News

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.

Malaysia-based renewable energy firm Yinson Renewables has secured a $59 million senior secured green financing for the Matarani Solar Project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).

Chulalongkorn University (Chula), Thailand’s higher education institution, and Google Cloud have on Thursday announced a partnership for generative artificial intelligence (gen AI) for higher education.

China-based integrated information and communication technology firm ZTE Corporation, has teamed up with Thailand telecom-tech firm True Corporation subsidiary TrueBusiness and Thailand food conglomerate Charoen Pokphand Foods (CPF) to create a collaboration in 5G smart factory using independent private network, known as 5G-in-a-box, at CPF’s factory.

The Asian Development Bank (ADB) and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a groundbreaking partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific.

Meta Bright Group Berhad, a Malaysia-listed company, has announced a strategic partnership with Tunas Manja Sdn. Bhd.(TMG), a Malaysia-based grocery and retail operators, for solar photovoltaic (PV) installation.

The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.

Global crypto demand is skyrocketing, with users reaching 560 million by mid-2024 — a 30 percent year-on-year increase. Crypto market capitalisation has surged nearly 90 percent, surpassing $2.3 trillion. Bitcoin hit record highs following the US presidential election, driven by expectations of crypto-friendly policies from the new Congress.

The investment expresses Animoca Brands' belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to and that is characterized by its emphasis on direct distribution for consumer…

This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.