Vertical

Vingroup has announced the signing of a memorandum of understanding (MoU) with the government of Telangana for a proposed investment of $3 billion, to be implemented in a phased manner for developing a multi-sector ecosystem in the state.

Vietnam-based information technology (IT) corporation FPT is acquiring up to a 10 percent stake in Blueward, formerly ISTN and South Korea’s independent SAP consulting and IT services firm, to reinforce SAP enterprise resource planning (ERP) capabilities and accelerate digital transformation in the region.

Aspire, the Singapore-based finance platform, is launching its fast, low-cost international payments in Hong Kong.

MetaComp Pte. Ltd., a Singapore-based licensed stablecoin cross-border payments and treasury management service provider, announced Monday it has raised $22 million in its Pre-A funding round.

Singapore-based investment firm Granite Asia has completed the first close of its Pan-Asia private credit strategy, Libra Hybrid, securing over $350 million.

Shopee, the e-commerce platform in Southeast Asia, Taiwan, and Brazil, announced Tuesday a S$50 million ($38.52 million) investment over the next year to accelerate the growth of Singapore’s small and medium enterprises (SMEs) as the platform marks its 10th anniversary.

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), announced Monday its approach to addressing non-compliance with regulatory sustainability reporting requirements developed in alignment with the National Sustainability Reporting Framework (NSRF).

Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions and an Oracle Partner, announced Monday it will offer connectivity to an Oracle Cloud Infrastructure (OCI) FastConnect point-of-presence (PoP) within the Oracle Cloud Singapore West Region.