News
JC3 pushes faster climate action, adopts ASEAN sustainable finance taxonomy
Malaysia’s Joint Committee on Climate Change (JC3) is stepping up efforts to turn climate commitments into practical action, with priorities including accelerating the energy transition, strengthening flood resilience and improving climate-related reporting and financing, it said after its 17th meeting.
Partners Group closes $1 billion private credit mandate in Asia
Partners Group, a global private markets investor, has closed a new $1 billion private credit mandate with a major institutional investor in Asia.
Southeast Asia’s financial services M&A deal volume remains stable in first half despite lower deal value – EY
Southeast Asia’s financial services merger and acquisition (M&A) deal volume remained stable in the first half despite lower deal value, EY said on last Thursday.
Hyundai exports made-in-Vietnam cars to Mexico, Australia, target 15,280 units in 2026
Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.
Technology firms of Vietnam, Singapore to jointly digitize cross-border letter-of-credit verification
Vietnamese technology company PILA and Singapore-listed TOTM Technologies will jointly develop cross-border digital trust infrastructure for ASEAN, starting with a system to verify letters of credit between banks in the two countries.
Vietnam’s EV maker VinFast, Indonesia’s Gowa Motor to form joint venture for 30 EV showrooms
Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.
Zeekr extends RM1.20/kWh fast-charging rate to all DC Handal stations in Malaysia
Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.
Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue
SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.
MBSB maintains positive stance on Malaysia’s renewable energy on structural policy tailwinds
MBSB Research has on Wednesday maintained its positive stance on the renewable energy subsector, underpinned by the structural policy tailwinds for a deep decarbonization trajectory in line with the targets under National Energy Transition Roadmap (NETR).
Thunes expands Web3 Infrastructure with EURC to enable instant Euro treasury funding
Thunes, the Singapore-based payment firm, announced Thursday the expansion of its stablecoin liquidity management capabilities with the launch of EURC prefunding.
