SEA
GXS Bank acquires Validus Group’s Singapore business
GXS Bank announced Monday that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group).
ACMF releases simplified guidance for ASEAN SMEs in supply chains (Version 1)
The ASEAN Simplified ESG Disclosure Guide for SMEs in Supply Chains (ASEDG) Version 1, was launched this week by the ASEAN Capital Markets Forum (ACMF) on the sidelines of the ASEAN Finance Ministers and Central Bank Governors Meeting in Kuala Lumpur, Malaysia.
The National Bank of Cambodia formally joins the regional payment connectivity initiative
The National Bank of Cambodia (NBC), the central bank of Cambodia, has officially joined the Regional Payment Connectivity (RPC) initiative, further strengthening regional financial integration in Southeast Asia.
Tracxn: Southeast Asian FinTech ecosystem funding plunges 66 percent on year in first quarter
The Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday.
J&T Express reports 31.2 percent parcel volume growth in first quarter
J&T Global Express Limited (J&T Express), a global logistics service provider, announced Thursday that the company achieved a total parcel volume of approximately 6.6 billion in the first quarter of 2025, a 31.2 percent year-over-year increase.
Workday appoints Jess O’Reilly as new ASEAN leader
Workday, Inc., the global artificial intelligence (AI) platform for managing people, money, and agents, has on Wednesday announced the appointment of Jess O'Reilly as the General Manager for its ASEAN business.
Maybank sees acquisition of Gojek to be the most favorable scenario for Grab
While there have been numerous media reports in the past weeks of a potential merger between Grab and GoTo, Maybank Investment Bank opined that acquisition of Gojek would be the most favorable scenario for Grab, leading to maximum synergies while preserving balance sheet strength.
Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme
Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.
Carsome partners with Google Cloud, Searce to enhance car transaction, ownership experience
Southeast Asian car e-commerce platform Carsome Group Inc. has on Thursday announced a multi-year collaboration with Google Cloud, and Searce to fuel its continued expansion and growth in the markets where it operates.
Pentagreen, BII announce $80M financing with ib vogt Singapore to catalyze greenfield solar, battery storage projects across SEA
Pentagreen Capital and British International Investment (BII) have announced a joint financing of $80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia in collaboration with leading international renewable energy development platform ib vogt Singapore Pte. Ltd. (ib vogt).
