SEA

Cradle Live! Startup Asean Summit 2025 unites region to drive innovation & entrepreneurship

Organized by the Ministry of Science, Technology and Innovation (MOSTI) and its agency Cradle Fund Sdn Bhd (Cradle), with Alliance Bank as the Title Partner, the three-day summit brought together over 3,000 participants from all ASEAN Member States (AMS) and across the globe including government representatives, investors, ecosystem builders, and startups…

Winners of the Korea-Asean AI Development & Startup Competition 2025 announced at AI Youth Festa in KL

Organized under the Korea-ASEAN Digital Innovation Flagship Project (KADIF), the competition was jointly implemented by the National IT Industry Promotion Agency of Korea (NIPA), the ASEAN Secretariat, and Cradle Fund Sdn. Bhd. (Cradle) under the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia. The competition is funded by the ASEAN-Korea…

Grab raises full year guidance after Q3 revenue up 22 percent on year

Southeast Asia's superapp Grab Holdings Limited has raised its full year guidance after its revenue grew 22 percent year-over-year, or 17 percent on a constant currency basis to $873 million during the third quarter ended September 30, 2025.

Mandala Capital secures Green Climate Fund approval to scale climate adaptation and transform food systems in South and Southeast Asia

Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.

Malaysia’s Mantayay secures $5M investment led by Kairous Capital

Since its founding in Malaysia, Mantayay has grown to serve global clients in gaming, FMCG, and technology across Southeast Asia. The company today manages over 4,000 TikTok creators, produces more than 1,000 short-form videos each month, and generates over 100 million monthly views across TikTok, YouTube, and Instagram.

22 Asean – Korea finalists announced for AI Youth Festa 2025

The competition, one of the projects under the Korea - ASEAN Digital Innovation Flagship Project (KADIF), funded by the ASEAN-Korea Cooperation Fund through the Government of Korea, seeks to advance the growth of the regional AI startup ecosystem and contribute to the achievement of the United Nations Sustainable Development Goals (SDGs).

Carro posts record revenues, gross profit for FY2025

Carro, Asia Pacific’s largest online automotive platform, has posted a strong FY2025, achieving record revenues of S$1.2 billion ($920 million) and a gross profit of S$149 million ($111 million).

TikTok inks partnership with Vietnam’s Ministry of Culture, Sports and Tourism to boost digital ecosystem

TikTok, the subsidiary of the China-based tech firm ByteDance, has signed a Memorandum of Understanding (MOU) with the Center of Digital Transformation under Vietnam's Ministry of Culture, Sports and Tourism to boost the country's digital ecosystem.

Canada expands investment in CCoE of Malaysia to boost advanced cybersecurity training in ASEAN

Global Affairs Canada is deepening its commitment to regional cybersecurity capacity-building by expanding its investment in advancing cybersecurity capacity building through the Malaysia Communications and Multimedia Commission (MCMC) and BlackBerry Cybersecurity Center of Excellence (CCoE) in Cyberjaya of Malaysia.