News
Ant International sees robust growth across pillar businesses of payments, digitalization & inclusive financial services in 2024
Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.
Malaysia’s TNB partners with Singapore’s Sembcorp Power to advance ASEAN’s renewable energy integration
Malaysia-based utility firm Tenaga Nasional Berhad (TNB) and Singapore’s licensed electricity importer, Sembcorp Power (Sembcorp), a wholly-owned subsidiary of Sembcorp Industries, have advanced regional energy sustainability by signing a renewable energy supply agreement (RESA) on Monday.
KKR backed-PHINMA Education acquires St. Jude College Dasmariñas Cavite for $7.43M
KKR-backed Philippine private higher education group PHINMA Education Holdings has on Monday announced its purchase of St. Jude College (SJC) Dasmariñas Cavite in a PHP 432-million ($7.43 million) agreement.
TNGlobal Tracker: Startup Funding Snapshot for November 2024
In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.
Singapore’s Omni HR raises $7.4M to fuel expansion
Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Vietnam’s Kamereo secures $7.8M Series B funding to accelerate growth
Kamereo International, which operates a business to business (B2B) food supply e-commerce platform in Vietnam, has raised $7.8 million in its Series B funding round.
Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions
The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
ADB approves $14.8M grant to accelerate climate action
The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $14.8 million to accelerate climate action, foster innovation, and strengthen private sector development across its regional operations.
