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.
ADB announces start of Climate Action Catalyst Fund
The Asian Development Bank (ADB) has on last Friday announced that it will start on January 1, 2024 operations of its Climate Action Catalyst Fund (CACF) — a first-of-its-kind…
Zetrix and Beitou launch digital ID and driver’s license services on blockchain
Zetrix, a layer 1 public blockchain platform of Malaysia-based MY E.G. Services Bhd, has on last Saturday announced the launch of its groundbreaking Digital Credentials platform,…
JICA to provide up to $1.5B for ADB-managed LEAP 2 Fund to support infrastructure in Asia and the Pacific
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia's Private Infrastructure Fund 2 (LEAP…
YTL partners NVIDIA to build AI infrastructure in Malaysia
Malaysian utility firm YTL Power International Berhad (YTL) has on Friday announced a collaboration with United States chip manufacturer NVIDIA to build artificial intelligence…
ADB lends $400M to support climate priorities in Bangladesh
The Asian Development Bank (ADB) has on Friday approved a $400 million policy-based loan to support the government of Bangladesh in implementing its National Adaptation Plan,…
ASEAN Reinsurance Working Committee inks MOU to establish ASEAN renewable energy pool
The ASEAN Reinsurance Working Committee (ARWC) has signed a Memorandum of Understanding (MOU) in pledging support in the form of underwriting capacity as well as setting up the…
MAS publishes code of conduct for providers of ESG rating and data products
The Monetary Authority of Singapore (MAS) has on Wednesday published its finalized code of conduct for environmental, social, and governance (ESG) rating and data product…
WWF, BCG, and Think City launch regional initiative for nature-based solutions, climate analytics and AI
The World Wide Fund for Nature (WWF), Boston Consulting Group (BCG), and Think City, have announced the launch of the Report and the Southeast Asia Climate Adaptation and…
Singapore and China enhance digital finance and capital markets cooperation
The Monetary Authority of Singapore (MAS) has on Thursday announced new digital finance and capital markets initiatives to expand its financial cooperation with China. The…
Japan’s Sansan Global Development Center expands to larger Cebu premises as its hires 100 software developers
Sansan, Inc., a Japanese provider of cloud-based solutions that promote digital transformation (DX), has on Friday announced its expansion into larger premises for its Sansan…
ADB approves $659M in financing to support Pakistan’s sustainable development
The Asian Development Bank (ADB) has approved three projects totaling $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development.…
