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…
Bursa Carbon Exchange inks deal with Gold Standard to grow Malaysia’s voluntary carbon market
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, and Gold Standard, a leading impact standards, have on Monday signed a memorandum of understanding…
Climate tech venture builder Wavemaker Impact closes first fund at $60M
Wavemaker Impact (WMI), a Southeast Asia’s climate tech venture builder, has announced the final close of its debut fund dedicated to driving large-scale decarbonization efforts…
Malaysian Stock Exchange to launch platform for mandatory ESG reporting
Bursa Malaysia Securities Berhad (Bursa Malaysia) is set to unveil the Bursa Malaysia ESG Reporting Platform on Monday. This platform will act as a repository for disclosures…
Unlocking the formula to seamless global content delivery: Overcoming key challenges
Businesses must explore the right capabilities to address critical issues of performance, latency, data security, and regulatory compliance globally to thrive. With the right…
Malaysia Science Ministry to present full framework for AI code of ethics in 1Q 2024 – report
Minister Chang Lih Kang said the presentation aimed at detailing the guidelines and regulations that stakeholders in all sectors need to adhere to.
Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes
Bank Negara Malaysia (BNM) and the World Bank have announced two key initiatives to enable the financial sector to support nature-positive outcomes. The two initiatives are…
ACP, IFC, MAS and Temasek establish green investments partnership in Asia
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green…
Alibaba Cloud open-sources more LLMs with diverse sizes and multimodal features
Alibaba Cloud has open-sourced two large language models (LLM), Qwen-72B and Qwen-1.8B, the 72-billion-parameter and 1.8-billion-parameter versions of its proprietary foundation…
Malaysian agritech startup Qarbotech lands $700,000 seed funding
Qarbotech, a Malaysia-based agritech startup, announced Monday that it has raised $700,000 in seed funding and grants. The round was led by multi-stage venture capital firm, 500…
MAS launches world’s first multi-sector transition taxonomy
The Monetary Authority of Singapore (MAS) has on Monday launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds…
Indonesian construction technology company Gravel raises $14M from prominent investors
Gravel, the Indonesia-based construction technology company, has raised $14 million to date from investors. The investors include New Enterprise Associates (NEA); Weili Dai,…
Singapore’s Igloo closes $36M Pre-Series C fundraise with 50 percent valuation increase
Singapore-based insurtech Igloo has on Monday announced that it has closed a $36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund…
Axiata concludes sale of Ncell, exits Nepal
Malaysian multinational telecommunications conglomerate Axiata Group Berhad has announced that it had entered into an unconditional sale and purchase agreement with Spectrlite UK…
