SEA

China’s SUV brand JETOUR to launch in Malaysia & Indonesia as soon as this month

In 2023, JETOUR Auto's total annual sales reached 315,167 vehicles, a 75 percent increase year-over-year. It is also worth noting that JETOUR's international exports experienced a remarkable year-over-year increase of 147 percent, far surpassing the overall industry level and reaffirming its status as the fastest-growing new cutting-edge SUV brand in China,…

Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year

Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.

ORIGIN Innovation Awards Extended to Integrate with ORIGIN Conference for Maximum Innovator Impact

TNGlobal today announces the extension of the ORIGIN Innovation Awards to deliver an even more impactful and rewarding experience for finalists and winners, especially given upcoming events co-organized by TNGlobal, including the ORIGIN Conference.

Flourish Ventures adds senior global investment team to lead India, SEA

Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will lead the global firm's fintech investments and portfolio management in India and Southeast Asia.

Microsoft announces AI skilling opportunities for 2.5M people in the ASEAN region by 2025

American technology firm Microsoft has on Tuesday announced a commitment to equip 2.5 million people in member states of the Association of Southeast Asian Nations (ASEAN) with artificial intelligence (AI) skills by 2025.

JETOUR showcases hybrid off-road innovation at Beijing Auto Show; prepares entry into right-hand drive, European markets

Over the past years, JETOUR said it has demonstrated exceptional growth and a burgeoning dominance in the SUV segment. The company boasts the seventh position in China's automotive export volume and ranks second in growth rate, indicating its undeniable global impact.

Chinese EV manufacturer Chery to invest in Thailand – report

Chery aims to use Thailand as a production base to meet the domestic demand for right-hand drive EVs, as well as export the vehicles to Asean countries, Australia and the Middle East, the report added.

New Zealand commits $25M for ADB’s Energy Transition Mechanism

The government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia.

FedEx : Southeast Asia emerges as top growth market for APAC region

Southeast Asia has emerged as top growth market for Asia Pacific (APAC) region, FedEx Express (FedEx) said Wednesday. Its survey reviewed that 68 percent of respondents see the greatest potential for growth in Southeast Asian countries such as Thailand, Vietnam, and Indonesia.