News

Malaysia’s Sime Darby Property and TNB’s GSPARX join forces to undertake rooftop solar projects

Malaysian property developer Sime Darby Property and utility firm Tenaga Nasional Berhad (TNB)’s solar solution provider subsidiary GSPARX have joined forces to undertake rooftop solar projects in Malaysia.

Filipino startup Packworks secures $60,000 government funding to develop AI-powered precision marketing tool for ‘sari-sari’ stores

Filipino startup Packworks has secured PHP3.5 million ($60,000) from Philippine government to launch $85,000 artificial intelligence (AI)-powered precision marketing tool for ‘sari-sari’ stores (neighborhood mom-and-pop stores).

Singapore’s Keppel DC REIT acquires a data center in Japan for $149M

Singapore-listed data center real estate investment trust Keppel DC REIT Management Pte. Ltd has entered Japan with acquisition of a hyperscaler data center in Tokyo for S$201 million ($149 million).

Malaysia’s Solarvest appoints new chief investment officer to drive investment strategies

Malaysia-based clean energy firm Solarvest Holdings Berhad has on Wednesday announced the appointment of Daniel Ruppert as its Chief Investment Officer, effective July 1, 2024.

Sumsub partners Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia

Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia.

Malaysia’s CelcomDigi launches AI Experience Center

Malaysia-based telecommunication firm CelcomDigi Berhad has on Tuesday launched its CelcomDigi AI Experience Center (AiX) - a one-stop immersive innovation and collaboration hub to lead, inspire, and advance the creation of world-class digital solutions across a range of sectors and verticals.

Thunes inks strategic partnership with LianLian Global for new payment service

Thunes, the Singapore-based payment firm, has on Wednesday welcomed LianLian Global, a Chinese e-commerce cross-border payment service provider, to the Thunes Global Network.

Fave Singapore secures in-principle approval for MPI license from MAS

Fave Singapore, part of the fintech firm Pine Labs group, has on Wednesday announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license to offer account issuance, merchant acquisition, and domestic money transfer services.

Leader Energy secures $23M loan from HSBC to support solar projects in Vietnam

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Malaysia-based Leader Energy Holding Berhad (Leader Energy), a wholly owned subsidiary of HNG Capital, have signed a VND 593 billion ($23.32 million) financing to support the development of Leader Energy's solar projects in Vietnam.

Ant Group-backed India’s Paytm gets government panel nod to invest in its payments arm – report

The government panel had earlier held back approval due to concerns about the 9.88 percent stake in Paytm held by China's Ant Group. India has intensified scrutiny of Chinese businesses since a 2020 border clash between the two countries, the report said.