UK-IFC’s MAGC receives $45M in funding expansion to support green construction practices in emerging economies
The United Kingdom Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction (MAGC) Program, to…
Demand for AI roles is expected to increase in 2024, says Glints
The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or…
Asia fintech scene gives VC investors confidence about their profits
Venture capital investors aim to protect their investments for a duration ranging from 3 to 10 years. The sooner they invest, the longer they have to wait for a return on their…
YouTrip teams up with Google Pay to make payments seamless
YouTrip, Singapore’s multi-currency e-wallet, has on Wednesday announced its integration with Google Pay, enabling Android users the convenience to make secure and effortless…
MAS launches coalition; announces pilots to develop transition credits for early retirement of Asia’s coal plants
The Monetary Authority of Singapore (MAS) has on Tuesday announced the launch of the Transition Credits Coalition (TRACTION) and two pilot projects to test the use of…
Malaysia launches Sustainable Energy Development prospectus paper to advance energy transition
Malaysia has launched the Sustainable Energy Development prospectus in an effort to showcase Malaysia’s strategic intent in “Advancing Just Energy Transition” at the 28th…
ADB, GEAPP and MAS to establish $2B blended finance fund for energy transition in Asia
The Asian Development Bank (ADB), Global Energy Alliance for People and Planet (GEAPP) and the Monetary Authority of Singapore (MAS) have on Tuesday announced their intent to…
ByteDance’s TikTok strikes deal with GoTo to save Indonesian TikTok Shop – report
Tik Tok is said to have agreed broadly to work with GoTo’s Tokopedia across several areas rather than compete directly with the Indonesian platform.
SoftBank buys 51 percent stake in car software firm Cubic Telekom for $512M
Japanese telecommunications and information technology (IT) firm SoftBank Corp. has inked deal to acquire 51 percent stake in Dublin-based car software firm Cubic Telekom Ltd.…
CoreEL Technologies secures $16M funding from 360 ONE Asset
360 ONE Asset Management Limited (formerly known as IIFL Asset Management Limited) (360 ONE AMC) has committed to invest $16 million in CoreEL Technologies (India) Private Limited…
Queensland Investment Corporation sets up Singapore office to boost partnerships across Asia
Queensland government-owned investment firm Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a…
Bursa Carbon Exchange inks deals with Sarawak Energy, Hydropower Sustainability Alliance, I-REC for renewable energy certificates
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Monday signed a Memorandum of Collaboration (MOC) with Sarawak Energy Berhad, Hydropower…
OCBC partners fintech firm MOBY to provide more payment collection options for micro merchants
OCBC Bank (Malaysia) Berhad (OCBC Bank) is collaborating with Malaysian fintech firm MOBY Group (MOBY) to enable small and micro merchants with pop up stores or kiosks to widen…
Singapore’s Circulate Capital announces final close of $73M climate tech fund
Circulate Capital, a Singapore-based environmental impact investor advancing the circular economy for plastics in high-growth markets, announced Tuesday the final close of the…
