News
Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.
INA partners AllianzGI to deploy up to $200M annually into hybrid capital solutions opportunities in Indonesia
Indonesia Investment Authority (INA) and Allianz Global Investors (AllianzGI) will aim to deploy up to $200 million annually into hybrid capital solutions opportunities, which serve as customized credit solutions for Indonesian businesses.
Vietnam’s VinFast’s Q2 gross loss widens on impairment charge
During the quarter, VinFast delivered 13,172 vehicles, a 44 percent increase compared to the previous quarter and a 43 percent increase year-over-year.
Indonesia’s GoTo Group partners Tencent for cloud infrastructure & digital services
As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.
Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report
TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.
Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity
Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.
Temasek-backed ABC Impact leads Aye Finance $30M Series G funding
Indian fintech firm Aye Finance has entered into definitive agreements for INR 250 crores ($30 million) in Series G funding, led by Singapore’s ABC Impact, the leading Pan-Asia impact investor backed by Temasek and Temasek Trust.
Indonesia’s eFishery to expand Indian market after positive first year achievements
EFishery, an Indonesian aquaculture technology company, intends to continue expanding the Indian market by targeting other strategic areas in India, especially South and East India, after positive first year achievements.
Mox Capital announces strategic support for rapid-scaling startups across Vietnam and Southeast Asia
Mox Capital, venture capital firm based in the United States, has announced its strategic support for a vast array and variety of regional high-potential startups across Vietnam and Southeast Asia.
MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities
Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.
