Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund

Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.

Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries

Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity…

Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion

Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang…

Singapore’s SDAX closes $50M Series B2 funding round

SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining…

Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets…

MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation

MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their…

Singapore dating agencies Lunch Actually and Paktor merge

Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.

GIC-backed payment firm Nium pushes back IPO plans – report

Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing…

Malaysia’s MYEG partners GACC-owned East Logistics to set up National Single Window Trade Platform for ASEAN countries

MYEG announced on Friday an exclusive collaboration with East Logistics Link Co., Ltd., a wholly-owned agency of the General Administration of Customs of the People’s Republic of…

ADB sharpens strategic focus, accelerates efforts to combat climate change in Asia and the Pacific

The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including…

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BNPL: Paving a way, or a passing trend?

There is a firm dedication that BNPL will co-exist with other financial solutions in the market. There should be a thoughtful approach that recognizes both its advantages and…

Singapore’s Charge+ completes $8M Series A funding with TNB Aura and TRIVE

Charge+, a Singapore-based electric vehicle (EV) charging operator, has completed Series A funding round with $8million raised. Series A is led by TRIVE Venture Capital with…

Singapore’s Clime Capital invests in Philippine solar provider Upgrade Energy

Clime Capital, the Singapore-based fund manager dedicated to driving the shift towards a low-carbon economy, has on Monday announced an investment through the South East Clean…

BMI : Malaysia agritech adoption to accelerate as 5G connectivity spreads

Technology-related investments in Malaysia's agribusiness sector are expected to pick up over the next five years, as 5G connectivity becomes more widespread and the state's…