News

Creador appoints Syed Yasir Arafat as Senior Advisor

Creador, a Malaysia-based private equity firm, has announced the appointment of Syed Yasir Arafat Bin Syed Abd Kadir as its Senior Advisor.

Philippine NBFI Asialink secures $75M syndicated facility from Standard Chartered to boost MSME growth

Asialink Group of Companies, a Philippine non-bank financial institution (NBFI), has secured a $75-million syndicated term loan facility arranged by Standard Chartered Bank (Standard Chartered) — its maiden foreign and the first social syndicated loan for a local NBFI.

East Ventures invests in Singapore’s AI-native video editing startup Videotto

Videotto, a Singapore-based artificial intelligence (AI)-native video editing solutions startup, has secured an undisclosed amount of seed funding from East Ventures.

Singapore launches initiatives to support carbon markets

The National Climate Change Secretariat (NCCS), Ministry of Trade and Industry (MTI), Enterprise Singapore (EnterpriseSG) and Monetary Authority of Singapore (MAS) are advancing initiatives to support the development of high-integrity carbon markets.

Wavemaker Impact announces spinoff from Wavemaker Partners to become decarbonization platform 100×100

Wavemaker Impact, the climate venture-building fund of Wavemaker Pacific Partners Pte. Ltd. (Wavemaker Partners), announced Tuesday that it has begun the process of becoming an independent fund manager.

CelcomDigi and Terengganu Incorporated forge strategic partnership to advance digital and AI transformation

Malaysian telecommunication firm CelcomDigi Berhad announced Monday the signing of a memorandum of understanding (MOU) with Terengganu Incorporated Sdn. Bhd. (Terengganu Inc), marking a strategic collaboration to drive digitalization and artificial intelligence (AI) adoption across the group.

Singapore’s ourteam secures pre-seed backing from First Move and Silicon Valley angels

Ourteam, the Singapore-based artificial intelligence (AI) recruiter for Asia, announced Tuesday the close of its pre-seed round led by First Move, with participation from prominent Silicon Valley angels.

Gobi Partners–backed COLABS expands to Riyadh

COLABS, a Pakistan’s venture-backed workspace and entrepreneurial community platform, has announced its entry into Saudi Arabia with its flagship site in Riyadh, a major step that underscores the growing business and investment ties between the two countries.

Vingroup signs MOU with Democratic Republic of Congo on green transportation

Vietnam-based Vingroup, the government of Kinshasa, the capital of the Democratic Republic of the Congo, have signed a memorandum of understanding (MOU) to collaborate on research and development of large-scale urban projects and green mobility.

TNB and SGCC ink MOU to strengthen technology cooperation for modern power system in Malaysia

Tenaga Nasional Berhad (TNB), a Malaysia-based electricity utility company, has on last Sunday formalized a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), a China-based public utility company, represented by its wholly-owned subsidiary China Electric Power Equipment and Technology Co., Ltd. (CET), to strengthen technology…