TechNode Global Staff

Zetrix and Beitou launch digital ID and driver’s license services on blockchain

Zetrix, a layer 1 public blockchain platform of Malaysia-based MY E.G. Services Bhd, has on last Saturday announced the launch of its groundbreaking Digital Credentials platform, ushering in a new era of secure, convenient, and interoperable credentials verification.

JICA to provide up to $1.5B for ADB-managed LEAP 2 Fund to support infrastructure in Asia and the Pacific

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia's Private Infrastructure Fund 2 (LEAP 2) with capital of up to $1.5 billion provided by JICA. The fund aims to co-finance high-quality, resilient, and sustainable infrastructure projects in Asia and the Pacific.

YTL partners NVIDIA to build AI infrastructure in Malaysia

Malaysian utility firm YTL Power International Berhad (YTL) has on Friday announced a collaboration with United States chip manufacturer NVIDIA to build artificial intelligence (AI) infrastructure that will bring the fastest supercomputers to Malaysia by the middle of 2024.

ADB lends $400M to support climate priorities in Bangladesh

The Asian Development Bank (ADB) has on Friday approved a $400 million policy-based loan to support the government of Bangladesh in implementing its National Adaptation Plan, 2023–2050 and Nationally Determined Contributions 2021 Update to the Paris Agreement to achieve a climate-focused inclusive development.

ASEAN Reinsurance Working Committee inks MOU to establish ASEAN renewable energy pool

The ASEAN Reinsurance Working Committee (ARWC) has signed a Memorandum of Understanding (MOU) in pledging support in the form of underwriting capacity as well as setting up the terms to the establishment of the ASEAN Renewable Energy Pool (AREP) under the supervision of ASEAN Insurance Council (AIC).

MAS publishes code of conduct for providers of ESG rating and data products

The Monetary Authority of Singapore (MAS) has on Wednesday published its finalized code of conduct for environmental, social, and governance (ESG) rating and data product providers (CoC) and an accompanying checklist for providers to self-attest their compliance to the CoC.

WWF, BCG, and Think City launch regional initiative for nature-based solutions, climate analytics and AI

The World Wide Fund for Nature (WWF), Boston Consulting Group (BCG), and Think City, have announced the launch of the Report and the Southeast Asia Climate Adaptation and Resilience (SEACAR) Alliance. SEACAR Alliance is a regional initiative that aims to emphasize the importance of nature-based solutions (NbS), climate analytics and artificial intelligence…

Singapore and China enhance digital finance and capital markets cooperation

The Monetary Authority of Singapore (MAS) has on Thursday announced new digital finance and capital markets initiatives to expand its financial cooperation with China. The initiatives are cross-border E-CNY pilot between China and Singapore, and launch of the exchange traded funds (ETF) product link between the Singapore Exchange (SGX) and Shanghai Stock…

Japan’s Sansan Global Development Center expands to larger Cebu premises as its hires 100 software developers

Sansan, Inc., a Japanese provider of cloud-based solutions that promote digital transformation (DX), has on Friday announced its expansion into larger premises for its Sansan Global Development Center, Inc. in Cebu. It comes as the company nears its 50 software developer milestone, since announcing plans to hire up to 100 earlier this year.