Maybank raises Grab’s earnings forecast after solid results in third quarter
Maybank Investment Bank has raised Grab Holdings 2024-2026 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 23 percent to 27 percent.
Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary…
ASEAN-6 B2C e-commerce export revenue seen to reach $30.4 billion in 2028 : Amazon Global Selling
ASEAN-6 (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines)'s business to consumer (B2C) e-commerce export revenue for is expected to reach $30.4 billion in…
Singapore’s Sea revenue up 30.8 pct on year in third quarter
Singapore's consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024,…
Pentagreen Capital seeks to deploy $1B for Asia’s sustainable infrastructure
Pentagreen Capital, the sustainable infrastructure debt financing company established by HSBC and Temasek, is seeking to deploy $1 billion for Asia’s sustainable infrastructure.
BlackRock, MAS, IFC, MUFG, NEXI, AIA team up to boost decarbonization investment in Asia
BlackRock, Monetary Authority of Singapore (MAS), International Finance Corporation (IFC), Mitsubishi UFJ Financial Group (MUFG), NEXI, and AIA Group have teamed up to boost…
HashKey Global partners OneInfinity by OneDegree to bolster Web3 and cybersecurity landscapes
Hong Kong-based digital asset exchange HashKey Global and OneInfinity by OneDegree, a cybersecurity and insurance provider, have on Tuesday announced a strategic partnership aimed…
Vietnam’s EV maker VinFast secures $3.5B funding from Vingroup & founder Pham Nhat Vuong
Vingroup plans to lend VinFast up to 35 trillion Vietnamese dong ($1.4 billion) by the end of 2026, the company said in a statement on Tuesday. Additionally, Vuong has personally…
Five security trends shaping the future
As #Cybersecurity threats become increasingly sophisticated, organizations must adopt proactive defensive strategies, leveraging #AI and #MachineLearning to enhance security.…
Animoca Brands raises additional $10M for Mocaverse with participation by OKX Ventures, CMCC Global, Hong Shan
Hong Kong-based gaming firm Animoca Brands Corporation Limited has on Tuesday announced an additional tranche of funding of $10 million for its flagship project Mocaverse.
MAS announces green finance and capital markets initiatives to strengthen financial cooperation with China
The Monetary Authority of Singapore (MAS) has on Monday announced new green finance and capital markets initiatives to strengthen financial cooperation with China.
Grab raises full year revenue forecast after improved performance in third quarter
Singapore-based superapp Grab Holdings Limited has on Monday raised its full year revenue forecast following its improved revenue in the third quarter.
HKMA partners multilateral organizations to enhance strategic partnership for climate investment in Asia
The Hong Kong Monetary Authority (HKMA), has joined hands with multilateral organizations, including the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB),…
GoTo, Tencent Cloud, and Alibaba Cloud team up to boost cloud infrastructure in Indonesia
In a significant boost to Indonesia’s digital economy and Golden Indonesia 2045 vision, GoTo Group, Tencent Cloud, and Alibaba Cloud have signed agreements that will boost cloud…
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