IFC and EU partners with Commercial Bank of Ceylon to scale up green finance in Sri Lanka
In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) have partnered with the Commercial Bank of Ceylon…
Uber Eats to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950M
Uber Technologies, Inc. and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash.
Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia
Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).
Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers
Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for…
Teleport targets to deliver 2 mln parcels daily by 2025
Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.
Strengthening Singapore’s cybersecurity frontline with zero trust
In the digital era, #data is the new gold, driving economies and shaping societies – and just like gold, criminals covet data. #Singapore, a beacon of technological innovation and…
Bursa Carbon Exchange to soon begin offering Malaysian carbon credits via aution
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, will be hosting an auction of its first Malaysian carbon credits on 25 July 2024.
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka…
How to reduce the cybersecurity risks of digital transformation
Encouraging enterprises to adopt a proactive cybersecurity strategy is essential to avoiding emerging threats and ensuring #data protection. #Cybersecurity requires continuous…
Tencent-backed Airwallex courts Middle Eastern wealth funds – report
The firm has 60 licences and permits globally, in markets including Australia and New Zealand, Europe, Hong Kong, Singapore, the UK and the US.
Singapore’s GIC bets on Latin American infrastructure companies, targets smaller tech firms – report
GIC Pte Ltd, Singapore's sovereign wealth funds, is making an outsized bet on Latin American infrastructure, while targeting smaller technology companies in the region
IFC invests in Türk Ekonomi Bankası to enhance access to finance for climate-focused, women-owned smaller businesses in Türkiye
The International Finance Corporation (IFC) has embarked on a new investment in Türk Ekonomi Bankası A.Ş. (TEB), a private bank primarily serving corporate customers and small…
Gentari partners BMW Group Malaysia to provide EV charging facilities at The Exchange TRX
Gentari Sdn Bhd (Gentari) through its subsidiary Gentari Green Mobility Sdn Bhd, has in partnership with BMW Group Malaysia, to activate new electric vehicle (EV) charging…
IFC provides $30M to M bank to increase digital lending for women and small businesses in Mongolia
International Finance Corporation (IFC) announced Wednesday that it has provided $30 million to M bank, Mongolia's first digitally focused bank, to increase digital lending for…
