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Malaysia’s Capital A shareholders approve capital reduction for PN17 exit plan

Malaysia-based Capital A Berhad announced Thursday that its shareholders has approved capital reduction for PN17 exit plan. The firm said in a statement that the shareholders and RCUIDS holders have unanimously approved a key resolution at the company’s extraordinary general meeting (EGM), namely the rroposed regularization plan comprising the capital reduction of up to RM6 billion....

2025-05-10 06:17:39

Thailand’s A2D Ventures enters India via cross-border partnership with We Founder Circle

A2D Ventures, a Thailand-based venture capital firm and startup investing platform, has entered India through a strategic partnership with We Founder Circle (WFC), an India-based angel investment syndicates. A2D Ventures said in a statement on Thursday that this collaboration marks a major milestone in fostering cross-border innovation, unlocking new opportunities for Indian and Southeast...

2025-05-10 06:13:25

SignalPlus CEO Chris Yu on how AI transforms crypto options trading [Q&A]

Despite a recent decline in cryptocurrency trading volumes, with TokenInsight reporting a notable downturn across crypto exchanges in Q1 2025, industry players remain focused on innovation to address market challenges. In this TNGlobal Q&A with Chris Yu, Co-Founder and CEO of SignalPlus, he discusses the pain points the company aims to alleviate, the role of AI in driving mainstream...

2025-05-10 05:43:51

Bolttech, Sumitomo team up to deliver technology-enabled embedded solutions to distribution partners in Asia

Bolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia. Bolttech said in a statement that the two companies will enter a joint venture for the partnership. The technology-enabled embedded solutions will enable distribution partners to...

2025-05-10 05:28:07

Singapore’s Granite Asia announces $250M first anchor close of private credit strategy

Singapore’s venture capital firm Granite Asia has secured over $250 million in anchor commitments for its private credit strategy, Libra Hybrid Capital Fund, ahead of the official fund launch. The initial commitments include backing from top Asian sovereign wealth funds, as well as capital from Granite Asia’s general partners and its 25-year network of founders and entrepreneurs,...

2025-05-10 05:21:31

Singapore’s Crypto.com sets up Washington, D.C. office

Singapore’s crypto trading platform Crypto.com announced Wednesday that it will establish a North America regional office in Washington, D.C. The office will be located in Downtown Washington, D.C., in close proximity to the White House, the firm said in a statement. “The U.S. market is central to the growth strategy of Crypto.com and the most exciting frontier for our entire...

2025-05-10 05:14:36

AI for busy readers: Essential trends you need to know in 5 minutes

Struggling to keep up with the rapid pace of AI advancements? You’re not alone. Between work, life, and everything in between, staying informed can feel like a full-time job. That’s why we’ve condensed the most important AI trends into a quick, easy-to-digest read—so you can stay ahead without the overwhelm. 1. Generative AI is everywhere (and it’s getting...

2025-05-10 03:22:52

Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report

US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with knowledge of the matter said, Reuters reported on Wednesday, Singapore-headquartered Grab has hired advisors to work on the proposed deal, the two sources added. The deal is subject to terms such as financing, which Grab is in...

2025-05-10 03:16:08

Equinix scales Malaysia’s data center footprint with expansion in Kuala Lumpur

Equinix, Inc, the global digital infrastructure company, announced Wednesday the completion of the second phase of its KL1 International Business Exchange™ (IBX®) data center in Kuala Lumpur, Malaysia. This expansion, combined with Equinix’s strong presence in Singapore and Johor as well as forthcoming entry into Indonesia, the Philippines and Thailand, will allow businesses to...

2025-05-10 03:12:13

How these cities are utilizing AI-powered video surveillance

Professionals are integrating artificial intelligence (AI) into every sector imaginable. From retail to health care, it enables better accuracy and faster workflows. It may come as no surprise that law and safety enforcers are also exploring how AI can optimize their operations. The following cities have been utilizing AI-powered video surveillance in various ways. 1. Seoul, South Korea...

2025-05-10 03:09:34

Digitalization can reduce persistent inequality in Asia and the Pacific, says ADB

Digitalization can be a powerful tool to help reduce persistent economic inequality in Asia and the Pacific—but to harness its potential, governments need to narrow “digital gaps,” including gaps in infrastructure, access, and skills, according to a new report by the Asian Development Bank (ADB). The bank said in a statement on Tuesday that although developing Asia and the...

2025-05-10 03:05:28

Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem

Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group’s Middle East growth strategy. The firm said in a statement that the multi-faceted initiative will begin with AirAsia introducing new routes to Riyadh and Dammam, while increasing flight frequencies to Jeddah from Kuala Lumpur. The group is also...

2025-05-10 03:02:56

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