News
Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050
Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to complete its 2030 decarbonization target setting for high-emitting sectors in pursuit of its broader 2050 net zero commitments, that include thermal coal mining, cement, palm oil…
Set Sail AI partners Choco Up to drive generative AI adoption
Choco Up, a Singapore-based revenue-based financing (RBF) and growth platform, has announced a strategic partnership with Set Sail AI, a Hong Kong-based intelligent contact center solution, to facilitate the adoption of generative artificial intelligence (AI) solutions among businesses and merchants.
Indonesia’s Elevarm partners Amartha, Rabo Foundation & Scala in global collaborations to grow pro-farmer financing product
Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information technology firm Scala and Indonesian fintech firm Amartha.
Malaysia’s Oretha raises $105,759 via equity crowdfunding
Oretha Senior Care, a senior care provider in Malaysia, has announced the successful completion of its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with co-investment from MyCIF.
UNDP and DFINITY Foundation collaborate to boost financial inclusion for MSMEs
United Nations Development Programme (UNDP) has announced a new partnership with the DFINITY Foundation, which will leverage the Internet Computer blockchain technology to further develop and implement the Universal Trusted Credentials (UTC) initiative.
Ant Group, Mastercard, partner to extend International Consumer Friendly Zones program to facilitate inbound travel to China
Chinese fintech player Ant Group and American payment firm Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have extended the International Consumer Friendly Zones program to facilitate inbound travel to China.
MAS expands industry collaboration to scale asset tokenization for financial services
The Monetary Authority of Singapore (MAS) announced the expansion of initiatives to scale asset tokenization for financial services. This includes partnering with global industry associations and financial institutions to drive common asset tokenization standards in fixed income, foreign exchange (FX) and asset and wealth management.
Singtel partners Hitachi Digital to accelerate industrial AI solutions
Singtel, a Singapore-based communications technology group, and Hitachi Digital, a Japan-based end-to-end digital transformation services and technology firm, have announced a new collaboration that will pair Hitachi’s deep artificial intelligence (AI) expertise with Singtel’s Paragon platform, the all-in-one orchestration platform for 5G, edge computing…
Westcon-Comstor to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more
Global technology provider Westcon-Comstor has on Tuesday announced an expansion of its long-standing relationship with Finnish multinational telecommunications firm Nokia to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more.
Singapore’s Heymax.ai raises $2.6M in seed funding round led by January Capital
Singapore-founded loyalty platform Heymax.ai has on Tuesday announced it has raised $2.6 million in seed funding, led by January Capital. The round also saw participation from Tenity, Ascend Angels, XA Network and other strategic investors.
