Asia
Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital
Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).
Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia
Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).
Stripe expands global partnership with Tencent to enable Weixin Pay on Stripe Terminal in 20 countries
Stripe, a global financial infrastructure platform for businesses, has announced an expansion of its global partnership with Chinese multinational technology conglomerate Tencent, making Weixin Pay — also known as WeChat Pay — available on Stripe Terminal in 20 countries.
Solarvest, HSS and Shizen receive green incentive from Malaysian government for utility-scale solar project
Malaysia-based Solarvest Holdings Berhad and HSS Engineering Sdn Bhd (HSS), together with their Japanese partner Shizen Malaysia Sdn Bhd, have announced that its utility-scale solar project under SM01 Sdn Bhd has received approval for the Green Investment Tax Allowance (GITA) incentive from the Malaysian Investment Development Authority (MIDA).
Pop singer Kelly Yu releases world’s first AI anime music video for song “Werewolf“ in collaboration with CreateAI
In an unprecedented fusion of technology and artistry, renowned Chinese-Canadian Singer and Actress Kelly Yu has teamed up with CreateAI, a global artificial intelligence (AI) company, to produce a revolutionary music video for her new single “Werewolf”.
Hong Kong’s AI firm viAct raises $7.3M Series A for expansion in MENA and Europe
ViAct , a Hong Kong-based artificial intelligence (AI) company, announced Monday the close of $7.3 million Series A round led by Dublin-based private equity firm Venturewave Capital.
PATRIZIA, Mitsui partner Kaer to accelerate CaaS expansion in Asia with up to $350M investment commitment
PATRIZIA, together with Mitsui & Co., Ltd. (Mitsui), has made a strategic investment in Kaer via the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).
Antom partners Adobe to improve payment access across Asia
Antom, a provider of unified merchant payments and digitization solutions under Ant International, and Adobe, an American computer software company, have announced a strategic partnership to launch an optimized payment experience and tailored digital marketing offerings for Adobe’s customers across Asia.
NVIDIA to manufacture American-made AI Supercomputers in US for first time
“The engines of the world’s AI infrastructure are being built in the United States for the first time,” said Jensen Huang, founder and CEO of NVIDIA. “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.”
Carsome partners JACCS to accelerate auto financing in Malaysia
Carsome, Southeast Asia’s largest integrated car e-commerce platform, and JACCS, a Japanese consumer finance company under the Mitsubishi UFJ Financial Group (MUFG), have officially cemented their strategic partnership to accelerate accessible auto financing in Malaysia.
