Asia
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,
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.
