News
Alipay+ partners Hyundai Department Store to enhance payment benefits for global tourists to Korea
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, will embark on joint marketing withHyundai Department Store. The two parties are aiming to expand customer interaction and strengthen their global positions through holding a pop-up store at The Hyundai Seoul, now a globally established…
Igloo partners Smart to provide phone protection plans in the Philippines
Singapore-based insurtech Igloo has partnered with the Philippines’ mobile network Smart to offer phone protection plans for its growing 55 million subscriber base in the Philippines.
Gold Sino Assets to invest $50M into Gogoro
Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, has announced an agreement for $50 million investment from Gold Sino Assets Limited (Gold Sino) to continue its leadership in urban battery swapping ecosystems and smart mobility innovation to accelerate the shift to sustainable urban transportation.
Google’s investment in Singapore reaches $5B, underpinned by data center expansion
Google has on Monday announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company’s total investments in technical infrastructure in the country to $5 billion, up from $850 million in 2018.
Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China
Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.
Singapore launches generative AI testing toolkit to address LLM safety and security challenges
Singapore has launched AI Verify- Project Moonshot, a testing toolkit designed to address security and safety challenges often associated with the use of large language models (LLMs), the cornerstone of many AI-driven solutions.
Malaysia’s SP Setia partners with China’s Ant Digital Technologies to unveil “Setia Go” app
Malaysian property developer S P Setia Bhd (Setia) has unveiled its newest app Setia Go in a bid to elevate Setia’s smart communities, in collaboration with Chinese tech firm Ant Digital Technologies with its cloud-to-end one-stop solution mobile platform-as-a-service (mPaaS).
ADB supports Alternergy’s first green corporate loan
The Asian Development Bank (ADB) is supporting Alternergy Holdings Corporation (AHC), a listed Philippine renewable energy developer, in securing its first green corporate loan.
India’s Infra.Market secures additional $50M in financing from Mars Unicorn Fund
Infra.Market, an India-based tech construction material solutions company, has secured an additional $50 million in financing from MARS Unicorn Fund, a joint venture from Israel-based asset manager Liquidity Group and Japan-based financial group MUFG.
ADB doubles climate financing as transactions hit new high
The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.
