News
Singapore’s Granite Asia announces $250M first anchor close of private credit strategy
Singapore's venture capital firm Granite Asia has secured over $250 million in anchor commitments for its private credit strategy, Libra Hybrid Capital Fund, ahead of the official fund launch.
Singapore’s Crypto.com sets up Washington, D.C. office
Singapore's crypto trading platform Crypto.com announced Wednesday that it will establish a North America regional office in Washington, D.C.
Foxtron to develop and supply EV model to Mitsubishi Motors for OEM
Foxtron Vehicle Technologies, a subsidiary of Taiwanese Hon Hai Technology Group (Foxconn), has inked a deal with Japanese automobile manufacturer Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an original equipment manufacturer (OEM) model.
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
Equinix scales Malaysia’s data center footprint with expansion in Kuala Lumpur
Equinix, Inc, the global digital infrastructure company, announced Wednesday the completion of the second phase of its KL1 International Business Exchange™ (IBX®) data center in Kuala Lumpur, Malaysia.
Digitalization can reduce persistent inequality in Asia and the Pacific, says ADB
Digitalization can be a powerful tool to help reduce persistent economic inequality in Asia and the Pacific—but to harness its potential, governments need to narrow “digital gaps,” including gaps in infrastructure, access, and skills, according to a new report by the Asian Development Bank (ADB).
Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem
Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.
Tencent-backed fintech firm Primer reports 239 percent year-on-year growth in payment volume in APAC
Primer, the Tencent-backed fintech firm, has announced that it has ‘set down roots’ in Singapore, incorporating in the city state following a strong year of growth in Asia-Pacific, which saw a 239 percent increase in payment volume.
Ant International partners with Barclays on global treasury management with proprietary AI-powered FX model
Singapore-based financial technology firm Ant International has entered a partnership with the United Kingdom bank Barclays to enhance efficiency and resilience in global treasury management for businesses.
AC Ventures strengthens gender-smart climate investing strategy through IFC’s We Fund Climate program
AC Ventures (ACV), an Indonesia-based investment firm, has deepened its commitment to inclusive climate innovation through active participation in the We Fund Climate program by the International Finance Corporation (IFC).
