News
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.
Hong Kong’s unicorn Lalamove launches e-hailing services in Malaysia, expands to Turkey
Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple and affordable.
CAREC launches regional climate fund to strengthen regional collaboration on climate resilience
Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new Climate Change Action Plan (CCAP) and launched the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) to strengthen regional collaboration on climate resilience, low-carbon growth, and sustainable development.
Schroders partners ADDX to enhance access to private equity investments
Global asset manager Schroders has announced a partnership with ADDX, a Singapore-based private markets and alternative investment platform, broadening access for accredited investors with a semi-liquid global private equity strategy.
Gobi-Core Unveils “Philippine Horizons” Report, the Future of Filipino Innovation in Asean
The report highlights specific areas where the Philippines can lead, including AI integration and talent pipeline development, positioning the country to stay competitive within the evolving ASEAN landscape.
China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation
The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.
Southeast Asia countries lead Chinese app install share globally: Adjust study
Southeast Asia (SEA) countries have led Chinese app install share globally, Adjust said in a study on Monday.
