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Hong Kong-based Vectr Fintech Partners rebrands as OMVC

Vectr Fintech Partners (VFP), a Hong Kong-based early-stage venture capital firm, has on Tuesday announced it has rebranded as OMVC, short for OM Venture Capital.

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Implement AI for enhanced supply chain risk management

With an #AI-driven #SCRM strategy, business owners can identify and assess the impact of risks sooner, reducing disruption-related revenue losses and freight expenses. In addition to controlling costs, they may improve their compliance and agility, granting them a competitive advantage in an oversaturated market. 

SoftBank, Temasek among eFishery investors facing near wipeout – report

None of eFishery’s PondTag sensors that were supposed to help remotely judge water quality and automate fish and shrimp feeders had been deployed. The limited data collection meant fish feed predictions were wrong almost half the time, the document said.

Malaysia launches $29.62M fund to support SMEs and mid-tier companies in strategic NIMP sectors

The Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) have jointly launched the Strategic Co-Investment Fund (CoSIF) under the New Industrial Master Plan 2030 (NIMP 2030) on Tuesday.

EcoWorld builds and leases data center to Google-affiliated Pearl Computing Malaysia

Malaysia-based property developer EcoWorld Development Group has inked agreements to sell land, build and lease a data center to Pearl Computing Malaysia, an affiliate of Google.

PDD’s Temu partners Atome for flexible payment checkout in Malaysia

This enables Malaysian customers to enjoy interest-free instalment payment options when shopping for a wide range of products on Temu's platform.

Ant International appoints Worachat Luxkanalode as 2C2P CEO

Global digital payment firm Ant International has on Tuesday announced the appointment of Worachat Luxkanalode, as the new Chief Executive Officer (CEO) of 2C2P.

Senior Aerospace UPECA and DHL team up for more sustainable air freight with SAF

Senior Aerospace UPECA, a Malaysia-based subsidiary of Senior plc, an international manufacturer of high technology components and systems, has signed an agreement with global logistics firm DHL Express for the use of the GoGreen Plus service.

“Pabili po ng Cadbury?” Pinoys turn to sari-sari stores for premium chocolates during Valentine’s Day – Packworks study

According to Packworks’ data of sari-sari store sales transactions, Toblerone enjoyed nearly a 3,000 percent spike in sales between Feb 13 and 15, compared to the same days in other months. Meanwhile, Cadbury saw approximately a 500 percent increase in sales for the same periods.

Indonesia launches sovereign wealth fund Danantara – report

The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.