On location

Malaysia’s digital investments surge 125 percent quarter on quarter in second quarter

Malaysia’s digital investments under the Malaysia Digital (MD) national strategic initiative surged by 125 percent to MYR 29.47 billion (6.95 billion U.S. dollars) in the second quarter of 2025, rising from MYR 13.11 billion ($3.09 billion) in the first quarter, Malaysia Digital Economy Corporation (MDEC) said Monday.

Maybank sees ASEAN e-commerce offers compelling growth runway

Despite structural headwinds in traditional Western markets, Maybank Investment Bank sees Chinese e-commerce platforms are demonstrating adaptability through logistics optimization, business model evolution, and strategic regional pivoting, and ASEAN, in particular, offers a compelling growth runway, driven by rising digital adoption, underpenetrated retail…

Malaysia set to unveil AI guidelines for media, PR & digital content creation – report

The guidelines are to complement the country’s National AI Roadmap and uphold ethical, transparent and trustworthy communication practices as artificial intelligence (AI) increasingly shapes public discourse, according to national news agency Bernama.

Grab officially launches taxi in Singapore

Southeast Asia's superapp Grab has officially flagged off the first batch of GrabCabs on last Wednesday, marking a new chapter in Singapore’s taxi landscape with a pioneering fleet of sleek, eco-friendly vehicles designed to enhance ride availability and commuter experience across the island.

Tracxn : SEA FinTech funding falls 22 percent year on year to $776M in the first half

Southeast Asia Fintech players have raised a total of $776 million in the first half of 2025, up 31 percent from $593 million in the second half of 2024, but down 22 percent as compared to $1 billion raised in the first half of 2024, Tracxn said Monday.

Maybank sees strong AI growth potential in ASEAN amid modest VC funding

Maybank Investment Bank said Monday that venture capital (VC) investment in ASEAN artificial intelligence (AI) remains small - only $6 billion between 2020 to 2024, highlighting room for growth, especially in Malaysia.

Insurer FWD makes debut on Hong Kong bourse

Hong Kong's insurer FWD Group Holdings Limited has on Monday commenced its first day of trading on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) under the stock code 1828.

Ant International launches built-in end-to-end AI travel companion for digital wallet, super app users with partners

With launch partners including Fliggy, Agoda and Trip.com, Ant International has introduced Alipay+ Voyager, an artificial artificial intelligence (AI) travel companion integrated into digital wallets for the travel industry to simplify and enhance travel experiences for global consumers.

Analyst sees limited impacts on Malaysia’s data centers despite Malaysia & Thailand may be on US AI chips restriction list

MIDF Research said Monday that it sees limited impacts on Malaysia's data centers despite Malaysia and Thailand may be on US's artificial intelligence (AI) chips restriction list.

TNGlobal Tracker: Startup Funding Snapshot for June 2025 – Funding recovers slightly but lags behind y-o-y

The Southeast Asia (SEA) Monthly Funding Tracker for June 2025 shows a modest recovery from the previous month, with total funding of $284.7 million across 10 rounds. This reflects a 2.12 percent increase from May 2025 but marks a 37.27 percent decline compared to $453.8 million in June 2024.