Yimie Yong

Singapore’s Clime Capital invests in Indonesia distributed solar developer Hijau

Established in 2017, Hijau said it has been a pioneer in Indonesia’s still nascent solar market. With an established track record in delivering solar energy solutions for Commercial and Industrial (C&I) customers, the company is actively expanding its project pipeline to meet the growing demand for sustainable energy.

Malaysia’s GHL & JCB expand payment options across Malaysia, Thailand & the Philippines

GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.

Singapore’s NextGen.AI bags $343k pre-seed investment from Asiawide Print Holdings

With this new capital fund injection, NextGen.AI aims to advance its research in knowledge-based personalization models to provide and also register its own IP in the company's research work.

Indonesia forms $1.2B battery venture with China’s EV battery maker CATL -report

Indonesia has announced a joint venture with China’s Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production.

Malaysia approves 12 data center projects worth $20.9B greenlit from 2021 to June 2024 – report

The Malaysian Investment Development Board has approved 12 data center investment projects that include data center activities, cloud computing and data hosting with an investment of MYR90.2 billion ($20.9 billion) over the period from 2021 to June 30, 2024, national news agency Bernama reported. The Ministry of Investment, Trade and Industry announced that…

Vietnam’s Vingroup to divest stakes in AI firms – report

Vietnam’s largest private conglomerate Vingroup is said to be working towards selling its stakes in AI firms VinBrain and VinAI to global tech companies, Singapore-based media The Business Times reported on Wednesday, quoting three sources.

Ant International’s WorldFirst sees total transaction volume soars to $300B

China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.

Yuno welcomes former Uber & JP Morgan Director to lead APAC partnerships, drive regional growth

Yuno earlier this year raised a $25 million Series A round from investors including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, to fuel its ambitious expansion plans across Asia, Europe, the Middle East, and Africa.

Indonesia blocks e-commerce app Temu over regulatory violations – report

Temu is operated by PDD Holdings, the parent company of the well-known Chinese retailer Pinduoduo.

Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles

This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of global economic growth.