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Tuesday 4 January 2022
RCEP helps auto suppliers cut costs
The Regional Comprehensive Economic Partnership (RCEP) taking effect on January 1, 2022 is likely to enhance regional trade of automotive components and products such as electric...
Monday 3 January 2022
Southeast Asia roundup: Indonesia to build green industrial park
Indonesia is building a green industrial park, while Vietnam is seeing hot demand for Apple products.
Tuesday 28 December 2021
SPAC-merging SEA tech unicorns future remains in limbo
Southeast Asia's (SEA) first decacorn Grab slide more than 20% in its Nasdaq debut on December 2 following the company's record US$40 billion merger with a SPAC, Altimeter Growth...
Monday 27 December 2021
Southeast Asia roundup: Tech giants eager to keep handset production lines running during holiday
Tech giants such as Apple and Samsung have been keen to keep their handset production lines om Vietnam running during the Christma period, offering incentives such as higher wages...
Friday 24 December 2021
2021 Asia tech M&A deals and values hit new high
Technology merger and acquisition activities accelerated in 2021 and deals in Asia broke the US$100 billion mark for the first time in history, totaling US$137.3 billion, up 86.3%...
Monday 20 December 2021
Gogoro leverages AI solution to rapidly expand to India, Indonesia and China
After announcing partnerships in 2021 with Hero Moto in India and Gojek in Indonesia, the electric motorcycle and battery swap company Gogoro aims to start producing electrical motorbikes...
Monday 13 December 2021
Southeast Asia roundup: Metaverse opportunities rise
Southeast Asia is seeing a rise in business opportunities related to metaverse, while Singapore is in fourth place globally in terms readiness for autonomus driving services.
Wednesday 8 December 2021
SE Asia startups to reach US$1 trillion in valuation by 2025
Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit...
Friday 3 December 2021
Vehicle-as-a-service platform optimizes fleet management and EV adoption: Interview with Autofleet
The rise of "mobility-as-a-service" or "vehicle-as-a-service," such as car rental services, car sharing, or ridesharing services, not only provides people with more alternative ways...
Thursday 2 December 2021
Cloud service providers CloudMile, eCloudvalley expand Southeast Asian operations
Datacenters are opening at a rapid pace in ASEAN countries. Amazon Web Services (AWS) is building new data centers in Jakarta, Indonesia; Microsoft has plans to set up Azure datacenters...
Tuesday 30 November 2021
Kymco to bring electric motorcycles to US, EU in 2022
Taiwan-based scooter maker Kymco has plans to enter the US and EU markets with its electric two-wheelers in 2022, according to company chairman Allen Ko.
Wednesday 24 November 2021
Gojek and TBS Energi Utama forms a JV for EVs in Indonesia
A new joint venture (JV) Electrum was formed between the partnership of two Indonesia-based companies, decacorn Gojek and energy firm TBS Energi Utama, with an ultimate goal of accelerating...
Tuesday 23 November 2021
Cloud kitchen popularity growing fast
Cloud kitchens have seen popularity grow fast in the Asia-Pacific amid the pandemic. Since 2020, the Asia Pacific region has gained the highest market share in the cloud kitchen sector,...
Friday 19 November 2021
ASEAN FinTech firms raise record US$3.5 billion from January to September
FinTech firms in ASEAN have raised a record total of US$3.5 billion from January to September this year, growing more than 300% when compared to the whole year of 2020, according...
Thursday 18 November 2021
GoTo Group raises more than US$1.3 billion in pre-IPO funding round
Indonesia-based GoTo Group, the largest technology group in Southeast Asia, announced that it has secured over US$1.3 billion in its pre-IPO funding round. The Group is preparing...