News

Swedfund invests $20M in Vietnamese EVF General Finance JSC for climate action

Sweden-based Swedfund is investing in Vietnamese EVF General Finance JSC (EVF) through a loan of up to $20 million.

AnyMind to acquire Japan-based distributor Sun Smile

AnyMind Group, a business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced that it has agreed to acquire all shares of Sun Smile Inc, a Japan-based distributor and brand owner in the beauty and personal care sector.

Singapore’s Galatek raises $30M Series A funding to accelerate AI-powered automation in life sciences, semiconductor manufacturing

Galatek, a Singapore-based automation and artificial intelligence (AI) startup, announced Friday that it has secured approximately $30 million in Series A funding.

IFC provides $70M financing to Malaysia’s XSD to boost environmentally responsible paper production

To create jobs and promote sustainability in Malaysia’s paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a manufacturer of coated duplex board paper and grey board in Malaysia.

Grab, Momenta team up to bring autonomous driving technology to Southeast Asia

Momenta, a Chinese autonomous driving technology company, has entered into a strategic partnership with Grab, Southeast Asia’s leading superapp, which includes a strategic investment by Grab and a joint effort to bring advanced autonomous driving technologies to the region’s complex urban mobility markets.

Moratelindo merges with MyRepublic Indonesia to accelerate equitable development of digital ecosystem in Indonesia

PT Mora Telematika Indonesia Tbk (Moratelindo) and PT Eka Mas Republik (MyRepublic Indonesia) have on Thursday announced strategic merger to accelerate equitable development of digital ecosystem in Indonesia.

Malaysia’s Yinson Renewables acquires Mt Cass Wind Farm in New Zealand

Malaysia-based Yinson Renewables has acquired the rights to the Mt Cass Wind Farm from MainPower New Zealand Limited.

I-Berhad unveils Malaysia’s first AI experience center at i-City

I-Berhad, a Malaysia-based property developer, announced Thursday the successful opening of the AI World Experience Center at i-City, marking the first physical public activation of AI World, Malaysia’s first artificial intelligence (AI) enabled urban precinct.

Crypto.com collaborates with DBS to enhance fiat capabilities in Singapore

Singapore-based Crypto.com announced Thursday a strengthening of its fiat payment capabilities with DBS Bank, Singapore's largest bank by assets.

Delta Electronics partners College of Design and Engineering at NUS to advance sustainable data center innovation

Delta Electronics (Singapore) announced Thursday the signing of a Memorandum of Understanding (MOU) with the College of Design and Engineering (CDE) at the National University of Singapore (NUS) to explore the development of advanced technologies for next-generation sustainable data centers.