ride global recovery

Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.

Thunes, BSF unite to transform cross-border remittances from Saudi Arabia

Thunes, the Singapore-based payment firm, announced Wednesday that it has signed an memorandum of understanding (MOU) to form a strategic alliance with Banque Saudi Fransi (BSF), one of Saudi Arabia’s financial institutions, to transform cross-border remittances from the region.