News
Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia
Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).
Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers
Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for Taobao shoppers in Singapore.
Teleport targets to deliver 2 mln parcels daily by 2025
Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.
Bursa Carbon Exchange to soon begin offering Malaysian carbon credits via aution
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, will be hosting an auction of its first Malaysian carbon credits on 25 July 2024.
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka Power, along with other significant venture capital firms in Southeast Asia and corporates such as Indogen Capital, SMDV and East Ventures.
Tencent-backed Airwallex courts Middle Eastern wealth funds – report
The firm has 60 licences and permits globally, in markets including Australia and New Zealand, Europe, Hong Kong, Singapore, the UK and the US.
IFC invests in Türk Ekonomi Bankası to enhance access to finance for climate-focused, women-owned smaller businesses in Türkiye
The International Finance Corporation (IFC) has embarked on a new investment in Türk Ekonomi Bankası A.Ş. (TEB), a private bank primarily serving corporate customers and small enterprises, aims to bolster access to finance for small and medium enterprises (SMEs), with a focus on climate mitigation and adaptation projects, women-owned businesses, and…
Gentari partners BMW Group Malaysia to provide EV charging facilities at The Exchange TRX
Gentari Sdn Bhd (Gentari) through its subsidiary Gentari Green Mobility Sdn Bhd, has in partnership with BMW Group Malaysia, to activate new electric vehicle (EV) charging facilities in the country’s new leading lifestyle destination, The Exchange TRX.
IFC provides $30M to M bank to increase digital lending for women and small businesses in Mongolia
International Finance Corporation (IFC) announced Wednesday that it has provided $30 million to M bank, Mongolia's first digitally focused bank, to increase digital lending for women and small businesses in the country.
South Korean AI firm DEEPX raises $80.5M in Series C funding led by SkyLake Equity Partners
DEEPX, a South Korea's artificial intelligence (AI) semiconductor technology startup, has announced the successful conclusion of its Series C funding round, amassing $80.5 million. The round was spearheaded by SkyLake Equity Partners with participation from BNW Investments and AJU IB, alongside existing stakeholder TimeFolio Asset Management.
