News

Malaysia’s SP Setia partners with China’s Ant Digital Technologies to unveil “Setia Go” app

Malaysian property developer S P Setia Bhd (Setia) has unveiled its newest app Setia Go in a bid to elevate Setia’s smart communities, in collaboration with Chinese tech firm Ant Digital Technologies with its cloud-to-end one-stop solution mobile platform-as-a-service (mPaaS).

ADB supports Alternergy’s first green corporate loan

The Asian Development Bank (ADB) is supporting Alternergy Holdings Corporation (AHC), a listed Philippine renewable energy developer, in securing its first green corporate loan.

India’s Infra.Market secures additional $50M in financing from Mars Unicorn Fund

Infra.Market, an India-based tech construction material solutions company, has secured an additional $50 million in financing from MARS Unicorn Fund, a joint venture from Israel-based asset manager Liquidity Group and Japan-based financial group MUFG.

ADB doubles climate financing as transactions hit new high

The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.

Ficus Capital partners INCEIF University to launch ESG-i assessment framework for MSMEs in Malaysia

Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i) assessment framework to empower micro, small and medium enterprises (MSMEs) in Malaysia with sustainable practices.

Gentari partners Lazada to expand green mobility adoption in Malaysia

Clean energy solutions provider Gentari Sdn Bhd (Gentari) has through its subsidiary Gentari Green Mobility Sdn Bhd partnered with eCommerce company Lazada to expand green mobility adoption in Malaysia.

Triple-A to integrate Paxos-issued PayPal USD into its payments solutions

Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept the stablecoin as a payment method, and to facilitate cross-border payments using the stablecoin.

HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode

Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside contributions from existing shareholder Temasek.

Bain & Company : SEA’s private equity deal falls in 2023 amid global turmoil

The private equity (PE) deal value in Southeast Asia (SEA) fell 39 percent to $9 billion last year compared to the previous five-year average (2018-2022), while deal volume dropped 24 percent in the same period, Bain & Company said Thursday.

Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia

Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic collaboration aimed at transforming the airline inflight experience, from ordering to paying for goods and services.