Asia
Left then right, then EV: Chinese car maker SOUEAST unveils ambitious global play
SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with ICE and PHEV in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030.
Taiwan’s Pegatron partners Telkomsel to accelerate smart manufacturing transformation in Indonesia
Pegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia.
Asia and the Pacific needs grid upgrade to drive energy transition, says ADB report
Inadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report.
Malaysia’s Capital A eyes dual listing in Hong Kong to accelerate growth, unlock new capital pools
Malaysia-based Capital A Berhad has on Friday announced that it is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX), as part of its strategic effort to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.
Financial Inclusion in Asia Projected to Reach 80% by 2030 – analysts
The financial inclusion in Asia is projected to reach 80 percent by 2030, analysts at digital financial solutions provider UnaFinancial said Wednesday.
Animoca Brands opens first office in the Middle East, appoints Web3 veteran Omar Elassar as MD
The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships.
ESR and STACK break ground on first phase of 72 MW data center campus in Kansai, Japan
ESR Group Limited, the Hong Kong-based new economy real asset owner and manager, and STACK Infrastructure, the Japan-based digital infrastructure firm, have jointly constructed and operated a new data center as part of a multi-phase 72-megawatt[1] (MW) data center campus development in Keihanna, located in Japan’s Kansai region.
US-based Electra bags $186M Series B funding round co-led by Capricorn Investment Group, Temasek
The round is co-led by Capricorn Investment Group and Temasek Holdings, joined by visionary investors including Breakthrough Energy Ventures, Lowercarbon Capital, Builders Vision, Collaborative Fund, S2G Investments, iron ore majors BHP Ventures, Rio Tinto, Roy Hill, top electric arc furnace (EAF) steelmakers Nucor and Yamato Kogyo, and corporations like…
SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture
SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP).
Zoho forges strategic partnership with Cradle to empower Malaysia’s startup ecosystem
Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.
