News
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,
Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion
Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.
Singapore’s SDAX closes $50M Series B2 funding round
SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (MPMR).
Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets (RWAs) for Japanese brands and IPs.
MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation
MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies.
Singapore dating agencies Lunch Actually and Paktor merge
Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.
GIC-backed payment firm Nium pushes back IPO plans – report
Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing revenue, Bloomberg reported.
Malaysia’s MYEG partners GACC-owned East Logistics to set up National Single Window Trade Platform for ASEAN countries
MYEG announced on Friday an exclusive collaboration with East Logistics Link Co., Ltd., a wholly-owned agency of the General Administration of Customs of the People’s Republic of China (GACC), to develop and operate a National Single Window (NSW) platform for ASEAN countries, including Malaysia.
ADB sharpens strategic focus, accelerates efforts to combat climate change in Asia and the Pacific
The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including accelerated efforts to combat climate change and expand private sector development.
