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News,Malaysia,Digital Transformation
83 Malaysian tech companies ink MOUs in Indonesia, generating $107M digital exports
83 Malaysian tech firms ink 26 memorandum of understandings (MOUs) in Indonesia, generating over MYR 450 million ($107 million) in digital exports and boosting ASEAN artificial intelligence (AI), cybersecurity ties.
July 3, 2025
How Southeast Asia is building the backbone of a billion-dollar esports economy
While global titles like Counter-Strike 2, Dota 2, and Valorant draw millions of viewers, the real transformation is happening behind the scenes as countries across the region invest in technology, talent and new business models.
July 3, 2025
News,Venture Capital,Philippines
DTI partners P&G to transform startup innovations into solutions for large enterprises in the Philippines
Procter & Gamble (P&G) Philippines, part of the global manufacturer The Procter & Gamble Company, has partnered with the Department of Trade and Industry (DTI) and QBO Innovation, the Philippines' top startup support organization, to expand the vGROW Program to a broader network of startups across the country.
July 3, 2025
Cradle, NEXEA’s MYStartup Accelerator has supported over 50 startups to date
MYStartup Accelerator Cohort has to date supported over 50 startups and facilitated a total investment of just under MYR 5.5 million ($1.3 million) by NEXEA angel investors — playing a key role in advancing Malaysia’s position as a regional startup hub.
July 3, 2025
FPT partners Standard Chartered-backed audax Financial Technology for digital banking solutions, targeting $100M revenue
Vietnam-based information technology (IT) services provider FPT has formed a strategic alliance with audax Financial Technology (audax), a digital banking technology solutions provider backed by Standard Chartered.
July 3, 2025
News,Electric Vehicles & Mobility,Singapore
Singapore’s Beam and Neuron to merge, solidifying APAC E-Scooter leadership
Singapore-based international e-scooter operators Beam Mobility and Neuron Mobility have signed a preliminary agreement as they work towards a merger that will solidify their micro mobility leadership in Asia Pacific.
July 3, 2025
Vietnam’s AI Hay secures $10M in Series A funding round led by Argor Capital
AI Hay, a Vietnam-based artificial intelligence (AI)-powered knowledge discovery platform, announced Wednesday the successful close of its $10 million Series A funding round, led by Argor Capital, a Southeast Asia-focused venture capital.
July 2, 2025
News,Singapore,Malaysia,AI,Philippines
Alibaba Cloud announces new data centers in Malaysia, the Philippines
To meet the growing demand for cloud and artificial intelligence (AI) services across Southeast Asia, Alibaba Cloud has announced the launch of its third data center in Malaysia on July 1, 2025.
July 2, 2025
Philippine proptech firm Lhoopa eyes regional expansion following 2.5x growth in home sales
The Philippines-based proptech company Lhoopa is eyeing regional expansion following its 2.5 times growth in homes sold in the first half of 2025 compared to the same period last year.
July 2, 2025
Malaysia’s Gamuda partners landowners to co-develop RE projects in Central Tasmania
Malaysia-based engineering, property and infrastructure firm Gamuda said its wholly owned Australian subsidiary Gamuda Holdings Pty Ltd has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy (RE) projects in Central Tasmania.
July 2, 2025