News

Malaysia’s Hektar REIT partners GMA Resources for EV charging bays

Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), has partnered with GMAResources Sdn Bhd (GMA) for electric vehicle (EV) charging bays in Malaysia. This initiative involves the installation of 13 Electric Vehicle (EV) charging bays across six shopping malls in Hektar REIT’s portfolio commencing from 1…

Malaysian Central Bank: micro and small businesses will continue to enjoy zero-cost transactions DuitNow QR payments

Malaysian Central Bank said last Friday that micro and small businesses in Malaysia will continue to enjoy zero-cost transactions DuitNow QR payments, and no new costs for individual customers.

Singapore’s Vertex Technology Acquisition Corporation to merge with streaming platform 17LIVE Inc

Vertex Technology Acquisition Corporation Ltd (VTAC), a special purpose acquisition company (SPAC) based in Singapore, will buy streaming platform 17LIVE Holding Limited for SGD 925.1 million ($675.35m). The pro forma equity value of the proposed business combination is up to SGD 1,161 million ($847.56m).

Gobi Partners backs Malaysian agritech startup BoomGrow

Asia-focused venture capital firm Gobi Partners is doubling down on its commitment to Environment, Social and Governance (ESG)-friendly investments through its latest strategic funding into Malaysian agritech startup, BoomGrow’s Pre-Series A Funding Round. The investment is made through the Khazanah Nasional Berhad-backed Gobi Dana Impak Ventures (GDIV)…

Katadata: 67 percent of Indonesia’s population not active e-commerce users

Katadata Insight Center and Evermos report has found that Offline channels are crucial for business success for local Indonesian brands, and 67 percent of Indonesia's population is not active e-commerce users.

Vietnam’s GSM officially launches electric scooter ride-hailing services in Ho Chi Minh City

The Green SM Bike, GSM's electric scooter ride-hailing service, is officially launched in HCM City on last Friday. The firm aims to expand to another six provinces and cities and to increase the electric scooter fleet to up to 90,000 units in 2023.

Malaysia’s TNB accelerates commitment to 3 NETR flagship project in large scale clean energy and RE zones

Malaysian utility firm Tenaga Nasional Berhad (TNB) is making substantial strides in its commitment to drive largescale renewable energy (RE) and clean technology initiatives, spearheading three pivotal flagship projects as outlined in the National Energy Transition Roadmap (NETR).

ORIGIN Innovation Awards Leads the Path to a Sustainable and Responsible Future on its 4th Year

TNGlobal (formerly TechNode Global) announces the fourth edition of its #ORIGIN Innovation #Awards with the theme “Leading the Path to a Sustainable and Responsible Future.” This year’s awards will have a continued focus on how innovations are making an impact on sustainable development goals, celebrating and showcasing the remarkable endeavors of…

RFI : Singapore sees more rapid growth in the percentage of heavy digital users as compared to Hong Kong

While Singapore and Hong Kong are seen as global epicenters for technology and finance, RFI Global said that Singapore has seen more rapid growth in the percentage of heavy digital users.