Asia

CFM’s Climate Investor two fund closes at $1.07B, becoming the largest climate adaptation infrastructure fund in emerging markets

Climate Fund Managers (CFM), a climate-focused blended finance investment manager, announced Monday the final close of its second blended finance facility, Climate Investor Two (CI2), at $1.07 billion.

Alibaba Cloud launches second data center in Dubai to accelerate AI-powered digitalization in Middle East

Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, has officially announced the launch of its second data center in Dubai.

Lazada renews partnerships with POP MART to accelerate collectible delivery in Southeast Asia

Alibaba Group's e-commerce arm Lazada has partnered with POP MART again to expedite collector’s journey, delivering a more seamless and enjoyable experience with faster access to sought-after IP collectibles.

HashKey Exchange inks MOU with HATA to deepen expansion in Southeast Asia

HashKey Exchange, Hong Kong’s largest licensed virtual asset exchange, announced Tuesday the signing of a Memorandum of Understanding (MOU) with HATA, Malaysia’s licensed digital asset exchange to deepen its expansion in Southeast Asia.

HKUST and Gobi Partners launch Gobi-Redbird Innovation Fund to accelerate commercialization of cutting-edge research

The Hong Kong University of Science and Technology (HKUST), Hong Kong Investment Corporation Limited (HKIC), and Gobi Partners announced Monday the launch of a new strategic fund focused on early-stage start-ups incubated at the University.

Hong Kong’s Reap secures MPI license from MAS

Reap Group, a Hong Kong-based fintech company powering digital and blockchain-enabled business account management and embedded solutions for businesses, announced Monday its Singapore entity has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Helix, AmFi forge strategic partnership to launch tokenized private-credit initiative connecting Latin America, Asia

Helix, a Singapore-based asset tokenization platform incubated by Singapore-based fintech firm Helicap, has entered a strategic partnership with Brazil’s tokenization platform AmFi Finance to launch the first-ever tokenized private-credit initiative connecting Latin America and Asia.

Hong Kong’s 45th Autumn Electronics Fair and electronicAsia open on Monday

The two fairs have attracted over 3,200 exhibitors from 20 countries and regions. In addition to companies from the Chinese Mainland, Hong Kong, Macao and Taiwan, participants are joining from the Asia-Pacific region, including Australia, India, Japan, Korea and Singapore, and from Europe and North America, including Canada, Denmark, France, Germany, Italy,…

Singapre’s ShopBack Pay launches in Hong Kong with Octopus as payment method

ShopBack, the Singapore-based shopping and rewards platform, has launched ShopBack Pay in Hong Kong, enabling consumers to earn and redeem real Cashback in-store at the point of purchase.

Softbank’s PayPay acquires 40% stake in Binance Japan

PayPay Corporation, a Softbank-backed electronic payment services firm in Japan, has made an equity investment in Binance Japan Inc.