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Creador acquires minority stake in Vietnam’s pharmacy chains FPT Long Chau Investment JSCCreador, a Malaysia-based private equity firm in South and Southeast Asia, has announced the acquisition of up to 13 percent in FPT Long Chau Investment JSC (Long Chau), one of Vietnam’s leading pharmacy chains. This marks the first ever fundraise by Long Chau and the second investment made in Vietnam by Creador, Creador said in a statement on last Friday. Long Chau has grown from four...0 Comments 0 Shares 12K Views 0 Reviews
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Endeavor Malaysia appoints Shan Li Tay as new Managing DirectorEndeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director. With an extensive background in corporate leadership, entrepreneurship, and strategic growth, Shan Li brings a dynamic blend of experience that will drive Endeavor Malaysia’s mission to empower high-impact entrepreneurs and foster a vibrant...0 Comments 0 Shares 11K Views 0 Reviews
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GXBank launches business banking facility to Malaysia’s MSMEsGrab-backed digital bank GX Bank Berhad has recently launched its business banking facility and flagship Jaguh Niaga Program, reaffirming its commitment to supporting Malaysia’s micro, small and medium enterprises (MSMEs). The bank said in a statement on Thursday thatoffering first to sole proprietors, GX Business Banking, is an innovative and fully digital solution specifically designed...0 Comments 0 Shares 2K Views 0 Reviews
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How small businesses can compete with big brands using AI marketingSmall companies have always found it difficult to compete with large corporations that possess overwhelming resources, sophisticated marketing, and technology. However, the inclusion of artificial intelligence (AI) in marketing is a game-changer. No longer the sole domain of the leading technology companies, AI technology is today accessible to solo entrepreneurs and small business owners who...0 Comments 0 Shares 8K Views 0 Reviews
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Indonesia’s GoTo secures $280M term loan facilityIndonesian technology giant PT GoTo Gojek Tokopedia Tbk. (GoTo) announced Thursday that it has entered into a new four-year term loan facility with a total size of Rp 4.65 trillion ($280 million). GoTo said in a statement the proceeds from the new facility will be used in part, to repay the amount outstanding under the company’s existing facility, which was agreed in November 2022, of...0 Comments 0 Shares 2K Views 0 Reviews
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PropertyGuru appoints Lu Yao as Managing Director for SingaporePropertyGuru Group, the Singapore-based property technology company, announced Thursday the appointment of Lu Yao as Managing Director, effective September 15. As Managing Director, he will lead the growth of the Group’s Singapore marketplace business, PropertyGuru, and will drive strategies that deliver value to property seekers and customers, the proptech firm said in a statement....0 Comments 0 Shares 2K Views 0 Reviews
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SME Corp. Malaysia collaborates with microLEAP to offer $8.29M grant-convertible financing for SMEsSME Corp. Malaysia has collaborated with microLEAP to offer MYR 35 million ($8.29 million) grant-convertible financing for small and medium-sized enterprises (SMEs) in Malaysia. The duo said in a statement on Monday that the Business Accelerator Program (BAP) Alternative Financing Program 2025 (Program Pembiayaan Alternatif BAP 2025) will offer eligible SMEs Shariah-compliant financing of up...0 Comments 0 Shares 2K Views 0 Reviews
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