On location

The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest.

WORQ, a Malaysia-based coworking and flexible workspace provider, has in a partnership deal with Bandar Utama City Group, to launch its latest outlet at KPMG Tower, 8 First Avenue in Bandar Utama.

Singtel and Tencent Games have on last Thursday announced the launch of Honor of Kings ∙ Cloud (HoK ∙ Cloud) using Singtel’s 5G network slicing technology.

Singapore-based Gill Capital Group, which manages fashion and lifestyle brands including H&M, ALO, and On Running in Southeast Asia, has partnered with Google Cloud to launch a first-of-its-kind generative artificial intelligence (GenAI) solution.

Vietnamese electric vehicles (EVs) maker VinFast has officially launched its premium electric sport utility vehicles (SUVs) in India.

The Monetary Authority of Singapore (MAS) announced Monday hat the Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, has achieved its first close with $510 million of committed capital from global and regional private, public and philanthropic institutions.

Greenitio, a Singapore-based startup developing functional biopolymers for cosmetics and specialty chemical applications, has raised $1.5 million in Seed funding to accelerate its path to commercial readiness.

MetaComp, a licensed cross-border foreign exchange and digital assets infrastructure provider headquartered in Singapore, and OSL Group, a Hong Kong-listed global compliant digital financial infrastructure platform, have announced a strategic partnership to foster compliant cross-border digital asset infrastructure between the two countries.

The SEA Monthly Funding Tracker for August 2025 highlighted a steep decline in funding across the region. Total funding in August stood at $84.1 million across 22 rounds, reflecting a 76.44 percent drop from July 2025 ($357 million) and a 65.04 percent fall year-on-year compared to August 2024 ($240.6 million).

Wellous said the collaboration covers consumer insight-sharing for target markets, co-development of new business approaches, brand reputation building, as well as authorised sales and promotion of Jung Kwan Jang products by Wellous in designated countries.