China’s BYD to build EV plant in Indonesia, groundbreaking expected in July – report
China-based electric vehicle producer BYD announced plan to build an automotive assembly plant in Indonesia's West Java, with groundbreaking scheduled for July.
India’s Avaada Energy closes $535M refinancing for its four solar projects in Rajasthan
Avaada Energy, the renewable energy arm of India-based Avaada Group, has announced the successful closure of INR 4,471 crore ($535 million) of refinancing from the state-owned…
Microsoft to invest $2.2B in cloud and AI in Malaysia
American technology firm Microsoft has on Thursday announced that it will invest $2.2 billion over the next four years to support Malaysia’s digital transformation – the single…
Direct Lending partners Tan Chong Motor to introduce Shariah-compliant auto service financing plan in Malaysia
Direct Lending, a Malaysian digital lending platform, has on Thursday announced its partnership with Malaysian automotive firm Tan Chong Motor Holdings Berhad, to introduce a…
Touchstone Partners leads $720,000 seed investment round in Vietnam’s Happynest
Touchstone Partners is leading a $720,000 seed round in Happynest, a Vietnam-based home and living community and social-commerce platform for housing. This investment will help…
Beyond Ordinals, Runes are set to enhance the viability of new Bitcoin use cases
The integration of #Runes with #RWAs is in its nascent stages, which means there will be technical and regulatory concerns to look into. Despite the challenges, these solutions…
ORIGIN Innovation Awards Extended to Integrate with ORIGIN Conference for Maximum Innovator Impact
TNGlobal today announces the extension of the ORIGIN Innovation Awards to deliver an even more impactful and rewarding experience for finalists and winners, especially given…
Microsoft to open a new data center in Thailand
American technology firm Microsoft said Wednesday it will open a new data center region in Thailand. The data center region will expand the availability of Microsoft’s hyperscale…
Temasek-backed AI firm Blaize secures $106M funding
Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.
Flourish Ventures adds senior global investment team to lead India, SEA
Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will…
Microsoft announces AI skilling opportunities for 2.5M people in the ASEAN region by 2025
American technology firm Microsoft has on Tuesday announced a commitment to equip 2.5 million people in member states of the Association of Southeast Asian Nations (ASEAN) with…
Report : India agrifoodtech funding dips to pre-pandemic levels in 2023
The investment in Indian agrifood startups dips to pre-pandemic levels in 2023, plunging 60 percent from 2022 levels to reach just below $1 billion in 2023, a report said Tuesday.…
Singapore’s Beam sees revenue grow 36 percent on year in 2023
Fueled by surging demand and strong expansion, Singapore-based micromobility company Beam saw a 36 percent increase in gross revenue from 2022, to a record $53 million in 2023.
Microsoft to invest $1.7B in cloud and AI in Indonesia
American technology firm Microsoft has on Tuesday announced it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in…
