Tuesday, September 20, 2022
CARSOME Group Inc (CARSOME) recently celebrated its seventh-year anniversary with trajectory growth across the region, off the back of over 260,000 completed transactions, millions of customers served through its platform, and more than 18,000 cars sold per month across core markets. Since its establishment in 2015 with the core objective...
Kaspersky’s study however uncovers that more than half believe a ransomware attack against their business “is too small to worry about” Kaspersky’s latest study has revealed the heightened awareness of business executives in Southeast Asia about the sophisticated risks online. Data theft, alongside Advanced Persistent Threat (APT) attacks and ransomware...
Helicap Investments has listed its flagship fund, Helicap Fund I, on Singapore's private market exchange ADDX to improve financial inclusion for underserved individuals as well as SMEs in Southeast Asia, and to empower partner institutions to transform the way consumers and SMEs access credit. Since the launch of the fund...
eBay, a global e-commerce leader connecting millions of buyers and sellers worldwide, released its Southeast Asia Small Online Business Trade Report July 2022, highlighting the successes of SMEs in Southeast Asia in expanding their global reach and selling to international markets using its global marketplace. SMEs are the backbone of...
Bailiffs have seized two Petronas subsidiaries in Azerbaijan following a French arbitration court’s ruling in March that Malaysia owed the descendants of the Sultan of Sulu payments of at least RM62.59 billion. The move to seize Petronas’ Luxembourg-registered subsidiaries, Petronas Azerbaijan (Shah Deniz) and Petronas South Caucasus, is part of...
FedEx Express, one of the world’s largest express transportation companies, announced a new alliance with eBay, providing the latter’s sellers in the Asia Pacific region access to a FedEx account that offers the full spectrum of its  e-commerce delivery service options at competitive rates. Marketplace sales account for 67% of...
Grab Financial Group (GFG) will be combining its payments and financial services features into a new brand called GrabFin. The company said in a statement that GrabFin offers users a single entry point to access payment, investment and insurance services on the Grab application. “GrabFin also represents GFG’s commitment to empowering...
Group-IB, a global cybersecurity firm, has unveiled its second annual guide to the evolution of threat number one ‘Ransomware Uncovered 2021/2022’. The findings of the report's second edition indicate that the ransomware empire kept its winning streak going with the average ransom demand growing by 45% to reach US$247,000...
The UAE and South Korea have signed a memorandum of understanding to strengthen the partnerships between SMEs in the two countries and develop entrepreneurship. Both nations will promote a conducive business ecosystem and foster cooperation that will support SMEs and expand relations between their private sectors, the UAE Ministry of...
The K-Startup Grand Challenge (KSGC), a start-up accelerator program supported by the South Korean government, has opened application from 15 April 2022 and will close on 31 May 2022 for start-ups keen on the opportunity to work and build a strong foundation in South Korea. Returning for its 7th...
Protecting corporate and personal data has become a necessity for modern businesses in Southeast Asia (SEA), especially for the past two years. Unfortunately, with new threats emerging during the pandemic and the extended period of remote work it introduced, businesses have to tackle both internal financial risks and external...
Supply chain support and longer-term assistance are at the top of the wish list for UK manufacturing SMEs if they are to make the most of the post-pandemic recovery and the long-anticipated UK Shared Prosperity Fund. Over three quarters of the 335 firms questioned by the Manufacturing Growth Programme (MGP)...

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