Asia

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,

Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets (RWAs) for Japanese brands and IPs.

ADB sharpens strategic focus, accelerates efforts to combat climate change in Asia and the Pacific

The Asian Development Bank (ADB) has approved an ambitious new road map to guide its evolution and scale up its support on key challenges facing Asia and the Pacific, including accelerated efforts to combat climate change and expand private sector development.

Hong Kong’s OneDegree partners Saudi Arabia’s Walaa for digital asset insurance

OneDegree, the Hong Kong-based licensed insurer for digital assets, has inked a deal with Walaa Cooperative Insurance Company, an insurance and reinsurance company in the Kingdom of Saudi Arabia, to support OneDegree as a reinsurer for its market-leading digital asset products globally.

Tokyo Stock Exchange announces additional partners for TSE Asia Startup Hub

Tokyo Stock Exchange, Inc. (TSE) has announced the additional partners for its TSE Asia Startup Hub, which was launched on March 25, with the aim of building an ecosystem that supports the growth of promising Asian startups.

ESR completes phase 1 of its $2B, 130 MW Cosmosquare data center campus in Central Osaka

Hong Kong-based new economy real estate manager ESR Group Limited has on Thursday announced that it has successfully completed the core and shell of its flagship data center project, ESR Cosmosquare OS1 Data Center (OS1), in Nanko Kita, Osaka, Japan.

Singapore’s GIC acquires logistics facility in Yokohama, Japan

GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.

Hyundai Motor targets 2M EV sales by 2030

South Korea-based automaker Hyundai Motor is targeting sales of 2 million electric vehicles (EVs) by 2030 with new EVs lineup.