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Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.

Indian workflow automation platform Rocketlane has on Tuesday announced $24 million Series B funding round as it expands the opportunity for professional services teams with artificial intelligence (AI) capabilities.

Today’s LLM-powered dynamic AI agents are revolutionizing the travel industry by enhancing customer experience and operational efficiency. Integrated AI-first automation creates seamless travel experiences, leveraging both human and machine strengths. As AI continues to advance, adopting AI-first strategies becomes crucial for travel brands aiming to remain…

Zed, a credit-led neobank, announced Wednesday it has received its certificate of authority to operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).

OSK-SBI Venture Partners Ltd. (OSK-SBI) has on Wednesday announced the launch of its second venture capital fund to invest in category-defining companies across Southeast Asia. Active fundraising for Fund 2 is ongoing with the target to hit final close of capital commitments of $40 million.

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), a subsidiary of Malaysia’s Petronas Group, is collaborating with Finland-based electric vehicle (EV) charging business solution provider Virta through its subsidiary Gentari Green Mobility to expand the EV charging network across Southeast Asia.

To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).

Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.

Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.

Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology company enhancing trust along the food chains by innovating artificial intelligence-based food quality assessment technologies.