Singapore to invest over $743M in AI over the next five years – Budget 2024
"To support this strategy and further catalyse AI activities, I will invest more than $1 billion over the next five years into AI compute, talent, and industry development," Wong,…
IFC invests in Tajikistan’s first green bond to support climate-smart projects
The International Finance Corporation (IFC) has announced a subscription of up to $10 million in a landmark local currency green bond issued by Tajikistan's Eskhata Bank—the first…
India’s Ayekart raises $6.5M in Series A funding led by Omnivore, Siana Capital, Unleash Capital Partners
Ayekart, an India-based agrifood fintech platform, has raised $6.5 million in a Series A round led by Omnivore, Siana Capital, and Unleash Capital Partners. With this capital…
Vietnam’s VinFast partners with five dealers in Indonesia
Vietnamese carmaker VinFast Auto has officially signed the letter of intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast’s distribution…
Malaysia’s Secondlifeasia expands to Thailand via investment in Appidea
Secondlifeasia, a Malaysia-based smart device repair company, announced its expansion to Thailand, through a joint venture with Appidea Co., Ltd with an initial investment of…
Malaysia’s KWAP invests $21M in Bateriku, Lapasar, Vynn Capital and Antler
Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Friday announced the first batch of investments made under its Dana Perintis strategy. The…
Blue Planet Boosts Circular Economy with a majority stake in Mahindra Waste to Energy
Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet), a Singapore-based sustainable waste management firm, has finalized the acquisition of Mahindra Waste to Energy…
Vietnam’s VinFast introduces range of right-hand drive electric vehicles in Indonesia
Vietnamese car maker VinFast Auto has on Thursday debuted the company’s first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024.
Mocaverse partners with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet to expand Moca ID ecosystem
Mocaverse, the marquee membership network project by Animoca Brands, announced Friday the formation of strategic partnerships with major Web3 wallets OKX Wallet, Crypto.com DeFi…
Roadmap for 2024: Infrastructure growth, cyber threat vigilance, and sustainable monitoring practices
As businesses increase the number of systems in their IT networks, improved visibility, customization, and greater levels of control across IT infrastructures will become…
East Ventures names Sang Han as its new Partner for East Ventures South Korea fund
East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia, has announced Sang Han as a Partner for East Ventures South Korea fund. East Ventures said…
Malaysia, Indonesia, Thailand and Singapore stock exchanges team up to develop ASEAN Interconnected Sustainability Ecosystem
Stock exchanges in Malaysia, Indonesia, Thailand and Singapore said Thursday they have teamed up to develop an ASEAN Interconnected ASEAN Interconnected Sustainability Ecosystem…
GoTo denies merger talks with Grab – report
The news came after Bloomberg reported last week that the companies had restarted discussions for a merger.
EV delivery firm Mober secures $2m seed funding to advance green logistics expansion in the Philippines
Mober, a Philippine electric vehicle (EV) delivery company, has on Wednesday announced a $2 million seed funding round led by RT Heptagon Holdings (RTHH) under the leadership of…
