News
India’s IndoSpace raises additional $150M investment led by Qatar Investment Authority, Grosvenor’s Diversified Property Investments
IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, has announced the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional USD 150 million in investment.
Grab-led digibank GXBank becomes first to get Malaysia central bank’s approval to commence operations
GXBank has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023.
China’s Ant Group brings Alipay+ to the Philippines with 3 new mobile wallets – AlipayHK, Kakao Pay, Touch ‘n Go eWallet
The acceptance of three new mobile wallets, via Alipay+, comes as travellers return to the Philippines.
Vynn Capital announces partnership with Marubeni Malaysia to drive innovation & growth
The partnership brings together Vynn Capital's local network in the Southeast Asia region and expertise in identifying and nurturing promising startups and Marubeni Malaysia's extensive network and deep industry knowledge.
Singapore’s iMin Technology raises $5M in Series Pre-A funding led by Yonghua Capital
iMin Technology has also launched the iMinKit Mobile Device Management (MDM) platform. This platform caters to various business partners, ranging from food delivery services to digital payment platforms and SaaS companies in the F&B and retail sectors.
Tiger Research & Animoca Brands partner to lead Web3 collaborations in South Korea
The two companies will explore collaboration opportunities to mutually facilitate and enhance their business development and marketing efforts in South Korea.
Malaysia’s Solarvest partners Centexs, Huawei, Greenbay to launch hyperscale green data center testbed and training program
Solarvest Borneo Sdn Bhd (Solarvest Borneo), a subsidiary of Malaysia-based clean energy expert Solarvest Holdings Berhad (Solarvest), has entered into a Memorandum of Understanding (MOU) with Centre forTechnology Excellence Sarawak (CENTEXS), Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and GreenBay CES Sdn Bhd (GreenBay). According to the…
UOB Malaysia launches financing solution for electric vehicle ecosystem
Banking group UOB Malaysia has announced the launch of U-Drive, a comprehensive financing solution for the electric vehicle (EV) ecosystem in the country. The solution seamlessly connects the EV value chain, including automotive component suppliers, automotive brand owners, dealers, and charging point operators to end-users.
INA and GDS collaborate to co-invest in data center platform in Indonesia
Indonesia’s sovereign wealth fund Indonesia Investment Authority (INA) and China-based data centers operator GDS have announced their partnership to develop and expand the data center landscape in Indonesia. The two entities recognized Indonesia’s potential as an emerging data center market and share a common vision regarding the pivotal role that data…
LINE MAN Wongnai and LINE Thailand acquire Rabbit LINE Pay’s shares
LINE MAN Wongnai and LINE Company (Thailand) Limited acquire the shares of Rabbit LINE Pay Company Limited (RLP) from previous shareholders RabbitPay System Company Limited and Advanced mPAY Company Limited. The transaction allows LINE MAN Wongnai to become the majority shareholder of RLP.
