Author: TechNode Global Staff
SFC consults on proposals to regulate virtual asset trading platforms
The Securities and Futures Commission (SFC) has on Monday launched a consultation on the proposed requirements for operators of virtual asset trading platforms. Under a new licensing regime to take effect on June 1, 2023, all centralised virtual asset trading platforms carrying on business in Hong Kong or actively marketing to Hong Kong investors will need…
CapitaLand Investment establishes China Data Centre Development Fund with $750M investments
Singaporean investment firm CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP). CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion of the projects, will add approximately S$1 billion ($750 million) to…
Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners
Bintang Capital Partners Berhad (Bintang) has announced its second investment under its maiden fund, BCP Asia Fund I L.P., into Involve Asia Technologies Sdn. Bhd. The $10 million investment round of Involve Asia was led by Bintang, and supported by co-investors Orbit Capital Malaysia, 500 Global, and Monumental Productions.
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).
Fitch Solutions sees Malaysia’s EV sales to reach 1 percent of total vehicle sales by 2024
Fitch Solutions has on Monday anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption.
Princeton Digital to invest $1B for data center campus in Malaysia and Indonesia
Princeton Digital Group (PDG), Asia’s leading data center provider, has on Monday unveiled its SG+ strategy with the announcement of a 96 MW data center campus in Batam.
Singapore’s ProfilePrint partners Guatemala’s Anacafé to provide digital platform to Guatemalan coffee farmers
Anacafé, the Guatemalan National Coffee Association and ProfilePrint, a Singapore-based artificial intellignece (AI) agrifood tech company, have on Monday announced an alliance to provide Guatemalan coffee farmers a digital platform to grade their coffee beans more effectively and efficiently with its cutting-edge technology, complementing the current…
JICA partners ANGIN to hold NINJA accelerator Demo Day in Indonesia
Government agency Japan International Cooperation Agency (JICA) has partnered with Indonesian investment platform ANGIN on NINJA accelerator program 2022.
AC Ventures launches advisor community to support startups
Indonesia’s leading early-stage venture capital firm AC Ventures (ACV) has on Tuesday formally announced its latest value creation initiative in the form of an expert advisor community, designed to help startups achieve operational excellence from day one.
Carsome enters after sales market with launch of Carsome service center
Malaysia-based integrated car e-commerce platform Carsome has ventured into the after-sales car service market with the launch of Carsome Service Center.
