On location
SK D&D seals deal with Glennmont to invest in solar PV projects in South Korea
South Korea-based renewable energy SK D&D has signed shareholders agreement with Glennmont Partners from Nuveen (Glennmont), one of the world’s largest fund managers investing in clean energy based in the United Kingdom, to establish a joint venture company for the co-investment of solar photovoltaics (PV) projects in South Korea.
MetaComp gets nod to provide digital payment token services in Singapore
Singapore-based cryptocurrency exchange MetaComp Pte. Ltd. has been awarded a licence from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a major payment institution in Singapore.
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, a survey shows
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, while 91 percent of tech talent are open to leaving their companies, according to the Growth & Scale Talent Playbook launched by Southeast Asian venture capital firm Alpha JWC Ventures with global consultancy firm Kearney and technology recruiting platform…
Hong Kong’s FWD partners Malaysia’s Artem Ventures to launch $10.22M fund
FWD Group Holdings Limited (FWD Group) has on Thursday announced the launch of TIM Ventures, a MYR45 million ($10.22 million) venture capital fund in collaboration with Artem Ventures, a Malaysia-based venture capital firm, to invest in emerging start-ups in the insurtech and Islamic fintech space in Malaysia.
South Korea’s BigBang Angels to establish global venture fund in Singapore with Farquhar Venture Capital
South Korean early-stage accelerator and venture capital (VC) Bigbang Angels (BBA) has on Thursday announced its formation of a global investment fund and deepens its footprint in South East Asia, by cementing its partnership with Singapore homegrown early-stage innovation ecosystem enabler, Farquhar Venture Capital (FVC).
SCB 10X launches Web3 collaboration hub for international community-building in Bangkok
SCB 10X, the venture investment arm of SCBX group, announced Thursday the launch of SCB 10X DISTRICTX, a physical space in the middle of Bangkok central business district (CBD) to build and foster world-class communities in blockchain and Web3.
Carsome Mobility Lab unveils five up-and-rising stars
Five mobility startups have presented their innovative pilot projects on Wednesday during the Carsome Mobility Lab demo day. The five companies are Asia Mobiliti Tech (smart mobility solutions), Carmen Automotive (SG) (vehicle data analytics solutions), Moovby (peer to peer car-sharing marketplace), MyBump Media (leading crowd advertising platform) and…
Tencent Financial Technology launches new global brand for cross-border payment business
Tencent Financial Technology, Tencent’s fintech arm, has on Wednesday introduced Tenpay Global, a new international brand for its cross-border payment business. The firm is also unveiling new inbound remittance capabilities to Weixin to facilitate easy money transfers to China.
US digital infrastructure firm Equinix enters Malaysia with $40M data center investment
Equinix, Inc., the United States-based digital infrastructure company, announced Wednesday its market entry into Malaysia with plans to build a new International Business Exchange TM (IBX) data center located in Johor, called JH1. With an initial investment of approximately $40 million, JH1 is scheduled to begin operations in the first quarter of 2024.
