News
AirAsia MOVE partners HTS to integrate Fintech ancillaries
Hopper Technology Solutions (HTS) and AirAsia MOVE (formerly airasia Superapp) have announced partnership to integrate fintech ancillaries from HTS into AirAsia MOVE’s digital channels.
February 29, 2024
Singapore’s Silence Laboratories raises $4.1M in funding led by Pi Ventures and others
Singapore-based privacy tech company Silence Laboratories has on Thursday announced a $4.1 million pre-series A round. The funding round is led by Pi Ventures and Kira Studio, along with several prominent angel investors.
February 29, 2024
Singapore’s Nium secures payment license in Japan
Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
February 29, 2024
Thai bank SCBX acquires Home Credit Vietnam for $864M
Home Credit Vietnam Finance Company Limited (Home Credit Vietnam), the consumer finance business of Home Credit N.V. (Home Credit Group), for approximately VND 20,973 billion ($864 million).
February 29, 2024
JC3 works on specific action plans to support economy transition in Malaysia
The Joint Committee on Climate Change (JC3), the platform established in 2019 to pursue collaborative actions for building climate resilience within the Malaysian financial sector, will continue to work with the government, the financial industry and its partners on specific action plans to support a just and orderly transition of the economy.
February 29, 2024
News,Malaysia,China,Sustainability
China’s GDS inks renewable energy agreement with Malaysia’s Cenergi
GDS, a China-based developer and operator of high-performance data centers, has reinforced its commitment to sustainability by establishing a 21-year renewable energy virtual power purchase agreement (VPPA) with Malaysia’s solar power producer and diversified renewable energy developer, Cenergi SEA Berhad (Cenergi).
February 29, 2024
News,Vietnam,Electric Vehicles & Mobility,Asia
Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East
Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market. This event signifies not only VinFast's initial operation in the Middle East region but also a significant step in the VinFast’s global expansion.
February 29, 2024
News,Electric Vehicles & Mobility,Asia
Geely-backed EV firm Polestar secures $950M external funding
Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The financing is being provided by 12 leading international banks including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB, in the form of a three-year loan facility.
February 29, 2024
QIA to invest $1 billion to support local and regional entrepreneurs
Qatar Investment Authority (QIA) is set to launch Qatar's first venture capital (VC) fund of funds, a strategic investment program to foster innovation in Qatar. The fund of funds program will invest more than $1 billion in international and regional venture capital funds.
February 29, 2024
Capital A to list brand management platform in United States
Malaysia-based Capital A (formerly known as AirAsia Group Berhad) said Wednesday that Capital A International (CAPI), owner of the iconic AirAsia brand, will be publicly listed in the United States through business combination with Aetherium Acquisition Corp.
February 29, 2024
Thai bank SCBX acquires Home Credit Vietnam for $864M
February 29, 2024
Capital A to list brand management platform in United States
February 29, 2024