News
Pakistan’s workspace platform COLABS bags $2M in Pre-Series A funding to expand into Saudi Arabia
This latest investment brings COLABS' total funding to over $5 million, positioning the company for strategic expansion into Saudi Arabia and the broader MENA region.
Petronas could sell minority stake in renewable energy unit Gentari – report
Petronas established Gentari in 2022, with the aim of delivering “a suite of renewable energy, hydrogen and green mobility solutions”.
Singapore’s Clime Capital invests in Indonesia distributed solar developer Hijau
Established in 2017, Hijau said it has been a pioneer in Indonesia’s still nascent solar market. With an established track record in delivering solar energy solutions for Commercial and Industrial (C&I) customers, the company is actively expanding its project pipeline to meet the growing demand for sustainable energy.
Malaysia’s GHL & JCB expand payment options across Malaysia, Thailand & the Philippines
GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.
Singapore’s NextGen.AI bags $343k pre-seed investment from Asiawide Print Holdings
With this new capital fund injection, NextGen.AI aims to advance its research in knowledge-based personalization models to provide and also register its own IP in the company's research work.
Malaysian Central Bank allocates $880M to support MSMEs digitalization and automation
Malaysian Central Bank has allocated MYR 3.8 billion ($880 million) to support digitalization and automation, sustainable and low carbon practices, and agrofood production for micro, small and medium enterprises (MSMEs).
Mitsubishi to invest in Ayala joint venture with stake in Mynt
Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.
Indonesia forms $1.2B battery venture with China’s EV battery maker CATL -report
Indonesia has announced a joint venture with China’s Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production.
Malaysia approves 12 data center projects worth $20.9B greenlit from 2021 to June 2024 – report
The Malaysian Investment Development Board has approved 12 data center investment projects that include data center activities, cloud computing and data hosting with an investment of MYR90.2 billion ($20.9 billion) over the period from 2021 to June 30, 2024, national news agency Bernama reported. The Ministry of Investment, Trade and Industry announced that…
ASEAN year to date IPOs raising down to $2.5B
ASEAN saw a total of 94 initial public offerings (IPOs) raising $2.5 billion year to date, down from 127 IPOs raising $4.9 billion a year ago, Ernst & Young Global Limited (EY) said Thursday.
