Norfund grants $30M convertible loan to Vietnam’s SeABank
Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest $30 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) in form of…
Japan’s Ayudante acquires Singapore digital marketing company Sparkline
Ayudante, a Japan-based digital marketing and digital measurement consulting agency, has announced its acquisition of Sparkline, a Singapore-based digital marketing company.
Iskandar Investment Berhad partners TM-Nxera to drive digital transformation in Iskandar Puteri
Iskandar Investment Berhad (IIB), the master developer of Iskandar Puteri of Johor in Malaysia, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera,…
Singapore’s ZA Tech raises $35M in Series A funding led by EQT
ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as…
Airwallex for Startups debuts in Singapore to help drive local startup success
Amid increasing positive sentiment about the business climate , Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city- state's…
UiPath survey reveals Singaporean workers have the highest rate of Gen AI usage globally
A new survey commissioned by UiPath, an enterprise artificial intelligence (AI) and automation software company, found that 60 percent of workers in Singapore are using generative…
Malaysia’s Accendo Technologies inks deal with Welliba for global expansion with AI innovation
Accendo Technologies, a Malaysia-based firm in talent intelligence, selection, development, and upskilling, has inked deal with global employee experience and activation…
HSBC provides social loan for Vietnamese biotechnology company Gene Solutions
HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its…
How generative AI will fuel value for businesses if effectively implemented
#GenAI stands at the forefront of technological innovation, offering businesses unprecedented opportunities to enhance their operations, engage customers, and drive growth. By…
ADB signs $50M commitment to accelerate energy transition in Asia and the Pacific
The Asian Development Bank (ADB) has signed a $50 million commitment to Actis Asia Climate Transition Fund, an infrastructure fund managed by Actis, a global sustainable…
Malaysia, China ink science & technology expertise exchange – report
Among other things, the MoU will lead the scope of cooperation to include exchange programs of scientists and researchers, partnerships between research institutions as well as…
Temasek’s Temus appoints Ng Lai Yee as new Chief Executive Officer
Temus, a digital transformation services firm established by Temasek and UST, has welcomed Ng Lai Yee as its new Chief Executive Officer (CEO) starting July 1, 2024.
IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains
International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its…
Singapore and Cambodia initiate Financial Transparency Corridor initiative
The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have on Tuesday announced the start of the Financial Transparency Corridor (FTC) initiative…
