IFC, Bank of the Lao PDR strengthen partnership to boost green finance, achieve climate goals
The collaborative effort to boost green finance between IFC and the bank has been strengthened with a new cooperation agreement signed on Tuesday. This enhanced partnership aims…
Tracxn: SEA tech startups continue to see a downward trend as funding falls 65 percent in 2023
The Southeast Asia (SEA) Tech sector received a total funding of $4.3 billion in 2023 year to date (till December 5, 2023), a 65 percent plunge from $12.4 billion raised in the…
Indonesia to audit TikTok, Tokopedia trial e-commerce tie-up – report
"We will give a three to four months period for trial because technology is not an easy thing. Maybe efforts to perfect it would be needed," Indonesia's Trade Minister Zulkifli…
Singapore’s Sweef Capital makes strategic investment in Vietnam’s USM Healthcare
Singapore investment firm Sweef Capital has made strategic investment in Vietnam-based USM Healthcare to increase access to affordable medical devices and orthopedic products.
SingPost collaborates with Google Cloud to accelerate its digital transformation journey
Cloud computing services firm Google Cloud and postal and eCommerce logistics provider Singapore Post Limited (SingPost) have on Tuesday announced a strategic collaboration to…
Singapore’s Seraya Partners closes $800M Asia-focused infrastructure fund for digital infrastructure and energy transition investments
Seraya Partners, the Asia-based independent privateequity fund for next-generation infrastructure investing, has on Tuesday announced the completion of its first fund, “Seraya…
Beyond recurring revenue: What e-commerce companies need to successfully expand overseas
Access to reliable funding is just the start of what an ideal financial partner should provide to help an #ecommerce business expand across borders. Understanding the challenges…
DRB-Hicom, Geely form joint venture to develop the Automotive Hi-Tech Valley in Malaysia
Malaysia-based conglomerate DRB-Hicom and Chinese automaker Geely Holdings have signed a joint venture agreement to develop the Automotive Hi-Tech Valley in Tanjong Malim, Perak…
Alibaba DAMO Academy introduces SeaLLMs, inclusive AI language models for Southeast Asia
Alibaba DAMO Academy has announced the launch of SeaLLMs, pioneering large language models (LLM) that come with 13-billion-parameter and 7-billion-parameter versions. The LLMs are…
Gobi GBA drives positive environmental change and circular business models through strategic capital allocation
Gobi Partners, a leading pan-Asian venture capital firm, is firmly dedicated to promoting sustainable development and is poised to make significant investments in circular economy…
Indonesian healthtech firm Klinik Pintar closes $5M round led by Altara Ventures
Jakarta-headquartered healthtech company Klinik Pintar has announced an oversubscribed $5 million Series A1 funding round led by Altara Ventures. The round also saw participation…
Animoca Brands Japan and Apas Port introduce new digital toy platform developed by OnChain Studios for Japanese collectors
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, announced Monday that the firm and Apas Port Inc. have partnered with Cryptoys, a digital toy platform developed by…
China’s Tik Tok to invest $1.5B in Indonesia’s GoTo
Chinese entertainment platform Tik Tok will invest $1.5 billion in Indonesia's largest digital ecosystem PT GoTo Gojek Tokopedia Tbk (GoTo Group). As part of the agreement,…
Nvidia CEO Jensen Huang aims to set up a base in Vietnam – report
Nvidia's CEO Jensen Huang said the company viewed Vietnam as its home and affirmed its plans to set up a centre in the country.
