News

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.

Malaysia launches ASEAN Startup Initiative

As Malaysia prepares to assume the ASEAN Chairmanship in 2025, this initiative aligns perfectly with our vision to position ASEAN as a global hub for innovation and entrepreneurship.

Malaysia’s Catcha Digital acquires 70 percent stake in Tastefully for $1.7M to enter consumer food expo sector

Malaysian digital media firm Catcha Digital Berhad is acquiring a 70 percent equity interest in Tastefully Malaysia Sdn Bhd for a cash consideration of MYR 7.6 million ($1.69 million) to enter consumer food expo sector.