News

IFC provides $64M green loan to boost renewable energy in Thailand, Indonesia, and Vietnam

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC)'s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.

Australia’s UniSuper, ISPT acquire Sydney airport site to build $2.5B logistics hub

Australian pension fund UniSuper and property fund manager ISPT have on Wednesday announced they have acquired a Sydney airport site to build AUD 3.9 billion ($2.5 billion) logistics hub.

Netherland’s TerraPay partners Qatar’s Alfardan Exchange for advanced digital cross-border remittance solutions

TerraPay, a Netherland-based cross-border payments network, has announced a strategic partnership with Qatar-based fintech firm Alfardan Exchange, to advance digital cross-border remittance solutions.

United Kingdom’s Currencycloud secures license to provide services in Singapore

Currencycloud, a United Kingdom-based Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to provide a full suite of intra-regional and…

Singapore’s Thryve.Earth raises $2.6M in funding round led by Openspace

Thyrve.Earth, a Singapore-based technology-enabled project developer conserving and restoring nature, has on Wednesday announced a $2.6 million investment in a round led by a prominent regional venture capital firm, Openspace. The round also attracted participation from existing investors, Capital Code, and key strategic angels.

Singapore’s Ai Palette secures $5.8M in Series A1 funding led by Tin Men Capital

Singapore-based tech startup Ai Palette has secured a total of $5.8 million in a Series A1 funding round. Tin Men Capital, a Singapore-based venture capital firm with a focus on business to business (B2B) software startups, has announced a $4 million investment in the company.

Zhejiang Sinopont Technology sets up first manufacturing facility outside China in Malaysia

China-based manufacturer of solar encapsulant film, Zhejiang Sinopont Technology Co., Ltd. has established its first manufacturing facility outside China in Ipoh, Perak on Tuesday.

Malaysia’s Gentari appoints Solarvest to install solar power systems at over 300 Petronas stations across Malaysia

In a significant move towards a more sustainable future, Solarvest Energy Sdn Bhd, a subsidiary of leading clean energy expert Solarvest Holdings Berhad, has been appointed by Gentari Renewables Sdn Bhd, a subsidiary of Gentari Sdn Bhd (Gentari), to install solar power systems at over 300 PETRONAS stations across Malaysia.

BW Digital partners Citramas to build data center in Indonesia

BW Digital, a member of BW Group and headquartered in Singapore, and Citramas Group, an Indonesia-based conglomerate, have on Monday announced the signing of a memorandum of understanding (MoU) for the joint development of a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia.

US’s Vantage Data Centers secures $64M loan from top Taiwanese banks

Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank to fund the development of the company's first data center in Taipei, Taiwan (TPE11).