Asia

Asia Pacific (APAC) firms are scaling up energy transition to meet surging demand, according to industry research conducted by ABB’s Energy Industries division.

Bunjang, South Korea’s tech-driven re-commerce platform, announced Wednesday that its global cross-border marketplace, Bunjang Global, has surpassed two million monthly active users, cementing its position as the new global benchmark for K-recommerce.

Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.

JLand Group, the real estate and infrastructure arm of Malaysia-based Johor Corporation (JCorp) and Japan-based integrated trading and investment group Sumitomo Corporation, have teamed up to advance sustainable innovation in Johor’s Ibrahim Technopolis (IBTEC).

The Saudi Central Bank (SAMA) and Ant International, a global digital payment firm, will launch cross-border QR code payments between the Kingdom of Saudi Arabia’s (KSA) national payment scheme, mada, and Ant International’s global wallet gateway, Alipay+, during 2026 to drive digitization and inclusive growth for local merchants.

Knight Frank’s Asia-Pacific Data Center report showed Wednesday that in the first half of this year, the region secured nearly 13 gigawatt (GW) of new project announcements, a 160 percent increase and more than double the 5GW announced in the same period last year.

Ant International, a Singapore-based global digital payment firm, AlipayHK, Hong Kong’s e-wallet, and TNG eWallet, Malaysia’s e-wallet, are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments.

Vantage Data Centers, a global provider of hyperscale data center campuses, announced Thursday that it has secured a $1.6 billion investment to scale its Asia-Pacific (APAC) platform.

Twenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group.

WGSN, a global business intelligence and insights firm, announced Wednesday the expansion of access to its artificial intelligence (AI)-powered fashion buying platform to buyers across Asia’s major markets, including India, China, Japan, Korea, and Southeast Asia.