News
Mitsubishi to invest in Ayala joint venture with stake in Mynt
Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.
Indonesia forms $1.2B battery venture with China’s EV battery maker CATL -report
Indonesia has announced a joint venture with China’s Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production.
Malaysia approves 12 data center projects worth $20.9B greenlit from 2021 to June 2024 – report
The Malaysian Investment Development Board has approved 12 data center investment projects that include data center activities, cloud computing and data hosting with an investment of MYR90.2 billion ($20.9 billion) over the period from 2021 to June 30, 2024, national news agency Bernama reported. The Ministry of Investment, Trade and Industry announced that…
ASEAN year to date IPOs raising down to $2.5B
ASEAN saw a total of 94 initial public offerings (IPOs) raising $2.5 billion year to date, down from 127 IPOs raising $4.9 billion a year ago, Ernst & Young Global Limited (EY) said Thursday.
Moody’s : Temasek and PIF will maintain advantage in intrinsic credit strength among rated peers
Singapore's state-owned fund Temasek Holdings Limited and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) will maintain advantage in intrinsic credit strength among rated peers, Moody's Ratings said Thursday.
AirAsia MOVE adds Myanmar Airways International as its latest direct airline partner
AirAsia MOVE (formerly known as airasia Superapp), the Malaysia-based online travel agency (OTA) platform, has added Myanmar Airways International (MAI) as its latest direct airline partner, enhancing its flight offerings.
Vietnam’s Vingroup to divest stakes in AI firms – report
Vietnam’s largest private conglomerate Vingroup is said to be working towards selling its stakes in AI firms VinBrain and VinAI to global tech companies, Singapore-based media The Business Times reported on Wednesday, quoting three sources.
Securities Commission Malaysia partners Khazanah to catalyze mid-tier companies access to the capital market
The Securities Commission Malaysia (SC) has on Thursday signed a memorandum of understanding (MoU) with Khazanah Nasional Berhad (Khazanah) via Dana Impak Fund to increase access to funding and familiarize the capital markets for Malaysian mid-tier companies (MTC) to further catalyze their growth and expansion.
Malaysia’s AIZO partners Netrunner to develop data centers park in Sarawak
Malaysia-listed engineering services company AIZO Group Berhad (formerly known as Minetech Resources Berhad), has inked a memorandum of understanding (MoU) with energy firm Netrunner Sdn. Bhd. to explore the development of a Tier 4 Data Centers Park in Sarawak, the East of Malaysia.
IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth
The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space in order to help address climate change impacts and foster a sustainable financial ecosystem.
