Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M
Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million…
Softbank-backed Riiid acquires South Korean edtech firm Qualson
Riiid Inc., a Softbank Vision Fund-backed artificial intelligence (AI) education technology company, announced Thursday the acquisition of Qualson Co Ltd., a leading English…
Japan’s Mercuria partners Singapore’s OCBC to launch sustainability fund in Asean
Japan-based investment firm Mercuria Holdings Co., Ltd. has partnered Singapore financial services group Overseas-Chinese Banking Corporation Limited (OCBC) to launch a fund to…
Four Chinese EV makers ready to start production in Indonesia – report
The four EV producers have also expressed their readiness to follow the regulations in Indonesia, including complying with the 40 percent domestic component level rule.
Tencent Cloud unveils latest AI solutions in Malaysia
Tencent Cloud, the cloud business of Chinese tech company Tencent, has unveiled its latest artificial intelligence (AI) and media solutions to local partners at Inaugural Tencent…
Singapore’s Keppel Infrastructure Trust to acquire 45 percent stake in a solar portfolio from German RE firm Enpal
Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), as Trustee-Manager of Keppel Infrastructure Trust (KIT) is committing up to €109m ($119.81 million) to acquire a 45 percent…
Crunchbase: global sustainability-focused funding holds up well in 2023
While 2023 has been a down year for startup investment in most industries, cleantech and sustainability-focused categories have held up comparatively well, Crunchbase said…
Tikehau Capital and Nikko Asset Management form strategic partnership in Asia
Tikehau Capital, a global alternative asset management group, and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a…
Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report
“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.
[Live from Hanoi, Vietnam] The 2023 VinFuture Prize Award Ceremony – Celebrating “Boundless Unity” Innovations for Humanity
The 2023 VinFuture Prize Award Ceremony is officially poised to take place at 8:00 PM on December 20th, 2023, at the Ho Guom Opera House in #Hanoi. This solemn ceremony will be…
TNGlobal’s Top 10 most-read news articles in 2023
The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups.…
In 2024, Web3 must rewrite its user acquisition playbook
The #Web3 industry should prioritize creating high-quality products and services with real utility for users. There is no other path forward now. Especially as traditional finance…
Abu Dhabi’s Bayanat and Yahsat merge to create over $4 billion AI-powered space technology firm
Bayanat AI PLC (Bayanat), a Abu-Dhabi-based artificial intelligence (AI)-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), a…
IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa
International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining…
