TNGlobal Staff

Southeast Asia IPO raised surges 85 percent on year to $2.5B in first half – EY

Southeast Asia saw a total of 35 initial public offerings (IPOs) that raised $2.5 billion, down 30 percent in volume and 85 percent increase in proceeds compared with 50 IPOs raising $1.4 billion in the first half of 2025, EY said Friday.

ASEAN emerges as key market, manufacturing hub for EVs – BMI

As electric vehicle (EV) adoption accelerates across South East Asia, ASEAN is evolving from an emerging demand center into an increasingly important manufacturing and supply-chain hub, BMI Country Risk and Industry Research said Thursday.

Singaporean-founded Paymonade secures license to provide crypto-asset services in Europe

Singaporean-Founded Paymonade has been granted a MiCA license by Liechtenstein's Financial Market Authority (FMA) to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable license.

Singapore’s Crypto.com secures $400M strategic investment from Citadel Securities

Crypto.com announced Thursday a strategic $400 million investment from Citadel Securities valuing the company at $20 billion.

Analysts see silver lining from the Iran War for Malaysia’s renewable energy sector

The Iran War has provided a silver lining for renewable energy (RE) in Malaysia due to rising grid power cost as a result of higher fuel prices (coal and Tier 2 gas) which has improved the economics for RE and driven stronger demand for RE as a cheaper alternative among consumers, analysts said in recent reports.

Asia remains at the center of the transformational AI investment story

Asia remains at the center of the transformational artificial intelligence (AI) investment story, as it expands from a narrow focus on chips and data centers to a much larger ecosystem spanning memory, compute, power infrastructure, grid upgrades, industrial systems and advanced manufacturing, MetLife Investment Manager and PineBridge Investments said on…

Capbay collaborates with MDEC to expand $49M growth financing for Malaysia’s tech companies

Bay Smart Capital Ventures Sdn Bhd (CapBay), a Malaysian FinTech company, is collaborating with the Malaysia Digital Economy Corporation (MDEC) through the MD Technology Financing Program to expand access to growth financing for Malaysia Digital (MD) Status companies.

Malaysia to launch 2.5GW LSS6 program with battery storage, targets $3.68B investment

Malaysia will launch its sixth Large-Scale Solar (LSS6) program, offering 2,500 megawatts (MW) of solar generation capacity integrated with battery energy storage systems (BESS), as the government steps up efforts to accelerate the country's energy transition and expand renewable energy capacity.

DigiFT partners SBI to launch JX token

DigiFT, a Singapore and Hong Kong-based regulated digital asset exchange for institutional-grade real-world assets (RWAs), and SBI Global Asset Management Co., Ltd. (SBI GAM), a subsidiary of SBI Holdings, Inc., have on Wednesday announced the launch of the SBI Japan High Dividend Equity Strategy Token (JX token).

MATRADE, DHL deepen strategic partnership to strengthen export resilience of Malaysian MSMEs

Malaysia External Trade Development Corporation (MATRADE) and DHL Express have signed a new memorandum of understanding (MoU), extending their strategic partnership to strengthen the export readiness and competitiveness of local businesses.