IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains

International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its…

Singapore and Cambodia initiate Financial Transparency Corridor initiative

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have on Tuesday announced the start of the Financial Transparency Corridor (FTC) initiative…

TM, Singtel’s Nxera team up to develop next-generation data centers in Malaysia

Malaysian telecommunications firm Telekom Malaysia (TM) is partnering Nxera, the regional data center arm of Singapore-based Singtel’s Digital InfraCo unit, in a joint venture to…

Gentari partners Zurich Malaysia to drive green mobility and renewable energy adoption

Malaysian clean energy solutions provider Gentari Sdn Bhd has teamed up with insurance and takaful operator Zurich Malaysia to drive green mobility and renewable energy adoption…

Accion Digital Transformation Fund invests $17.5M in Indonesian microfinance technology company Amartha

Global nonprofit Accion has on Tuesday announced a $17.5 million equity investment from the Accion Digital Transformation Fund in Indonesian microfinance technology company,…

ORIGIN: Asia Tech Conference: Southeast Asia – The Bright Spot For VC Investing Amidst Global Uncertainties?

“Southeast Asia: The Bright Spot For VC Investing Amidst Global Uncertainties?” was a panel that featured Thomas G. Tsao of Gobi Partners, Roderick Purwana of East Ventures and…

Soul Ventures announces strategic expansion into Japan with new office

Soul Ventures, a global venture capital firm, has on Tuesday announced a significant milestone with the establishment of Soul Ventures Japan, marking the firm’s expansion into the…

Singapore’s ST Telemedia Global Data Centers raises $1.3B from KKR-led consortium with Singtel

ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center colocation services provider, has raised SGD 1.75 billion ($1.3 billion) from KKR-led consortium with…

Japan’s Arches raises $2.6M additional funding for expansion

Arches Corporation, a Japan-based provider of knowledge-sharing services, announced last Friday that it has raised an additional 410 million yen ($2.6 million) in funding. The…

Dubai travel tech firm RateHawk opens first Asian headquarters in Singapore

RateHawk, a travel tech platform developed by the Dubai-based company Emerging Travel Group., has established its first Asian headquarters in Singapore.

Carro oppens first Asia Pacific 4S Center in Seremban of Malaysia

Singapore-based used car online platform Carro has opened its first 4S Center in Asia-Pacific in Seremban of Malaysia, as part of its commitment to redefine used cars with…

IFC to invest $105M in Brookfield’s Bikaner solar power project

International Finance Corporation (IFC) has committed to part finance a 550 megawatt peak (MWp) solar power project in Bikaner, Rajasthan being developed by Brookfield Asset…

Temasek inks deal to divest Pavilion Energy to Shell

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell…

IFC offers $100M debt financing package to EPIC to support sustainable textile manufacturing in Bangladesh and India

To support sustainable textile manufacturing and improve the sector's resource efficiency in Bangladesh and India, International Finance Corporation (IFC) has on Monday announced…