On location

Growth of Thailand’s EV industry to power commercial real estate: JLL

Ambitious goals, supportive subsidies and foreign investment will create a minimum $6.5 billion addressable market for EV real estate in Thailand by 2030.

Vietnam’s Mekong Capital receives Convergence grant for its impact initiative

Vietnam-based private equity firm Mekong Capital has been awarded a proof-of-concept grant from Convergence for its impact initiative, a multimillion-dollar blended finance project that aims to provide private growth stage funding and technical assistance for regenerative agriculture and sustainable land use businesses in the Lower Mekong region.

IFC issues $243M green bond to promote blue finance in emerging markets

The International Finance Corporation (IFC) has issued a green bond designed to promote ocean-friendly projects and improve access to clean water and sanitation in emerging markets.

Australia’s NEXTDC seeks $1.9B loan to expand data centers in Asia

NEXTDC Ltd, an Australian data-center operator, is eyeing a AUD 2.9 billion ($1.9 billion) syndicated loan from banks to expand its operations in Asia, including Malaysia, as demand for digital infrastructure surges, Bloomberg reported.

Global telecom leaders join forces to boost network APIs

Some of the world’s largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, together with Ericsson have on Friday announced a new venture to combine and sell network Application Programming Interfaces (APIs) on a global scale to spur…

Vietnam Private Capital Agency launches to drive $35B in private investments by 2035

Private capital industry leaders have on Wednesday launched Vietnam Private Capital Agency (VPCA) to drive $35 billion in private investments in Vietnam by 2035.

Asia Pacific family offices optimistic despite concerns over economic uncertainty, says a report

Asia Pacific family offices optimistic and planning for growth despite concerns over economic uncertainty, geopolitics, and succession, said a report on Tuesday.

Software unicorn OutSystems sees “immense potential” in SE Asia as it taps opportunities for AI-powered low-code technology [Q&A]

OutSystems was last publicly valued at $9.5 billion after raising a $150 million Series E in February 2021, but Forbes reported that the valuation halved to $4.3 billion after its last fundraising round in October 2022.

EPL’s Tottenham Hotspur announces Ant International as global payment solutions & digital wallet partner

The partnership sees Ant International, together with its business brands Alipay+, Antom and WorldFirst, become the exclusive Official Global Payment Solutions and Digital Wallet Partner of Tottenham Hotspur, and Alipay+ the first Official Training Wear Sleeve Partner for both the men’s and women’s teams.

Singapore’s NVPC & Ant International conclude inaugural partnership to enhance charities & digital fundraising capabilities

The initiative leveraged Ant International’s expertise in digital financial services to equip non- profit organizations with capabilities to navigate the digital giving landscape, using giving.sg as the medium.