Latest news and trends about tech

Vietnamese electric vehicles maker VinFast has signed a memorandum of understanding (MoU) with Indonesian vehicle distributor PT Aribi Amartapura (Amarta) to accelerate the expansion of its showroom network in Indonesia.

Dutch multinational brewing company the Heineken Company has on Wednesday announced the launch of its first global Generative AI (GenAI) lab in Singapore.

Temu, the global e-commerce platform of China’s PDD Holdings, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, have announced a strategic partnership to expand their payments in Africa, Asia, Latin America.

Halogen Capital, a Malaysia-based licensed digital asset fund manager, has signed with lender Affin Bank Berhad to distribute their Halogen Shariah Defensive Bitcoin Fund with an integrated capital preservation strategy.

Malaysia's fintech firms Payments Network Malaysia (PayNet) and Swipey Digital Services (Swipey) have announced a strategic partnership to expand digital payment adoption among Malaysian small and medium-sized enterprises (SMEs).

Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, has recorded $10.5 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year 2024, marking the group’s first full year of profitability since its inception and its sustained profitability since initial achievement in December 2023.

MoneyHero Limited, a personal finance aggregation and comparison platform in Greater Southeast Asia, has partnered with global AI consumer service firm Ada to launch an artificial intelligence (AI) Agent for customer service, aiming to transform customer experience while driving operational efficiency.

Enya, a Singapore-based brand in sustainable period care, has secured strategic investment from 500 Global, alongside venture debt financing from Crusade Partners, to expand its consumer (B2C) and corporate (B2B) footprint across Asia and the Middle East.

Senang.io, a Malaysian headquartered fintech company, has partnered with iRemit, a Filipino-owned non-bank remittance provider, to launch the DreamSecure — a financial product designed exclusively for Filipino overseas workers (OFWs).

Total committed funds for private equity (PE) and venture capital (VC) in Malaysia reached a combined total of MYR 24.70 billion ($5.58 billion) in 2024, the Securities Commission Malaysia (SC) said Thursday.