News
BlackRock, MAS, IFC, MUFG, NEXI, AIA team up to boost decarbonization investment in Asia
BlackRock, Monetary Authority of Singapore (MAS), International Finance Corporation (IFC), Mitsubishi UFJ Financial Group (MUFG), NEXI, and AIA Group have teamed up to boost decarbonization investment in Asia with a focus on Southeast Asia.
HashKey Global partners OneInfinity by OneDegree to bolster Web3 and cybersecurity landscapes
Hong Kong-based digital asset exchange HashKey Global and OneInfinity by OneDegree, a cybersecurity and insurance provider, have on Tuesday announced a strategic partnership aimed at strengthening the Web3 and cybersecurity realms.
Vietnam’s EV maker VinFast secures $3.5B funding from Vingroup & founder Pham Nhat Vuong
Vingroup plans to lend VinFast up to 35 trillion Vietnamese dong ($1.4 billion) by the end of 2026, the company said in a statement on Tuesday. Additionally, Vuong has personally pledged 50 trillion dong ($2.1 billion) in sponsorship.
Animoca Brands raises additional $10M for Mocaverse with participation by OKX Ventures, CMCC Global, Hong Shan
Hong Kong-based gaming firm Animoca Brands Corporation Limited has on Tuesday announced an additional tranche of funding of $10 million for its flagship project Mocaverse.
MAS announces green finance and capital markets initiatives to strengthen financial cooperation with China
The Monetary Authority of Singapore (MAS) has on Monday announced new green finance and capital markets initiatives to strengthen financial cooperation with China.
Grab raises full year revenue forecast after improved performance in third quarter
Singapore-based superapp Grab Holdings Limited has on Monday raised its full year revenue forecast following its improved revenue in the third quarter.
HKMA partners multilateral organizations to enhance strategic partnership for climate investment in Asia
The Hong Kong Monetary Authority (HKMA), has joined hands with multilateral organizations, including the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and International Finance Corporation (IFC), a member of the World Bank Group, to announce a strategic partnership to enhance strategic partnership for climate investment in Asia.…
GoTo, Tencent Cloud, and Alibaba Cloud team up to boost cloud infrastructure in Indonesia
In a significant boost to Indonesia’s digital economy and Golden Indonesia 2045 vision, GoTo Group, Tencent Cloud, and Alibaba Cloud have signed agreements that will boost cloud infrastructure and digital talent development in Indonesia.
Vietnam says China’s Shein, Temu must register with government or be blocked – report
Both Temu and Shein are facing increased scrutiny and legal challenges. Last month, Indonesia has requested Apple and Google to block Temu from their app stores to protect small merchants from competing with ultra-cheap items.
Intudo raises $125M to bring the world to Indonesia & Indonesia to the world
Intudo Ventures announced the closing of $125 million across two investment funds—Intudo Ventures IV, LP, a $75 million venture fund, as well as a $50 million fund that will invest in downstreaming natural resources and renewable energy.
