News

Tokyo Stock Exchange announces additional partners for TSE Asia Startup Hub

Tokyo Stock Exchange, Inc. (TSE) has announced the additional partners for its TSE Asia Startup Hub, which was launched on March 25, with the aim of building an ecosystem that supports the growth of promising Asian startups.

Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia

Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…

ESR completes phase 1 of its $2B, 130 MW Cosmosquare data center campus in Central Osaka

Hong Kong-based new economy real estate manager ESR Group Limited has on Thursday announced that it has successfully completed the core and shell of its flagship data center project, ESR Cosmosquare OS1 Data Center (OS1), in Nanko Kita, Osaka, Japan.

Singapore’s Crypto.com partners Standard Chartered to launch global retail services

Singapore-based cryptocurrency exchange company Crypto.com has unveiled its global retail services from its Dubai Hub via a partnership with global bank Standard Chartered.

Singapore’s GIC acquires logistics facility in Yokohama, Japan

GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.

Digido : adoption of fintech services through mobile apps to reach nearly 80 percent in the Philippines by end of 2024

The adoption rate of financial technology in the Philippines through mobile apps among the population aged 15 years old and above may increase to 79.5 percent or approximately 66.4 million unique users by the end of 2024, new analysis from consumer credit service Digido revealed on last Thursday.

Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue

Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.

China’s Zhuhai CosMX invests $230M to build first manufacturing plant in Malaysia

Zhuhai CosMX Battery Co Ltd, a China-based manufacturer of consumer lithium-ion batteries and power lithium-ion batteries, has announced plans to build its first manufacturing plant in Kedah, Malaysia with an investment of MYR 1 billion ($230 million).

Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms

Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.

Tracxn : HealthTech, EdTech, and blockchain lead the pack with 5-year funding contributions in Southeast Asia

HealthTech, EdTech, and blockchain has led the pack with 5-year funding contributions in Southeast Asia (SEA), Tracxn said Wednesday.