News

ADB, Mastercard launch innovative partnership to finance MSMEs in Asia and the Pacific

The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a groundbreaking partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific.

Malaysia’s Meta Bright forges partnership with Tunas Manja for solar PV installation

Meta Bright Group Berhad, a Malaysia-listed company, has announced a strategic partnership with Tunas Manja Sdn. Bhd.(TMG), a Malaysia-based grocery and retail operators, for solar photovoltaic (PV) installation.

Accenture to set up ‘AI refinery engineering hub’ in Singapore

The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.

Hong Kong’s ZA Bank becomes Asia’s first bank to offer crypto trading services for retail users

Global crypto demand is skyrocketing, with users reaching 560 million by mid-2024 — a 30 percent year-on-year increase. Crypto market capitalisation has surged nearly 90 percent, surpassing $2.3 trillion. Bitcoin hit record highs following the US presidential election, driven by expectations of crypto-friendly policies from the new Congress.

Hong Kong’s Animoca Brands makes strategic investment in Pudgy Penguins’ parent company Igloo, Inc.

The investment expresses Animoca Brands' belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to and that is characterized by its emphasis on direct distribution for consumer…

Temasek-backed blockchain FinTech firm Partior welcomes Deutsche Bank as strategic investor

This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

ADB launches Environment Action Plan to boost nature-positive investments

The Asian Development Bank (ADB) has launched its Environment Action Plan 2024–2030 presenting a road map for addressing the impacts of the triple planetary crisis of biodiversity loss, pollution, and climate change in Asia and the Pacific.

Gentari partners Mastercard to boost EV adoption in Asia Pacific

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari), through its subsidiary Gentari Green Mobility Sdn Bhd, and Mastercard have announced their collaboration towards promoting electric vehicle (EV) adoption in Asia Pacific.

ASEAN stock exchanges to explore centralized ASEAN ESG data infrastructure

ASEAN-Interconnected Sustainability Ecosystem (ASEAN-ISE) participating exchanges have issued a request for information (RFI) to develop a centralized ASEAN environmental, social, and governance (ESG) data infrastructure.

Yinson GreenTech’s chargEV collaborates with eLoaded to improve EV charging infrastructure through DC grid technology

ChargEV, Malaysia-based Yinson GreenTech's charge point operator, has on Tuesday announced an exclusive collaboration with eLoaded, a Germany-based developer and operator in direct current (DC) grid technology.