News

Indonesia Investment Authority (INA), Hong Kong-listed real estate firm ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged in real estate development, have on Monday announced a strategic partnership to invest in modern warehouse in Indonesia.

Japanese multinational investment firm SoftBank Corp has partnered with American multinational technology company NVIDIA on a pioneering platform for generative artificial intelligence (AI) and 5G/6G applications that is based on the NVIDIA GH200 Grace Hopper™ Superchip and which SoftBank plans to roll out at new, distributed AI data centers across Japan.

AMILI, a Singapore-based precision gut microbiome company, has on Monday announced that it has secured new funding from venture capital firm East Ventures. The fresh funds will be allocated towards expanding operations into Indonesia with the primary focus on addressing prevalent gut health issues using scientific approaches adapted to the Indonesian…

The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022, with funding dropped 33 percent to $2.4 billion in 2022, from $3.6 billion in 2021, a report showed last week.

Over the entire history, fintechs in alternative lending, digital banking, payments and transfers, e-wallet sectors have raised a grand total of $53.3 billion and earned $17.8 billion, said in a study revealed by Robocash Group on last Thursday.

Malaysian electricity utility Tenaga Nasional Berhad (TNB) has inked strategic partnerships with the major energy players in Vietnam and Laos to boost its ongoing drive to strengthen the ASEAN Power Grid (APG) interconnectivity and advancing Malaysia’s aspiration of becoming the Renewable Energy (RE) hub for ASEAN.

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd. (Gulf), announced Friday that it has now secured digital asset operator licenses from the country’s Ministry of Finance for a digital asset platform, regulated by the country’s Securities and Exchange Commission (SEC).

ZA Bank, Hong Kong’s virtual bank, has Wednesday unveiled its plan to introduce virtual asset trading services for retail investors. With this move, the firm is set to support the Hong Kong SAR government’s vision to develop a vibrant sector and ecosystem for virtual assets.

Singapore-based marketing platform Insider has on Wednesday announced an investment of up to $105 million from existing investors, Qatar Investment Authority (QIA) — and Esas Private Equity.

Mapletree Industrial Trust Management Ltd., as manager of Singapore-based Mapletree Industrial Trust (MIT), has announced the acquisition of a newly built data center in Osaka, Japan through the purchase of the trust beneficial interest at a purchase consideration of JPY 52 billion ($370 million).