News

Major Singapore retail banks to introduce Singpass Face Verification to strengthen digital token setup process

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have on Wednesday announced that major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

US-based Checkmate secures $1.6M seed funding to expand new markets including Southeast Asia

Checkmate, a provider of comprehensive pre-employment screening solutions that based in the United States, has secured $1.6 million of seed funding to expand new markets including Southeast Asia.

DeLorean Motor Company inks partnership with Animoca Brands’ Motorverse for Web3 racing games

DeLorean Motor Company (DMC), renowned for its iconic sports cars, and Animoca Brands' Motorverse, an open ecosystems for Web3-powered motorsport, digital vehicles, and racing games, have announced a new partnership to bring iconic cars into Web3 racing games.

Malaysia’s Samaiden partners MCS to expand renewable energy business in Indonesia

Samaiden Group Berhad, a Malaysia-based renewable energy (RE) firm, has partnered PT MCS Bina Energi (MCS) to expand renewable energy (RE) business in Indonesia.

SUSI Partners acquires 39 MW wind farm in Vietnam

SUSI Partners, on behalf of the SUSI Asia Energy Transition Fund (SAETF), has signed an agreement to acquire the 39 MW Dam Nai wind farm located in the Vietnam province of Ninh Thuận from Norwegian-based renewable energy company Scatec ASA.

Tokenize Xchange’s Titan Chain secures investment from Animoca Brands

Tokenize Xchange (Tokenize), a Singapore-based digital asset exchange, announced that it has secured a strategic investment in Titan Chain, Tokenize's mainnet, from Animoca Brands, the global leader in digital entertainment, blockchain, and gamification.

Vietnam’s Mekong Capital receives Convergence grant for its impact initiative

Vietnam-based private equity firm Mekong Capital has been awarded a proof-of-concept grant from Convergence for its impact initiative, a multimillion-dollar blended finance project that aims to provide private growth stage funding and technical assistance for regenerative agriculture and sustainable land use businesses in the Lower Mekong region.

IFC issues $243M green bond to promote blue finance in emerging markets

The International Finance Corporation (IFC) has issued a green bond designed to promote ocean-friendly projects and improve access to clean water and sanitation in emerging markets.

Australia’s NEXTDC seeks $1.9B loan to expand data centers in Asia

NEXTDC Ltd, an Australian data-center operator, is eyeing a AUD 2.9 billion ($1.9 billion) syndicated loan from banks to expand its operations in Asia, including Malaysia, as demand for digital infrastructure surges, Bloomberg reported.

Global telecom leaders join forces to boost network APIs

Some of the world’s largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, together with Ericsson have on Friday announced a new venture to combine and sell network Application Programming Interfaces (APIs) on a global scale to spur…