News

Clime Capital hits first close of second Southeast Asian clean energy fund at $127M

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Monday announced the first close of the South East Asia Clean Energy Fund II (SEACEF II), with $127 million committed. SEACEF ll is the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support…

Darewise, Animoca Brands Japan, Honda team up to co-develop Web3 automotive gameplay

Darewise Entertainment (Darewise), a subsidiary of Animoca Brands and the company behind Life Beyond, and Animoca Brands Japan announced Monday a collaboration with Honda Motor Co., Ltd (Honda) to co-develop transportation and vehicle-related gameplay in Life Beyond, the upcoming AAA science fiction destination.

Societe Generale and IFC seal new agreement to accelerate on sustainable finance

European bank Societe Generale and IFC, a member of the World Bank Group, have signed a collaboration framework agreement to accelerate on sustainable finance in developing countries, as part of both institutions' shared ambition to contribute to the UN Sustainable Development Goals (SDGs) and strong commitment to the environmental transition and…

Zetrix partners Web3Labs and Summer Capital to accelerate Hong Kong’s Web3 roadmap initiatives

Zetrix, a layer-1 public blockchain platform owned by MY E.G. Services Berhad (MYEG), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, have on Monday announced a strategic collaboration to propel Hong Kong's Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for Hong Kong…

Razer Merchant Services enhances payment flexibility through partnership with BillEase

Philippine-based consumer finance app BillEase has announced its collaboration with Razer Merchant Services (RMS), a division of Razer Fintech. This strategic alliance aims to revolutionize the Buy Now, Pay Later (BNPL) landscape by integrating BillEase's flexible payment solutions into RMS's extensive merchant network.

Singapore’s Linkko secures strategic funding round led by W3M Ventures

Linkko, a Singapore-based platform pioneering web3 advertising, has announced a significant milestone in its journey as it secures a strategic funding round led by Web3 Media Ventures (W3M Ventures). The injection of capital marks a pivotal moment for Linkko, which aims to create a win-win ecosystem for both users and advertisers.

Grab, GrabFood

Grab Malaysia claims it sees delivery-partners benefitting from new earning structure during peak-demand periods amid riders’ protest

Their main demand is for Grab to reinstate the previous base fare of MYR5 ($1.06) for deliveries within the Klang Valley, which was reduced to MYR4 ($0.85) earlier this week, the report added.

BYD’s Thai distributor to triple EV dealerships, expand commercial offerings – report

BYD has been outperforming other automakers in Southeast Asia's EV market, bolstered by partnerships with local distributors .

AWS plans to invest $15.25B into its Japanese cloud infrastructure by 2027

Amazon Web Services (AWS) has on Friday announced its plans to invest 2.26 trillion yen ($15.25 billion) into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet growing customer demand for cloud services in Japan.

BYD Singapore partners Charge+ to offer discounted electric charging rates

Electric vehicle manufacturer BYD Singapore, and electric charging infrastructure provider Charge+, have forged a strategic partnership which is set to bring exclusive benefits to new BYD retail passenger vehicle owners in Singapore by offering discounted rates for electric charging usage.