Author: TechNode Global Staff

The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.

SUNRATE, an intelligent global payment and treasury management platform based in Singapore, has announced on Tuesday that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round.

Taiwanese battery-swapping refueling platform provider Gogoro will manufacture and deploy smart battery infrastructure in India's State of Maharashtra that would exceed $1.5 billion over eight years.

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves.

Interest in lending products in Southeast Asia (SEA) has risen by 15 percent since 2020, according to an investment platform Robocash Group. The fastest growing segment of lending in the region is related to online loans.

NDR Medical Technology, an artificial intelligence (AI)-empowered interventional robotics company in Singapore, has on Wednesday announced that its automated robotic device automated needle targeting system (ANT)-X has been granted FDA 510(k) clearance by the United States Food and Drug Administration (FDA).

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Dat Bike Vietnam Ltd. (Dat Bike) have signed a strategic agreement which allows the Vietnam’s international bank to help the electronic motorbike manufacturer digitalize their financial operation, and set up their initial footprint in the overseas financial market, opening up more opportunities to access foreign…

Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia.

Thailand-based consumer financial services company Krungthai Card Public Company Limited (KTC) has partnered with China-based technology firm Ant Group to launch has launched 'Alipay+', a suite of global cross-border digital payment and marketing solutions, on KTC's payment gateway.

Indian venture capital firm Arkam Ventures has launched its Fund II with a target size of $180 million to tap "Middle India" opportunity. The fund will continue to build a thesis-driven, concentrated portfolio by going deeper in its existing sectors and, as well as identifying category leaders in promising areas like manufacturing, tech and electric…