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Vietnam’s VinFast’s Q2 gross loss widens on impairment charge

During the quarter, VinFast delivered 13,172 vehicles, a 44 percent increase compared to the previous quarter and a 43 percent increase year-over-year.

Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report

TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.

Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity

Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.

Temasek-backed ABC Impact leads Aye Finance $30M Series G funding

Indian fintech firm Aye Finance has entered into definitive agreements for INR 250 crores ($30 million) in Series G funding, led by Singapore’s ABC Impact, the leading Pan-Asia impact investor backed by Temasek and Temasek Trust.

MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities

Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.

Momos raises $10M in Series A funding led by 645 Ventures

Singapore and the United States-headquartered artificial intelligence (AI)-powered customer platform Momos, has on Thursday announced its $10 million Series A funding led by 645 Ventures.

MEXC Ventures, Foresight Ventures & Mirana Ventures establish fund for Aptos Ecosystem expansion

This fund will target promising projects built on the Aptos platform by providing resources for the development of critical Web3 use cases that utilize Aptos' infrastructure, innovations such as Block-STM, and seamless interoperability with key EVM ecosystems.

J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia

To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.

Malaysia’s Boost Bank launches SME financing solutions

Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.

Malaysia & Cambodia launch cross-border QR payments connectivity

Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.