Asia

IFC and the Carbon Trust join forces to cut emissions in emerging markets

In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank Group, and the Carbon Trust have agreed on a plan to work together to promote decarbonization strategies for companies in emerging markets and accelerate investments in green…

Mocaverse and Magic Eden to co-launch MagicMoca NFT launchpad

Mocaverse has on Tuesday announced a strategic collaboration with Magic Eden to launch MagicMoca, an non-fungible token (NFT) launchpad platform exclusively for the Mocaverse community and designed to facilitate access to curated gaming and IP NFT project launches.

DeLorean Motor Company inks partnership with Animoca Brands’ Motorverse for Web3 racing games

DeLorean Motor Company (DMC), renowned for its iconic sports cars, and Animoca Brands' Motorverse, an open ecosystems for Web3-powered motorsport, digital vehicles, and racing games, have announced a new partnership to bring iconic cars into Web3 racing games.

Tokenize Xchange’s Titan Chain secures investment from Animoca Brands

Tokenize Xchange (Tokenize), a Singapore-based digital asset exchange, announced that it has secured a strategic investment in Titan Chain, Tokenize's mainnet, from Animoca Brands, the global leader in digital entertainment, blockchain, and gamification.

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.

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.

Sinar Mas, LG CNS form joint venture to provide digital solutions in Indonesia

Sinar Mas, a conglomerate that oversees various business sectors in Indonesia, and LG CNS, a leader in digital transformation from South Korea, have launched their business collaboration, LG Sinar Mas, a joint venture that provides cutting-edge information technology (IT) solutions and services across Indonesia.

Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang

ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).

Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries

Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,