TNGlobal Staff

SMU launches research initiative on capital markets

Singapore Management University (SMU) has on Tuesday launched the Singapore Capital Markets Initiative (SCMI) to position Singapore at the forefront of a rapidly evolving global capital markets landscape.

East Asia food delivery GMV reaches $38.6B in 2025

The four East Asian markets generated an estimated $38.6 billion in food delivery platform gross merchandise value (GMV) in 2025, Momentum Works said Wednesday.

A.P. Moller Capital, Ayala complete partnership to accelerate AC Logistics’ growth

A.P. Moller Capital and Ayala Corporation announced Tuesday the completion of the strategic investment by A.P. Moller Capital – Emerging Markets Infrastructure Fund II in AC Logistics Holdings Corporation (AC Logistics), marking a significant milestone in the development of a leading integrated logistics provider in the Philippines.

Indonesia’s Xendit integrates with Philippines’ Dragonpay

Xendit, Indonesian payments infrastructure company, announced Wednesday the integration of Dragonpay Corporation, the Philippines’ alternative payments platfomr.

B Capital closes oversubscribed Ascent Fund III at $500M hard cap

B Capital, a global multi-stage investment firm, announced Monday the final close of B Capital Ascent Fund III, L.P. at its hard cap of $500 million in aggregate capital commitments.

Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong

Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.

AI data center boom tests Malaysia’s power, water and talent limits – AMRO

Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.

Singapore, Indonesia explore potential collaboration on offtake of imported low-carbon electricity

Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.

PingPong Payments secures Singapore’s in-principle approval for capital markets services license

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.

ESR, MCUDI expand Indonesia logistics partnership to develop assets valued over $80M

ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.