News
Malaysia’s VentureTECH drives renewable energy innovation with investment in MTC Orec
VentureTECH Sdn. Bhd., a Malaysia-based impact investment company, has on Monday announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a bumiputera company in Malaysia specializing in the bioenergy sector.
Malaysia ends 2024 as Southeast Asia’s top data center hub with $23B investments
Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.
Yondr raises $900M from IFC and global lenders for data center in Malaysia
Global data-center operator Yondr Group has raised over $900 million from International Finance Corporation (IFC) and a consortium of six international financial institutions to finance its hyperscale data-center campus in Malaysia.
XTransfer partners OCBC for global multi-currency accounts
XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and OCBC, the Singapore-based financial services group, have jointly announced the comprehensive partnership for global multi-currency accounts.
Toyoda Gosei acquires stake in EV Motors Japan
Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses.
Travel Alliance partners Grab, Trip.com for cross-border telco rewards program
The Travel Alliance, comprising Singtel, AIS, Globe, HKT, Optus, Taiwan Mobile and Telkomsel, has on Friday announced strategic partnerships with ride-hailing, delivery, and travel brands Grab and Trip.com for cross-border telco rewards program.
Catcha Digital acquires 60 percent stake in Drive 2 Digital for $3.59 million
Malaysian digital media firm Catcha Digital Berhad has on Friday announced that it has acquired a 60 percent interest in Drive 2 Digital Sdn Bhd (D2D) for a cash consideration of MYR 16.2 million ($3.59 million) to strengthen its position in automotive digital media.
Singapore’s Crypto.com renews partnership with Formula 1 to 2030
Singapore-based cryptocurrency exchange company Crypto.com has on Thursday announced that it is extending its relationship with Formula 1® to 2030.
Mober, BDO sign commercial EV fleet financing in the Philippines to boost green logistics
Mober, the Philippines-based green logistics firm, has partnered with Philippine bank BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks.
Singapore’s bolttech raises over $100M in Series C funding round funding led by Dragon Fund
Bolttech, the Singapore-based insurtech, has raises over $100 million in Series C funding round funding led by Dragon Fund by Liquidity and MUFG.
