SEA
Maybank positive on Grab after management lifts its guidance
Maybank Investment Bank said Thursday that it was positively surprised by the lift in Grab's guidance as tariff uncertainty has raised the risk of macro and forex volatility.
Cocoon Capital announces first close of $50M Fund III to accelerate Southeast Asia’s enterprise and deep tech startups
Cocoon Capital, a Singapore-based early-stage venture capital firms, has announced the first close of its third fund, Cocoon Capital Fund III, securing $30 million in commitments towards a target of $50 million.
Grab raises full year earnings forecast after achieving another quarter of record revenue
Grab Holdings Ltd announced Wednesday it is raising the company's full year adjusted earnings before interest, taxes, depreciation, and amortization (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenue.
Maybank: macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy
Macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy, especially for players reliant on discretionary consumer spending, Maybank Investment Bank said in its note on last Thursday.
D2C companies in SEA raise $32.5M in 2024, a 3 times surge from 2023: Tracxn
The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday.
Google Pay rolls out integration of eWallets – ShopeePay and TNG eWallet in Malaysia
Google has on Tuesday announced the integration of ShopeePay and TNG eWallet (an Alipay+ Partner) with Google Pay in Malaysia, marking Google Pay's first eWallet integrations in Southeast Asia.
AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivity
While ASEAN's regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain.
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.
