TNGlobal Staff

Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang

ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).

Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund

Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.

Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries

Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,

Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion

Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.

Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets (RWAs) for Japanese brands and IPs.

MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation

MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies.

Singapore dating agencies Lunch Actually and Paktor merge

Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.

ADB sharpens strategic focus, accelerates efforts to combat climate change in Asia and the Pacific

The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including accelerated efforts to combat climate change and expand private sector development.

Singapore’s Charge+ completes $8M Series A funding with TNB Aura and TRIVE

Charge+, a Singapore-based electric vehicle (EV) charging operator, has completed Series A funding round with $8million raised. Series A is led by TRIVE Venture Capital with Christopher Quek joining the Charge+ board, and with TNB Aura leading the recent Series A2 round.

Singapore’s Clime Capital invests in Philippine solar provider Upgrade Energy

Clime Capital, the Singapore-based fund manager dedicated to driving the shift towards a low-carbon economy, has on Monday announced an investment through the South East Clean Energy Fund II (SEACEF II) in Upgrade Energy Philippines (UGEP), a key player in the Philippine solar project landscape.