News

Second Xero Beautiful Business Fund launched to support Singapore’s small businesses

Xero, a New Zealand-based small business platform, has announced the return of the Xero Beautiful Business Fund for 2024 — an initiative offering more than SGD 630,000 ($466,720) in funding to support small businesses and non profits with their growth plans and help drive future success.

Vietnam’s Nami Distributed Energy receives $10M investment from Clime Capital

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has invested $10 million in Nami Distributed Energy (Nami), the Vietnam-based clean energy company driving innovative distributed energy solutions for commercial and industrial clients.

HSBC partners Visa to develop Zing international money app

Global payment firm Visa and banker HSBC have on Tuesday announced the technological collaboration in support of HSBC Group’s new international payments app, Zing.

DHL Express partners CIMB to reduce carbon dioxide equivalent through sustainable aviation fuel

Global logistics firm DHL Express has signed an agreement with Malaysian lender CIMB Group Holdings Berhad to welcome the banking group onboard its GoGreen Plus program. The partnership enables CIMB to leverage the use of sustainable aviation fuel (SAF) to mitigate the carbon dioxide equivalent (CO2e)emissions associated with its international shipments.

Vinfast invests $1.2B to build local assembly plant in Indonesia

Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.

Validus appoints Chong Khai Siang as group Chief Financial Officer

Validus, a Singapore-based one-stop small and medium-sized enterprise (SME) financing platform, has on Monday announced the appointment of Chong Khai Siang as group Chief Financial Officer (CFO) of Validus.

FREENOW integrates Alipay+ to enable Asian e-wallets acceptance in seven European countries

FREENOW, an European taxi app, has integrated Alipay+ cross-border mobile payment solutions with its taxi cab services in seven European countries: Spain, Germany, Ireland, Italy, France, Greece and Austria.

The Sandbox, Minto and Copro Corporation team up to produce NFTs

The Sandbox, Minto and Copro Corporation, have been authorized with permission from Kodansha Ltd. to produce non-fungible tokens (NFTs) and create Attack on Titan LAND on "The Sandbox" in the Web3 gaming decentralized metaverse.

SK Telecom partners Singtel to develop next-generation telco technology and solutions

Singaporean telecommunications firm Singtel and South Korean telecommunications operator SK Telecom have teamed up to develop next-generation telco technology and solutions.

PT Energi Selalu Baru secures strategic investments from LX Ventures, SAIC Capital in pre-series A fundraising round

PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.