Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China
Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly…
Singapore launches generative AI testing toolkit to address LLM safety and security challenges
Singapore has launched AI Verify- Project Moonshot, a testing toolkit designed to address security and safety challenges often associated with the use of large language models…
Malaysia’s SP Setia partners with China’s Ant Digital Technologies to unveil “Setia Go” app
Malaysian property developer S P Setia Bhd (Setia) has unveiled its newest app Setia Go in a bid to elevate Setia’s smart communities, in collaboration with Chinese tech firm Ant…
ADB supports Alternergy’s first green corporate loan
The Asian Development Bank (ADB) is supporting Alternergy Holdings Corporation (AHC), a listed Philippine renewable energy developer, in securing its first green corporate loan.
India’s Infra.Market secures additional $50M in financing from Mars Unicorn Fund
Infra.Market, an India-based tech construction material solutions company, has secured an additional $50 million in financing from MARS Unicorn Fund, a joint venture from…
ADB doubles climate financing as transactions hit new high
The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects…
Ficus Capital partners INCEIF University to launch ESG-i assessment framework for MSMEs in Malaysia
Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i)…
Gentari partners Lazada to expand green mobility adoption in Malaysia
Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green…
Triple-A to integrate Paxos-issued PayPal USD into its payments solutions
Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept…
HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode
Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside…
Bain & Company : SEA’s private equity deal falls in 2023 amid global turmoil
The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume…
Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia
Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic…
Disrupt Technology Venture unveils health tech fund with leading Thai business groups
Thailand-based investment firm Disrupt Technology Venture (Disrupt) has announced the introduction of Disrupt Health Impact Fund with the first group of co-investment partners…
MyCIF co-invests $61.4M in 2023 in 3,587 Malaysian MSMEs
The Malaysia Co-Investment Fund (MyCIF) has co-invested MYR 289 million ($61.4 million) via alternative financing platforms in 2023, consistently spurring growth and enhancing…
