TNGlobal Staff
Sea’s revenue up 22.8 percent year on year in first quarter
Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.
IFC and EU partners with Commercial Bank of Ceylon to scale up green finance in Sri Lanka
In a move to spur sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) have partnered with the Commercial Bank of Ceylon (CBC) to scale up green finance, supporting the country's commitments towards a low-carbon economy.
Uber Eats to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950M
Uber Technologies, Inc. and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash.
Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia
Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).
Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers
Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for Taobao shoppers in Singapore.
Teleport targets to deliver 2 mln parcels daily by 2025
Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.
Bursa Carbon Exchange to soon begin offering Malaysian carbon credits via aution
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, will be hosting an auction of its first Malaysian carbon credits on 25 July 2024.
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka Power, along with other significant venture capital firms in Southeast Asia and corporates such as Indogen Capital, SMDV and East Ventures.
IFC invests in Türk Ekonomi Bankası to enhance access to finance for climate-focused, women-owned smaller businesses in Türkiye
The International Finance Corporation (IFC) has embarked on a new investment in Türk Ekonomi Bankası A.Ş. (TEB), a private bank primarily serving corporate customers and small enterprises, aims to bolster access to finance for small and medium enterprises (SMEs), with a focus on climate mitigation and adaptation projects, women-owned businesses, and…
Gentari partners BMW Group Malaysia to provide EV charging facilities at The Exchange TRX
Gentari Sdn Bhd (Gentari) through its subsidiary Gentari Green Mobility Sdn Bhd, has in partnership with BMW Group Malaysia, to activate new electric vehicle (EV) charging facilities in the country’s new leading lifestyle destination, The Exchange TRX.
