SEA

Malaysia’s unicorn Carsome raises over $30M in a strategic fundraising round

With the support from the HKIC, Carsome will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers Carsome for its regional expansion.

Vietnam’s EV manufacturer VinFast reports $3.9B net loss in 2025

VinFast, the electric vehicle (EV) manufacturer under Vietnam's top conglomerate Vingroup, reported a revenue of $3.6 billion and delivery of 196,919 vehicles in 2025, according to its preliminary and unaudited financial results released on Tuesday.

Indonesia’s ACV Capital: SE Asia venture market has stabilised, but recovery remains uneven across countries & sectors [Q&A]

We talked to Helen Wong, Managing Partner at ACV Capital, to learn more about AVC Capital’s achievements in 2025 and its plans and aspirations for 2026. She also shared her views on the outlook of tech ecosystem in Indonesia and Southeast Asia for 2026.

Ant International becomes official sponsor of Argentine national football team in Asia region

Singapore-based Ant International has announced a partnership with the Argentina National Football Team, becoming an official sponsor of the team in the Asia region, excluding the Middle East.

Wavemaker Impact leads $700K pre-seed investment in Singapore’s Virdalis

Virdalis, a Singapore-based biotechnology company developing protein from Wolffia globosa—commonly known as duckweed—has secured US$700,000 in pre-seed funding led by Wavemaker Impact.

Hong Kong-headquartered insurer FWD Group announces senior leadership appointments

FWD Group Holdings Limited has announced several senior leadership appointments, including David Junius as Managing Director & Group Chief Financial Officer (CFO) from July 1, 2026; Alex Wong as Group Chief Actuary; and Khun Knattapisit Krutkrongchai as Chief Executive Officer for Thailand effective May 11, 2026.

GrabForGood Fund commits $3.2M for community program in Southeast Asia

Grab Holdings announced a $3.2 million commitment for 2026 from the GrabForGood Fund to support education, community care and disaster relief programs across Southeast Asia, the Singapore-headquartered technology giant said in a release last Friday.

Singapore’s Grab provides immediate, interim relief for drivers as oil price surges

Beyond this initial one-time support, Tan said the company is in active discussions with governments, petrol companies, and EV partners to secure more sustainable, long-term ways to protect its "driver- and delivery-partners’ earnings."

OCBC sees geopolitical tensions to accelerate clean energy transition

Geopolitical tensions in the Middle East are reshaping the global energy landscape and accelerating the shift toward clean energy, according to OCBC Group Research. The disruption of oil and gas markets and supply chains caused by the conflict underscores the vulnerability of energy-dependent economies and highlights the urgency for diversification and…

Digital Penang aims to aim to enhance founder readiness through structured programs, talent development initiatives & stronger corporate linkages [Q&A]

We talked to Ng Kwang Ming, Chief Executive Officer at Digital Penang, to learn more about the agency’s achievements in 2025 and its plans and aspirations for 2026.