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Category: Southeast Asia

SB Finance, Lalamove Automotive to empower delivery drivers with financial solutions
SB Finance, Lalamove Automotive to empower delivery drivers with financial solutions
Posted on December 19, 2024
by Fatima Baduria
SB Finance Inc., a Security Bank affiliate, has teamed up with delivery app Lalamove Automotive to empower Lalamove drivers with financial solutions.
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IG makes winning investment in AI and future-proof identity solutions for efficiency and performance
IG makes winning investment in AI and future-proof identity solutions for efficiency and performance
Posted on December 19, 2024
by MARKETECH APAC
This case study delves into IG’s challenges and its strategies to solve them with its partnership with Yahoo as it leveraged technology and identity solutions to reach niche users
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More Malaysians experimenting with non-cash payments as online purchases increases
More Malaysians experimenting with non-cash payments as online purchases increases
Posted on December 19, 2024
by Teddy Cambosa
Ipsos has recently launched new data reflecting on the e-commerce landscape as well as the non-cash payment economy in Malaysia, highlighting how locals are becoming more adept at using non-cash services to make purchases for their online shopping.
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Cheelip Ong named as Lion & Lion’s new group CEO as Fredrik Gumpel steps down
Cheelip Ong named as Lion & Lion’s new group CEO as Fredrik Gumpel steps down
Posted on December 19, 2024
by Teddy Cambosa
Cheelip will assume said role by early 2025. Moreover, this decision has been carefully planned throughout the year, allowing ample time for a seamless leadership transition.
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Spotify, Happiness Saigon display hairstyle portraits of Vietnam’s top artists for fans to cop at salons
Spotify, Happiness Saigon display hairstyle portraits of Vietnam’s top artists for fans to cop at salons
Posted on December 18, 2024
by Fatima Baduria
Spotify has released portraits of Vietnam’s top artists at hair salons, allowing fans to adopt their styles. The initiative was launched in collaboration with creative agency Happiness Saigon.
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OCBC sets up dedicated teams to support SMEs aiming to catch opportunities at JS-SEZ
OCBC sets up dedicated teams to support SMEs aiming to catch opportunities at JS-SEZ
Posted on December 18, 2024
by Teddy Cambosa
To kickstart this initiative, two specialized teams of 25 seasoned bankers—each with an average of over a decade of experience supporting SMEs across the region—will spearhead efforts to assist businesses.
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Tinder links people in Thailand, Vietnam through real-life ‘Passport’ portal activation
Tinder links people in Thailand, Vietnam through real-life ‘Passport’ portal activation
Posted on December 18, 2024
by Fatima Baduria
Dating app Tinder has activated a real-life ‘Passport’ portal connecting people in Thailand and Vietnam. 
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panin-bank-ocbc-cimb
Indonesia’s Panin Bank reportedly draws bids from OCBC, CIMB for controlling stake
Posted on December 18, 2024
by Aliza Carmona
According to a Reuters report, two unnamed sources revealed that Singapore-based OCBC and Malaysia's CIMB have submitted non-binding offers for the stake held by Australian lender ANZ and Indonesia's Gunawan family, the founders of Jakarta-listed Panin Bank in 1971.
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EQT completes acquisition of PropertyGuru in US$1.1b deal
EQT completes acquisition of PropertyGuru in US$1.1b deal
Posted on December 17, 2024
by Fatima Baduria
Global investment company EQT Private Capital Asia has completed its acquisition of property technology company PropertyGuru Group Limited by BPEA Private Equity Fund VII.
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Allianz scraps bid to acquire Income Insurance following government’s move to hinder transaction
Allianz scraps bid to acquire Income Insurance following government’s move to hinder transaction
Posted on December 17, 2024
by Fatima Baduria
German insurance company Allianz has scrapped its bid to acquire insurance company Income Insurance Limited after the government intervened to hinder the transaction.
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