Asia
$8 trillion opportunity in sustainable cooling solutions for developing economies, says IFC and UNEP report
The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).
WeRide partners Uber to launch robotaxis in UAE
China-based autonomous driving technology company WeRide has partnered United States-based mobility and delivery technology platform Uber Technologies, Inc. to bring WeRide’s autonomous vehicles onto the Uber platform, beginning in the United Arab Emirates (UAE).
Himalayan Bank collaborates with Ant International to expand Alipay+ acceptance in Nepal
Alipay+ will be accepted at more than 25,000 local merchants, allowing travellers from 10 countries and regions to enjoy a convenient and cashless experience as they travel across Nepal simply by scanning the MOCO Unified QR Code.
Singapore’s audax Financial Technology and Synpulse establish strategic partnership
This joint solution provides a dual-mode approach to banking infrastructure modernisation, designed to seamlessly coexist alongside the existing infrastructure of incumbent financial institutions.
Pakistan’s BNPL firm Qist Bazaar raises $3.2M Series A from Indus Valley Capital, Gobi Partners
The round was led by Indus Valley Capital, with participation from Gobi Partners.
Princeton Digital Group acquires land for AI-ready data centers in Asia
Princeton Digital Group (PDG), Singapore-headquartered data center provider, has announced that it has acquired powered land for 500 MW capacity expansion in key markets across Asia.
Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.
Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity
Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.
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.
