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…

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…

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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…