Forest City to be the first location in Malaysia to offer a 0% tax rate for family offices

Forest City, the $100 billion project located in Southern region of Malaysia which is backed by Chinese developer Country Garden Holdings, will be the first location in Malaysia…

AirAsia partners Airbus to accelerate aviation sustainability

Malaysia-based Capital A's low-cost airline AirAsia has announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation…

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EnterpriseSG partners Google Cloud to help startups and SMEs in Singapore accelerate AI adoption and innovation

Enterprise Singapore (EnterpriseSG) and Google Cloud have announced joint initiatives aimed at accelerating artificial intelligence (AI) adoption and innovation for organizations…

MDEC launches investor matching program

The Investor Matching Program is supported by prominent funds managing billions in assets, including Vertex Ventures, Granite Asia, 500 SEA, Eurazeo, Nordstar, Gobi Partners and…

Climate finance by multilateral development banks hits record in 2023

Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.

INA partners AllianzGI to deploy up to $200M annually into hybrid capital solutions opportunities in Indonesia

Indonesia Investment Authority (INA) and Allianz Global Investors (AllianzGI) will aim to deploy up to $200 million annually into hybrid capital solutions opportunities, which…

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Levelling up the global gaming industry: How cross border payments are shaping the future of digital play

The global gaming market's rapid growth and the surge in cross-border transactions present both opportunities and challenges for #Gaming companies. As #DigitalPayments become…

Vietnam’s VinFast’s Q2 gross loss widens on impairment charge

During the quarter, VinFast delivered 13,172 vehicles, a 44 percent increase compared to the previous quarter and a 43 percent increase year-over-year.

Indonesia’s GoTo Group partners Tencent for cloud infrastructure & digital services

As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.

Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report

TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.

Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity

Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.

Temasek-backed ABC Impact leads Aye Finance $30M Series G funding

Indian fintech firm Aye Finance has entered into definitive agreements for INR 250 crores ($30 million) in Series G funding, led by Singapore’s ABC Impact, the leading Pan-Asia…

Indonesia’s eFishery to expand Indian market after positive first year achievements

EFishery, an Indonesian aquaculture technology company, intends to continue expanding the Indian market by targeting other strategic areas in India, especially South and East…

Mox Capital announces strategic support for rapid-scaling startups across Vietnam and Southeast Asia

Mox Capital, venture capital firm based in the United States, has announced its strategic support for a vast array and variety of regional high-potential startups across Vietnam…