SEA

Singapore’s NextGen.AI bags $343k pre-seed investment from Asiawide Print Holdings

With this new capital fund injection, NextGen.AI aims to advance its research in knowledge-based personalization models to provide and also register its own IP in the company's research work.

ASEAN year to date IPOs raising down to $2.5B

ASEAN saw a total of 94 initial public offerings (IPOs) raising $2.5 billion year to date, down from 127 IPOs raising $4.9 billion a year ago, Ernst & Young Global Limited (EY) said Thursday.

AirAsia MOVE adds Myanmar Airways International as its latest direct airline partner

AirAsia MOVE (formerly known as airasia Superapp), the Malaysia-based online travel agency (OTA) platform, has added Myanmar Airways International (MAI) as its latest direct airline partner, enhancing its flight offerings.

IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth

The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space in order to help address climate change impacts and foster a sustainable financial ecosystem.

Ant International’s WorldFirst sees total transaction volume soars to $300B

China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.

Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3

The total funding into Southeast Asia (SEA) FinTech startups fell 28 percent to $322 million in the third quarter of 2024 from $447.5 million in the second quarter, Tracxn said Wednesday.

Indonesia blocks e-commerce app Temu over regulatory violations – report

Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.

[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes

In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.

J&T Express launches first self-built smart supply chain industrial park in China

Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11” shopping festival.

Singtel launches AI cloud service for enterprises

Singtel announced on Thursday the launch of RE:AI, its new Artificial Intelligence Cloud Service (AI Cloud) offering, aimed at democratizing AI to make it widely available to organizations. This gives enterprises and public sector customers affordable access to AI technologies that can seamlessly transform their operations without needing to invest or…