SEA

Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity

A key highlight at the symposium is the showcasing of Malaysia’s cross-border QR payment linkages with Indonesia, Singapore, and Thailand. It features an exhibition with food vendors from Malaysia, Indonesia, Singapore, and Thailand.

Nokia, NAVER Cloud collaborate to bolster digital transformation in Southeast Asia

Finnish telecom equipment maker Nokia Nokia and South Korean technology firm NAVER Cloud Corp. announced Thursday that they have signed a Memorandum of Understanding (MoU) to bolster the digital transformation in the Southeast Asia (SEA) region.

Green investment in SEA falls 7 percent year-on-year to $5.2B in 2022, a report shows

Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.

Capital A plans to launch ride-hailing in the Philippines challenging Grab – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…

ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities

The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…

Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics

Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).

Singapore’s Sea Ltd winds down investment arm – report

New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.

Society Pass’s Thoughtful Media acquires Indonesia-based KOL management agency Newave Strategic

Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Wednesday announced the acquisition of Newave, an Indonesia-based KOL management agency.

ORIGIN Conference: Next Generation: Different Breeds of Unicorns

The panelist first discussed about what are the key ingredients needed to build a successful startup in modern Southeast Asia. They also shared their company's strategies and plans, and the latest trends in their respective industries, among other issues.

KAF-Carsome consortium targets to launch digital bank as early as year-end

Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.