Malaysian automaker Proton opens R&D facility in China
Malaysian national carmaker Proton Holdings Bhd has opened its research and development (R&D) center at Hangzhou Bay in China last Saturday to strengthen its collaborative…
IFC partners KB Kookmin Card to launch $150M financing initiative in Indonesia, Thailand
The International Finance Corporation (IFC) has partnered South Korean credit card-issuing company KB Kookmin Card Co. (KBC) to launch $150 million financing package in Indonesia,…
Alipay+ inks agreement with Korea Easy Payment Foundation, Jeju Tourism Organization
Alipay+, a global cross-border mobile payment and digitalization technology platform operated by Ant International, has on Monday announced it signed a business agreement with the…
Temasek Trust launches philanthropy advisory services arm
Temasek Holdings-owned Temasek Trust has on Monday announced the launch of TT Foundation Advisors (TTFA) which aims to be a one-stop independent provider of philanthropy advisory…
IFC invests $7M in Philippine consumer fintech firm Salmon
To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC), a member of the World Bank Group, is investing $7 million in the country's…
JETOUR showcases hybrid off-road innovation at Beijing Auto Show; prepares entry into right-hand drive, European markets
Over the past years, JETOUR said it has demonstrated exceptional growth and a burgeoning dominance in the SUV segment. The company boasts the seventh position in China's…
AI agents from “thinking fast” to “thinking slow”
From fast thinking to slow thinking, #AI is evolving at an unimaginable pace. However, each ability is not absolutely good or bad but has its own unique advantages and suitability…
Mandiri Capital Indonesia unveils initiative for startups overseas
Mandiri Capital Indonesia (MCI), a corporate venture capital (CVC) firm backed by Indonesia’s largest financial corporate, Bank Mandiri, have unveiled its first overseas Xponent…
UAE marketplace WEE secures $10M funding from SIG INVESTMENT
WEE, a marketplace specializes in fast delivery services within Dubai, has announced a $10 million infusion (comprising equity and credit facilities) from SIG INVESTMENT.
Tikehau Capital and Flow Capital team up for investment opportunities in Asia and globally
Tikehau Capital, the global alternative asset management group, and Flow Capital, a private credit platform specializing in Asia-Pacific real estate debt investment, will join…
Alipay+ enables digital payment of 14 overseas e-wallets from nine countries and regions in Hong Kong
Users of 14 popular overseas e-wallets from nine countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile…
Salmon expands payment channels with ECPay partnership
Salmon Group Ltd, a financial technology group based in the Philippines, has on Thursday announced its strategic partnership with electronic payment systems provider ECPay, to…
Anichess raises $1.8M in funding round led by Sfermion and Amber Group
Anichess, Animoca Brands' chess-centered subsidiary, has on Thursday announced the completion of a funding round of $1.8 million. The round was led by Sfermion and Amber Group,…
