News

Malaysia introduces incentives to lure global unicorns – report

Earlier on Monday, Prime Minister Anwar Ibrahim launched the KL20 Action Plan paper in conjunction with the inaugural KL20 Summit 2024.

Indian climate-smart deeptech firm Ecozen raises $30M

Ecozen, an India-based climate-smart technology solutions firm, announced last Friday that it has raised $30 million in a mix of debt and equity. This infusion of capital includes continued support from Nuveen and other existing equity investors, and new debt support from InCred Credit Fund and the U.S. International Development Finance Corporation (DFC)…

Fasset partners MBSB to explore blockchain-powered Shariah-compliant banking solutions in Malaysia

United Arab Emirates (UAE)'s digital asset infrastructure provider Fasset has inked deal with Malaysian lender Malaysia Building Society Berhad (MBSB) to explore blockchain-powered Shariah-compliant banking solutions in Malaysia.

Animoca Brands Japan partners SQUARE ENIX to strengthen global marketing of ‘SYMBIOGENESIS’

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced that it entered into a memorandum of understanding (MoU) with SQUARE ENIX CO., LTD. to strengthen global marketing of SYMBIOGENESIS, SQUARE ENIX's game and associated collection of 10,000 non-fungible token (NFT) characters with game utility.

Naza Automotive enters EV through collaboration with Gentari

Malaysia-based carmaker Naza Automotive Holdings Sdn Bhd (NAZA Auto) will enter electric vehicle (EV) segment via collaboration with Gentari Green Mobility Sdn Bhd (Gentari), the wholly-owned subsidiary of Gentari Sdn Bhd, a clean energy solutions company.

Singapore’s ComfortDelGro secures $73M from DBS to accelerate UK bus fleet decarbonization

Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.

New Zealand commits $25M for ADB’s Energy Transition Mechanism

The government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia.

VinFast expands aftersales network in France and Germany through agreement with Mobivia

VinFast Auto has announced the signing of a cooperation agreement with Mobivia, one of Europe's leading automotive repair and maintenance brands, expanding access to a comprehensive aftersales service network for VinFast customers in France and Germany.

India’s Aurionpro Solutions acquires Arya.ai at $16.5M

India-based technology firm Aurionpro Solutions Limited has announced the strategic acquisition of Mumbai-based banking and insurance focused platform-as-a-service (PaaS) startup Arya.ai at $16.5 million.

Oracle to invest more than $8B in cloud computing and AI in Japan

Oracle Corporation Japan has on Wednesday announced that it plans to invest more than $8 billion over the next ten years to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan.