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Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M
Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic Ventures, Spice Expeditions and Platanus.
SC-led committee issues illustrative sustainability reports to guide companies on ISSB standards
Securities Commission Malaysia (SC)'s Advisory Committee on Sustainability Reporting (ACSR) has on Tuesday issued the Illustrative Sustainability Reports (ISRs) based on the ISSB Standards, to support sustainability disclosures under the National Sustainability Reporting Framework (NSRF).
APAC’s next big security risk: AI agents are fuelling identity debt
Organizations must invest in secure authorization flows built for the AI environment, instead of bolting AI agents onto outdated authentication methods. Only by prioritizing identity-first strategies for AI agents can organizations stay secure and ahead of attackers.
VinFast India partners with State Bank of India for EV financing solutions
VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with State Bank of India, the largest bank in India, to provide inventory financing for its exclusive dealer network.
AlphaTON to acquire 51 percent stake in Animoca’s gaming arm GAMEE
AlphaTON Capital Corp., a global digital asset treasury company, intend to acquire 51 percent stake in GAMEE, a wholly owned subsidiary of Hong Kong-based gaming firm Animoca Brands.
UOB rolls out organization-wide upskilling initiative for AI-enabled workplace
Singaporean bank UOB announced Wednesday an organization-wide artificial intelligence (AI) upskilling and reskilling initiative to future-proof its workforce.
Kenanga sees Malaysia’s technology firms well placed to ride global recovery
Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.
Thunes, BSF unite to transform cross-border remittances from Saudi Arabia
Thunes, the Singapore-based payment firm, announced Wednesday that it has signed an memorandum of understanding (MOU) to form a strategic alliance with Banque Saudi Fransi (BSF), one of Saudi Arabia’s financial institutions, to transform cross-border remittances from the region.
Temasek-backed Einride raises $100M to accelerate autonomous freight and expand global operations
Temasek-backed Einride, a technology company that provides digital, electric, and autonomous solutions for road freight, has raised about $100 million in funding from a mix of existing and new investors.
Singapore’s Yangzijiang Financial invests $143.27M to lead the restructuring of lithium battery firm Shanshan
Singapore-based investment manager Yangzijiang Financial is investing RMB 1.02 billion ($143.27 million) to lead the restructuring of lithium battery giant Shanshan Co.
