CapitaLand Investment acquires logistics property in South Korea for $82.5M

Singapore-based real estate investment firm CapitaLand Investment Limited’s (CLI) has acquired a newly completed, Grade A logistics property in South Korea for SGD 112 million…

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The game changer for online retail in Asia: Digital shelf AI-driven analytics and beyond

A digital shelf analytics platform is crucial. In the context of #ecommerce, a digital shelf is the online version of product shelves at a brick-and-mortar store. It is a…

Airasia Digital rebrands as next MOVE with new leadership

In a strategic move to emphasize its commitment towards travel, the digital arm of Capital A, airasia Digital has announced its transformation into MOVE Digital (MOVE). This…

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the…

KKR to acquire 20 percent stake in Singtel’s regional data center business for $800M

Singtel, Singapore-based communications technology group, and United States-based investment firm KKR have reached a definitive agreement under which a fund managed by KKR will…

Malaysia plans to establish its own space launch site, develop space economy – report

MYSA is liaising with several parties and industries that are keen on participating in the development of this facility.

Hong Kong’s Bowtie secures $34.9M Series B2 funding to fuel expansion and innovation

Bowtie, a Hong Kong-based virtual insurer, has announced the successful completion of a $34.9 million Series B2 funding round. The round was led by main investor Sun Life Hong…

Malaysia’s Gentari rebrands WIRSOL Energy to officially commence operations in Australia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of…

Singapore’s SMI Vantage to set up Bitcoin mining business in Malaysia

SMI Vantage Limited, a Singapore-based firm focused on developing new economy businesses, plans to set up its Bitcoin mining business in Malaysia. The firm will begin the process…

Singapore-headquartered SHEIN allocates additional $85M for global community empowerment

SHEIN, a global, integrated, fashion and lifestyle marketplace , announced Thursday that it is allocating an additional $85 million over five years towards initiatives that…

Kedaara Capital invests in Indian ed-tech firm K12 Techno Services

K12 Techno Services Private Limited (K12 Techno), a an education and technology services provider in India, has on Thursday announced an investment from Kedaara Capital, for a…

Dubai’s Cultos Global Web3 venture secures investment from industry leaders

Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the…

South Korean AI chip firm Panmnesia raises $12.5M in seed funding with a valuation exceeding $81.4M

Panmnesia, a South Korea-based fabless semiconductor company focused on CXL (Compute Express Link) technology, has on Friday announced its successful completion of a seed funding…

India’s Kae Capital announces the final close of its Winners Fund II at $50M

Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.