News
Indonesia’s J&T Express invests $136M for logistics center in Malaysia
JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.
Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea
In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing of a four-party Memorandum of Understanding (MoU) with Megazone Cloud, Korea Mobile Game Association (KMGA) and Yeonsung University. The agreement aims to nurture cloud-based…
Singapore’s Temasek allocates $3.64B for decarbonization investment platform
Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world.
Vietnam’s Society Pass acquires Singapore blockchain/Web3 mobile virtual network operator Gorilla Networks
Society Pass Incorporated (SoPa), Vietnam-based data driven loyalty and ecommerce ecosystem, announced Monday that it has acquired Singapore-based Gorilla Networks Pte Ltd (Gorilla), a next generation Web3-enabled mobile virtual network operator (MVNO). SoPa said it will incorporate Gorilla Networks’ proprietary blockchain/Web3 technology onto the rest of…
Malaysian conglomerate Sunway to launch largest indoor vertical farm in KL city center
The farm is expected to produce at least 13,000 kilograms of "fresh, healthy, and pesticide-free" vegetables per month.
Indonesia’s GoTo expands its sustainability commitments
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero Waste, Zero Barriers) across its ecosystem, forming a consolidated approach and strategy for the company, united behind common sustainability goals.
PDS Group launches first fully-digital DLT-based digital bond
The Philippine Dealing System Holdings Corp. (‘PDS Group’) announced on Thursday the launch of a fully digitally native bond, issued on a distributed ledger technology (‘DLT’) network powered by Hashstacs Pte Ltd (‘STACS’), a Singapore-headquartered FinTech firm. The digital bond was issued by the Union Bank of the Philippines (‘UnionBank’) for PHP 11.00…
Slash launches the first of its kind venture builder map with over 400 VBs globally
With venture building on a consistent rise, Slash, a boutique venture and tech studio, is coming forward with a new social project - Venture Builder Map. This is the first attempt to create a global interactive directory of all the venture builders.
